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Three pairs hedging/Renko

  • #121
  • Jul 11, 2012 11:52pm Jul 11, 2012 11:52pm
does anybody still trading this strategy? or this strategy don't working anymore??
  • #122
  • Jul 12, 2012 1:18am Jul 12, 2012 1:18am
I am.
I investment paying a programmer to work with me and coded the tool to test in Jforex.

I worked some 4 months fine tuning the math and completed the EUR/USD/GBP basket with excellent results. I went real money last month in 2 accounts and everything according to tests.

No indicators, just plain math, statistics and hedging. The system trades both legs simultaneously. so it really does not matter how the market moves.

Now working in other EUR/USD/AUD basket. I seems a lot easier.

J.
.
  • #123
  • Jul 12, 2012 1:25am Jul 12, 2012 1:25am
Are you willing to post your code please?
  • #124
  • Jul 12, 2012 1:29am Jul 12, 2012 1:29am
Quoting jeuro
I am.
I investment paying a programmer to work with me and coded the tool to test in Jforex.

I worked some 4 months fine tuning the math and completed the EUR/USD/GBP basket with excellent results. I went real money last month in 2 accounts and everything according to tests.

No indicators, just plain math, statistics and hedging. The system trades both legs simultaneously. so it really does not matter how the market moves.

Now working in other EUR/USD/AUD basket. I seems a lot easier.

J.
.
Thanks for your kind answer. I see few thread in FF about hedging but they don't update anymore so it make me wonder if hedging system still working or not. Anyway by using this sytem how much DD ever happen? and if a basket get floating for long time do you will cutlloss that basket? thanks for your info.
  • #125
  • Jul 12, 2012 2:43am Jul 12, 2012 2:43am
Quoting TheMaxx
Are you to post your code please?

Absolutely NO.

I am an strategist. The code is a tool that I designed to crate multi-pairs strategies. The code itself will do nothing for anybody not knowing the principles of the strategy.

Plus I decide to use to capitalize myself by offering the system to a few investors or traders for a fee. But the code will never depart my my PC or Vps... and will never be passed around.

Imagine... I did not pass the mt4 code before... and that is why I stop posting in here as people got very ugly when I didn't ... and now, that I have invested money and time to test my theory in jforex, and I know that it works... I would be insane if I do now.


J.
.
  • #126
  • Jul 12, 2012 3:00am Jul 12, 2012 3:00am
i dony think anyone is willing to share his/her holy grail,neither me!

But JEURO, u know why people get ugly:

This is a public forum for strategies no hide & seek game,, u choose the wrong place,,& made some people waste their precious time to work out.


U better kept ure holy grail secret earlier....
  • #127
  • Jul 12, 2012 3:16am Jul 12, 2012 3:16am
Can you show the screeshoot of your renko chart pls? a bit difficult for me to understand without any pict
  • #128
  • Jul 12, 2012 3:55am Jul 12, 2012 3:55am
Quoting ronald_fsm
Thanks for your kind answer. I see few thread in FF about hedging but they don't update anymore so it make me wonder if hedging system still working or not. Anyway by using this sytem how much DD ever happen? and if a basket get floating for long time do you will cutlloss that basket? thanks for your info.
The strategy I created is a lot different then the regular hedging strategies that most attempt with baskets. I think, no one got the point before and I got tired of trying to explain when seeking for help to work with it.

Anyway..regarding DD I have results of 12.55% max dd back testing the last 3 years. That is with a fixed lot, and exact setting for all 3 years. Profits averaged about 7.5% per month, very much equal every month.
With these stats I can set a Global loss of 20% and will do just fine if some disaster arise. 50-100 pips spikes are not a problem for the system. But 400-500 could. Not because the math fails, but because most likely I would not get orders filled by the brokers and would mess thing up out of balance

2011-2012 has a max of 5.99%

Back tests in Dukascopy jforex platform, therefore all with tick data.

J.
  • #129
  • Jul 12, 2012 4:14am Jul 12, 2012 4:14am
Quoting boniez
Can you show the screeshoot of your renko chart pls? a bit difficult for me to understand without any pict

I don't use renko charts anymore. But the system is still renko based.
I had the whole mt4 code, re-coded to trigger as if where renko charts, but without using renko charts itself.

Pure logistic to minimize resources in the platform. Before , for a basket of 3 pairs I needed 6 1m charts and 6 renko charts.... now i need only 6 1m charts.

J.
  • #130
  • Jul 20, 2012 11:57pm Jul 20, 2012 11:57pm
Quoting jeuro
I don't use renko charts anymore. But the system is still renko based.
I had the whole mt4 code, re-coded to trigger as if where renko charts, but without using renko charts itself.

Pure logistic to minimize resources in the platform. Before , for a basket of 3 pairs I needed 6 1m charts and 6 renko charts.... now i need only 6 1m charts.

J.
could you tell us which pairs do you use ? do you use 1m TF only? thanks
  • #131
  • Jul 22, 2012 12:25pm Jul 22, 2012 12:25pm
Any 3 or pairs that their prices have an equation .. like gbp/usd*eur/gbp=eur/usd

Yes, I use 1m chart to attach to EA to.

J.
  • #132
  • Jul 22, 2012 8:32pm Jul 22, 2012 8:32pm
Quoting jeuro
I don't use renko charts anymore. But the system is still renko based.
I had the whole mt4 code, re-coded to trigger as if where renko charts, but without using renko charts itself.

Pure logistic to minimize resources in the platform. Before , for a basket of 3 pairs I needed 6 1m charts and 6 renko charts.... now i need only 6 1m charts.
J.
I want to ask a bold statement. for 3 pairs you need to open 6 charts, why not 3 charts? thanks for info
  • #133
  • Jul 22, 2012 10:21pm Jul 22, 2012 10:21pm
Quoting ronald_fsm
I want to ask a bold statement. for 3 pairs you need to open 6 charts, why not 3 charts? thanks for info
Hello Ronald, I did not understand if your post was an statement or a question.

anyway...

I use basket of 3 pairs. But because the strategy is mathematical/statistical, it does not matter if the prices move up or down. So I trade the system both ways simultaneously.

That meant I needed 12 charts open... 6 1m and 6 off line.
After re-coding the EA, I need only 6, because the EA calculate the Renko internally and do not need the off line charts.

J.
  • #134
  • Jul 23, 2012 4:41am Jul 23, 2012 4:41am
Nice work, Jeuro.
I knew, that someone will do some progress researching three pairs hedging!

Many pips to all!
  • #135
  • Jul 24, 2012 3:00am Jul 24, 2012 3:00am
Quoting cash4u2
Nice work, Jeuro.
I knew, that someone will do some progress researching three pairs hedging!

Many pips to all!
Thanks cash4u2 for your information about 3 pairs hedging on your thread. Anyway may I know what modification do you use on 3 pairs hedging? thank you for sharing
  • #136
  • Edited 5:06am Jul 24, 2012 4:35am | Edited 5:06am
I stopped trading this version a while ago, because there was always something missing, to be able to trade profitable longterm.
  • #137
  • Jul 24, 2012 8:03am Jul 24, 2012 8:03am
Quoting cash4u2
I stopped trading this version a while ago, because there was always something missing, to be able to trade profitable longterm.
Thanks again cash4u2 for your info. If you don't mind could you please tell us your strategy of trading that could be use for longterm and suistainable? thanks
  • #138
  • Jul 26, 2012 4:01pm Jul 26, 2012 4:01pm
Dear jeuro
could you please let us know what equation you use for EUR/USD,GBPUSD,EUR/GBP?
  • #139
  • Jul 27, 2012 2:46am Jul 27, 2012 2:46am
Quoting k4u
Dear jeuro
could you please let us know what equation you use for EUR/USD,GBPUSD,EUR/GBP?

???? ....the equation I use is not something I made up. I made an strategy based in the the equation that is occurring all the time.

If you freeze prices in your screen.... you will see that the price of GBP/USD multiplied by the price of EUR/GBP , it it "ALWAYS" equal to the price of EUR/USD.

I do not understand why this fact is soooooo overlooked.
Traders spend millions of hours working with all kind of stupid indicators "attempting to find" something that occurs at least 60% of the time in a constant base. Not realizing that the price action "always" diverge from calculations based in past prices. So, NOTHING will be found, EVER..not more then just a random 50% due just to plain probability anyway.

But here, we have something that is occurring 100% all the time and no one stops and think how to take advantage of it???

So far I found 1 way... and it may be even better then the 1 I found.. and probably a few dozen strategies around the same concept.


J

.
  • #140
  • Jul 28, 2012 1:50am Jul 28, 2012 1:50am
I've started coding a mt4 ea for this.

I need to know a detail : at the beginning of the routine, do you open the 3 pairs basket at t0, then start monitoring the renko bull bars creation to add additional positions ?

Or instead, do you start with an empty basket, take a snapshot of the current renko, then only open each position according to the renko bull bars ?

See the difference ? Start with an empty or full basket ...

Thanks in advance


Edit : and for the globalTP, if we are using 0.3 lot, can you confirm the process : if equity minus balance>+20$, then closeAll ?
Meeeooow !!!
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