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Hedge and Correlation Strategy

  • #2,921
  • Mar 6, 2011 2:00am Mar 6, 2011 2:00am
Quoting t1minator
RR have you modified the code to open the second trade on DD??
yes i did. but i cant upload it as i am still testing it and it may have some bugs
  • #2,922
  • Mar 6, 2011 2:47am Mar 6, 2011 2:47am
Quoting roundrock
yes i did. but i cant upload it as i am still testing it and it may have some bugs
Hi Roundrock

Look forward to testing your modification - it represents a very sensible addition to the basic premise which is in iteself flawless.

Are you per chance adding the mod to the latest Sq EA?
  • #2,923
  • Mar 6, 2011 4:01am Mar 6, 2011 4:01am
Quoting Nicastro
Hi Roundrock

Look forward to testing your modification - it represents a very sensible addition to the basic premise which is in iteself flawless.

Are you per chance adding the mod to the latest Sq EA?
yes, i modified the EA.

I will post after a week of testing. meanwhile u can add the 2nd lot manually, just to test how the mod works
  • #2,924
  • Mar 6, 2011 7:36am Mar 6, 2011 7:36am
Quoting Zr-fx
I agree but this would not have mattered today with EUR pairs. If you took the EURCHF-GBPAUD for example at 12:22 GMT ...
Zr-fx,

besides this was a quad, not a triple. there were mentioned some points in this thread which recommend not to trade them.

josch
trading is war - life is simple
  • #2,925
  • Mar 6, 2011 7:46am Mar 6, 2011 7:46am
Quoting Xfd
I have been testing the EA for nearly 2 weeks with decent results (and no orphan trades). I am using the version named "Stoch diff 2 pair EAsq 2011.02.16".

I am using 85/10 with a TP of 10.

....
xfd,

those are the results, we're loving all for sure. Are you using any SL to avoid larger DD?

josch
trading is war - life is simple
  • #2,926
  • Mar 6, 2011 7:54am Mar 6, 2011 7:54am
but there is a programmer that add un time filter for ea ??
  • #2,927
  • Mar 6, 2011 8:09am Mar 6, 2011 8:09am
There were some ideas to change/modify the strategy to trade with the growing correlation instead the use of the "going home" idea and close/countertrade at some point.

Not tested this, and I won't do it, I'm seeing a double risk included:

Corr pairs are crossing from time to time. And if you are going 'with the trend' and trade the growing corr, you have involved risk of narrowing AND crossing to the other side. 'Going home' avoid this. At what time you'll close the growing part of trade and go against with counter? - This seems not handy to me.

josch
trading is war - life is simple
  • #2,928
  • Mar 6, 2011 9:53am Mar 6, 2011 9:53am
Quoting josch
Zr-fx,

besides this was a quad, not a triple. there were mentioned some points in this thread which recommend not to trade them.

josch
These are higher risk and higher rewards. %80 of my profits came from quads. Some of my triplets have triggered no trades at all in over a month. I am happy to stay with them but just be careful with the news and such.
  • #2,929
  • Mar 6, 2011 10:10am Mar 6, 2011 10:10am
Quoting wallstreet03
but there is a programmer that add un time filter for ea ??
Declare these variables at the top:

Inserted Code
extern int StartHour = 9;
extern int EndHour = 18;
bool StopTrading;


Then create this method somewhere at the bottom of the EA:

Inserted Code
void CheckTime()
{
   int h=TimeHour(TimeCurrent());
   if(h>EndHour || h<StartHour)
   {
      StopTrading=true;
   }
}
Then in the start function put this:

Inserted Code
 StopTrading = false;
      CheckTime();
      
      if(StopTrading==false)
      {
         //The trading logic of the EA goes here
      }
  • #2,930
  • Mar 6, 2011 10:34am Mar 6, 2011 10:34am
can you modify this version please ??

thank youuuuu!


Quoting madscalp
Declare these variables at the top:

Inserted Code
extern int StartHour = 9;
extern int EndHour = 18;
bool StopTrading;


Then create this method somewhere at the bottom of the EA:

Inserted Code
void CheckTime()
{
   int h=TimeHour(TimeCurrent());
   if(h>EndHour || h<StartHour)
   {
      StopTrading=true;
   }
}
Then in the start function put this:

Inserted Code
 StopTrading = false;
      CheckTime();
 
      if(StopTrading==false)
      {
         //The trading logic of the EA goes here
      }
Attached File(s)
File Type: mq4 Stoch Diff 2 Pair EAsq.mq4   15 KB | 627 downloads
  • #2,931
  • Mar 6, 2011 6:58pm Mar 6, 2011 6:58pm
Quoting roundrock
yes i did. but i cant upload it as i am still testing it and it may have some bugs
Understood, Thank you for your efforts! You know you have quite a few testers ready and waiting here on the site

T
  • #2,932
  • Mar 7, 2011 2:18am Mar 7, 2011 2:18am
Hi wallstreet03
Try this one:
Attached File(s)
File Type: mq4 Stoch Diff 2 Pair EAsq-Time Filter.mq4   15 KB | 809 downloads
  • #2,933
  • Mar 7, 2011 5:04am Mar 7, 2011 5:04am
Great job roundrock for this EA...it made two trades during london session for me with +P/L...

However, it seems to be an error in comment printout regarding Combined P/L in the upper left section of the chart! It shows 0....anyone showing the correct P/L?

Thanks!
Attached Image
  • #2,934
  • Mar 7, 2011 5:43am Mar 7, 2011 5:43am
Quoting fchaman
Great job roundrock for this EA...it made two trades during london session for me with +P/L...

However, it seems to be an error in comment printout regarding Combined P/L in the upper left section of the chart! It shows 0....anyone showing the correct P/L?

Thanks!
Sorry roundrock...my bad! The combined P/L shows the current P/L on any open trades, not the closed ones! The EA just made another trade:
Attached Image
  • #2,935
  • Mar 7, 2011 5:51am Mar 7, 2011 5:51am
Sorry roundrock, but I have another question: I have set the RiskPerCent to 5..so the lot size should be 0.2 on a $3000 account balance...but the EA took one Sell on EURUSD with lotsize of 0.2, and the lotsize of 0.1 for the other leg (EURAUD)! Any idea? Thanks!
  • #2,936
  • Mar 7, 2011 7:03am Mar 7, 2011 7:03am
went live on this today and am now also experiencing orphan trades (arising when TP reached) but had none during demo phase.

5 trades taken, 2 orphans, total net +5 pips.
  • #2,937
  • Mar 7, 2011 7:04am Mar 7, 2011 7:04am
I have added a correlation filter to the EA. You can change the treshold with "EnterAboveCorr=".

My changes are based on the version "Stoch Diff 2 Pair EAsq 2011.03.01".

I have not tested the EA! Please test before using live!

gary

Quoting DojiMojo
Yes, I agree. I think incorporating the correlation value into the EA would be fantastic. Currently I have to manually turn on/off the EA each time the correlation value goes above/below the limit. I have gotten into several bad trades overnight when the correlation value dropped below the limit but the EA still took the trade.

If the values from the "Tradable Correlations 1.8" indicator could be used that would be great. If I was a better coder, I would give it a shot.....
Attached File(s)
File Type: mq4 Stoch Diff 2 Pair EAsq 2011.03.07.mq4   24 KB | 1,074 downloads
  • #2,938
  • Mar 7, 2011 7:58am Mar 7, 2011 7:58am
Quoting Xfd
went live on this today and am now also experiencing orphan trades (arising when TP reached) but had none during demo phase.

5 trades taken, 2 orphans, total net +5 pips.
Which EA you used?
  • #2,939
  • Mar 7, 2011 8:07am Mar 7, 2011 8:07am
Quoting fchaman
Which EA you used?
Stoch diff 2 pair EAsq 2011.03.01
  • #2,940
  • Edited 10:59am Mar 7, 2011 9:36am | Edited 10:59am
great but full closing is not complete!!

Minus corr is 0???
Minus corr is need^^

if open position exist ...corr is 0 display???/////


Quoting gms
I have added a correlation filter to the EA. You can change the treshold with "EnterAboveCorr=".

My changes are based on the version "Stoch Diff 2 Pair EAsq 2011.03.01".

I have not tested the EA! Please test before using live!

gary
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 26 KB
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