How to make trades on the market in a new MM? - MQL4 and MetaTrader 4

che 2006.10.01 20:33 #21

OK THANKS

so gbpjpy /// chfjpy use a ratio

gbpjpy lot=1

chfjpy lot =1.8

and i understand its better enter when gbpchf bollinger bands are botton

this EA study those parameters?

kokas 2006.10.01 20:41 #22

the only technical indicator that we have inserted is correlator, that show the actual correlation between the two currencies. If this is enabled is will only put the trades when this value is between some values.

In the case of that two currencies we need to put the trades on the market when the indicator is somewhere above 0.8, because the two currencies have a high positive correlation. this means that when they are moving together put the orders and on divergence it will take the profits if any, or carry the positions until they are in profit.

Another improvment that can be done, is to insert any trend indentificator, to put only trades when currency 1 is rising (if long). this is only another ideia.

But any other idea should be considered (and coded eheheh)

thanks

Parabolic SAR - Trend Fractals - Bill Williams' Fractals - Bill Williams'

cturner 2006.10.01 23:00 #23

lol glad to see we have a third person in on this topic che!! kokas i almost have mm to point where i can post it and we run on demo. it ain't pretty but seems to work ...well works sometimes. lol

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kokas 2006.10.01 23:05 #24

yeap soon we will conquer the world ehheheh

glad for MM what kind of MM are you implementing? great you continue the EA.

I'm testing it real with IBFX. as soon as I get some results I'll post it.

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che 2006.10.02 08:55 #25

ok KOKAS

thanks

i start gbpjpy///chfjpy

lots=0.1

i will report statemets

che 2006.10.02 08:57 #26

kokas

please do you have the indicator correlator to put on the graph ?

kokas 2006.10.02 09:35 #27

Correlator Indicator

You can find the indicator at post 11 of this thread.

Hope this helps...

che 2006.10.02 10:42 #28

Kokas

thanks

so we use the indicator on h1 ? or day ?

kokas 2006.10.02 10:46 #29

Hello Che, until we got an answer from Igorad I do not know what to recomend you.

I'm running on M1 and H1...

che 2006.10.02 14:07 #30

OK CTURNER AND KOKAS

i like a lot this ea

hedge ea v 2.2

i start 4 demos

5k miniaccount ibfx

200:1

h1

lot=1

gbpjpy//chfjpy .... buy/sell...the best swap

gbpusd//usdchf.... buy/buy.. 80%correlations

eurusd//usdchf.... buy/buy.. 98%correlations

gbpusd//eurusd... buy/sell

maxloss=0

Permitted volumes of trading Trading Principles - Trade Trading Principles - Trade

HedgeMultiCorrelation needs help - page 3