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Basket 14 EA System

  • #1,561
  • Nov 2, 2010 10:54am Nov 2, 2010 10:54am
I don't know if I am imagining things but it seems to me like the EA closes the trades at random when the profit is in the positive. I just manually calculated the profits if the last three trades and it is not even close to the 0.8% that I specified.

Can it be that the market moves that fast while the orders are closing ?
  • #1,562
  • Nov 2, 2010 10:59am Nov 2, 2010 10:59am
I don't understand your question.

There's nothing random about what the EA does.

There's randomness in the market action, of course.

Do you expect the EA to somehow control the movement in exchange rates during the time it's closing the trades?
Open to new approaches.
  • #1,563
  • Nov 2, 2010 11:04am Nov 2, 2010 11:04am
Quoting MetaCoder
I don't understand your question.

There's nothing random about what the EA does.

There's randomness in the market action, of course.

Do you expect the EA to somehow control the movement in exchange rates during the time it's closing the trades?
Nope I don't that is what I'm asking if everyone is experiencing this.
  • #1,564
  • Nov 2, 2010 11:04am Nov 2, 2010 11:04am
Quoting MetaCoder
I feel strongly that everyone has to make this determination for h(er/im)self.

Frazer's reports are superb, you can learn much from reading them.

Another thing is to try your hardest to read the EA code, and understand the package of tactics they implement.

Nothing beats doing your own testing. Frazer is a role model for how to test these EAs.
Okay. Thanks MC. I understand. Now testing 02a.
  • #1,565
  • Nov 2, 2010 11:12am Nov 2, 2010 11:12am
Quoting Saidar
Nope I don't that is what I'm asking if everyone is experiencing this.
If you'll read the thread you'll see several posts where people remark on the fast moving market during closure.
Open to new approaches.
  • #1,566
  • Nov 2, 2010 11:19am Nov 2, 2010 11:19am
MC is there a certain algorithm that you used to get those synthetic hedge pairs or dit you randomly exchange two groups of 7 until they balanced out?

I want to simulate the 14 pair hedge in MT5 but MT5 does not have all the currencies so not sure which ones to use...

I did a normal balance equation but then I get non existing pairs as part of the set.
  • #1,567
  • Nov 2, 2010 11:23am Nov 2, 2010 11:23am
The 14 pairs were suggested by another trader on this forum. An analysis of why it is a pure synthetic hedge is discussed in first post of the Confirm 14 thread - http://www.forexfactory.com/showthread.php?t=251869

Is it MT5 that doesn't have all of the currency pairs, or is it the broker?

You just want to have a balanced many-pair set where the numerators and denominators are the same after cancelling common numerators and denominators.

This illustrates what I'm referring to:

http://members.cox.net/rcochran/supercurrencies.jpg

See how we are left with AUD+EUR+EUR+GBP+NZD / CHF+JPY+JPY+JPY+USD on each side?

If you can readily see the several smaller synthetic hedge combinations inside this larger synthetic hedge, you have the same level of understanding I do in this area.
Open to new approaches.
  • #1,568
  • Nov 2, 2010 11:24am Nov 2, 2010 11:24am
Quoting MetaCoder
If you'll read the thread you'll see several posts where people remark on the fast moving market during closure.
MC as always is right, I remember one Friday markets moves so fast that a profit closure was finally a 2% loss....
  • #1,569
  • Nov 2, 2010 11:26am Nov 2, 2010 11:26am
Quoting Caillou
MC as always is right, I remember one Friday markets moves so fast that a profit closure was finally a 2% loss....
The opposite can happen. Frazer recently got a margin call but ended up with an 8% gain.

It's important to use settings that DON'T let margin calls happen, and to select strategies that, while possibly very boring, do not open too many trades. We want our full closures to be as quick as possible, and fewer trades means quicker closures. This is why I like AddSix_02(a). But then people try it and notice it can take a long time to open a trade, and they get bored/frustrated, and think something is wrong. Lack of understanding and impatience is the root cause. Relentless pursuit of full understanding and patience are the cure.
Open to new approaches.
  • #1,570
  • Nov 2, 2010 11:28am Nov 2, 2010 11:28am
Quoting MetaCoder
The 14 pairs were suggested by another trader on this forum. An analysis of why it is a pure synthetic hedge is discussed in first post of the Confirm 14 thread - http://www.forexfactory.com/showthread.php?t=251869

Is it MT5 that doesn't have all of the currency pairs, or is it the broker?

You just want to have a balanced many-pair set where the numerators and denominators are the same after cancelling common numerators and denominators.

This illustrates what I'm referring to:

http://members.cox.net/rcochran/supercurrencies.jpg...
I understand how it works, it's just a mind twister to find new ones hehe, but I just used the use and eliminate approach and it is working.

Few brokers support MT5 at the moment so I'm using the normal metaquotes feed and they don't have all the NZD pairs.

I'm going to use for now the following hedge to do some tests:

EURUSD EURJPY
USDJPY AUDCHF
AUDJPY CHFJPY
  • #1,571
  • Nov 2, 2010 11:42am Nov 2, 2010 11:42am
Quoting MetaCoder
Frazer, I like the stability of 02a a lot.
Yep, 02a and 03 seem to be the ones to use. I think with the 0.25 PP I may find that they do not get into the many-trade/high DD/Low Margin situations as often.
Frazer
  • #1,572
  • Nov 2, 2010 11:47am Nov 2, 2010 11:47am
Agreed, the smaller profit targets look beneficial.
Open to new approaches.
  • #1,573
  • Nov 2, 2010 12:22pm Nov 2, 2010 12:22pm
you mean 03b?
fred
Quoting frazerd
Yep, 02a and 03 seem to be the ones to use. I think with the 0.25 PP I may find that they do not get into the many-trade/high DD/Low Margin situations as often.
  • #1,574
  • Nov 2, 2010 12:29pm Nov 2, 2010 12:29pm
Quoting fredgold3434
you mean 03b?
fred
Nope I think he means what he said - 03.
Open to new approaches.
  • #1,575
  • Nov 2, 2010 12:56pm Nov 2, 2010 12:56pm
Quoting MetaCoder
Nope I think he means what he said - 03.
Yes, 03, but we are still in the early stages of testing these EAs - that could change with time. I have just changed all my demos to 0.25 PP and as that change begins to take effect it could change my thinking.
Frazer
  • #1,576
  • Nov 2, 2010 2:06pm Nov 2, 2010 2:06pm
Frazer, the results for 03 looked better than 03a or 03b even before your ProfitPct adjustment.
Open to new approaches.
  • #1,577
  • Nov 2, 2010 2:23pm Nov 2, 2010 2:23pm
I am new to this form of trading. I have spent time reading through this thread from beginning to end.

I have tried not to ask what I perceive to be stupid questions, but to research the answers myself. It is still pretty murky water out there but its a lot clearer than mud.

Instant millionaires are not going to be manufactured through this system but I believe the returns will be far more substantial than the banks. A lot of guys who understand both coding and basket trading to a far greater degree than I have spent a lot of time and effort in developing codes and talking on this thread. Thanks for that.

To all the winge-ing greedy B$£%&*D's out there who don't want to do anything except have life offered on a plate with no input, I think you need to get a life and start researching a few simple answers for yourselves. LEARN TO TYPE "GOOGLE" YOU CAN GET A LOT OF ANSWERS FOR YOURSELVES.

To all the hard working traders and coders this is great. Keep up the good work guys. When I think I have something constructive I will call.

Cheers
  • #1,578
  • Nov 2, 2010 2:36pm Nov 2, 2010 2:36pm
pipssqueak, thanks!
Open to new approaches.
  • #1,579
  • Nov 2, 2010 3:40pm Nov 2, 2010 3:40pm
Quoting Edd Ganuelas
Have you guys considering hedging/recovery in case a pair get into DD?
Have not tried reading the thread?

Hedging is built into the EAs.
Open to new approaches.
  • #1,580
  • Nov 2, 2010 4:10pm Nov 2, 2010 4:10pm
hello ,MC and frazerd,

pure chance has led me to this setting-
as I have showed many times do I combine the ap-
the picture you see what I use -
here the setting:

First ea : Phantom_AddSix_02 Setup 01-025-
is :MaxMarginToUse 0.1
PofitPc:0.25 !!!
Mgixnumber:777112

Second ea: Phantom_AddSix_02 Setup 01-025
MaxMarginToUse 0.1
PofitPc:0.5 !!
Mgixnumber:777111

both turn on simultaneously ea
ea by each working alone -
but ea always includes all positions in common-
best you try it yourself -
best regards
vienna
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