Agreed, and we have all discussed this in the past as well.... past bars on the NHO don't really mean anything (in realtime trading), so it doesn't really matter if they repaint or not. The current bar is what matters. The past bars would only be ...

Zeusjoes Market-Neutral Hedge Strategy

For your review and comment, I am attaching the .ex4 of the current SynchBar Indicator. Thanks all who have shared in the programming expense of this, all costs are covered, and those who "helped" received the mq4 file,... (and THANKS for the help ...

Zeusjoes Market-Neutral Hedge Strategy

Yes.... very interesting math to address the same issue.... One question: In your spreadsheet, you set 7/25/08 at 20:00 as the "ZeroPoint", that is, where each currency is the same, as your basis. Then you track the up and down from there, etc... ...

Zeusjoes Market-Neutral Hedge Strategy

I've been granted a dispensation of grace, so am back again. Will go back to lurking for a whiles' though.... am testing my last posted approach, and will return when I have some concrete or beneficial results.....

Zeusjoes Market-Neutral Hedge Strategy

for the last 3 days, GU/EU pairs, 15m, using SynchBar for entry, exit at Zeroline, NHOv3.4 colors for direction: 3 trades, +68, +42, +52, Drawdowns were -47, 0, and -16. Not bad. Could have ran the trades past Zeroline for aggressive exits at more ...

Zeusjoes Market-Neutral Hedge Strategy

YES!!! (see post above, and many others before)... .We just HAVE to have a MaxLoss... agreed.

Zeusjoes Market-Neutral Hedge Strategy

All very interesting... but .... YES YOU CAN LOSE in this method. Don't kid yourself and think it will ALWAYS return to cross, or to zero. Currency correlations can and will reset from time to time. The only way we "can't lose" is if: 1. We have ...

Zeusjoes Market-Neutral Hedge Strategy

We are on the same track!!! Working to find a way to represent the corresponding price movements of two currencies. Your approach of plotting the difference between open and close for each currency is really interesting! You end up with a chart of ...

Zeusjoes Market-Neutral Hedge Strategy

OK, last example for me.... then I will let you guys talk!! (I've been a thread hog recently!!) Here is another example, taken on the "short bar" end of things, and using the SwingMan indicators for trade directions... 15m chart, quick 29p net ...

Zeusjoes Market-Neutral Hedge Strategy

OK... here is where our discussion can really be valuable. My indicator is just that, an indicator. I want to start REALLY simple, and work from there. Now, we can "see" the currencies move closer and further apart. We can start to build a method to ...

Zeusjoes Market-Neutral Hedge Strategy

PS: Am I getting to far away from the original thread concept?? i.e., Should I start a new thread?

Zeusjoes Market-Neutral Hedge Strategy

OK, found something "lacking".... The SynchBar indicator does a GREAT job (so far!!) of showing how the currencies move with relation to each other. What it does NOT do, (and I thought in might, with the ZeroLine), is show us WHICH direction to ...

Zeusjoes Market-Neutral Hedge Strategy

One more before I have to take off.... TRADE EXAMPLE on the GU/EU SynchPair, 15m..... I am using closes of bars for this example. This is PRICE only trading, so "should" be a good example. (i.e., no repainting....) One idea of how to trade this....

Zeusjoes Market-Neutral Hedge Strategy

OK.... I have to run, but wanted to post this for discussion. I have confirmed that this indicator works the way I want. 1) Input # of bars back to consider... screenshot shows ~ 2 weeks of hourly bars. 2) Indicator bars plotted are a DIRECT ...

Zeusjoes Market-Neutral Hedge Strategy

Great!! have 3 or 4 interested, and probably a few more. How's $20 sound?? (I'll post paypal details after I am sure it works... and post examples here for you all to see and decide...) I have the indicator now, and will be testing today. If I don't ...

Zeusjoes Market-Neutral Hedge Strategy

Tomorrow or the next day I will have an indicator that does this: (but it is costing me $125... anybody want to share!!! The more folks, the cheaper it is!!! Not looking to make money, only to share the costs for shared benefit.) 1. Input Curr1 and ...

Zeusjoes Market-Neutral Hedge Strategy

Yes!! This may just be one of those "resetting" times where the correlation goes wacko for a bit, then re-settles into more of that "pendulum" pattern we we are trying to take advantage of. Even then, there is a give and take between the two pairs, ...

Zeusjoes Market-Neutral Hedge Strategy

OK... we might be getting somewhere here... on the screenshot below, note a few things: 1. 5m scalp, for a 9p profit, AFTER spreads, not bad. 2. The indicator repainted after the entry, making it look like a better trade than it was.... 3. But (per ...

Zeusjoes Market-Neutral Hedge Strategy

Hi Bruce, and thanks. Great to see success examples! Nice applications, all of them. My efforts have been in two areas: 1. Modify the indicator to stop re-painting. My programmer (who is REALLY good), can't figure a way to do it... not to say it ...

Zeusjoes Market-Neutral Hedge Strategy

Yes, we are trying to come up with a non-repainting indicator... we'll see. The other thing we are doing is using the real-time indicator values for entry/exit, and testing for performance. The only thing the "past" bars do is allow us to back-check ...

Zeusjoes Market-Neutral Hedge Strategy