HedgeHog System & EA - page 9
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Thanks for this Graham, just to clarify - the orders are set up with a 80$ SL and are nevr manually closed, a new day opens a new order irrespective of the previous positions? Thanks
Not sure. I don't manually close the trades, but there are several different options: Never close, close after 24, 48 or 72 hours. Most of the pairs will close within 24 hours, especially if your TP is 10 or less.
Graham
Graham
Are you SL/TP 50/10 or 80/8 or both at this time?
Do you beleive that 80/8 performs better than 50/10?
Thanks
Graham
Are you SL/TP 50/10 or 80/8 or both at this time?
Do you beleive that 80/8 performs better than 50/10?
ThanksCurrently i am running tests on both the 10/50 and 5/50. Once we have a working EA, then i can run more forward tests and hopefully live as well. Seeing as the trades have a few minute window to enter in, running too many tests would leave not enough time to get them all in.
As to which TP/SL i feel works better, i really don't know. Proof will be in forward and backtesting. To do that, one needs to be around always at the same time and patience, or a good EA.
Graham
I probably won't have time to make up the EA until tomorrow, so if anyone wants to take a shot at it in the mean time feel free.
I was just wondering if you have made progress on the EA. Not to rush though, in case your life is pretty busy.
Graham
Graham,
Just try this out, I created a simple indicator showing the difference between daily O, H and L
1. Incase both are >10 set level to 1
2. Incase any one is <10 set level to 5
3. incase differnce between anyone is -80 (your sl) set level to 10
Suprisingly the 3 level was hit min of 3 times in a row....This would blow up your account if you used the cimpounding MM technique....
CAn you verify this??
Thanks
Graham,
Just try this out, I created a simple indicator showing the difference between daily O, H and L
1. Incase both are >10 set level to 1
2. Incase any one is <10 set level to 5
3. incase differnce between anyone is -80 (your sl) set level to 10
Suprisingly the 3 level was hit min of 3 times in a row....This would blow up your account if you used the cimpounding MM technique....
CAn you verify this??
ThanksSorry, i don't know what you mean. Why not use extern int variables so we can select >10 or 8 or 5 for TP, or 80 or 50 for S/L, or whatever....
does that help? If not, maybe explain again for me.
Thanx,
Graham
Hi,
I mean to say inorder to test out the credibility of the logic since it is based on a daily long short position of 10pips each...
The indicator will just indicate whether there would be a 80pip loss and it does so in case of 3 consecutive days for EUR/USD which means -
1 day 0.1lots = -80pips
2nd day 1 lot = -800pips
3rd day 10 lots = - 8000pips????
Thanks
Hi everyone,I just open the EA and found this
"extern int Start=15;"
Seems the start time, I am using interbankFX,their time is the same as GMT,should I adjust the "Start=15"? By this parameter when the trade will
begin?Thanks!
Hi everyone,I just open the EA and found this
"extern int Start=15;"
Seems the start time, I am using interbankFX,their time is the same as GMT,should I adjust the "Start=15"? By this parameter when the trade will
begin?Thanks!Sounds good, but having adjusted the time, i found it wasn't 100% reliable for some reason. This is why i was interested in a full EA rebuild by a successful EA Programmer.
Here is my performance for the first week of May 2006. The performance was not as reliable as normal, probably due to pre-non farm payrolls, and also Tokyo shut down for the week due to holidays (and half the pairs i test have jpy in them).
My original 22:00GMT trades (due to daylight time they are 21:00GMT) and 10TP 50SL:
EurUsd 8 of 10 or 80% and +$1600 for HH, and +$1470 for 3rd trade.
GbpUsd 7 of 10 or 70% and +$1000 for HH, and +$400 for 3rd.
UsdChf 8 for 10 or 80% and +$926 for HH, and +$636 for 3rd.
UsdJpy 8 for 10 or 80% and +$886 for HH, and +$504 for 3rd.
EurJpy 7 for 10 or 70% and +$1844 for HH, and +$461 for 3rd.
GbpJpy 7 for 10 or 70% and +$2773 for HH, and +$2883 for 3rd.
The accuracy was 44/60 or 73%, lower than normal. Wonder if the slow before freaky friday affects results. plus asia shut down.
So the grand total was $15383.40, of which $6,354.89 is 3rd trade.
The EurJpy, GbpJpy and EurUsd had large sundays due to recouping of losses from last week.
----
For the 23:45GMT (which is 22:45 thanks to DST)
EurUsd 10 of 10 or 100% and +$1000 for HH, and +$1100 for 3rd trade.
GbpUsd 9 of 10 or 90% and +$1000 for HH, and +$765 for 3rd.
UsdChf 8 for 10 or 80% and +$1296 for HH, and +$636 for 3rd.
UsdJpy 8 for 10 or 80% and -$2803 for HH, and -$650 for 3rd.
EurJpy 7 for 10 or 70% and -$1856 for HH, and +$80 for 3rd.
GbpJpy 6 for 10 or 60% and -$1227 for HH, and -$1777 for 3rd.
Accuracy was 47/60 or 78%
So the grand total was -$2437.24, of which +$154 is 3rd trade. You can see the difference japan closed makes. A total of -$8000, insteal of the usual +8000, so a net differential of $16000!! wow...i guess we need to heed holidays.
Unfortunatley i can't test any more settings or time frames, due to time and resources on computer. All my trades are done in demo accounts and will post total results at the end of the month.
Enjoy,
Graham