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Hedge and Correlation Strategy

  • #3,601
  • Jan 17, 2012 11:21am Jan 17, 2012 11:21am
Quoting Pierre
You can change the lot editing the mq4 file
hi can you show me where I can change the LOt pls! = )
  • #3,602
  • Jan 17, 2012 11:26am Jan 17, 2012 11:26am
Inserted Code
double Lots(){
   return(0.01);

Change 0.01 to your needs.
" The fool who never traded Demo "
  • #3,603
  • Jan 17, 2012 11:30am Jan 17, 2012 11:30am
Quoting leandar_
i am using correlation pairs but other EA and strategy

check myfxbook status

http://www.myfxbook.com/widget?id=22...pe=2&color=red
Hi GUYS I just wana ask whats the biggest pip drawdown you experience on this EA before it goes positive or closed in negative? anyone???
  • #3,604
  • Jan 17, 2012 11:31am Jan 17, 2012 11:31am
ronaldoaf thanks so much for EA, it was the perfect complement of my system.
  • #3,605
  • Jan 17, 2012 11:31am Jan 17, 2012 11:31am
Quoting AmareX
Inserted Code
double Lots(){
   return(0.01);

Change 0.01 to your needs.
thnx for the quick reply
  • #3,606
  • Jan 17, 2012 1:05pm Jan 17, 2012 1:05pm
Quoting fxpunk2011
Hi GUYS I just wana ask whats the biggest pip drawdown you experience on this EA before it goes positive or closed in negative? anyone???
close in negative
  • #3,607
  • Jan 17, 2012 5:43pm Jan 17, 2012 5:43pm
Quoting fxpunk2011
Hi GUYS I just wana ask whats the biggest pip drawdown you experience on this EA before it goes positive or closed in negative? anyone???
closed manually in negative, cause that draw down was from yesterday's profit my daily target was 1% only.
--------------------
  • #3,608
  • Edited 7:32pm Jan 17, 2012 7:18pm | Edited 7:32pm
Quoting Simihouse
Dear Ronaldo, your EA is a clockwork...: 37 net pips friday in a turbulent market and 47 today in flat... with virtually no drawdown. I'm definitively in in forward test...live from today.

Thanks again
Take care you do not bet a lot. The downdraw is low, but it is too early. I appreciate your help



Quoting fxpunk2011
Ronald thnx for posting the EA I just have few question:
1st question The lot that is being use in the EA is Lot.o1 is that the deffault setting? is there anyway we can make an option to chose a lot we like? =)
2nd question is there a stoploss on this EA if things go bad do we closed all trade manually ?
3rd question how long do we have to hold the trade ? do we have to hold it until we go positive
4th question whats the biggest pip drawdown u get?
1st: I still did not put this option because it is a test I'm just concerned about the number of pips. But in the next version I'll put

2nd: The next version will have Takeprofit StopLoss and, based on the combined profit of orderns

3rd: That's right until it crosses the line from scratch

4th: (return of EURSUD) + (return of GBPUSD) = -34 pips


Today I did a histogram of returns.

HISTOGRAM....

http://www.forexfactory.com/attachme...1&d=1326849468


Quoting cfta
Hi everyone,

Awesome strategy and great thread, with plenty of smart and useful posts

Ronaldo, big thanks for sharing the EA, it seem to have huge potential. Please add the option to choose lots in order for us to figure out how to maximize profits. I would be grateful if you would tell us more about the exit rules and if there is a limit to the number of open positions.

Looking forward to your reply

I'll add your suggestions for new version.

Thanks



Quoting Blahn
Also noticed it has a tendancy to close every single open trade available, not just trades that it initiates..
This bug was fixed in current version using the following code.

Inserted Code
if(OrderMagicNumber()==MAGICNUMBER){
  switch(OrderType()) {
      case OP_BUY:  OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol() ,MODE_BID),Slippage); break;
      case OP_SELL: OrderClose(OrderTicket(),OrderLots(),MarketInfo(OrderSymbol() ,MODE_ASK),Slippage); break;
      default:      OrderDelete(OrderTicket());
   }
}



Quoting Caillou
EA has just opened 14 trades in 10 min, and I have just reached first level (1.7)....... a bit scary.........

I have stopped for now my live test......

Do the EA open a trade each time it reaches the same level different times in the same basket?

Thank you
This should not happen because, as EA is scheduled only five levels, so could only be 10 orders. Until now I have not seen more than 10 orders open at the same time.

The EA does not open new orders at the same level. Opens in a 1.7, in 2.1 open another and so on. But can open with same prices.



Quoting Caillou
Hi Josch,

Just one couple, EUR/USD GBP/USD. The "wrong" version gave me exactly the same results in my live test and Ronaldo´s demo but with the "correct" version my results are really different, for example, these 14 trades gave me -25 pips and Ronaldo´s demo was +4 pips.....

That´s why it´s extremelly important to test any EA with a live account, small but live because with such a scalping EA, execution (and believe me, at FinFX is really good) has nothing to do with a demo.

Anyway, I don´t know what is the difference between wrong...
The first version had only three levels and this has 5 levels, may be the number of open orders.







Quoting luku
Zero divide error causes code with calculation standard deviation, because StdDev can be zero.

Wrong code is:
Inserted Code
desv_2 = MathSqrt(s/(Period_-1));
Correction:
Inserted Code
desv_2 = MathSqrt(s/(Period_-1));
if(desv_2 == 0) desv_2 = 0.00001; // divide zero protection
And the same in desv_1

I wrote Indicator including automatic backtest and yet looks good. After completing it send it.
Thank you again. This was another bug that you solved. I tried to resolve this and did not find the error

....


Dear friends. Thank you all for your help


.....
Attached Image (click to enlarge)
Click to Enlarge Name: returns.png Size: 8 KB
  • #3,609
  • Edited 7:51pm Jan 17, 2012 7:30pm | Edited 7:51pm
Until Sunday I'll try to write the new version.

The AlbertoFx asked me about how to do a backtest, if I'm wrong, I think the best way is rewriting the EA in MQL5. For it is possible to backtest a multicurrency.
  • #3,610
  • Jan 17, 2012 8:49pm Jan 17, 2012 8:49pm
Quoting ronaldoaf
Until Sunday I'll try to write the new version.

The AlbertoFx asked me about how to do a backtest, if I'm wrong, I think the best way is rewriting the EA in MQL5. For it is possible to backtest a multicurrency.
Thanks a lot for your efforts Ronaldoaf. We will be waiting for the new release.
" The fool who never traded Demo "
  • #3,611
  • Jan 18, 2012 2:31am Jan 18, 2012 2:31am
ronaldoaf,

thank you for your efforts to improve this baby. Probably will grow up to a nice youngster

Ref to Caillou's 14 trades I just saw solution (script) for a MT4 bug, which I never realized myself. But, this thing is remarkable anyway.

Look at Steve Hopwood's forum: http://www.stevehopwoodforex.com/php...p?p=5733#p5733

Under some circumstances, MT4 seems to be able to increase bot-trades while downloading history.

josch
trading is war - life is simple
  • #3,612
  • Jan 18, 2012 6:45am Jan 18, 2012 6:45am
Hello,
I made ​​some improvements to the indicator
- 3 methods of measurement (StdDev, MApips a Stochastic)
- alerts lines calculate automaticly by quantile
- display the state of alert
- support MinTickCount on alert lines (sometime values jump over alert limit and back bellow)
- time and spread filtration
- simulated profit calculation on close bars
In the moment working on statistics MAF/MFE for this correlation method.

Attached Image (click to enlarge)
Click to Enlarge Name: EDiff.png Size: 16 KB

Attached File(s)
File Type: mq4 LuKu_EDiff_v12.mq4   38 KB | 1,586 downloads
  • #3,613
  • Jan 18, 2012 8:30am Jan 18, 2012 8:30am
Hello

thanks to you Ronaldoaf and AlbertoFX. I´m a new user, but i have
reading all posts and testing the templates / ea´s.

I watch in myfxbook for the results gbpusd vs eurusd. I see the average
winn are 4.95 pips, a good result for a timeframe of 5 min. My results of the 5 min timeframe the most time indentical.


Now i have question for the new template version:

- I have see in the first template version (Diff EMA 2 pairs) with the bars
and the line, it is possible, the same "style" to make? --> The magento
line and bars of the average delta?

The basic, i have see in the first template version (Diff EMA 2 pairs), is
the value 2 bigger as value 1 (more plus or less lose) --> short in the
first pair and long in the second. The same is the value 1 bigger as value
2 (more plus or less lose) --> long in the first pair and short in the
second.

For to close or open, control each closed bar. Is the setting not longer
corret, close / open.

I have watched for diffrend currency pairs, with a negativ correlation,
(exaple EURUSD vs CHFUSD) of a timeframe of 15 min or higher.

Many times are high + moves


Best regards


ps. I self have no experience with write in MQ4 / MQ5 programm.
  • #3,614
  • Jan 18, 2012 9:33am Jan 18, 2012 9:33am
Quoting luku
Hello,
I made ​​some improvements to the indicator
- 3 methods of measurement (StdDev, MApips a Stochastic)
- alerts lines calculate automaticly by quantile
- display the state of alert
- support MinTickCount on alert lines (sometime values jump over alert limit and back bellow)
- time and spread filtration
- simulated profit calculation on close bars
In the moment working on statistics MAF/MFE for this correlation method.

Attachment
Attachment
What fabulous work, really really brilliant

Please share your full EA or indicate how best to turn your model into a trading model

Thanks again for this work
  • #3,615
  • Jan 18, 2012 10:14am Jan 18, 2012 10:14am
Quoting luku
Hello,
I made ​​some improvements to the indicator
- 3 methods of measurement (StdDev, MApips a Stochastic)
- alerts lines calculate automaticly by quantile
- display the state of alert
- support MinTickCount on alert lines (sometime values jump over alert limit and back bellow)
- time and spread filtration
- simulated profit calculation on close bars
In the moment working on statistics MAF/MFE for this correlation method.

Attachment
Attachment
Excellent work. Will test it.

Thank you
  • #3,616
  • Jan 18, 2012 10:44am Jan 18, 2012 10:44am
Quoting luku
Hello,
I made ​​some improvements to the indicator
- 3 methods of measurement (StdDev, MApips a Stochastic)
- alerts lines calculate automaticly by quantile
- display the state of alert
- support MinTickCount on alert lines (sometime values jump over alert limit and back bellow)
- time and spread filtration
- simulated profit calculation on close bars
In the moment working on statistics MAF/MFE for this correlation method.

Attachment
Attachment
hi luku ,can u tell us about your strategy
  • #3,617
  • Jan 18, 2012 4:17pm Jan 18, 2012 4:17pm
Hi guys!

He tried to have someone to trade EURUSD / USDCHF?
I think it would be even better. Big profits.
  • #3,618
  • Jan 18, 2012 6:29pm Jan 18, 2012 6:29pm
I have tested this EA less then a week but i am already seeing the patterns within the market hours.
At certain market, this EA losses all the profit that during the other market hours.

If possible, can you insert the market hour limit to the next version of the EA? I have to do more forward testing, but the results look nice after restricting the time. ( tested on gomarkets)

ps. pepperstone is still going upward while gomarkets is going down. -same setting
my assumption is that it works the best on low spread brokers -i have to test more to clarify this though.

Regards,
J
  • #3,619
  • Edited 12:37am Jan 19, 2012 12:25am | Edited 12:37am
Quoting ronaldoaf
Until Sunday I'll try to write the new version.

The AlbertoFx asked me about how to do a backtest, if I'm wrong, I think the best way is rewriting the EA in MQL5. For it is possible to backtest a multicurrency.
Thnx again for sharing the EA Ronaldoaf I just got an idea is it possible to add option to the next version of the EA where in when the EA have a signal to order before it will execute the order ea will check the spread if the spread is higher than 3 then it wont trade. if less than 4 then excute the order One more thing can you also add an alarm when the EA execute an order? the reason for this is, so we can monitor the trade and make a decision if we want to hold or closed the trade
  • #3,620
  • Jan 19, 2012 12:44am Jan 19, 2012 12:44am
Quoting luku
Hello,
I made ​​some improvements to the indicator
- 3 methods of measurement (StdDev, MApips a Stochastic)
- alerts lines calculate automaticly by quantile
- display the state of alert
- support MinTickCount on alert lines (sometime values jump over alert limit and back bellow)
- time and spread filtration
- simulated profit calculation on close bars
In the moment working on statistics MAF/MFE for this correlation method.

Attachment
Attachment
Is this an EA? or INdicator u attach? IF this is an EA what indicator we use?
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