Here is a version with CashStopLoss input: trades will close when DD reaches this amount of cash;
(CashStopLoss is >=0, however the EA displays the maxDD as a negative value).
Caution: the SL cash amount includes the cost of opening the trades (as soon as you open the trades, you are instantly in DD of the cost of the trades).
However it does NOT count the cost of closing.
So you should have this in mind when setting the CashStopLoss amount.
Sq
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I would like to thank you and all the contributors to this fantastic thread. I have been interested in correlation trading for quite a while.
I have spent the past few days reading this entire thread and have learned quite a lot.
I have been trading with correlation for about 6 months with pretty good results. I was trading only one "triple", the AUDUSD / EURUSD on the 15 minute time frame. I traded both ways, but I preferred when I was Long the AU to pick up the Overnight Interest.
I love the method described here, it is very simple and "Logical". I have been demo trading it for several days now with great success.
All using the EA on 5 min charts, with 80/20 settings.
I have your EA running on 15 charts which is essentially all the "triples".
One problem I came across this morning that led to a couple of losing trades (not listed above because they were my error) was that I left the EA running on a chart that was not currently correlated. So this lead me to ask this .....
Can the EA be modified so that it monitors the current Correlation Value, and then it would only trade if it is correlated above say 75% ??
I would like to thank you and all the contributors to this fantastic thread. I have been interested in correlation trading for quite a while.
I have spent the past few days reading this entire thread and have learned quite a lot.
I have been trading with correlation for about 6 months with pretty good results. I was trading only one "triple", the AUDUSD / EURUSD on the 15 minute time frame. I traded both ways, but I preferred when I was Long the AU to pick up the Overnight Interest.
I love the method described here, it is very simple and...
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hi Doji,
Do you mind posting screen capture of the EA setting 'Stoch Diff 2 Pair EASq' from top to bottom that you are using, I'd bet instead of what works for me and the others, lets look at what working in general and your example would be a good one since you have a good winning trade using this correlation strategies..
Do you mind posting screen capture of the EA setting 'Stoch Diff 2 Pair EASq' from top to bottom that you are using, I'd bet instead of what works for me and the others, lets look at what working in general and your example would be a good one since you have a good winning trade using this correlation strategies..
I hope you don't mind.
Adious.....
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Anyway, I don't mind if anyone could post your EA screen capture as well. This would clear some doubts that many has.. or its just me.
Anyway, I don't mind if anyone could post your EA screen capture as well. This would clear some doubts that many has.. or its just me.
Adious...
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What are your doubts? Have you tried to actually trade the strategy as described in this thread? If not then you really should trade on demo for a while then ask about any specific points you're not sure about
This strategy is very simple and everything is in the thread. I agree that there are a lot of versions of indicators and EA but the basics are simple. I and others have stated which ones we are using so again not sure why you are confused?
What are your doubts? Have you tried to actually trade the strategy as described in this thread? If not then you really should trade on demo for a while then ask about any specific points you're not sure about
This strategy is very simple and everything is in the thread. I agree that there are a lot of versions of indicators and EA but the basics are simple. I and others have stated which ones we are using so again not sure why you are confused?
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Hi Zr,
I've been reading this EA and using them with default settings for correlated pairs on 15TF and sometimes positive and sometimes negative results, now i would want to know if Doji is using the setting like what i have attached.. I'm just finding new flavours of settings.
Let me know if there's anything wrong with it. for your info, I've read this forum like million times and also like reading others forums for profound strategy however i think this one worked well ... just finding good tuning methods that's all.
It would be good if you could post yours setting as well that worked for you...
I've been reading this EA and using them with default settings for correlated pairs on 15TF and sometimes positive and sometimes negative results, now i would want to know if Doji is using the setting like what i have attached.. I'm just finding new flavours of settings.
Let me know if there's anything wrong with it. for your info, I've read this forum like million times and also like reading others forums for profound strategy however i think this one worked well ... just finding good tuning methods that's all.
It would be...
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I'm using SQ's first version so it is slightly different. Yours seem OK although I use 85/10 on 5min and happy with the results. But as I said before there is no completely set-and-forget EA. It needs monitoring and interference at times.
I know we aren't supposed to post on this EA here but I wanted to share some results and I don't have posting privileges with Steve.
I ran the EA yesterday on a 5M time frame using an 80 entry and a 40 exit. The EA had some wins but losses outweighed them and it slowly lost equity through the day.
This morning after reading some additional posts here I changed it to a 30 minute time frame and used 80 entry and 50 exit. The EA has had 4 straight winners for around 90 pips. I'll keep testing. I have closed a couple of the trades early when they...
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Hi Mcforex,
How's your testing with the GH EA? When you change the EA to 30min, is that mean you put the EA on a 30min. chart, and change the StochTimeFrame to 30min, instead of 5?
