CAUTION... There are several things wrong with the list of pairs that I suggested. I got to thinking about something Ronaldo said about USDCAD and then I remembered that I didn't see a single negatively correlated pair in the spreadsheet that I ...

Hedge and Correlation Strategy

I can't help but get the impression that I'm the only one interested in this thread? Surely some of you are smarter than me and can contribute or comment or dispute some of things that I've said? Since the 3-pair EA (IMO) is all about detecting when ...

Hedge and Correlation Strategy

Ronaldo, I'm curious why you would invert USDCAD?

Hedge and Correlation Strategy

P.S. If you change the lot size, you will probably want to change the TP. You may want to change the TP in any event, as it defaults to just $1.00 (for 0.01 lots). It's also worth noting that I ran USDJPY/EURJPY/EURUSD over three timeframes (M1, M5 ...

Hedge and Correlation Strategy

Just letting you know that the modifed EA performed nicely over the last 12 hours. I have shut it down for the weekend, since it had no open positions when I got up this morning. I prefer not to have open positions over the weekend and always look ...

Hedge and Correlation Strategy

At the risk of creating more dialogue that I can handle, I have made a few modifications to Ronaldo's 3-pair EA. Here are the changes: // Version 007 // Change TP to be dollars (or pounds or euros) rather than pips // Change TP to be double // ...

Hedge and Correlation Strategy

Fegarding "ZScore 3 pair", I think the first line of code in the Start function should be: if ( Bars( Symbol(),0 )<Period_ || Bars( Pair2 ,0 )<Period_ || Bars( Pair3 ,0 )<Period_ ) return(0); It previously didn't check the 3rd pair for enough bars. ...

Hedge and Correlation Strategy

A few more suggestions for 3-pair: I modified my version to use a straight dollar basket TP. Using pips for TP, when each pair has a different dollar value, wasn't working for me. I'm going to modify my version (somehow) to avoid putting on multiple ...

Hedge and Correlation Strategy

Probable bug in ZScore 3 pair? I am fairly certain that this line in Profit_By_Level should be: total_profit+= ( OrderProfit() + OrderCommission() + OrderSwap()...... not total_profit+= ( OrderProfit() - OrderCommission() - OrderSwap() I also ...

Hedge and Correlation Strategy

Two questions about the 3-pair EA. I was running the EA using M1 charts, but noticed that M15 is recommended. Is it the consensus of those trading the 3-pair EA that M15 is the best? I tried running a EURUSD chart with AUDUSD and EURAUD inverted. ...

Hedge and Correlation Strategy

Actually, "30" is 3 pips, even less than the "5" that you mention in your post.

Hedge and Correlation Strategy

Hi Ronald, I'm running "ZScoreDiff 3 Pairs" with default parameters. Assuming that TP=20 with TP_Mode=1 means close all trades if the net profit >= 20 points (2 pips), then it isn't working. At one point, I had a net profit of 28 points (2.8 pips) ...

Hedge and Correlation Strategy

Thank you again for your efforts. I have been running your EA on three accounts. Tickmill (live), PFD (live) and FXCM (demo). Only the FXCMdemo account has taken trades in 36 hours. Any ideas? The demo FXCM account has very low spreads (plus ...

Hedge and Correlation Strategy

You mention EXNESS in your post above. If it's indeed "low spread", it must be an ECN account? It appears that the commission is about $6 per round turn on EURUSD. Is that correct? They also talk about spreads "as low as zero". What is the typical ...

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Thank you very much. Will be running this new version as well as Ronaldoaf's latest version. Nice work (both of you).

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Hi MultiLion, Still no trades after 24 hours with your EA, but I may have a clue. I am getting these errors (hundreds of them). See attached snippet.

Hedge and Correlation Strategy

Don't worry, I won't hold you responsible if the EA goes nuts!! You have given me good warning. After a lot of excitement when I first started the EA, it hasn't done a trade since. About 12 hours with no trade. No surprise, as I have a fair ...

Hedge and Correlation Strategy

For this type of EA (either of the two being discussed here), we want to place the EA on one of the most active pair. This is typically EURUSD. I don't normally watch EA's running, but I have spent a fair amount of time watch MultiLion's EA over the ...

Hedge and Correlation Strategy

Sorry, Jason, I have to disagree again. Latency is latency. If you are looking at your VPS from your PC, the prices you are seeing are already "old". By the time you click to trade and that click reaches your VPS, the quotes are even older. Then, ...

FXCM Discussion

The developer (MultiLion) is the best person to comment, but I don't think it matters. As he said in an earlier post, it only needs tick from any chart, any timeframe in order for it to check on what it needs. If you look at the parameters, you will ...

Hedge and Correlation Strategy