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Chamunda's MultiCurrency Strategy

  • #61
  • Oct 7, 2010 5:48pm Oct 7, 2010 5:48pm
Greetings, I placed the EA on my IBFX mini demo account, and it has opened no orders all day today. Any suggestions?
  • #62
  • Oct 7, 2010 6:10pm Oct 7, 2010 6:10pm
Quoting Dreamliner
Greetings, I placed the EA on my IBFX mini demo account, and it has opened no orders all day today. Any suggestions?
Dreamliner, I just figured it out; put a "m" after the pair names, such as EUR/USDm and it will open orders for you.

Ah, thanks Dreamliner .
  • #63
  • Oct 7, 2010 11:58pm Oct 7, 2010 11:58pm
Quoting Pluto2
Caillou,

Where did you set the maximum DD?
I don't see that input in the EA.
Hi Pluto2,
No, the ea donīt have DD input, I mean I have to play with it in order to know a possible max DD.
Iīm not a coder but is it possible to have this ea with 2 more options:
1.- An input who allows stop trading after a succesfull basket trade.
2.- To run this ea with other eaīs, at the moment this ea takes into account all trades open, and not only his.
Sorry for my english, Iīm from Spain......
  • #64
  • Oct 8, 2010 2:24am Oct 8, 2010 2:24am
hello vikasone23,
please help me by the programming.
your first EA has this setting:
buy eurusd,
sell usdchf,
buy usdjpy,
buy gbpusd,
I'm banker, and I ask you the right to modify the EA with its own magic number so that I both work at the same time without disturbing one:
sell eurusd
buy usdchf
sell usdjpy
sell gbpusd

targeted at the account and is more correlation difersikation get.

PLEASE HELP
best regards and have a very nice day
vienna
  • #65
  • Oct 8, 2010 3:38am Oct 8, 2010 3:38am
Another basket close at +200.00$ profit at 08h37 (GMT +2)...
Most important: 2 trades, 2 wins, 1 with EUR/USD bullish and 1 with EUR/USD bearish....
  • #66
  • Edited 9:44am Oct 8, 2010 4:00am | Edited 9:44am
On a 50000$ demo account, @$10 a pip the drawdown went to $2100 max in the last 5 days for the 4 pair hedge. The drawdown is approximately 5% of the equity.

May I know what is the experience of others regarding drawdown?

Thank you.
  • #67
  • Oct 8, 2010 4:03am Oct 8, 2010 4:03am
Quoting Caillou
Another basket close at +200.00$ profit at 08h37 (GMT +2)...
Most important: 2 trades, 2 wins, 1 with EUR/USD bullish and 1 with EUR/USD bearish....
Hello Caillou,

What is your equity and drawdown?
  • #68
  • Oct 8, 2010 4:17am Oct 8, 2010 4:17am
Quoting simplecoders
Hello Caillou,

What is your equity and drawdown?
Hello Simplecoders,

Just tested since Yesterday, demo account, 10.000$, 1 lot each pair (I know, too much, only demo) , 1.000$ max DD (only since yesterday), 10%. Today a good test with NFP news.....
  • #69
  • Oct 8, 2010 4:35am Oct 8, 2010 4:35am
hallo
e/u buy
g/U Sell
u/C Buy
u/J Buy

is this correct???
what signified the settings in the mask
commission 1-5????

what is set there????
tom
  • #70
  • Oct 8, 2010 4:58am Oct 8, 2010 4:58am
Quoting Caillou
Hello Simplecoders,

Just tested since Yesterday, demo account, 10.000$, 1 lot each pair (I know, too much, only demo) , 1.000$ max DD (only since yesterday), 10%. Today a good test with NFP news.....
So it is 10$ per pip right?
  • #71
  • Oct 8, 2010 5:04am Oct 8, 2010 5:04am
Yes, 10$, sure too much for 10.000$ account, maybe best results with 0.5 lot (5$/pip)...letīs see
  • #72
  • Oct 8, 2010 5:13am Oct 8, 2010 5:13am
Quoting Caillou
Yes, 10$, sure too much for 10.000$ account, maybe best results with 0.5 lot (5$/pip)...letīs see
As my drawdown was $2,000 @ $10/pip, the drawdown can go up to 10% of the account. Let us watch how much the drawdown can be.
  • #73
  • Edited 5:46am Oct 8, 2010 5:36am | Edited 5:46am
Instead of going with 1 lot in a single trade, it may be profitable to trade with $0.10 for every $200 drawdown.

At first open two sets of trades one in each direction. Close the set when it reaches $200 profit. Again open another two sets similarly. Close the profitable one. As the price swings the losing set also becomes profitable in due course.

In this way we can distribute the drawdown at the same time bag the profits.
  • #74
  • Oct 8, 2010 5:54am Oct 8, 2010 5:54am
I can rewrite both ea in reverse, any ding-looking I do not how do I use the magic number work with all these external and any offer for the tp close the orders.
eas in the notes is the file with the -
I hope that winning all make it ...

THE EA NR: 1 is first ea vikasone
THE EA NR: 2 is reverse first vikasone
THE EA NR: 3 is second ea vikasone
THE EA NR: 4 is reverse second ea vikasone

EA NAME IS: JN IS MY NAME- DI IS DIVERSIFAKTION- V IS VIKASONE-HET IS HEDG- AND OKT IS THE STARTMONTH

best regards
vienna
Attached File(s)
File Type: zip JNDIVHETOKT.zip   34 KB | 341 downloads
  • #75
  • Oct 8, 2010 6:06am Oct 8, 2010 6:06am
Quoting simplecoders
Instead of going with 1 lot in a single trade, it may be profitable to trade with $0.10 for every $200 drawdown.

At first open two sets of trades one in each direction. Close the set when it reaches $200 profit. Again open another two sets similarly. Close the profitable one. As the price swings the losing set also becomes profitable in due course.

In this way we can distribute the drawdown at the same time bag the profits.
So 2 basket of trades, different direction like post 1, 0.1 lot and 20$ (no 200$?) profit, and let the system alone, each time a basket close, a new basket is open, ......, Iīm going to try now...a perfect hedge........
  • #76
  • Oct 8, 2010 6:18am Oct 8, 2010 6:18am
Quoting Caillou
So 2 basket of trades, different direction like post 1, 0.1 lot and 20$ (no 200$?) profit, and let the system alone, each time a basket close, a new basket is open, ......, Iīm going to try now...a perfect hedge........
Each time we close a profit making set, we open another two sets, one each in opposite direction. The scene in our trading account will be existing set with a loss and two new sets one each in opposite direction.

The losing sets will be accumulated and closed when they swing back to profit.

20$ if it $1 per pip, 200$ if it is $10 per pip.
  • #77
  • Oct 8, 2010 6:30am Oct 8, 2010 6:30am
Quoting simplecoders
Each time we close a profit making set, we open another two sets, one each in opposite direction. The scene in our trading account will be existing set with a loss and two new sets one each in opposite direction.

The losing sets will be accumulated and closed when they swing back to profit.

20$ if it $1 per pip, 200$ if it is $10 per pip.
Ok, sounds good, but we need a change in this ea: when a basket close in profit, no more trades must be opened...... any idea how to do that? Because now ea never stops.....
  • #78
  • Oct 8, 2010 6:35am Oct 8, 2010 6:35am
Question: so do we need to insert all 4 EA's?

grz.
  • #79
  • Oct 8, 2010 6:38am Oct 8, 2010 6:38am
Quoting Caillou
Ok, sounds good, but we need a change in this ea: when a basket close in profit, no more trades must be opened...... any idea how to do that? Because now ea never stops.....
When a basket closes in profit, we open another two sets of trade like:

SET1

EURUSD buy
GBPUSD sell
USDJPY buy
USDCHF buy

SET 2

EURUSD sell
GBPUSD buy
USDJPY sell
USDCHF sell

When one of the above set closes in profit, we again open another two sets similarly. This cycle goes on depending upon our equity and money management.

But the main hurdle lies in the fact that we have to quickly identify that particular set which is making profit to close it and also the one that has moved from loss to profit. Its is tough because the trades keep on accumulating.
  • #80
  • Oct 8, 2010 6:45am Oct 8, 2010 6:45am
For me itīs very difficult because the ea takes into account all opened trades, so you have to make the calculation manually for each basket....I think itīs better to modify the ea for stop trading after a profit, then we could reenter again with 2 more basket....
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