Disliked{quote} If you are short UJ then you are -USD +JPY if you are long EJ then you are +EUR -JPY so in total you are -USD + EUR so you could just trade the EU is what is inferred.Ignored
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Disliked{quote} If you are short UJ then you are -USD +JPY if you are long EJ then you are +EUR -JPY so in total you are -USD + EUR so you could just trade the EU is what is inferred.Ignored
Disliked{quote} Thanks for the summary . How about the result using this strategy josch? thanks for your helpIgnored
Disliked{quote} Strategy work on 1 H chart, Zscore ea with setting period 200, pairs higtly positive correlated Put on another windows an EA which close all trades when profit is 100 ( I use 100 with eight pairs at 0.1 lot) When EA close the trades you have to close and reopen metatrader and Zscore will reopen the trade if dev is > 2 EURUSD GBPUSD. AUDUSD NZDUSD GBPUSD AUDUSD EURJPY USDJPY EURUSD NZDUSD EURUSD AUDUSD EURJPY CHFJPY EURJPY GBPJPY For all pairs I keep the same magic numberIgnored
Disliked{quote} When did you start testing this and what is the result till now? What max DD you have seen?Ignored
Disliked{quote} {image}I use 16 pairs. max dd 150 lot 0.1 I use a second EA for close profit of the basket at 50 USD I have modified the levels of zscore at 2.5 minimum instead 2. If you give me an email I will send you pairs EA, modified and EA for take profit I attach statement from 24 november ( the first trade is another strategy)Ignored
Disliked{quote} Hello Pierre, Please, Could you send me the Ea modified to [email protected] ? Thank you very much in advanceIgnored
Disliked{quote} This is how I use ZSCORE EA with profits This system give me 700/800 profit every month with one broker deposit 5000 lot 0.1 I use 2 brokers with tight spread 1 Open Metatrader and disable autotrading 2 put the charts and order.wnd in a directory of profile (you can call it ZSCORE) 3 put the 2 ea in the experts 3 and reopen Metatrader 4 Open the profile ZSCORE. Check the EA "close at profit" is setted at 50 profit if your account is in USD or 33 if in GBP. No stoploss 5 Enable autotrading thats all I attach zscore ea with modified levels;...Ignored
Disliked{quote} my last statement with 0.05 lot from 30 november to 8 december and after with 0.1 lot {image}Ignored
Disliked{quote} Thanks for your all info given. Can I ask how you manage if markets move a lot of pips like 200/300 or even 1200 pips in a month? Still the basket is manageable?Ignored
Disliked{quote} If market move and I go in DD, I babysit the EA and begin close the double pair in profit, but after 2 month of test with the 16 pairs (I tested as to 32 pairs)the max DD was 250 GBP with 32 trades opened. after 1 day closing pairsin profit, 6 pairs remained opened in DD and after 24 h were closed by the EA Close at profit. when you go in big dd you have to babysit the ea This is my experienceIgnored
Disliked{quote} Hi: Thanks for sharing. May I ask couple of questions? When I see your statement, there's positions closed when it is in negative. Did you close it manually? If so, how do you determined which positions to close at what SL? You have 32 pairs opened and you closed all in profit and left with 6 pairs in DD. So, I don't know what is the criteria for closing positions in negative.Ignored
Disliked{quote} Sometime I manually close a couple of pair always in positive ( one positive for 20 and the other one negative for 10 for example) couple of pairs are hedged then risky close only one no stoploss. I take a look to my vps every 3 hours and if I see a couple of pair with profit (ie nzdusd and nzdjpy) I close the couple of pair but never I close only one. Couple of pairs have the same magic number. putting the mouse on the trade you can check the 2 pairs with the same magic number and if in profit you close the 2 pairsIgnored
Disliked{quote} wow. you are using 2EAs and also intervene manually. That's a lots of work. lol But, it works for you, so great!Ignored
DislikedThanks for sharing...But,why is it 5 EU,3 EJ and 2 GU under the profile?Ignored
Disliked{quote} .................... So, I don't know what is the criteria for closing positions in negative. Also, this strategy that you are sharing really has nothing to do with Hedge and correlation, correct? The reason I asked is, Zscore opens order in Grid fashion. So, I don't know if using zscore to open positions has anything to do with hedging/correlation.Ignored
Disliked{quote} fx4_ever, all the pairs are more or less positively correlated (the pair you see on the metatrader window and the correspondent pair you see opening the EA) I tested as to 32x2= 64 pairs . these 16 pairs have the smallest DD . I attach the last DEMO forward test with thinkforex The EA calculate the mean correlation for 200 period x 1 h between 2 pairs and if the divergence is bigger then 2.5 open countertrend 1 trade with the 2 pairs , and continue opening trade every time following levels are triggered The modified levels are 2.5, 3.1,...Ignored
Disliked{quote} Thanks for the info. Make sense now. I don't know how you do this the way you do. I can't even imagine monitoring 64 pairs. I guess if you do this everyday, you can get used to doing it. I noticed from your attached statement, opened positions have multiple orders open exactly same time, same price. Is that normal? You said you are using VPS, so I am wondering if your session to VPS creates multiple orders.Ignored
Disliked{quote} the pair are 16 coupled (inside the EA) with others 16 pairs When there is a news (NFP for example) and there is a BIG SPIKE the 5 levels sometimes are triggered at the same time and 5 couples of trades are opened at the same time (= 10 trades) I take a look 3/4 times (ten minutes) a day and when I see a couple of pairs with same magic number in profit I close the couple of pairs The EA close also the couple of pairs with same magic number when the level come back to 0 And the close profit EA close the basket at 50 USD profit Very simple...Ignored