MultiHedgeEA - Page 2

kokas · 01-07-2007, 11:37 PM

Ok here you have the First version of MultiHedgeEA

Let's try it and improve!!

dcraig · 01-08-2007, 01:13 AM

Thanks Kokas!!
It's running now on a new demo at IBFX. I started off with EURUSD, GBPUSD, USDCHF, and USDJPY, but shut that setup down as I discovered that the USDJPY isn't correlating well with the EURUSD or GBPUSD these days. Instead, I did something rather unorthodox ... I have two positions with USDCHF. We'll see

Doug

tomstaufer · 01-08-2007, 05:41 AM

Quote:

Originally Posted by dcraig

Just making a few "leaps" here ...

Let's assume we have a USD $4,000 account using 1:100 leverage. If we wanted to risk 10% of the account, that would be $400. Therefore, we'd want to apply roughly $100 to each of the four currency pairs. Lets assume we're looking at EURUSD, USDCHF, GBPUSD and USDJPY. For the two USD base currency pairs, the calculation is easy ($100 x 100 leverage = $10,000, or 10 micro-pips). For the other two currency pairs, it's almost as easy. Let's look at EURUSD for example. The current bid is around 1.30 (US$1.30 for each euro). The inverse of this is EUR$0.77 euro's for each USD. Since we want to open a position with an equivalent value of USD$10,000, we would multiply 0.77 times $10,000, which would give us a value of about EUR$7,700, or approximately 8 micro-lots. We would do the same with the GBPUSD, which would yield an initial position size of 5 micro-lots.

I think this would give us an approximately equal opening position size for all four currency pairs. Nobody will hurt my feelings if I'm off base here, but it seems logical to me...

Doug

I think you are right.

kokas · 01-09-2007, 03:10 AM

for some reason the EA is not closing all 4 Orders... But I cannot find this bug on the code...

400396 · 01-09-2007, 09:59 AM

hi kokas.

good to hear that you working on that.

i can tell you the ratio i trade this pairs manually , please check the statment.

you can see that i make nice profit with that, the reason i like it is the 4 pairs is a better headge and we drawdown less , the intrest is less but not free lunch here.

looking forward for your EA.

us

Quote:

Originally Posted by kokas

Ok this is the thread to begin working on the new MultiHegdeEA. There are a sugestion for the creation of a 4 pair HedgeEA, so let keep this separated from the main HegdeEA thread.

If you have any information about this system please post here. I will begin coding a simple EA that just enter the market with the 4 pairs and monitor this positions.

kokas · 01-09-2007, 10:14 AM

Hello,
can you elaborate how if you find the ratios?

did you understand how this EA does it? I'm working on the code now to find some bugs

400396 · 01-09-2007, 10:16 AM

I GOT THIS RATIO FROM FREEDOM ROCKS.

DID YOU CHECK THEIR SYSTEM ? I REMEMBER I TOLD YOU THAT YOU MUST CHECK THEM OUT, WE CAN USE A LOT OF THIER METHOD.

Quote:

Originally Posted by kokas

Hello,
can you elaborate how if you find the ratios?

did you understand how this EA does it? I'm working on the code now to find some bugs