Hedge and Correlation Strategy | Page 140 | 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

  • #2,781
  • Feb 21, 2011 1:00am Feb 21, 2011 1:00am
Quoting fchaman
Hi smjones,

Keep getting this error in the Expert tab when loading Tradable Correlations indicator:

2011.02.20 23:55:29 Tradable Correlations 1.5 USDCHF,M5: ArrayCopySeries function internal error

Do you have a fix?

Many thanks.

fchaman,

the recent version of this indicator is the 1.8. look at the paperclip tool above to download.

josch
trading is war - life is simple
  • #2,782
  • Feb 21, 2011 1:29am Feb 21, 2011 1:29am
Nice system Dreamliner looks like the ea is a winner. Thanks for all who put this together looks like many helped. Question does take profit need to be imputed? First trade went above fifty target and didn't close? I closed it manually but I thought it closed profits at fifty line? Whats the best time frame I have it set to 5 min. Thanks
  • #2,783
  • Feb 21, 2011 3:30am Feb 21, 2011 3:30am
Quoting meanpips
Nice system Dreamliner looks like the ea is a winner. Thanks for all who put this together looks like many helped. Question does take profit need to be imputed? First trade went above fifty target and didn't close? I closed it manually but I thought it closed profits at fifty line? Whats the best time frame I have it set to 5 min. Thanks
meanpips,

M5 is a TF which give good results AND a good # of trades. If you are using higher TFs, # of trades will go down.

Check the settings of the EA, the default settings are Stoch 80/20, so if goes above 80, trade is opened, going below 20 trade is closed. If you want to close it at Stoch 50, you have to adapt this.

josch
trading is war - life is simple
  • #2,784
  • Feb 21, 2011 3:31am Feb 21, 2011 3:31am
Quoting josch
meanpips,

M5 is a TF which give good results AND a good # of trades. If you are using higher TFs, # of trades will go down.

Check the settings of the EA, the default settings are Stoch 80/20, so if goes above 80, trade is opened, going below 20 trade is closed. If you want to close it at Stoch 50, you have to adapt this.

josch

josh, which pairs you trade ?
  • #2,785
  • Feb 21, 2011 4:02am Feb 21, 2011 4:02am
wallstreet03

still in trial mode, I used non-special selection of 12 of all pairs, which have correlation above 80-85%. but I think, it's reasonable as mentioned before to delete pairs with high volatility. But - checking is always the best.

I had nice profits with a quad too (eurchf x gbpcad) and no loss (so far), but will eliminate quads in live trading and use only triples.

josch
trading is war - life is simple
  • #2,786
  • Feb 21, 2011 4:27am Feb 21, 2011 4:27am
Quoting josch
wallstreet03

still in trial mode, I used non-special selection of 12 of all pairs, which have correlation above 80-85%. but I think, it's reasonable as mentioned before to delete pairs with high volatility. But - checking is always the best.

I had nice profits with a quad too (eurchf x gbpcad) and no loss (so far), but will eliminate quads in live trading and use only triples.

josch
ok, triple more sure !
I see pairs with max 9 pip of spread !
and see 75% correlation last 50 days !
and delete gbpjpy , gbpchf ,
  • #2,787
  • Feb 21, 2011 5:11am Feb 21, 2011 5:11am
problem with correlation eur chf gbp cad

on d1 correlation is 85,9
, weekly is -44,4

now in m5 is -61 and h1 -2
  • #2,788
  • Feb 21, 2011 5:48am Feb 21, 2011 5:48am
So far I wasn't looking deeply for spread. But just checked, no more than max 5. What pair example you have 9?

josch
trading is war - life is simple
  • #2,789
  • Feb 21, 2011 6:13am Feb 21, 2011 6:13am
Quoting josch
fchaman,

the recent version of this indicator is the 1.8. look at the paperclip tool above to download.

josch
Thanks josch...I did find 1.8, but still getting the same error!

2011.02.21 08:56:53 Tradable Correlations 1.8 USDCHF,M5: ArrayCopySeries function internal error
  • #2,790
  • Feb 21, 2011 6:34am Feb 21, 2011 6:34am
.
Attached Image
  • #2,791
  • Feb 21, 2011 7:32am Feb 21, 2011 7:32am
Look at this post: http://www.forexfactory.com/showpost...postcount=2114

josch
trading is war - life is simple
  • #2,792
  • Edited 8:04am Feb 21, 2011 7:56am | Edited 8:04am
http://www.forexfactory.com/showpost...0&postcount=68

It is fixed now!

Just remove the symbols pairs your broker doesn't offer...I removed: AUDCHF,EUNZD,GBPAUD,GBPNZD,NZDCHF

Here is the part of the code you need to update in red:

string s[20],temp_p[676],temp_n[676],pc[676],nc[676];
double c[20][20];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
if( Digits == 5 || Digits == 3 )
digit = 10;
if (UseCloseDiff)
Diffshift = 1;

m = StringSubstr(Symbol(),6,StringLen(Symbol())-6);

s[0]="AUDCAD"+m; s[1]="AUDJPY"+m; s[2]="AUDNZD"+m; s[3]="AUDUSD"+m;
s[4]="CADJPY"+m; s[5]="CHFJPY"+m; s[6]="EURAUD"+m; s[7]="EURCAD"+m;
s[8]="EURCHF"+m; s[9]="EURGBP"+m; s[10]="EURJPY"+m; s[11]="EURUSD"+m;
s[12]="GBPCAD"+m; s[13]="GBPCHF"+m; s[14]="GBPJPY"+m; s[15]="GBPUSD"+m;
s[16]="NZDJPY"+m; s[17]="NZDUSD"+m; s[18]="USDCAD"+m; s[19]="USDCHF"+m;
s[20]="USDJPY"+m;
  • #2,793
  • Feb 21, 2011 8:04am Feb 21, 2011 8:04am
Quoting josch
Look at this post: http://www.forexfactory.com/showpost...postcount=2114

josch
I have read that post before and its not a solution. I have tried that and I have my history updated. Never mind, I clean the log every week.
  • #2,794
  • Feb 21, 2011 8:14am Feb 21, 2011 8:14am
Quoting fchaman
http://www.forexfactory.com/showpost...0&postcount=68

It is fixed now!

Just remove the symbols pairs your broker doesn't offer...I removed: AUDCHF,EUNZD,GBPAUD,GBPNZD,NZDCHF

Here is the part of the code you need to update in red:

string s[20],temp_p[676],temp_n[676],pc[676],nc[676];
double c[20][20];
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int...
Thanks! That was the solution.
  • #2,795
  • Feb 21, 2011 9:58am Feb 21, 2011 9:58am
Quoting josch
meanpips,

M5 is a TF which give good results AND a good # of trades. If you are using higher TFs, # of trades will go down.

Check the settings of the EA, the default settings are Stoch 80/20, so if goes above 80, trade is opened, going below 20 trade is closed. If you want to close it at Stoch 50, you have to adapt this.

josch
Thanks Josch,
I was using the 5 min time frame. I will check ea mine is set to 90 will change to 80/20. I noticed my platform does not have a lot of the pairs, which ones have been most successful.
  • #2,796
  • Feb 21, 2011 3:31pm Feb 21, 2011 3:31pm
Is it me, but I didn't see any viable hedge trades(+correlation pairs) for today...or did I miss it?
  • #2,797
  • Feb 21, 2011 5:57pm Feb 21, 2011 5:57pm
Quoting fchaman
Is it me, but I didn't see any viable hedge trades(+correlation pairs) for today...or did I miss it?
I took 4 sets of trades today. 3 winners and one loser. Total gain ~68 pips. As follows:


EURJPY-GBPUSD +24.5
EURCHF-GBPAUD +45.1
EURCHF-GBPCAD -18.1
EURCHF-GBPAUD +16.6
  • #2,798
  • Feb 21, 2011 6:25pm Feb 21, 2011 6:25pm
Quoting Zr-fx
I took 4 sets of trades today. 3 winners and one loser. Total gain ~68 pips. As follows:


EURJPY-GBPUSD +24.5
EURCHF-GBPAUD +45.1
EURCHF-GBPCAD -18.1
EURCHF-GBPAUD +16.6
Now, that's mighty fine trades sir...congrat!
  • #2,799
  • Feb 22, 2011 10:21am Feb 22, 2011 10:21am
Quoting Ckp
Hi DreamLiner

Ive been trading correlations for 6 months with good success and would like to share some important points that have really helped me to avoid losing trades; Time Frame and Pair Choice.
Quoting Ckp


Time Frame: ...
[/size]



Hi,
which signal do you expect in order to enter on market?
Do you use “Going Home Trading Method" strategy?

Thanks!
  • #2,800
  • Feb 22, 2011 2:09pm Feb 22, 2011 2:09pm
I've just started running the EA Going Home by Steve on a demo early today, and here is the result of open trades so far:
Attached Image (click to enlarge)
Click to Enlarge Name: goinghome.jpg Size: 114 KB
2 traders viewing now