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

Quoting donny65

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Everything ended by turning the target and begin again at a new trade.

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Quoting Dirtybrown

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Donny, here is my chart.
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Can you please let us know where you originally found the indicator? thanks

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Quoting donny65

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This is my own indicators. What if you needed to know about it?
With regard to the setting so I hope it pair1 -7 not have to explain.
Reverse 1-7 is set to 1 = -1 = BUY SELL
Lot1-8 that is setting the size of the Lots
This length is the number of candles to be displayed
Multiple the number depending on whether it is a standard or micro account with IBFX.
If you want to do every couple portrayed so just need to add functionality to the display of a pair.

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Quoting Dirtybrown

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Ok, thanks for the info. And what is "Nasobek"?

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Quoting donny65

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Multiple = Nasobek
nasobek the number depending on whether it is a standard or micro account with IBFX.

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Quoting Dirtybrown

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Ah ok, good.

Donny, of course if you have time next week for the benefit of the thread it may be helpful for you to post all of your settings and your strategy. This would help to maximize the number of users. I think you have created something very profitable here, thanks for helping us to understand it.

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Quoting donny65

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I have a problem in the code I found from arbomat would seek and transformed into the R value for the tick pairs of causing it does not work on other than the USD pairs but also it shows some errors, more vapor system requires information about the value of a tick. For example, in EURUSD 100 pips profit and EURGBP us 80 Pips loss in overall profit is 20 pips then but I have lost financially -240 USD 100 X 10 = +1000 (EURUSD) 80 X15.5 = -1240 (EURGBP).

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ACH]979831[/ATTACH]

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Quoting donny65

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I have a problem in the code I found from arbomat would seek and transformed into the R value for the tick pairs of causing it does not work on other than the USD pairs but also it shows some errors, more vapor system requires information about the value of a tick. For example, in EURUSD 100 pips profit and EURGBP us 80 Pips loss in overall profit is 20 pips then but I have lost financially -240 USD 100 X 10 = +1000 (EURUSD) 80 X15.5 = -1240 (EURGBP).

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Quoting Dirtybrown

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This is correct. I believe somewhere in the synth. code this is acknowledged by 7bit. Also why I've stayed only on USD.

Can you post the R code you think is the problem? Someone may be able to see the problem, I access several programming forums.

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   // convert the coefficients to usable hege ratios by multiplying
   // xxx/usd pairs with their quote. The results can then be
   // conveniently interpreted as multiples of needed Lots or Units.
   // also take care of the special case when fitting a spread 
   // instead a trend
   for (i=0; i<pairs; i++){
      // if we fit a spread then all pairs except this one are on the other 
      // side (negative) and this one (the regressand) is 1 by definition
      if (!trend){
         if (i == this){
            coef[i] = 1;
         }else{
            coef[i] = -coef[i];
         }
      }
      
      // convert to units
      if (StringSubstr(symb[i], 0, 3) == "USD"){ 
         coef[i] = coef[i] * iClose(symb[i], 0, 0);
      }
      
      
      // The following makes sure that if the first pair is an USD/XXX pair
      // it is normalized to 1 again and the lot sizes of the other ones 
      // instead made smaller by the same factor.
      if (!trend){
         if (StringSubstr(Symbol(), 0, 3) == "USD"){
            coef[i] = coef[i] / Close[0];
         }
      }
   }

Quoting donny65

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I do not think is a bug in R code, but the data it uses, he uses the lot size calculations only the actual price of par, but the correct price should multiply the pip value of the corresponding pairs, and this should solve everything.

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Quoting Dirtybrown

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Ok I think you are referring to this code then, I notice there is no similar thing done for non-usd pairs.
[code]
// convert the coefficients to usable hege ratios by multiplying
// xxx/usd pairs with their quote. The results can then be
// conveniently interpreted as multiples of needed Lots or Units.
// also take care of the special case when fitting a spread
// instead a trend
for (i=0; i<pairs; i++){
// if we fit a spread then all pairs except this one are on the other
// side (negative) and this one (the regressand)...

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Quoting donny65

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Yes this should be done it is necessary coef divide the corresponding pip value pairs

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Quoting Dirtybrown

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Forgive my ignorance, but what exactly do you mean by pip value? Can you please give an example? Thanks.

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Quoting Indrek

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One pip of EURUSD is 10 USD, one pip of USDJPY is 10 Yen, one pip of USDCHF is 10 CHF. This is is not taken into account with present tools. And it may be the weak point of Arbomat calculation.

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Quoting donny65

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EURUSD 1pips = 10 USD USDJPY 1 pips = 12,6 USD EURGBP 1 pips = 15,5 USD USDCHF 1 pips = 10.34 USD USDCAD 1 pips = 9.72USD USDNZD 1 pips = 13,50 USD USDAUD 1 pips = 10,08 USD

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Quoting Dirtybrown

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Got it, thanks guys

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 // convert to units
      //if (StringSubstr(symb[i], 0, 3) == "USD"){ 
      //   coef[i] = coef[i] * iClose(symb[i], 0, 0);
      }
       if (StringSubstr(symb[i]) == "EURUSD"){ 
         coef[i] = coef[i] * 10;
      }
      if (StringSubstr(symb[i]) == "USDJPY"){ 
         coef[i] = coef[i] * 12.6;
      }
      if (StringSubstr(symb[i]) == "EURGBP"){ 
         coef[i] = coef[i] * 15.5;
      }
      if (StringSubstr(symb[i]) == "USDCHF"){ 
         coef[i] = coef[i] * 9.72;
      }
      if (StringSubstr(symb[i]) == "NZDUSD"){ 
         coef[i] = coef[i] * 13.5;
      }
      if (StringSubstr(symb[i]) == "AUDUSD"){ 
         coef[i] = coef[i] * 10.8;
      }

Quoting donny65

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The MT4 is that this function
MarketInfo (competent vapor,MODE_TICKVALUE)
and nozzle types with corresponding alterations in pairs every 100 pip for example for EURGBP pair depends on the value price pip GBPUSD pair

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Quoting Dirtybrown

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hmm ok my mql is limited.

I thought something like this is what you meant?

[code]
// convert to units
//if (StringSubstr(symb[i], 0, 3) == "USD"){
// coef[i] = coef[i] * iClose(symb[i], 0, 0);
}
if (StringSubstr(symb[i]) == "EURUSD"){
coef[i] = coef[i] * 10;
}
if (StringSubstr(symb[i]) == "USDJPY"){
coef[i] = coef[i] * 12.6;
}
if (StringSubstr(symb[i]) == "EURGBP"){
coef[i] = coef[i] * 15.5;
}
if (StringSubstr(symb[i]) == "USDCHF"){...

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Quoting zznbrm

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But MODE_TICKVALUE can only give you the current value. It does not give you values for the past (for all pairs except AU, EU, GU, NU).

To create the most accurate data plots, you need to calculate the pip values for each pair at each point in time in the past.

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