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Maybe a profitable system (coding needed)

  • #1
  • First Post: Edited 6:11am Apr 18, 2016 5:51am | Edited 6:11am
I have an idea for an EA that might be profitable but it needs to trade several pairs at the same time which is only possible to test on metatrader 5. I don't know mql5 so the person who will code it for me will get the strategy for free. For someone who is experienced I don't think it would take more than 30 minutes to code it. The strategy is extremely simple and no indicators are needed. Let me know in a pm if you are interested.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #2
  • Apr 18, 2016 6:30am Apr 18, 2016 6:30am
I'm almost 100 % sure that the strategy will be profitable over the very long term and it is extremely simple. Just a few variables that need to be coded. No complicated coding of custom indicators or anything else. Just a few numbers that it needs to check and then rebalance the portfolio once in a while.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #3
  • Apr 18, 2016 8:27am Apr 18, 2016 8:27am
an old sage once sayd: if you are sure that its profitable why don't you are willing to pay for the coding job and get your ea soon as possible?

anyway why don't you be polite and share an explanatory screen of your strat? sure you will get more interested reply
  • #4
  • Apr 18, 2016 9:04am Apr 18, 2016 9:04am
Quoting Kunay9
an old sage once sayd: if you are sure that its profitable why don't you are willing to pay for the coding job and get your ea soon as possible? anyway why don't you be polite and share an explanatory screen of your strat? sure you will get more interested reply
I guess the simplest way to do it is to sell 50 % of the account currency for some other currency. If I for example start with 100.000 USD and then open a position where I sell 50.000 USD for yen. Now I have 50.000 USD plus yen which are also worth 50.000 USD. At some point the yen will increase or decrease on value. If they increase in value then I sell into strenght and rebalance this small portfolio by selling yen for dollars until both currencies are worth the same in USD. If the yen falls in value then I rebalance by selling USD and buying yen. Since 1995 which is as far back as my graph goes this simple strategy seems to be profitable. So what I need in this simple case is just an EA that can calculate the current value of my USD and the current value of my JPY and then rebalance if one is much larger than the other.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #5
  • Last Post: Edited 9:44am Apr 18, 2016 9:25am | Edited 9:44am
I'm trying to code this simple EA in metatrader 4. It can be backtested as long as it is a USD pair but I'm having some difficulty with calculating my exposure to USD and to JPY.
If slaughterhouses had glass walls, everyone would be a vegetarian!
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