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Hedge and Correlation Strategy

  • #2,861
  • Mar 2, 2011 4:45pm Mar 2, 2011 4:45pm
SQ,

I am also running the latest revised EA of yours in 5 min. While the opening of trades seem to be normal, atleast once i noticed the closing was an issue. The EA closed on trade but failed to close other trade. I closed one trade manaully after reaching the profit
Intraday only.
  • #2,862
  • Mar 2, 2011 5:33pm Mar 2, 2011 5:33pm
Quoting roundrock
i took sq ea and modified it to place another lot if the DD reaches a specified value and the sto diff is still above a specified value. so far results are good

this is how it works.

enter 0.1 lot at sto diff > 94
exit for this is either sto diff 20 or cash profit 15$
if DD of this reaches 10$, order another 0.1 lot at the current market price
exit for this add lot is either sto diff 20 or cash profit 25$

most of times i have seen a DD , even if we enter at sto 95. so adding another lot averages the cost and even if 2nd lot gives...

Hi:

New to this thread and a lot to read...
May i ask what version of EA that you are using and if you would post your set files?

Thanks,
  • #2,863
  • Mar 2, 2011 5:40pm Mar 2, 2011 5:40pm
Quoting gekid83
hi squalou, what do you think about the implementation of a correlation filter in the EA?

i've posted a link of an EA that already have it, you can get ideas from that... http://dl.dropbox.com/u/620652/post_...dgeEA_v6.6.mq4
Hi gekid83;
Is there manual or short notes as how each options in this EA to be used properly?
Thanks,
  • #2,864
  • Mar 2, 2011 8:59pm Mar 2, 2011 8:59pm
SQ,
had one more trade (EURAUD/EURUSD) with kind of same closing problem but this time ea close second pair after 10 min......
  • #2,865
  • Mar 3, 2011 1:55am Mar 3, 2011 1:55am
Hello all, 1st post on FF.
Thankyou all for this thread, great community

I have 20pairs running with latest version on EA, just from yesterday.
Just now i had the same closing trade problem.
Running on 5M, 80 , 20 settings. The trades don't close when stochastic falls under 20.
  • #2,866
  • Mar 3, 2011 2:44am Mar 3, 2011 2:44am
Havent read the whole thread Just 100 to 115 pages
Thought I try the strategy out and found euro was nearly 90% this morning 7.00 gmt bought £/$ and sold E/$ made 10 pips euro went as low as 9% so bought E/$ and sold £/$ still in trade
Thanks for the thread NB Live account 0.1 lots
  • #2,867
  • Edited 7:23am Mar 3, 2011 3:21am | Edited 7:23am
Quoting squalou
Hi,

In order to try to get around the closing errors leaving us with orphan trades, I have recoded the "close" function so that it retries indefinitely until both trades are finally closed.
It should also work if you manually (or accidentally) close one of the trades once profit is hit.

I have also taken care of the Slippage entry, which is now 4D/5D "compliant", so "Slippage" is now a true pip value:
3=3 pips; converted into 30 Points on 5D pairs;
This also works with brokerz that have some pairs on 4D and other pairs on 5D (FxPro for instance...),...
i would share like to my results with the new updated EA, its was really great, thank you squalou for the Update and this great thread. my setting
open at 80 close at 5 .



http://www.forexfactory.com/attachme...1&d=1299143666
Attached Image (click to enlarge)
Click to Enlarge Name: trades03.JPG Size: 76 KB
  • #2,868
  • Mar 3, 2011 4:06am Mar 3, 2011 4:06am
Quoting squalou
Hi,

In order to try to get around the closing errors leaving us with orphan trades, I have recoded the "close" function so that it retries indefinitely until both trades are finally closed.
It should also work if you manually (or accidentally) close one of the trades once profit is hit.

I have also taken care of the Slippage entry, which is now 4D/5D "compliant", so "Slippage" is now a true pip value:
3=3 pips; converted into 30 Points on 5D pairs;
This also works with brokerz that have some pairs on 4D and other pairs on 5D (FxPro for...

hi squalou, today with ea Stoch Diff 2 Pair EAsq.mq4
I had this error

2011.03.03 09:59:46 Stoch Diff 2 Pair EAsq GBPCHF,M5: StochDiff OP_SELL failed with error: requote

2011.03.03 09:59:36 Stoch Diff 2 Pair EAsq GBPCHF,M5: Order entered into history in 0ms


and 1 had only 1 buy for gbpjpy and not the sell for gbpchf!!
  • #2,869
  • Mar 3, 2011 4:10am Mar 3, 2011 4:10am
Quoting squalou
Hi,

In order to try to get around the closing errors leaving us with orphan trades, I have recoded the "close" function so that it retries indefinitely until both trades are finally closed.
It should also work if you manually (or accidentally) close one of the trades once profit is hit.

I have also taken care of the Slippage entry, which is now 4D/5D "compliant", so "Slippage" is now a true pip value:
3=3 pips; converted into 30 Points on 5D pairs;
This also works with brokerz that have some pairs on 4D and other pairs on 5D (FxPro for...

the problem is also for entry !

I had un buy for gbpjpy and not 1 sell for gbpchf for requote !

thank you
  • #2,870
  • Mar 3, 2011 4:15am Mar 3, 2011 4:15am
Just closed my 2nd trade for approx 35 pips profit
Two trades this mornig profit approx 45 pips
  • #2,871
  • Edited 6:32am Mar 3, 2011 5:40am | Edited 6:32am
Quoting raylin
just closed my 2nd trade for approx 35 pips profit
two trades this mornig profit approx 45 pips
buddy which TIME FRAME , entry and exit critiria are you using ?

Thank you
  • #2,872
  • Mar 3, 2011 6:39am Mar 3, 2011 6:39am
Hi squalou,

Many thanks for this fantastic EA, but it seems still leaves orphan trades!

I have the following setting:


extern bool BuySellMode = true; // true: BUY+SELL mode (for POSITIVELY CORRELATED pairs), or false: BUY+BUY / SELL+SELL mode (for NEGATIVELY CORRELATED pairs)
extern string OpenTradeStoch_notes = "--- Open Trades if stoch difference is above this number ---";
extern double OpenTradeStoch = 80;
extern bool OpenTradeAtBarOpen = false; // false can open trades at each tick; true will open trades only at bar open based on stoch of previous bar;
extern string CloseTradesStoch_notes = "--- Close Trades if stoch difference is below this number ---";
extern double CloseTradesStoch = 20;
extern bool CloseTradesAtBarOpen = false; // false can close trades at each tick; true will close trades only at bar open based on stoch of previous bar;
extern string ProfitTarget_notes = "--- Close Trades if Profit target reached ---";
extern double ProfitTarget = 20.00;
extern double CashStopLoss = 0; // SL in cash amount; will close trades when DD reaches this amount;
extern int K = 100;
extern int D = 1;
extern int S = 1;
extern int Slippage = 3;
extern double LotSize = 0.5;
extern string _RiskPerCent = "--- Risk % of Free Margin:";
extern string _RiskPerCent2= "--- 0 will use fixed LotSize input:";
extern double RiskPerCent = 0;
extern double MaxLots = 9;
extern int MagicNumber = 0; // keep 0 to auto-generate different magicnumbers based on the 2 pairs and the timeframe;
  • #2,873
  • Mar 3, 2011 6:49am Mar 3, 2011 6:49am
hi kishu0605
Using 5 minute time frame
manually entering not thro ae
  • #2,874
  • Mar 3, 2011 8:05am Mar 3, 2011 8:05am
Quoting roundrock
i took sq ea and modified it to place another lot if the DD reaches a specified value and the sto diff is still above a specified value. so far results are good

this is how it works.

enter 0.1 lot at sto diff > 94
exit for this is either sto diff 20 or cash profit 15$
if DD of this reaches 10$, order another 0.1 lot at the current market price
exit for this add lot is either sto diff 20 or cash profit 25$
You Rock! This is what I've been doing to get around the DD in this method manually, it works pretty well. At worst it close to even on most DD trades. Do you have this version posted somewhere?

Thanks!!!!

T
  • #2,875
  • Mar 3, 2011 9:13am Mar 3, 2011 9:13am
Quoting raylin
hi kishu0605
Using 5 minute time frame
manually entering not thro ae
i was asking about entry and exit point ? like i use 85% for entry and 10 % for exit.........
  • #2,876
  • Mar 3, 2011 9:29am Mar 3, 2011 9:29am
Guys, I also have those orphan closing issues... the latest one closed the 2nd trade 50 minutes after the 1st close !!!!!!!!
I'm looking into this... no clue yet.

In the meantime, make sure you are monitoring your trades when the Alert bell rings...

Sq
  • #2,877
  • Mar 3, 2011 9:53am Mar 3, 2011 9:53am
trade on news not good ! loss 100 pips on some pairs
  • #2,878
  • Mar 3, 2011 10:46am Mar 3, 2011 10:46am
Quoting wallstreet03
trade on news not good ! loss 100 pips on some pairs
Your entry criteria should be 90 and not 80 for most of basket pairs.

For less volatile pairs entry at 80 may be ok. If you enter at 80, you will see DD
Intraday only.
  • #2,879
  • Mar 3, 2011 11:03am Mar 3, 2011 11:03am
Quoting squalou
Guys, I also have those orphan closing issues... the latest one closed the 2nd trade 50 minutes after the 1st close !!!!!!!!
I'm looking into this... no clue yet.

In the meantime, make sure you are monitoring your trades when the Alert bell rings...

Sq
sq,

my observation is this for closure problem :

We run this EA on many chart and so the system slows down. The closure problem is not there always but at times it happens.

The EA ckecks the stoc diff every second or so and hence the system slows down. If the EA is asked to check every 5 to 10 sec, may be it should close all right. Just my thought.
Intraday only.
  • #2,880
  • Mar 3, 2011 11:24am Mar 3, 2011 11:24am
Quoting navk
Your entry criteria should be 90 and not 80 for most of basket pairs.

For less volatile pairs entry at 80 may be ok. If you enter at 80, you will see DD

problem also with 90 on the news as today !
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