rmyers

Hi TF,

I am also testing. The code for closing the orders is very straightforward. I have added a flag that keeps trying to close the orders on successive ticks until all are closed. Hope this helps. If we solve this I will start adding the other requested features.

Would you like to have lot sizing based on price ratios and range like HedgeEA or do you feel that the DCA feature makes lot sizing irrelevant?

Rick

tomstaufer

Rick,
I am trading 1:1 now but if automatic ratio is possible as an option why not-we could compare both versions and see...

Take profit: with different ratios maybe target profit level per 1 lots (total):
trading 0.4GBPJPY+1.2CHFJPY=1.6 lots total
Profit target $200 so in this case $200x1.6=$320 -take profit.

I am not sure if this makes sense, I have to think about it...

TimeFreedom

Rick/Tom,

I agree that having auto ratio would be beneficial especially since volatility changes day-to-day. I really like the direction we are going with this concept.

TimeFreedom

__________________
"Believe none of what you hear and half of what you see."

rmyers

Hi Tom and TF,

As I was lying in bed, I realized my new take profit algorithm was incorrect. Here is a new version. I will get to the enhancemants in the morning.

Rick

Attached Files

HedgeDCA_V2_2.mq4 (8.6 KB, 74 views)

tomstaufer

Yes. Auto ratio could help a lot during main order entrys but what if we apply this to daily orders after the main order set is completed. I know it's not possible with 0.01 lot daily entry but maybe instead enter every 5-10 days so we have 5x0.01 or 10x0.01 to use and different ratios can be applied...

rmyers

Hi Tom,

I was thinking the same thing. I am working on how to integrate this in with the lot scaling first, then I will worry about the microlots.

Rick

hexadecimal

Hi guys i started testing v 2.2 and here you can see my forward demo statement with fibo group. Symbol 1 GBP/JPY Startlots 0.1, Lotstep 0.1, Targetlots 0.5. Symbol 2 CHF/JPY Startlots 0.2, Lotstep 0.2, Targetlots 1.

icepeak

I was thinking about this. Would it be too difficult to have the daily orders added at different times? i.e. the gbpjpy enters at 2300 and the chfjpy enters after interest is paid. It doesn't make that much of a difference, but change adds up over time.

rmyers

Hi Icepeak,

I thought about this early on, but wasn't sure it would make much difference. It is not difficult and I will give it a go this weekend.

Rick

tomstaufer

Hello Guys,
below something what I think we could use to farther improve HedgeDCA.
This reminds me FFS and FR strategy with additional orders. Of course I am thinking about using hedged orders with CHFJPY.

Idea behind this system is to take gain of broker positive swap interest and trade only in that direction.
Infact as you should know , when we carry for long time a position we can see in our account the swap value that could be positive or negative depending on broker rules. For example Fast brokers get a positive interest (paid to us) for GBPJPY if we buy and a negative (paid to them) on sell side.

So our system will place trade accordingly only to positive interest paid by our broker for that pair that in the case of FB will be the buy side for GBPJPY.

Here's the simple rules :

1) Open a Daily chart and choose the pair that get best positive interest paid by your broker (a good one could be GBPJPY)

2) Without know anything about forex , simply open a position on positive side using 1% of your equity. Now we have only to take care about this entry price.

3) If price will go against us for a X fixed amount of pips (where X could be 100 or 200 pips) from the entry price then we enter another position based on 1% of actual equity.

4) Step 3) will be repeated until price will go against us adding a position every time it will go down of X pips from entry price.

5) If price will go in our direction of X pips then we close all positions opened, and cash the gain due to swap interest and pips

6) After all positions are closed , we iterate again step 2)

As you can see using this system our account will grow slowly but steadly because we will gain from both the positive swap and the pips when we close all positions.
Infact if after first trade is placed , the price will go in our direction then we will cash the 100 (or 200) pips plus spread interest depending on how much days order was opened. On other hand if price will go against us we will add a new position so to increase our equity acount due to spread gain and wait for price to go back to entry price.
In both case we will gain


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Regarding my post #15:
We could buy every week on wednesday GBPJPY before and CHFJPY after the swap is payed.