Nor here,
The 3 pairs rule works like a filter
The 3 pairs rule works like a filter
MT4 MTF Correlation table and Correlation oscillator indicators 155 replies
Correlation style traiding 3 replies
Do Grid style systems care about correlation? 5 replies
Suprises not Trichet's style 12 replies
Dislikedthorn please see this , in this case there is no entry in all pairs. {image}Ignored
Disliked{quote} Yup..multiplied by 2. Plus 3x the spread. People really need to think these things out. Buy GBP/USD (long GBP/Short USD) Buy USD/JPY (long USD/Short JPY) Buy GBP/JPY )Long GBP/Short JPY) The USD short and long cancel each other out, now you are left with 2 long GBP 2 Short JPY. So you are buying GBP/JPY x2.Ignored
DislikedThe basic idea is in post one . From now on its up to you people to find and tell more ideas , problemes solutions to fix them . As you can see the system has no stoploss and no take profit . I am hoping to fix it together otherwise the system is doomed to fail. I am hoping that people will give more ideas about other pairs to correlate, additionals rules but i dont see that happen. Anyway the big picture to this odea is to find correlative pairs that if all together move to the same direcion then something happens to the same direction or to the...Ignored
Disliked{quote} I think I get the idea why you open all three in the same direction. I made an EA which gave me the following conclusions: - MA(10) or any other period/timeframe has no effect. Just less trades. - As the pairs are correlated, my intuition is that we can use a fixed TP: Because their price move together, the sum of their profit/loss makes somekind of non-trending oscillation. TP between 50 & 60 worked well for EURSEK,GBPNZD,HKDJPY,AUDNZD,NZDCAD,CADJPY,EURNZD,NZDSGD,EURNOK. All crossed by USD or CHF. I didn't try JPY because my spread is too...Ignored
DislikedYes its mql5. Considering what you want to do with the 4th pair, mt4 won't do. The idea is to move this EA to an indicator for buy/sell signals, which could be used on any pair. The option "all symbols" of mt5 will be useful to tell us which pair works.Ignored