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Hedge trading spieler system derived from futures spread trading

  • #2,801
  • Oct 20, 2010 4:17am Oct 20, 2010 4:17am
Quoting DavidsJobs
I think it's a bad idea.
Here are the results at this time.

DavidsJobs,Hi
Can you send me the EA settings?
  • #2,802
  • Oct 20, 2010 4:24am Oct 20, 2010 4:24am
Quoting Eks
Hi SkyStriker,

Thank you for sharing that. I start to understand what you mean and will demo it. I'll write you back.

And once again, thank you for sharing the idea
Take a look at the EUR/CHF divergence and the CAD/CHF divergence...you may find it interesting.
  • #2,803
  • Oct 20, 2010 5:08am Oct 20, 2010 5:08am
Quoting SkyStriker
DavidsJobs,Hi
Can you send me the EA settings?
It turns out that yesterday I opened a position is not like you.
Attached File(s)
File Type: zip cad.zip   < 1 KB | 401 downloads
  • #2,804
  • Edited 7:20am Oct 20, 2010 6:55am | Edited 7:20am
Quoting DavidsJobs
It turns out that yesterday I opened a position is not like you.
I see...but you did turn to profit?

Thanks for the settings.

Here are the settings for the CAD/CHF USD/CHF.
You have a mistake in the settings "Shift days for referance" should be 0
Attached File(s)
File Type: zip usdchf-cadchf.zip   < 1 KB | 489 downloads
  • #2,805
  • Oct 20, 2010 7:06am Oct 20, 2010 7:06am
Quoting SkyStriker
I see...but you did turn to profit?

Thanks for the settings.
No, I trade on a system that offered spieler
  • #2,806
  • Edited 9:49am Oct 20, 2010 9:03am | Edited 9:49am
Quoting DavidsJobs
No, I trade on a system that offered spieler
I am in a deal right now,you can try it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCHF-CADCHF today.jpg Size: 456 KB
Click to Enlarge Name: 222333.jpg Size: 458 KB
Click to Enlarge Name: 11232.png Size: 256 KB
  • #2,807
  • Edited 10:00am Oct 20, 2010 9:21am | Edited 10:00am
Quoting SkyStriker
I am in a deal right now,you can try it.
I'll try.
But I'm interested in this question:
How to protect yourself from losses when the trend goes up?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: CADCHF.JPG Size: 139 KB
Click to Enlarge Name: CADCHF2.JPG Size: 144 KB
  • #2,808
  • Oct 20, 2010 9:54am Oct 20, 2010 9:54am
Quoting DavidsJobs
I'll try.
But I'm interested in this question:
How to protect yourself from losses when the trend goes up?


I have started the deal at 25% and the last pic is at 28%
So you can see that the results are better than before
That is why I use the CAD/CHF

Is the attached bad or what?!
40% and I am still at proffit at the CAD/CHF and USD/CHF

P.S this will be the last pic that I upload because the thread is getting ugly.
Attached Image (click to enlarge)
Click to Enlarge Name: last.jpg Size: 465 KB
  • #2,809
  • Oct 20, 2010 10:04am Oct 20, 2010 10:04am
Quoting SkyStriker
I have started the deal at 25% and the last pic is at 28%
So you can see that the results are better than before
That is why I use the CAD/CHF
Now I have turned this situation, as in the picture.
What do I do next to avoid losses?

I know why you are now in profit.
You have opened a position once, and I opened for 3's position when it was 28%

Maybe someone knows how to prevent EA to enter the market under such circumstances?
enter the market strictly by the rules, I mean + / -25% ..... + / - 1%.
  • #2,810
  • Oct 20, 2010 10:15am Oct 20, 2010 10:15am
Quoting DavidsJobs
Now I have turned this situation, as in the picture.
What do I do next to avoid losses?

I know why you are now in profit.
You have opened a position once, and I opened for 3's position when it was 28%

Maybe someone knows how to prevent EA to enter the market under such circumstances?
enter the market strictly by the rules, I mean + / -25% ..... + / - 1%.
I have the oposite problem my EA does not open a new one at 50%

Now I am at -11pip on the CAD/CHF and +23pip on the USD/CHF at 0.577%
And still it does not open new orders.
  • #2,811
  • Edited 10:30am Oct 20, 2010 10:17am | Edited 10:30am
Quoting SkyStriker
I have the oposite problem my EA does not open a new one at 50%
I open the position manually.
Because EA will not open positions automatically. You are all true noticed.

I think that for your system's best entry is 25%.
  • #2,812
  • Oct 20, 2010 10:47am Oct 20, 2010 10:47am
Quoting DavidsJobs
I open the position manually.
Because EA will not open positions automatically. You are all true noticed.

I think that for your system's best entry is 25%.
That's not my system...I just try to make it better.

I have just open a new order manualy,but can someone say how to configure the EA to open a new one on 50,75,100%
  • #2,813
  • Oct 20, 2010 10:52am Oct 20, 2010 10:52am
I understand that an EA is not possible to use if one wants to follow Spieler's system as he explained here. Big period of decorrelation (ie big trend) is where discretion is involved and there's the need to 'work' the position to take partial profit when retraces will happen.
  • #2,814
  • Oct 20, 2010 11:31am Oct 20, 2010 11:31am
Quoting skyline
I understand that an EA is not possible to use if one wants to follow Spieler's system as he explained here. Big period of decorrelation (ie big trend) is where discretion is involved and there's the need to 'work' the position to take partial profit when retraces will happen.

Thanks!
It may be possible if we open 4 EUR/CHF charts and we set the EA setting 1st level for the first at 25%,for the second chart at 50% and so...
  • #2,815
  • Oct 26, 2010 1:51pm Oct 26, 2010 1:51pm
Does anybody tried this strategy for a long time? On the short term it could be profitable, but what about long-term?
  • #2,816
  • Oct 27, 2010 3:22am Oct 27, 2010 3:22am
Quoting vitali_yv
Does anybody tried this strategy for a long time? On the short term it could be profitable, but what about long-term?
hi vitali

i tried this,it is profitable but the problem is there is no stoploss and R:R ratio is under 0.5

didn't like that much
  • #2,817
  • Oct 30, 2010 10:29am Oct 30, 2010 10:29am
Quoting ecefx
hi vitali

i tried this,it is profitable but the problem is there is no stoploss and R:R ratio is under 0.5

didn't like that much

I have the same problem...
Now I try to trade EUR/USD at extremums.
If -80 buy 1lot if -120 buy 1 lot - Target Profit +80 level
If 80 sell 1 lot if 120 sell 1 lot - Target Profit -80 level
What I do is to place 4 orders at 80's and 120's and a 4 stop loss at 200pip from each level.I do that every night at 01:00 GMT
If at 01:00 the TP or SL are not hit,then I move the TP to the new 80's and 120's levels and the SL to 200 from the new 80's/120's .
Keep It Simple!

NO stop loss! or something like 200pips stop if you are a fanatic and you just dont trust your broker

It is nice for now,but I dont know about the long run...
4 days +400 pips
I will test it one more week and then I will trade it with my real account.
  • #2,818
  • Oct 30, 2010 6:48pm Oct 30, 2010 6:48pm
Quoting SkyStriker
I have the same problem...
Now I try to trade EUR/USD at extremums.
If -80 buy 1lot if -120 buy 1 lot - Target Profit +80 level
If 80 sell 1 lot if 120 sell 1 lot - Target Profit -80 level
What I do is to place 4 orders at 80's and 120's and a 4 stop loss at 200pip from each level.I do that every night at 01:00 GMT
If at 01:00 the TP or SL are not hit,then I move the TP to the new 80's and 120's levels and the SL to 200 from the new 80's/120's .
Keep It Simple!
SkyStriker,

Could you show us on a chart what you mean by "If -80 buy 1lot if -120 buy 1 lot - Target Profit +80 level
If 80 sell 1 lot if 120 sell 1 lot - Target Profit -80 level"?

Is the -80 and the 80 levels, 80 pips from the opening price?

thanks.

Bruce
  • #2,819
  • Nov 1, 2010 9:25am Nov 1, 2010 9:25am
Quoting brucech
SkyStriker,

Could you show us on a chart what you mean by "If -80 buy 1lot if -120 buy 1 lot - Target Profit +80 level
If 80 sell 1 lot if 120 sell 1 lot - Target Profit -80 level"?

Is the -80 and the 80 levels, 80 pips from the opening price?

thanks.

Bruce
Take a look at the pending orders at the bottom of the pic
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 101 KB
  • #2,820
  • Nov 8, 2010 5:49pm Nov 8, 2010 5:49pm
Quoting SkyStriker
I have the same problem...
Now I try to trade EUR/USD at extremums.
If -80 buy 1lot if -120 buy 1 lot...

How is your testing going? Is it proving to be continuously profitable?

Bruce
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