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Red News Hedge Trading + EA

  • #141
  • Nov 20, 2015 10:33am Nov 20, 2015 10:33am
Hi MathTrader, I was drawn to this as I was looking for something to compliment my normal swing trading. Well, I downloaded your EA and played around with it for a bit. I tried various things: instead of correlated pair, I used a fast moving pair that had good momentum and a free run, or a pair that was about to hit a major s/r level to split for the hedge and I also tried correlated pairs.

Anyway, here are the results for a few days testing on demo. Obviously it needs some refining on my part , but I think I can get something out of this. Thanks

By the way, today I used GBPCAD and AUDCAD for the CAD news. Got the result
Attached Image (click to enlarge)
Click to Enlarge Name: account.JPG Size: 172 KB
  • #142
  • Nov 20, 2015 10:40am Nov 20, 2015 10:40am
Quoting jen101
Hi MathTrader, I was drawn to this as I was looking for something to compliment my normal swing trading. Well, I downloaded your EA and played around with it for a bit. I tried various things: instead of correlated pair, I used a fast moving pair that had good momentum and a free run, or a pair that was about to hit a major s/r level to split for the hedge and I also tried correlated pairs. Anyway, here are the results for a few days testing on demo. Obviously it needs some refining on my part , but I think I can get something out of this. Thanks...
Good results!
Hedge trading is not limited to high impact red news, neither to highly correlated pairs of symbols. As you use the EA for various trading styles. Please keep posting your findings if you will
Trading is the hardest way to make easy money...
  • #143
  • Nov 20, 2015 10:53am Nov 20, 2015 10:53am
Quoting MathTrader7
{quote} Good results! Hedge trading is not limited to high impact red news, neither to highly correlated pairs of symbols. As you use the EA for various trading styles. Please keep posting your findings if you will
Hedge trading is completely new to me. I am trying to combine it with what I know best. I'll test it for a bit and hopefully I can find something that will consistently work well . Good job on the EA, thanks again, that works perfectly. The timer addition is godsend as I am not often at my desk for long!
  • #144
  • Nov 20, 2015 11:17am Nov 20, 2015 11:17am
Quoting MathTrader7
{quote} How did it work for you?
Hello, i must try again next week , becouse this trade was fast stopped out (loss -5 , 0.1lot , demo ;-) ) for large spread of my broker .
I must filter the avarage spread (broker) , probably max avarage spread that i want (for me) is 3pips (3€) with SL of 10 or 15

PS : Math i have some idea to test next week , i hope that it will be good ;-) but it isn't just news but also outside those zones . obviously if I will like it I will write my idea
  • #145
  • Nov 20, 2015 11:29am Nov 20, 2015 11:29am
Quoting LvCa
{quote} Hello, i must try again next week , becouse this trade was fast stopped out (loss -5 , 0.1lot , demo ;-) ) for large spread of my broker . I must filter the avarage spread (broker) , probably max avarage spread that i want (for me) is 3pips (3€) with SL of 10 or 15
Yes, you need a good ecn broker. I am testing on FXOpen, seems fine. I am not currently using the SL feature because I want to try the right level. After I have enough appropriate results I will look at the max drawdown and decide from that.
  • #146
  • Nov 20, 2015 11:35am Nov 20, 2015 11:35am
Quoting jen101
{quote} Yes, you need a good ecn broker. I am testing on FXOpen, seems fine. I am not currently using the SL feature because I want to try the right level. After I have enough appropriate results I will look at the max drawdown and decide from that.
Thank you for your suggestion
  • #147
  • Nov 20, 2015 11:37am Nov 20, 2015 11:37am
Quoting LvCa
{quote} Hello, i must try again next week , becouse this trade was fast stopped out (loss -5 , 0.1lot , demo ;-) ) for large spread of my broker . I must filter the avarage spread (broker) , probably max avarage spread that i want (for me) is 3pips (3) with SL of 10 or 15 PS : Math i have some idea to test next week , i hope that it will be good ;-) but it isn't just news but also outside those zones . obviously if I will like it I will write my idea
Hope it works for you the next time.
Please feel free to write me your idea. I'm also thinking about a separate EA development based on hedge and correlation to scalp the market here and there.
Trading is the hardest way to make easy money...
  • #148
  • Nov 21, 2015 8:53am Nov 21, 2015 8:53am
Hello, excuse my English, @Mathtrader7 : You can add 2 buttons for taking such position; buy / buy and sell / sell, when a high correlation more pips in less time! Thank you in advance! Excellent working !!!!
  • #149
  • Nov 22, 2015 7:22pm Nov 22, 2015 7:22pm
Ok I found !!!!!
  • #150
  • Nov 23, 2015 12:10am Nov 23, 2015 12:10am
Hello Mathtrader7
I tried this EA for a few days last week and saw it can do during red news with good results, but now I can't try with your latest vision , bcoz my broker still use MT4 build 902. Can you establish it for all MT4 vision?
I always try with micro lot size, not demo
  • #151
  • Nov 23, 2015 6:24am Nov 23, 2015 6:24am
Quoting MathTrader7
{quote} Hope it works for you the next time. Please feel free to write me your idea. I'm also thinking about a separate EA development based on hedge and correlation to scalp the market here and there.
Good morning , tell my 2cent idea is the minumum that i can do ...
This is an axample of trading (no news) what i do today :
Attached Image (click to enlarge)
Click to Enlarge Name: esempio.png Size: 274 KB

It was lucky becouse both went into profit.
PS : I am a farmer, take my ideas as such
  • #152
  • Nov 23, 2015 7:07am Nov 23, 2015 7:07am
Quoting LvCa
{quote} Good morning , tell my 2cent idea is the minumum that i can do ... This is an axample of trading (no news) what i do today : {image} It was lucky becouse both went into profit. PS : I am a farmer, take my ideas as such
I traded Euro this morning too on the German PMI. News was weak, but USDCAD was looking good for a buy, with a little space left before the reversal zone. So, got a result I think I'm going to have to start looking at this seriously now... Great tool, Mathtrader!
Attached Image (click to enlarge)
Click to Enlarge Name: account.JPG Size: 33 KB
  • #153
  • Nov 23, 2015 7:25am Nov 23, 2015 7:25am
Quoting jen101
{quote} I traded Euro this morning too on the German PMI. News was weak, but USDCAD was looking good for a buy, with a little space left before the reversal zone. So, got a result I think I'm going to have to start looking at this seriously now... Great tool, Mathtrader! {image}
Wow , good result . You use a very big lot size , not is it too mutch for 1500 account ?
Ps , now i am looking for EUR/GBP vs EUR/USD (sell/buy but is maybe earlier to take this , if i will have a good signal of short EUR/GBP i will enter )
  • #154
  • Nov 23, 2015 7:37am Nov 23, 2015 7:37am
Quoting LvCa
{quote} Wow , good result . You use a very big lot size , not is it too mutch for 1500 account ? Ps , now i am looking for EUR/GBP vs EUR/USD (sell/buy but is maybe earlier to take this , if i will have a good signal of short EUR/GBP i will enter )
Well, I'm just playing around... I'm not after many pips. That last trade was 9.6 and 3.7 respectively. See how it goes.
  • #155
  • Nov 23, 2015 8:18am Nov 23, 2015 8:18am
Quoting MathTrader7
{quote} Hope it works for you the next time. Please feel free to write me your idea. I'm also thinking about a separate EA development based on hedge and correlation to scalp the market here and there.
Issue: If I go for editing the attached EA parameters and then ok for exit the properties, it becomes vanish sometimes not always. It needs to be attached again. My MT4 build is 910. I always change the magic no. for every attached EA on the chart. Can you pls have a look on the issue?
  • #156
  • Nov 23, 2015 8:43am Nov 23, 2015 8:43am
Quoting jen101
{quote} I traded Euro this morning too on the German PMI. News was weak, but USDCAD was looking good for a buy, with a little space left before the reversal zone. So, got a result I think I'm going to have to start looking at this seriously now... Great tool, Mathtrader! {image}
Good results!
Trading is the hardest way to make easy money...
  • #157
  • Edited 8:59am Nov 23, 2015 8:45am | Edited 8:59am
Quoting samz321
{quote} Issue: If I go for editing the attached EA parameters and then ok for exit the properties, it becomes vanish sometimes not always. It needs to be attached again. My MT4 build is 910. I always change the magic no. for every attached EA on the chart. Can you pls have a look on the issue?
When it disappears after you edit some of the input settings, do you see a message such as "Auto Trade Time is passed!" on the top-left of the chart?
Trading is the hardest way to make easy money...
  • #158
  • Nov 23, 2015 8:45am Nov 23, 2015 8:45am
Quoting LvCa
{quote} Good morning , tell my 2cent idea is the minumum that i can do ... This is an axample of trading (no news) what i do today : {image} It was lucky becouse both went into profit. PS : I am a farmer, take my ideas as such
Keep posting your findings!
Trading is the hardest way to make easy money...
  • #159
  • Nov 23, 2015 8:53am Nov 23, 2015 8:53am
Quoting LvCa
{quote} Wow , good result . You use a very big lot size , not is it too mutch for 1500 account ? Ps , now i am looking for EUR/GBP vs EUR/USD (sell/buy but is maybe earlier to take this , if i will have a good signal of short EUR/GBP i will enter )
It started , i try the perfect hadge (size) of Math7
I will stop when 2 stoch (or the two currencies ) are touching each other (or max SL of -5% )
Attached Image (click to enlarge)
Click to Enlarge Name: esempio.png Size: 226 KB
  • #160
  • Nov 23, 2015 9:03am Nov 23, 2015 9:03am
Quoting LvCa
{quote} It started , i try the perfect hadge (size) of Math7 I will stop when 2 stoch (or the two currencies ) are touching each other (or max SL of -5% ) {image}
I think we can make it automate for easier forward testing...
But first let's see how it works with your test.
Trading is the hardest way to make easy money...
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