@Nicholishen Thanks for the information and I will definitely look into the material you supplied me. I am still not at the stage where I can go live, but I am almost at the stage where I can start running on demo accounts with hopefully realistic ...

Simple High Profit low Drawdown Triangular Arbitrage

@crashout Thanks. I actual improved profit since previous post by 50% and draw down decreased by 5%. I still insist you NOT use the EA on a live account yet. I can monitor the EA and compensate for any unforeseen problems while the current EA is ...

Simple High Profit low Drawdown Triangular Arbitrage

I had an itch to scratch. Some interesting findings. I tested the leverage affect. Keep in mind that this version of the program is a few versions newer than the one in post #1. I will add it or a better version a bit later. Unfortunately my account ...

Simple High Profit low Drawdown Triangular Arbitrage

@GregOr I will try others later. I first want to get this program finished and stable by focusing on one triangle. The program is already compatible with EURJPY EURUSD USDJPY and any others, but I am already struggling to do all the coding inbetween ...

Simple High Profit low Drawdown Triangular Arbitrage

@!iii! I know, but as I said I see that 300ms - 400ms delay as a good thing for testing purposes. Similar to slippages. By the time the buy/sell order reach the broker the price has most definitely changed. Therefore I see this as worst case ...

Simple High Profit low Drawdown Triangular Arbitrage

@!iii! Thanks and thank you for your input

Simple High Profit low Drawdown Triangular Arbitrage

@!iii! I realise there is lag and slippages, but I do not have funds to go live so my only options are backtesting and demo. Unluckily or luckily my demo account has got a 300 to 400ms delay, so at least that will test a bit of slippage. Lot sizes ...

Simple High Profit low Drawdown Triangular Arbitrage

@savanhws Before I open an position I save the current equity/balance. Called EQUITYSTART. I then hold the position until in profit. If not profit for 5 days then I check what the lowest point was during these 5 days. The is a running 5 days so I ...

Simple High Profit low Drawdown Triangular Arbitrage

@!iii! It will be sorry if this do not work, but here's hoping. I'm like a dog with a bone and this bones tastes juicy If it turns out to be a plastic bone I will still have fun. I have now tested using 2 brokers and both make profit, all be it a ...

Simple High Profit low Drawdown Triangular Arbitrage

@!iii! I will look into it later once this strategy is implemented fully and the EA is stable. Thanks for the advice. I'm only betting on imbalances once to exit in profit, and my EA does cater for the times is does not happen to exit with as little ...

Simple High Profit low Drawdown Triangular Arbitrage

@spyderman Thanks spyderman. My ForexFu is weak @!iii! 1) I am already doing that to a point. I am more just calculating the average spread over time and get in if below average. 2) If I understand correctly then I am already doing that along ...

Simple High Profit low Drawdown Triangular Arbitrage

@dagoods Not sure what EJ and GU is. Problem is that you never know ahead of time exactly what the start loss is as there is slippage involved. Sometimes it is below 10 pips and others above. The reason I include it in the profit calculation is just ...

Simple High Profit low Drawdown Triangular Arbitrage

@!iii! You are correct and I have a lot more testing and work to do to get this to work. One thing I build into the system is that it must be about to handle large slippages. Problem is if the slippage/delay happen during the closure of the 3 pairs, ...

Simple High Profit low Drawdown Triangular Arbitrage

@dagoods At the moment I close when the profit equals the starting loss (spread+commission loss) PLUS ($0.5 per 0.01 lot on the GBPUSD symbol). Profit is seen as anything above what the equity was before I opened the first position(remember I can ...

Simple High Profit low Drawdown Triangular Arbitrage

@shiva Where can I find more information on these rebates ? Remember. My expertise lie in programming and mathematics. Not in forex. This strategy is just perfect for the math side of me and the EA for the programming side. OK I do have a few years ...

Simple High Profit low Drawdown Triangular Arbitrage

@EeZeeTrader For some reason is there no commission and very high spreads and very high swaps on the demo account I opened at FXPRO. This is compared to my fxchoice accounts. According to their website they do charge commission and have low spreads ...

Simple High Profit low Drawdown Triangular Arbitrage

@EeZeeTrader Wel Hallo daar. Nogals lekker om 'n ander Suid Afrikaner hier te sien @dagoods I agree. The answer for anything complicated and boring

Simple High Profit low Drawdown Triangular Arbitrage

@spyderman Thanks. I will adapt my EA to detect swap and compensate. Should not be too difficult seeing swap make for an EXTREMELY small part of the profit. Just be aware that the current EA does not cater for high swaps and will DIE. As ...

Simple High Profit low Drawdown Triangular Arbitrage

@shiva Attached is a picture of the tester. Open metatrader-->view-->strategy tester Pic the options the same as in the bottom tester part of the picture or make adjustments as you require. I also attached an EA I made to show the affect of ...

Simple High Profit low Drawdown Triangular Arbitrage

@shiva Thanks shiva. I will rather then not include any links. My goal is in any-case for everyone to benefit from this and I must say I have seen a lot of shortcomings in the EA which I must look into thanks to this thread. Still. The theory ...

Simple High Profit low Drawdown Triangular Arbitrage