Hedge and Correlation Strategy | Page 84 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Correlation + Momentum Strategy? 6 replies

MT4 MTF Correlation table and Correlation oscillator indicators 155 replies

InsomiaFX Correlation Double Hedge EA 66 replies

Looking for EA for Correlation Strategy 6 replies

Hedge strategy (not a hedge fund) 13 replies

Attachments: Hedge and Correlation Strategy
Exit Attachments

Hedge and Correlation Strategy

  • #1,661
  • Jan 27, 2011 12:11pm Jan 27, 2011 12:11pm
I have tried in 5 min chart apart from 1 min chart.

All negatively and positively corelated pairs come to your profit target. At times, in negatively corelated pairs you have to wait. Keep an EA running to close even when you sleep.
Intraday only.
  • #1,662
  • Jan 27, 2011 7:23pm Jan 27, 2011 7:23pm
hi guys,

I tried to read this thread, but it's very very long...
So I read the last 20 pages and I'm pretty amazed of the accuraccy.

But often, i get out with no gain because of the spread (2-3 and sometimes 4 on EJ)

About the EA, It seems like it only "buy" for one pair, but not the "sell" for the other pair... Maybe I didn't configure correctly the EA.
Navk can you help me for that?

thank you for your help and let's make pips together ;p
  • #1,663
  • Jan 27, 2011 7:31pm Jan 27, 2011 7:31pm
pl take this EA, i fixed a bug on digits issue with some pairs
Attached File(s)
File Type: mq4 Stoch Diff 2 Pair.mq4   7 KB | 1,498 downloads
  • #1,664
  • Edited 8:09pm Jan 27, 2011 7:36pm | Edited 8:09pm
As requested, there is a new input that will alert and/or send an email when the difference drops and closes below a user defined value, after it has gone above the upper value. The default is 50%

Everything else is the same.
Attached File(s)
File Type: mq4 Stochastic different pairs 1.5.mq4   8 KB | 1,480 downloads
  • #1,665
  • Jan 27, 2011 7:40pm Jan 27, 2011 7:40pm
L - EU
S - UC
D > 90%
Attached Image (click to enlarge)
Click to Enlarge Name: dl.gif Size: 24 KB
  • #1,666
  • Jan 27, 2011 7:45pm Jan 27, 2011 7:45pm
+10 pip gain
Attached Image (click to enlarge)
Click to Enlarge Name: dl.gif Size: 23 KB
  • #1,667
  • Jan 27, 2011 7:54pm Jan 27, 2011 7:54pm
I'm not seeing the attachment?

Quoting smjones
As requested, there is a new input that will alert and/or send an email when the difference drops and closes below a user defined value, after it has gone above the upper value. The default is 50%

Everything else is the same.
  • #1,668
  • Jan 27, 2011 7:57pm Jan 27, 2011 7:57pm
Got it, thank you so much!

Quoting smjones
As requested, there is a new input that will alert and/or send an email when the difference drops and closes below a user defined value, after it has gone above the upper value. The default is 50%

Everything else is the same.
  • #1,669
  • Jan 27, 2011 8:02pm Jan 27, 2011 8:02pm
L - eurusd
s - usdchf
d > 70%
Attached Image (click to enlarge)
Click to Enlarge Name: dl.gif Size: 25 KB
  • #1,670
  • Jan 27, 2011 8:05pm Jan 27, 2011 8:05pm
Oh, no, he's at the negative stuff again!

Quoting Pip Chaser
L - eurusd
s - usdchf
d > 70%
  • #1,671
  • Jan 27, 2011 8:06pm Jan 27, 2011 8:06pm
Quoting Dreamliner
Got it, thank you so much!
I had a bug in this new indicator. Please down load it again as I have since fixed it.
  • #1,672
  • Jan 27, 2011 8:27pm Jan 27, 2011 8:27pm
Quoting Dreamliner
...Secondly, if you want to get more people in here testing, all you need to do is give this thread a higher star rating and it will attract more people to test with us.
Subscribed and voted 5 star. Fantastic thread, Well done all of you (in particular dreamliner and smjones). Started reading 23:00 gmt could not stop to go to bed till finished reading now 02:28 GMT. smjones is already a legend in FF. Can not wait to test the system on Monday.

Kind Regards
  • #1,673
  • Jan 27, 2011 8:39pm Jan 27, 2011 8:39pm
Quoting Dreamliner
Oh, no, he's at the negative stuff again!
DL, pl help me understand why neg corelation is dangerous for this system.

positive : eurusd, gbpusd. buy eurusd, sell gbpusd means buy eurgbp. so you are at mercy of eurgbp.

negative : eurusd, usdchf. buy eurusd, sell usdchf means buy eurchf. so you are at mercy of eurchf

in both cases you are at mercy of some pair, so what makes one more dangerous than other

in this system, we are entering when stoch diff > 80 and exiting when its < 50. most of the times we are at home and we ho away from home and comeback home.

is home different for positive corelated pairs and neg cor pairs ?

does it have anything to do with 'invert' field in the indi ?

thanks a lot in advance
  • #1,674
  • Jan 27, 2011 8:54pm Jan 27, 2011 8:54pm
Quoting Dreamliner
Oh, no, he's at the negative stuff again!
LOL...if you only knew the power of the dark side of the force (Vader's voice)

+10
Attached Image (click to enlarge)
Click to Enlarge Name: dl.gif Size: 25 KB
  • #1,675
  • Jan 27, 2011 9:30pm Jan 27, 2011 9:30pm
Pip Chaser... I got +10 pips again just then in 19 minutes... did you get the same?

I place orders at above 95% and close them at below 5%
  • #1,676
  • Jan 27, 2011 9:32pm Jan 27, 2011 9:32pm
Quoting the-game
Pip Chaser... I got +10 pips again just then in 19 minutes... did you get the same?

I place orders at above 95% and close them at below 5%

Missed that last trade...brushing my teeth.
I am really liking this indicator. Big THANK YOU to Scott!
  • #1,677
  • Jan 27, 2011 9:44pm Jan 27, 2011 9:44pm
Pip Chaser,

Are you getting on average +10 pips on every 95% diff to 5% diff move?
  • #1,678
  • Jan 27, 2011 9:48pm Jan 27, 2011 9:48pm
L - EU
S - AU
D > 60
Attached Image (click to enlarge)
Click to Enlarge Name: euau.gif Size: 27 KB
  • #1,679
  • Jan 27, 2011 10:03pm Jan 27, 2011 10:03pm
Stochastics converged -2
Attached Image (click to enlarge)
Click to Enlarge Name: euau.gif Size: 24 KB
  • #1,680
  • Jan 27, 2011 10:41pm Jan 27, 2011 10:41pm
Quoting roundrock
negative : eurusd, usdchf. buy eurusd, sell usdchf means buy eurchf. so you are at mercy of eurchf
buy eurusd and buy usdchf becomes buy eurchf and that is negative correlation.
buy eurusd and sell usdchf becomes almost equivalent to sell 2usd, buy 1eur and buy 1 chf, that is almost equivalent to buying 2 eurusd.
"Put all your efforts in becoming effortless"
15 traders viewing now