Has been many years that I do not use SL... but I do use hedge trades. My strategy is very simple without any indicators. What I found during my many years of trading is that to make decent money I need to be in the market continuously. All my ...

Some thoughts about stoplosses and capital growth

Is not the ticks, nor time, nor brokers etc... The free renko EA most traders use start building the bars as soon as you attache it to charts.... from the latest price to the past. Lets say you use 10 renko bars.... if the EA start working when the ...

Renko Trading on Joint Account

Great work KH. Exactly how it should be done. Running the 2 legs simultaneously but independently from each other. I use different magics for that. I am running greater bars then 20/20/7 is my real accounts. Mainly to avoid a large number of orders. ...

Three pairs hedging/Renko

The first code we used in mt4 was very simple. It was to trigger a market order at close of a candle. With the option of forward or reverse. Meaning that if the closed candle was an up candle it will buy .... and if in reverse mode... with up ...

Three pairs hedging/Renko

???? ....the equation I use is not something I made up. I made an strategy based in the the equation that is occurring all the time. If you freeze prices in your screen.... you will see that the price of GBP/USD multiplied by the price of EUR/GBP ...

Three pairs hedging/Renko

Hello Ronald, I did not understand if your post was an statement or a question. anyway... I use basket of 3 pairs. But because the strategy is mathematical/statistical, it does not matter if the prices move up or down. So I trade the system both ...

Three pairs hedging/Renko

Any 3 or pairs that their prices have an equation .. like gbp/usd*eur/gbp=eur/usd Yes, I use 1m chart to attach to EA to. J.

Three pairs hedging/Renko

I don't use renko charts anymore. But the system is still renko based. I had the whole mt4 code, re-coded to trigger as if where renko charts, but without using renko charts itself. Pure logistic to minimize resources in the platform. Before , for a ...

Three pairs hedging/Renko

The strategy I created is a lot different then the regular hedging strategies that most attempt with baskets. I think, no one got the point before and I got tired of trying to explain when seeking for help to work with it. Anyway..regarding DD I ...

Three pairs hedging/Renko

Absolutely NO. I am an strategist. The code is a tool that I designed to crate multi-pairs strategies. The code itself will do nothing for anybody not knowing the principles of the strategy. Plus I decide to use to capitalize myself by offering ...

Three pairs hedging/Renko

I am. I investment paying a programmer to work with me and coded the tool to test in Jforex. I worked some 4 months fine tuning the math and completed the EUR/USD/GBP basket with excellent results. I went real money last month in 2 accounts and ...

Three pairs hedging/Renko

Not really, trading one pairs is just one pair and does not hedge with anything. So, need to be traded in a ring of 3 pairs, were an equation between the 3 prices is found. Anyway... I was gone from the thread but noticed mentioning coding it. But ...

Three pairs hedging/Renko

I dont mind at all. But best would be to have it code for Jforex .. or at least mt5, to be able to backtest. I already trade the sytem in mt4. The system works quite well, it may need minor adjustments. Every little variation that I try still ...

Three pairs hedging/Renko

Hello Natal: I don't use a vps for arb'ing. I have good connection at home and most of the brokers/server I use are relatively close, 2 of then are less then 300km. I will say 400-500ms execution is quite good. In my case I filter a lot. I get a lot ...

My Own Broker Arbitrage

Hello surfeur: I am not using Ronald's. I am using a commercial software in behalf of one of my clients in live accounts. Not sure what latency you are asking. It will always be latency in executions. I have ping average below 100ms to all the ...

My Own Broker Arbitrage

Quotes for real accounts have been really crappy for arbs for the last 15 days, all across major banks-->brokers. Not a lot a volume, few prices available, thus everybody has same prices. Market Makers, like usual show prices in between due to their ...

My Own Broker Arbitrage

In essence in all the European Union the laws still remains as the "past" USA CFTC laws. Meaning, it was not mandatory to adopt regulation if the company pass all orders thru. The logic behind the law is that if a brokers pass "all" orders to ...

FinFX opinions

I agree with you, it is extremely easy for a brokers to make reports and Analise them. And they do in a continuous basis. But it seems you still are under the impression that "all" brokers hold "all" the orders from their clients. Therefore, if we ...

My Own Broker Arbitrage

You are 100% correct. Arbitrage should be just one of the many strategies you use. But it should build capital in the long run if you do not get greedy. Do not get too much discouraged. Some days are are definitely better then others. Software ...

My Own Broker Arbitrage

Absolutely no solution for slippage. Slippage will happens all the time in a non-ECN environment. Slippage is just the adjustment from your broker's Non-ecn pricing to the Price they are getting quoted from their banks at a specific time. Sometimes ...

My Own Broker Arbitrage