This coincided with 8.30 EST news. But generally no negative surprises to me when i get up and see the a/c in my morning after most part of europeon session is over. Mostly a/c will be up. But whatever big DD i have seen in my a/c is trading gbpcad, ...

Hedge and Correlation Strategy

Any europeon news do not impact much. US news will. So better to switch off the EA for 1 hr after news. The big impact news always at 8.30 EST. So switching on the EA after stock market opens ( after 9.30 EST )will help. Also consider rentry when ...

Hedge and Correlation Strategy

Swith off the EA especially around 8.30 EST. Also re entry will be needed when DD goes beyond 20 pips for the basket so that you can average it out.

Hedge and Correlation Strategy

sq, my observation is this for closure problem : We run this EA on many chart and so the system slows down. The closure problem is not there always but at times it happens. The EA ckecks the stoc diff every second or so and hence the system slows ...

Hedge and Correlation Strategy

Your entry criteria should be 90 and not 80 for most of basket pairs. For less volatile pairs entry at 80 may be ok. If you enter at 80, you will see DD

Hedge and Correlation Strategy

SQ, I am also running the latest revised EA of yours in 5 min. While the opening of trades seem to be normal, atleast once i noticed the closing was an issue. The EA closed on trade but failed to close other trade. I closed one trade manaully after ...

Hedge and Correlation Strategy

Thanks a lot SQ.

Hedge and Correlation Strategy

Take the latest one posted. Alos i would advise if you watching the trades and you see 12 to 15 pips profit, close manually.

Hedge and Correlation Strategy

In my opinion one high volatile pair should be there in sell or buy basket so that there is an edge and basket can close fast. Also could see DD by having high volatile pairs.

Phantom 6 System

I just tried these pairs. Closed one basket with 30 pips. Buy : usdchf, gbpaud,eucad,euraud sell : usdjpy,gbpusd,eurjpy,eurusd.

Phantom 6 System

The pair selection matters a lot. EA at times wrongly adds exiting positions. So Big DD and cut looser and all.

Phantom 6 System

I agree. I should try this, never thought about it.

Phantom 6 System

Your "Buy " and "sell" baskets for manual trades? Many pairs being used, hence this question.

Phantom 6 System

Use the corelation indi in 5 min stoc frame. You will see lots of other pairs excluding these pairs. I avoided the high volatile pairs after checking which one had large DD in basket trading.

Hedge and Correlation Strategy

If you look at mataf link which i posted, it will give you volatility of various pairs for the current week or past weeks. GBPCHF,GBPJPY,GBPCAD have high volatility means big movements compared to other currency pairs. If the volatility of certain ...

Hedge and Correlation Strategy

Yes, i use jones indicator to see corelations. I use SQ's EA for auto trading. Testing in hourly and 5 min. Both have resulted good profits.At times DD was max about 120 pips. Can live with it. I use SQ's basket profit indi for manual trading. If ...

Hedge and Correlation Strategy

Avoid gbpchf baskets. Rest are good to trade.

Hedge and Correlation Strategy

TO AVOID LARGE DD, SOME PAIRS TO AVOID TRADING : GBPCAD, GBPCHF,GBPJPY. These pairs have high volitility hence could attract large DD. Link : url

Hedge and Correlation Strategy

What was the max DD you came across for the trades placed by EA and what was your entry percentage?

Hedge and Correlation Strategy

Good question. I have come across maximum DD of 120 pips in hourly chart. But closed finally with a marginal loss of 28 pips when i exited at 40 %. Had i waited till 20 % exit, then may be a small profit. All happened within 2 days.

Hedge and Correlation Strategy