Hedge trading spieler system derived from futures spread trading

I suppose this is why most of us are here, to learn and over the long term un-learn what should not have become habit in the first place. But for that we need people who know there niche. But I can also understand why they aren't here anymore. It would have been good to rather see those with knowledge to push through the flammers and those that "don't listen" as you put it, as they probably still believe in the strategy or a form of it and once they wanted to teach others about it, but alas the thread is dead.

I will give my 2p worth to the strategy in a few days and then delete the thread off my subscribed list too.

Regards,

JC

I've attached the trading results on a demo from the end of my last posted statement through yesterday. During this period I experimented a little with using 2 other currencies based on the eur/chf, which are the eur/gbp and gbp/chf, with the same rules. It wasn't a very long test but I don't think it is worth pursuing based on higher spreads, increased margin required, and lower return per trade. Also, I had 1 short position that ended up staying open for quite a while so I decided to try something new and close the profitable side, which was the eur/usd and eur/gbp at the time, and wait for the losing side to come back to a point where that position would end up breaking even. This resulted in that position breaking even with the eur/chf a full 100 pips away from my entry. However, I chose to initiate this at a random time so that could just be blind luck which we should never use as a trading strategy. There would need to be a lot of research done and rules surrounding when to perform such an action but I feel that it could add another aspect to this system.

I would also be interested to hear Speiler's views on the question above. Speiler has not posted for quite a while and this thread has gone a bit off track. Speiler, if you still read this thread, are you still successful with this system in view of current volatility?

Under the assumption that what I'm saying comes from my experience of real live trader and my own approach to trading and hence more or less acceptable, I would justify my further action in this thread and therefore the proposal that will follow starting from a preliminary observation:

- The only way to manage a win and a loss position is by size snowballing.
There is no other way. One increases the profitabilty bottom line and the other a recovery protocol. The MO you will find in Art of War.
This is a capital game, therefore no alternative are possible.
The relativity of the size snowball is important that over-extension in % counts can kill the biggest fish in the water.

- If the weakness seen in the previous principle may be a situation of big DD in case of a huge trend moove, then the only chance we have to avoid the possibility of this situation is to try to predict in advance the Impulse direction of the market so that we can implement our operations on the Corrections to the impulsive motion...
R. N. Elliott had the merit of developing an innovative theory to analyze the market from a strictly technical and physiological point of view...

characteristic of this theory is to be able to classify the market moves as the waves that follow one another, with order and continuity and physiologically over the time. The uniqueness of the theory is to study the market based on investor sentiment, and every wave represents a variation of that sentiment.

To add that the mathematical basis of this theory is the development of the "golden" sequence of Fibonacci numbers_

Now let me explain my intentions, if someone can find useful and help (otherwise I have no reason to spend my time in vain) ...
well I could give birth to a new thread, which departs from these assumptions fundamental, and thus bringing together the concept of snowbollig with the attempt to anticipate the moves of the market through the Elliott Waves...

All this in an attempt to ensure, as far as possible, a certain operational safety!

I laid the foundations and my availability, however, I would now have an objective feedback on your part, so I can really take into account what has been said so far...

this is just an opportunity, I do not seek the consent of anyone of course! With the hope that my English is not too bad...

Stake.

Dear Stake,

Speak on! I'm not sure what you're getting at, but am happy to listen and participate.

Lenoxer

Hi Stake
We are waiting for your ideas.
Yhx

Dear friends, I am happy to meet you again in this thread!

Unfortunately my English is not the best, this adds considerable difficulty to my attempt to make, as much as possible, to understand what I write!

Also it would be difficult to drain in a few words a subject so vast as that which we are going to deal...

So I ask your understanding and I ask you to forgive me for my horrible English!!!

Well, my intention is that, as I said, to create new thread in which, with my help, we will combine the excellent technique shared in this thread by Mr. Spieler with the Elliott wave theory in order to obtain a greater operational safety through a system whose only limit is that of exposure to big DD in case of a huge trend moove...

This is the basic principle: once we have identified an Elliott cycle of higher degree (for those who have no confidence with the Elliott theory and its application, don't worry there will be the time to discuss!) across the different TF and then through the various grades of the cycle, we are going to work only on the corrective waves of the cycle. In this way we can significantly reduce the risk to be in a big DD, correcting defects of this system, Attention: when I talk about "defects" I refer not to the system itself that works well, if we are not under-capitalized, but I'm talking about the frequent problem of under-capitalization.

At this point, if you agree, I would like to create this new thread which I will call: Manage Position By Size Snowballing On Corrective Waves_

P.S. if you want you can suggest a better title _

Regards, Stake.

Link to new thread http://www.forexfactory.com/showthre...=1#post2556176

teldon, what interval are you using to determine when to add on?

What is the problem with this expert?
Can Anybory help me

Anybory hear is using in live accont this expert?
This expert is rent ,sold or free?
Is there .mq4???

My friend
This expert is rent ,sold or free?
Is there .mq4???

Hi

It is free, but as far as I know the creator (swingman) did not release the .mq4. It's creators parogative :-)

JC

Can you do it for work in mini accont with 0.01 lot = U$0.01
I try in mini accont but do not work
Interbankfx mini accont 0.01 lot is U$0.01

hi, if you have read my post on the strategy , i add on when 3 appears on the 4 hr chart.

I am trying to use in mini accont but do not work
0.01 lot in micro work where 0.01 lot is U$0.10
Mini accont 0.01 lot is U$0.01 and do not work
Can you put your strategy or give me the number where you post?
Thanks

ii dont understand your question. it should work on both. you should start like this.... eurusd 0.02 and usdchf 0.03 to get 1:1.5 ratio.

My broker is interbankfx
In mini accont I sad mini accont do not micro accont do not work
I am sure about it
0.01 lot in standard accont in the broker interbankfx 0.01 lot is U$0.10 and work perfect but in mini accont in the broker interbanfx 0.01 lot is U$0.01 and do not open orders
The cross is eur/usdm in mini accont
This "m" show that is a mini accont

Hi Archie,

Are you still testing on this EA? I have been testing it since 5 Feb 09. Most of the time profit but the problem arise when there is offquote from broker when the EA only open 1 currency and the other one not opened due to offquote.

This Expert do not work in live accont?
I try to use SpielersHedgeEAv2.8 but in live accont do not work,why?