Sorry Caillou, I don’t know how to explain better but this may help you and others. If we hedge with 1 pair, say buy EUR/USD and sell EUR/USD simultaneously 0.30 lot. We have no risk, we lose the spreads. Will never make any money. No risk, no ...

Three pairs hedging/Renko

Hello Qooyend. It is difficult to reverse engineering the way your are doing your BT by just looking the statement. Yes, way too many trades compared to December. These are some questions that come to mind: Are you using renko bars or range bars? ...

Three pairs hedging/Renko

Answer in post #17. That is the calculated risk we are incurring.

Three pairs hedging/Renko

Hello Skoda. Thanks for the input. You hit all the right nails. Yes, yes, yes and “sort of”. Yes, we are aware BT renko in mt4 can be done and quite well. With help from the developer of a commercial renko and Birt help, we have been BT-ing on renko ...

Three pairs hedging/Renko

Hello K4u: The details of TP and SL used for all 3 pairs are in post #12. But in top of that I used a GlobalEquityProfit of $20. (I think I mention that in other post). That means the following: When I started the account with $5000 and start ...

Three pairs hedging/Renko

Hello FrinkFX. Congrats for getting back into the game. If you are for the long run and will be testing several EA s or strategies. This is what has worked the best for me, and also my suggestion: Dukascopy history data (tick data) is the best I ...

Best broker for backtesting?

Perhaps you never understood Three (or more) pairs Hedging correct. It is impossible that 1 pair uncouples, I mean using the correct pairs and the correct lot size for each of them. (not possible with brokers that have 2 decimals lot size like most ...

Three pairs hedging/Renko

Hello Longshot. I am testing a multi-pairs strategy with good potential for constant profits. Maybe you can help with some C++ programing to be able to back-test in one of the available Platforms/Strategy Testers in the market. If you have time, can ...

C# programmer new to forums

Here we may disagree a bit. For the unforeseen future, and for systems like this (multi-pairs), I tend to trust the math more then any type of value given by any type of past history indicator. The bottom line is that price action does not respect ...

Three pairs hedging/Renko

You are correct Indrek, it is not a usual hedging. That’s why is different then The first approach of cash4u2. You are seeing the correct logic. Not using SL will also work, but with the risk of accumulating too many open orders that could become ...

Three pairs hedging/Renko

Because the risk needs to be incurred somewhere and the profits need to come from somewhere. In this case from the EUR/CHF as shown in this stats:

Three pairs hedging/Renko

I a sense both of you guy are correct. We use renko just because is easy to code the algorithms to execute trades at close of bar instead of having to make a bunch of math calculations. Also easy to visualize the mechanics of the system. If use we ...

Three pairs hedging/Renko

Ok, I did by best in post #12,

Three pairs hedging/Renko

When I say that the system has “potential”, I do not say it lightly. I have been trading manually a long time, but it is only about 3 of years that I joined efforts with an excellent programmer and started to seek some math systems that could be ...

Three pairs hedging/Renko

Hello Tarrini, Thanks for re-posting here. Yes, I do believe this system has a lot of potential to be a constant profitable system but needs fine tuning. But the fine tuning is a painful and slow task if we are unable to back-test. This is one of ...

Three pairs hedging/Renko

OK, At least I should make a few clarifications. But I repeat, I do not want to spend the whole time trying to explain how the strategy works because it takes away from time that we should spend trying to back-test and fine tune, so wen can all ...

Three pairs hedging/Renko

I did post the basic concept of the strategy in cash4u2 thread. I think that is sufficient to grasp the idea. The strategy is still a 3 pair hedging. Executing the trades in renko just help to maintain the math in case 1 pairs spike up or down; ...

Three pairs hedging/Renko

I started a new thread "Three pairs hedging / Renko" for those interested. Thanks.

Three Pairs Hedging

forward demo test — Here is 1 month of forward testing with 1 setting. Started Dec 5 and ended Jan 5 (I used peppertone demo. They are good for 1 month only). I used 0.30 lot in all 3 pairs. It made 781 trades for a total of 234 full round ...

Three pairs hedging/Renko