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Hedge and Correlation Strategy

  • #2,461
  • Feb 8, 2011 11:23am Feb 8, 2011 11:23am
Here is a snap of my chart

It is an offline chart for trading the basket
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 41 KB
  • #2,462
  • Feb 8, 2011 11:38am Feb 8, 2011 11:38am
For what its worth here are a list of alerts today for Trigger at > 95

the ones before 6.57 GMT this morning also include triggers > 90
I log it each day , but after getting too many triggers at 90 I moved it to 95

Shows you how often you get a trade at 95 in a day

All the pairs you see I traded and have the same results as all of you
Attached File(s)
File Type: csv corr.csv   4 KB | 737 downloads
  • #2,463
  • Feb 8, 2011 11:40am Feb 8, 2011 11:40am
Quoting peterporter
For what its worth here are a list of alerts today for Trigger at > 95

the ones before 6.57 GMT this morning also include triggers > 90
I log it each day , but after getting too many triggers at 90 I moved it to 95

Shows you how often you get a trade at 95 in a day

All the pairs you see I traded and have the same results as all of you
Very useful. Thank you.

How do you log these?
  • #2,464
  • Feb 8, 2011 11:46am Feb 8, 2011 11:46am
Quoting peterporter
For what its worth here are a list of alerts today for Trigger at > 95

the ones before 6.57 GMT this morning also include triggers > 90
I log it each day , but after getting too many triggers at 90 I moved it to 95

Shows you how often you get a trade at 95 in a day

All the pairs you see I traded and have the same results as all of you
Good info. It is better to enter at 95.
Intraday only.
  • #2,465
  • Feb 8, 2011 11:49am Feb 8, 2011 11:49am
Quoting navk
Cailou : I am planning to avoid trading quad pairs in the futue as these pairs get into huge DD at times.
Thank you Navk, with UseScottFilter, right?
  • #2,466
  • Feb 8, 2011 11:53am Feb 8, 2011 11:53am
Quoting texmade1
Here is a snap of my chart

It is an offline chart for trading the basket
Thank you Texmade,

I know your work at T101īs thread, incredible. Your contribution will be really interesting....

Thank you
  • #2,467
  • Edited 12:13pm Feb 8, 2011 11:58am | Edited 12:13pm
Quoting texmade1
Here is a snap of my chart

It is an offline chart for trading the basket
Some nice colours there Can i have 1800 pips a week aswell please

I also logged my worst case DD today which was 314 Dollars at trigger 95
Make sure you log it to your global Varibles else when you turn off the PC you lose it
  • #2,468
  • Feb 8, 2011 12:01pm Feb 8, 2011 12:01pm
Quoting Caillou
Thank you Navk, with UseScottFilter, right?
With Going home EA yes, that way. But with Squalou has posted an EA and there you can choose whatever pairs you want. You need to open individual charts for each pair set though.

Performance wise both EA s same performance in my opinion.
Intraday only.
  • #2,469
  • Feb 8, 2011 12:17pm Feb 8, 2011 12:17pm
Quoting navk
With Going home EA yes, that way. But with Squalou has posted an EA and there you can choose whatever pairs you want. You need to open individual charts for each pair set though.

Performance wise both EA s same performance in my opinion.
As Squalou suggested a few posts before, if we want to trade multiple pairs, I think itīs easier to use Going Home EA....
  • #2,470
  • Feb 8, 2011 12:28pm Feb 8, 2011 12:28pm
Quoting Caillou
As Squalou suggested a few posts before, if we want to trade multiple pairs, I think itīs easier to use Going Home EA....
Toda's performance since asian open :

Going home : 105 pips profit and present DD 170 PIPS.
Squalou EA : 145 Pips profit and present DD 164 PIPS

Testing both and will enable scott filter in Going home while i choose right pairs in squalou ea for not trading quad pairs. Let us see.

At the moment both seem to be good and entry will be hereafter at 95 % and exit at 5 % or exit by pips whichever is hit faster.
Intraday only.
  • #2,471
  • Feb 8, 2011 12:29pm Feb 8, 2011 12:29pm
Quoting navk
With Going home EA yes, that way. But with Squalou has posted an EA and there you can choose whatever pairs you want. You need to open individual charts for each pair set though.

Performance wise both EA s same performance in my opinion.
How do you set Going home EA? Settings SendPairTrade and UseScottHedgeFilter to true still allow to send to trade the first pair of quad as far as I tested..
  • #2,472
  • Edited 12:55pm Feb 8, 2011 12:35pm | Edited 12:55pm
Quoting peje
How do you set Going home EA? Settings SendPairTrade and UseScottHedgeFilter to true still allow to send to trade the first pair of quad as far as I tested..
I think Steves rewritten the logic now to just choose triples (and not just send one leg) , when you use ScottHedgefilter He can confirm
When did you last test it ?

haha LOL I just realized I had accidentlly removed the chart with the GH EA on and if it had been on I would have closed at 20 and in loss
Because of that I gained 41 pips (closing at zero)
Little trick , if things are going bad just delete the EA
  • #2,473
  • Feb 8, 2011 12:57pm Feb 8, 2011 12:57pm
Quoting peterporter
I think Steves rewritten the logic now to just choose triples (and not just send one leg) , when you use ScottHedgefilter He can confirm
When did you last test it ?

haha LOL I just realized I had accidentlly removed the chart with the GH EA on and if it had been on I would have closed at 20 and in loss
Because of that I gained 41 pips
Little trick , if things are going bad just delete the EA

Well, I have just downloaded the new version so let see with the settings mentioned before...
  • #2,474
  • Feb 8, 2011 1:11pm Feb 8, 2011 1:11pm
Quoting peterporter
For what its worth here are a list of alerts today for Trigger at > 95

the ones before 6.57 GMT this morning also include triggers > 90
I log it each day , but after getting too many triggers at 90 I moved it to 95

Shows you how often you get a trade at 95 in a day

All the pairs you see I traded and have the same results as all of you
Hi Peter

Do you log these events automatically? Thank you in advance.
  • #2,475
  • Feb 8, 2011 1:40pm Feb 8, 2011 1:40pm
Quoting Zr-fx
Hi Peter

Do you log these events automatically? Thank you in advance.
Yes I just changed the Table of correlations
When it alerts , I just write to a CSV file aswell

int h1;
h1 = FileOpen("Corr.csv", FILE_CSV | FILE_WRITE | FILE_READ, ',');
FileSeek(h1, 0, SEEK_END);
FileWrite(h1,pc[i],TimeToStr(TimeCurrent(),TIME_DATE|TIME_SECONDS),"M5");
FileClose(h1);

I dont want to post the changed prog cos it just causes confusion as we have found out already
  • #2,476
  • Feb 8, 2011 1:46pm Feb 8, 2011 1:46pm
Quoting texmade1
Do you guys/girls trade multiple currencies?

Averaged 360 pips a day last week.
What pairs and what settings do you use, texmade1?
  • #2,477
  • Feb 8, 2011 2:09pm Feb 8, 2011 2:09pm
Quoting Zr-fx
Before changing the entry we should try to find out if 95% will really improve things or will it cut the number of trades dramatically.

About the current trades, seeing that EURCHF-GBPCAD stoch diff was dropping quickly there was still a big DD on the set, I dropped the exit to 10%....
Right, finally EURCHF-GBPJPY closed with -81.8 pips loss. As I thought, as they went back into synch and started moving in the same direction (up) the Stoch Diff started going down till it hit 10% and the trade closed at a loss of about half of last week's profits
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 170 KB
  • #2,478
  • Feb 8, 2011 2:12pm Feb 8, 2011 2:12pm
Quoting Zr-fx
Right, finally EURCHF-GBPJPY closed with -81.8 pips loss. As I thought, as they went back into synch and started moving in the same direction (up) the Stoch Diff started going down till it hit 10% and the trade closed at a loss of about half of last week's profits

Yes, the same loss for me. Maybe trading only triplets is a good filter to avoid such loss. If not, another filter is needed.....
  • #2,479
  • Feb 8, 2011 3:01pm Feb 8, 2011 3:01pm
Quoting texmade1
My DD is -$33,000.00 @ 1400% margin
...and that is normal for me on any one day...

I started my account at $10,000, and its sitting at just under +$64000.00 balance at the moment
Hmmm...since Dec 2nd lol
Thats $20,000 profit in two months

My account before that, I wrapped up to $84000.00 in three months
When I shut it down I had about 1400% margin there too.

If your trading the right Lot size- DD is not a problem

Of course I am not trading the way you do.
I'll have what he's having.
  • #2,480
  • Feb 8, 2011 3:18pm Feb 8, 2011 3:18pm
Could you put this guy http://www.forexfactory.com/nfs/cust...ar134913_1.gif texmade1 on your naughty list? It is very distracting for him to post unrelated systems and screen shots, to this method. My guess is that he attempting to build a following for some sort of nefarious reasons. Probably will turn out to be a commercial vendor.
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