80% — navk, in this case the correlation -if I was looking right- nor is strong positive neither negative. You are going only to the stoch numbers? josch

Hedge and Correlation Strategy

Poitive correlated Pairs — As checked this with mataf I decided: EURUSD vs GBPUSD EURUSD vs EURJPY GBPUSD vs EURJPY USDCAD vs USDCHF USDJPY vs USDCHF EURAUD vs EURCAD EURCAD vs EURCHF EURCAD vs EURJPY EURCAD vs EURNZD EURCAD vs EURUSD EURCHF ...

Hedge and Correlation Strategy

Working Pairs — monarch, simply have a look at url for correlating pairs. Because correlation isn't living forever, you should check this. josch

Hedge and Correlation Strategy

Money Machine — navk, how many pairs you are looking at? I assume you use an ea to cover & TP? josch

Hedge and Correlation Strategy

Timeframe — Dreamliner, yes to neg correlation. My TF is 30 minutes, I added it in the post above (forgot it). But -without any experience- I'll make a try with smaller TF too. josch

Hedge and Correlation Strategy

Timeframe — It seems, most traders changed to small timeframe i.e. 1 min. I'd prefer to get more room, more pips (hopefully), knowing it's unavoidable to remain in a trade much longer. I'm in GBPUSD vs USDCHF since yesterday 2:30 p.m., using ...

Hedge and Correlation Strategy

Scaling / Averaging — Dreamliner (and others), you mentioned to start a trade (at time of using 30 min TF as I remember) with 1/5 and scaling in with 2nd, 3rd and so on part. What do/did you use as point of taking the next part of trade? - ...

Hedge and Correlation Strategy

Honoured — Dreamliner, thank you! At the time, I'm able to do so, I'll remember, that you earned one for starting this thread too. josch

Hedge and Correlation Strategy

PairRelationship — Steve, the PairRelationship is included with ea OffChartPrice, see url josch

Hedge and Correlation Strategy

EA development — smjones, thank you for picking up my thoughts. Results of 'no sleeping' but 'developing ea' are really great. Think this thread has to get upgraded rating - done here. Sorry, smjones, not able to give voucher yet (by member ...

Hedge and Correlation Strategy

SMJones, with 'largest range' I meant the highest price of chart 1 to lowest price of overlaying chart 2. I think, this is nothing you can calculate. It's the decision, you have to make to exec your trade, if you are suspecting, it's the best range. ...

Hedge and Correlation Strategy

Indicator Specialists — SMJones, I'm still admiring, how some people like you is sharing knowledge to forward mental work to the community. I'm no programmer -like some|many others- and appreciate your work and attitude. Thank you! ...

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Stochastic — Peje, agree without restrictions. Using stoch only is inadequate imo. Closing running trades at high/low levels of stochs, as someone mentioned, is contradicting the efforts to get the largest range between the 2 charts. josch

Hedge and Correlation Strategy

Stochastic Signal — Interesting thinking, but is this suitable to replace the look at the charts? I'm thinking about the remaining of the stoch in upper/lower level, when prices are going higher highs / lower lows. I think a look at the chart ...

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Overlaying Chart — Adding to my post above ... checking, I have to admit, Arnold's indicator covers only USD-related pairs, as the name is self-explaining. Dreamliner or others with MT4, what are you using to get the overlaying pairs on the ...

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EURUSD vs GBPUSD — Looks really great. Hope, they will come back to kiss soon! josch

Hedge and Correlation Strategy

Overlaying Chart — Dreamliner, I simply used the ALL_USD_PAIR_V2.mq4, modified and shared here in the thread by Arnold from apr 03, 2009 -> url . No as I mentioned, I was reading the whole thread few weeks ago and consideration behind it ...

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Time Frame? — bsm888, this looks like much opportunities. Which timeframe did you use - and by the way, if you are not using it the 2 shown days only, what would you say, is the roughly duration of a trade? Thank you. josch

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Fixed Scaling — Dreamliner, an overlay-chart GBPUSD|USDCHF with a fixed scaling is attached. As long as the GBPUSD remains in the range 1.65 x 1.50, there's nothing to do. If moving above/below, you have to adjust. josch

Hedge and Correlation Strategy

Fixed Scaling — Dreamliner, I think, most software should be able to do this. I'm using MT4 and you may set the chart to fixed scaling. Again - I didn't try this yet, but using the overlay chart template, which was shared in this thread and ...

Hedge and Correlation Strategy