System to hedge every major dollar pair for profit / low DD | Page 9 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Any tools to know what 1 pip is for every currency pair? 1 reply

Price info indicator needed - one pair's price x another pair 5 replies

Multi-pair trading or Few-Pair Trading. [poll] 15 replies

Trading 9 pair every day 143 replies

How nearly EVERY pair gap downward?! 8 replies

Attachments: System to hedge every major dollar pair for profit / low DD
Exit Attachments

System to hedge every major dollar pair for profit / low DD

  • #161
  • Edited 3:04pm May 22, 2012 2:52pm | Edited 3:04pm
Thanks a lot Steve for your guidance I know you've been using it a lot longer than myself. You're right, by everyone posting their findings we get closer to solving the puzzle.

Logically it seems like taking trades right at the mean is really just a coin toss. Arb-o-mat suggests ratios and directions that have been reverting to the mean "lately"

Makese sense.. so seems like we have to be sure to know the direction of the mean break then. Otherwise it is a random trade direction..

edit: For me after looking at these R based tick charts for a few months it was easy to tell the mean would not hold up. Maybe this is some kind of irrelevent technical analysis, but if it makes money consistently don't care what it's called.

Quoting stevegee58
I figure the job of the thread is to tease apart the elements that actually have the edge (if there is any). After all, even losing systems still have winning trades due to luck.

Logically it seems like taking trades right at the mean is really just a coin toss. Arb-o-mat suggests ratios and directions that have been reverting to the mean "lately".
Skype: heliosphan187
  • #162
  • May 22, 2012 3:11pm May 22, 2012 3:11pm
Yes, please everyone refer to Steve's explanation on when to reverse the signals. My apologies I was merely stating the information I could recall, we all are learning about it.

Quoting xlitang
Oh My God.
Skype: heliosphan187
  • #163
  • May 22, 2012 3:28pm May 22, 2012 3:28pm
Attached Image (click to enlarge)
Click to Enlarge Name: ov2.jpg Size: 116 KB


Look at the huge movement then retracement on gold during that last move on the euro pound usd hedge
Skype: heliosphan187
  • #164
  • May 22, 2012 3:33pm May 22, 2012 3:33pm
Quoting stevegee58
As someone pointed out earlier it sure looks like you trade the lot directions indicated by arb-o-mat when price is below the mean and the opposite when above.

You can think of it like overbought/oversold. If it's oversold you buy the basket (i.e. take the straight arb-o-mat lot size direction) and if it's overbought, you short it (reverse the arb-o-mat lot size signs).
So have we concluded that this is correct?
  • #165
  • May 22, 2012 3:37pm May 22, 2012 3:37pm
Here my last Entry before I go sleep . I think with great Potential
Timeframe 1H ->> Target Spread 0.00
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSD.jpg Size: 63 KB
  • #166
  • May 22, 2012 3:57pm May 22, 2012 3:57pm
Instead of trying to reinvent the wheel so to speak, why not just fork mediators ea code to do the co-integrated trades for you? his ea actually worked quite well except for the problem of trying to do too much (ie, hundreds of trades at once) and exiting bad pairings too late which would bring the baskets into deep DD. His ea constantly created new, dynamic pairings based on available currencies from the broker. It should be quite possible to limit the ea to small amounts of static pairings like you're trying to do, which would make it much more manageable.
  • #167
  • May 22, 2012 3:59pm May 22, 2012 3:59pm
Yes this should work.
Quoting Icemaan
Here my last Entry before I go sleep . I think with great Potential
Timeframe 1H ->> Target Spread 0.00
Skype: heliosphan187
  • #168
  • May 22, 2012 4:00pm May 22, 2012 4:00pm
Why cannot you take the values from the ARB Indicator - surely that is simple and easier as you just want the values from the indicator?
  • #169
  • May 22, 2012 4:02pm May 22, 2012 4:02pm
Sure, I want to start using the EA.. The only problem is that with the functionality there may also be bugs of course. I'll try to get it running tonight. Anyone with mql skills please have a look at that thread.

Quoting Blahn
Instead of trying to reinvent the wheel so to speak, why not just fork mediators ea code to do the co-integrated trades for you? his ea actually worked quite well except for the problem of trying to do too much (ie, hundreds of trades at once) and exiting bad pairings too late which would bring the baskets into deep DD. His ea constantly created new, dynamic pairings based on available currencies from the broker. It should be quite possible to limit the ea to small amounts of static pairings like you're trying to do, which would make it much more...
Skype: heliosphan187
  • #170
  • May 22, 2012 4:09pm May 22, 2012 4:09pm
Quoting Dirtybrown
Sure, I want to start using the EA.. The only problem is that with the functionality there may also be bugs of course. I'll try to get it running tonight. Anyone with mql skills please have a look at that thread.
If you run into zero divide errors make sure you right click your market watch and select show all. then let mt4 populate for a while. it needs history for every pair in market watch to work correctly, after which it will constantly find the best co-integration for every pair combination and trigger trades based on the deviation levels you supply. the zero divide error drove us nuts for a while..
  • #171
  • May 22, 2012 4:11pm May 22, 2012 4:11pm
you mean the arbomat EA?

Quoting guess121
Why cannot you take the values from the ARB Indicator - surely that is simple and easier as you just want the values from the indicator?
Skype: heliosphan187
  • #172
  • May 22, 2012 4:31pm May 22, 2012 4:31pm
Yep.. you can the EA to return a value?

Quoting Dirtybrown
you mean the arbomat EA?
  • #173
  • May 22, 2012 4:36pm May 22, 2012 4:36pm
Sure, the arbomat EA itself can simply be altered to use the data to make trades. Just need to understand how to set the trade logic.

I think the thread should look at different ways. Both a simple EA that someone can code up and also the other written by Moderator.

Quoting guess121
Yep..
Skype: heliosphan187
  • #174
  • May 22, 2012 4:38pm May 22, 2012 4:38pm
Sorry, I can't seem to find where to make the R Graphics window lines horizontal, I know you said the trend option was on, but can't seem to find it to turn it off?
  • #175
  • May 22, 2012 4:41pm May 22, 2012 4:41pm
its the "trend" settings of the EA properties turn it off.

Quoting ohammond
Sorry, I can't seem to find where to make the R Graphics window lines horizontal, I know you said the trend option was on, but can't seem to find it to turn it off?
Skype: heliosphan187
  • #176
  • May 22, 2012 4:42pm May 22, 2012 4:42pm
I can write basic EA's and understand little coding, but not too major, the EA can you used as a function to return the values that can be placed into another EA (one that take the trades, don't hold me on this... but someone might be able to confirm this, but I need to have a look at the code, but I think it is possible, as the EA to take the trade would be simple, just execute trades based on the threshold values)

Though the only issue I have with this... I am not trying to ruin the thread... but this has all been tried and tested before and I think eventually the DD will kill you.

Steveharpwod
Quoting Dirtybrown
Sure, the arbomat EA itself can simply be altered to use the data to make trades. Just need to understand how to set the trade logic.

I think the thread should look at different ways. Both a simple EA that someone can code up and also the other written by Moderator.
  • #177
  • May 22, 2012 4:51pm May 22, 2012 4:51pm
Quoting Dirtybrown
its the "trend" settings of the EA properties turn it off.
no such setting "trend" in the EA.
Follow me to the Promised Land
  • #178
  • May 22, 2012 4:52pm May 22, 2012 4:52pm
The only setting that made any difference was the "diff" setting, if I turn that to false the lines are horizontal but the lot sizes are different also.
  • #179
  • May 22, 2012 4:52pm May 22, 2012 4:52pm
Quoting guess121
I can write basic EA's and understand little coding, but not too major, the EA can you used as a function to return the values that can be placed into another EA (one that take the trades, don't hold me on this... but someone might be able to confirm this, but I need to have a look at the code, but I think it is possible, as the EA to take the trade would be simple, just execute trades based on the threshold values)

Though the only issue I have with this... I am not trying to ruin the thread... but this has all been tried and tested before and...
the spread value is already printed by EA on the chart. Can we figure out where it come from? We can base the trading logic on the spread.
Follow me to the Promised Land
  • #180
  • May 22, 2012 4:53pm May 22, 2012 4:53pm
Well maybe one of the biggest things to make sure of before entering a trade is that the pairs are cointegrated. Such a test is not done with the code 7bit provided, but no reason the example I posted couldn't be adapted to work with arbomat. I haven't read the whole Moderator thread, but in my mind if the pairs are cointegrated 200 miliseconds before a trade is taken, it should show mean reversion properties at some point.

We'll see how people deal with drawdown, I can't speak to it so far.

Quoting guess121
I can write basic EA's and understand little coding, but not too major, the EA can you used as a function to return the values that can be placed into another EA (one that take the trades, don't hold me on this... but someone might be able to confirm this, but I need to have a look at the code, but I think it is possible, as the EA to take the trade would be simple, just execute trades based on the threshold values)

Though the only issue I have with this... I am not trying to ruin the thread... but this has all been tried and tested before and...
Skype: heliosphan187
0 traders viewing now