Three Pair Hedging/Arbitrage Strategy for Free | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Same Pair Hedging, Am I Missing Something? 17 replies

Price info indicator needed - one pair's price x another pair 5 replies

Inverse pair hedging 1 reply

Multi-pair trading or Few-Pair Trading. [poll] 15 replies

Looking for two pair on one graph arbitrage indicator 1 reply

Attachments: Three Pair Hedging/Arbitrage Strategy for Free
Exit Attachments

Three Pair Hedging/Arbitrage Strategy for Free

  • #41
  • Nov 1, 2016 11:38am Nov 1, 2016 11:38am
Demo have already one win closed basket and a new opened. I think difference demo/real its because different start time.
  • #42
  • Nov 2, 2016 4:41am Nov 2, 2016 4:41am
Hi
I saw You have to more EA´s with free demo.
Do You have a Myfxlink for them?
Best wishes
  • #43
  • Nov 2, 2016 7:39pm Nov 2, 2016 7:39pm
Sorry, I do not have accounts with only these programs running, I run multiple programs and manually trade on my accounts. The 3 pair hedge program is the best program out of the ones I have, much safer and lower DD.
See my Profile Website Link to try out one of my EAs
  • #44
  • Nov 8, 2016 2:26am Nov 8, 2016 2:26am
All winning trades so far...

https://www.myfxbook.com/members/bes...000-d1/1822431
See my Profile Website Link to try out one of my EAs
  • #45
  • Nov 8, 2016 8:25pm Nov 8, 2016 8:25pm
Big day today with the USA elections, closed out two profitable trades!!!
See my Profile Website Link to try out one of my EAs
  • #46
  • Nov 10, 2016 2:02pm Nov 10, 2016 2:02pm
Election week with all of the volatility has proven VERY PROFITABLE!!!

Version 1.10 has been released today and will allow for other pairs other than default to work with the program for anyone interested. If you need help with the settings for alternate pairs, let me know.

Thanks and take care.
See my Profile Website Link to try out one of my EAs
  • #47
  • Nov 10, 2016 3:03pm Nov 10, 2016 3:03pm
i just installed the Ea on my vps :: pepperstone demo ... i didn,t find the risk setting in the EA ..i didn,t change any settings just let it on default as i don,t understand much how it works ...and i wanted to know the exit condition ..thanks for the great effort
  • #48
  • Nov 10, 2016 5:01pm Nov 10, 2016 5:01pm
Quoting hooshoo
i just installed the Ea on my vps :: pepperstone demo ... i didn,t find the risk setting in the EA ..i didn,t change any settings just let it on default as i don,t understand much how it works ...and i wanted to know the exit condition ..thanks for the great effort
The Risk Settings are only in the paid version, the paid one is at the following link.

https://www.mql5.com/en/market/product/18522

There are multiple exit conditions, the one you can set is the LossProfitMult variable which is the Hard Stop for the EA, default on version 1.10 is 3000 which is 300 pips overall for the Trade, but generally the internal SL conditions will close out first if one is hit. This EA is usually going to close in profit though like can be seen at the following link -> https://www.myfxbook.com/members/bes...000-d1/1822431
See my Profile Website Link to try out one of my EAs
  • #49
  • Nov 11, 2016 10:12am Nov 11, 2016 10:12am
Hi Benjamin!
My Trades: FXCM demo trades as Your on the MyFx link. Great result! FXCM live started with BSB and is still in that trade since 31 october.
About lotsize (post 29) I looked at FXCM Margin required. (I trade with FXCM UK) For the three pairs total Margin required is $8700 (AU $2700, EU $2400, EA $3600)
So for a $2000 account with highest reccommed risksetting 60% 2000/8700*0,60=0,138 lots. Not 0,16 as in post 29. Is this correct? With higher leverage more lots but more risk.
Haha.....just now my FXCM live closed with profit
Best wishes
  • #50
  • Nov 11, 2016 11:43am Nov 11, 2016 11:43am
New trade
FXCM demo sell buy sell, nothing on FXCM live..strange, exactly same spread, wonder why
  • #51
  • Nov 11, 2016 1:17pm Nov 11, 2016 1:17pm
Quoting Elovv
Hi Benjamin! My Trades: FXCM demo trades as Your on the MyFx link. Great result! FXCM live started with BSB and is still in that trade since 31 october. About lotsize (post 29) I looked at FXCM Margin required. (I trade with FXCM UK) For the three pairs total Margin required is $8700 (AU $2700, EU $2400, EA $3600) So for a $2000 account with highest reccommed risksetting 60% 2000/8700*0,60=0,138 lots. Not 0,16 as in post 29. Is this correct? With higher leverage more lots but more risk. Haha.....just now my FXCM live closed with profit ...
You are correct, with those Margin Requirements, it would be 0.13 lots (rounded), I was using a rough estimate of $7500 Margin required overall because that is close to what it normally is for a USD based account at 1:50 leverage, but that varies based on the relative values of the 3 pairs.

Good to see you making money!!!


On a Side Note:

For a Limited Time, I am offering the 3 Month Rental at a Discount Rate for Those who wish to try it!

https://www.mql5.com/en/market/product/18522

Act Now on this 10% Discount!!!
See my Profile Website Link to try out one of my EAs
  • #52
  • Nov 11, 2016 1:29pm Nov 11, 2016 1:29pm
Not sure, but brokers don't allow triangular arbitrage. Let's wait and verify. My guess is that some trades will be cancelled on real accounts.
  • #53
  • Nov 11, 2016 1:41pm Nov 11, 2016 1:41pm
Quoting fredix
Not sure, but brokers don't allow triangular arbitrage. Let's wait and verify. My guess is that some trades will be cancelled on real accounts.
No, I trade with this on real FXCM account, no trades is canselled
  • #54
  • Nov 11, 2016 1:42pm Nov 11, 2016 1:42pm
Quoting fredix
Not sure, but brokers don't allow triangular arbitrage. Let's wait and verify. My guess is that some trades will be cancelled on real accounts.

There are many accounts using this method, to a broker it looks like you opened 3 different pairs at the same time. Brokers only care that you are paying spreads which in this case you are. The cases you are talking about are when traders do very quick trades, but in this case, trades can take hours, days, or even weeks to complete sometimes.

I know accounts with over $250,000 USD in them using this program, not an issue.

Feel free to use the Free Version to see this for yourself
See my Profile Website Link to try out one of my EAs
  • #55
  • Nov 11, 2016 1:43pm Nov 11, 2016 1:43pm
Quoting Elovv
New trade FXCM demo sell buy sell, nothing on FXCM live..strange, exactly same spread, wonder why
Any guess why no trade on real account?
  • #56
  • Nov 11, 2016 1:47pm Nov 11, 2016 1:47pm
Quoting Elovv
{quote} Any guess why no trade on real account?
Sometimes the Quotes are not identical on different servers, demo probably had different quotes. I know people who trade two accounts on same broker, but get different trades...
See my Profile Website Link to try out one of my EAs
  • #57
  • Nov 12, 2016 5:57am Nov 12, 2016 5:57am
Thanks for the EA! There are two questions:

1. Can I set the ProfitMult smaller in order to get more trades? What is the recommend setting?
2. What is the difference between LossProfitMult and StopLoss in the parameter setting?
Always Look Forward
  • #58
  • Nov 13, 2016 3:53pm Nov 13, 2016 3:53pm
Quoting wanglei3455
Thanks for the EA! There are two questions: 1. Can I set the ProfitMult smaller in order to get more trades? What is the recommend setting? 2. What is the difference between LossProfitMult and StopLoss in the parameter setting?
Sorry for the slow response, it's been a busy weekend for me and I only now saw your questions.

1) The ProfitMult can be set smaller which will close out trades sooner, but the default settings are optimized for max profit and max ratio of risk/reward. Recommend to keep at 250 which is the equivalent of 25 pips. If you have it set smaller, then much of the trade is just trying to pay for the spread.

2) LossProfitMult is the Stop Loss Point based on the overall Money (Dollar) Loss in pips of the overall basket. StopLoss is just the Hard SL value sent to the broker for each pair in case the EA were to lose connection with the server, your computer/VPS went down, and/or the pairs took dramatic moves. I don't like trading without a TP and SL for the broker in case of unknowns that could occur hence why that is in there. I am all about safe trades and minimizing risk. This is one of the safest EAs out there, so if you are looking for an automated system that trades safely, this is exactly the kind of program that you want.
See my Profile Website Link to try out one of my EAs
  • #59
  • Nov 24, 2016 6:14am Nov 24, 2016 6:14am
Happy Thanksgiving to the USA and happy trading to everyone with this EA!
See my Profile Website Link to try out one of my EAs
  • #60
  • Nov 30, 2016 6:07pm Nov 30, 2016 6:07pm
How is everyone doing with this EA? Please feel free to share your results. So far almost a 20% gain since September!
See my Profile Website Link to try out one of my EAs
0 traders viewing now