More thinking... — This EA appears to be meant to be trades with both trade1 and trade2 as true, which I know isn't default, but think about this...When this EA is started, immediately it opens the first basket of trades, which would be BuyEU, ...

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could you post an account summary, please? And when you say one direction, does that mean one direction at a time? in other words on trade sell GU, buy EU, until closed in profit, then the next trade set could be buy GU, sell EU? or is it only one ...

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ADR vs. LOT SIZES — Just so you all know, for my manual strategy, I use equal lots of EU and GU, so 1.0 buy on one 1.0 sell on the other, because a pip is $1 on each.

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you are good! that makes sense to me...somebody willing to try this?

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Also thebritish gov't has laws about the pound keeping within 6% of euro's movement, which kept by central bank...this is not smart, because when the mark fell hard in 1992, they removed this requirement, and Soros made big bucks shorting the pound, ...

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Marijan993 is right, use forex ticket to find correlation for any combination of pairs, you'll see that short term, like 5 min is almost always out of correlation for EU/GU pairs, but at weekly, it is 0.80, or 80% which is what we want...now, could ...

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The whole point of stat arb/pairs trading is the expectation that one of the pairs loses, but the other profits more, so net profit...the pairs are entered at a gap and then they can go up, down sideways, whatever with no change in bottom line P/L, ...

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if you look at Dirtybrown's last account statement, all those open trades are orphan trades, some are just single pair, others were opened and never came to TP, probably opened in wrong directions... It may be true about EG going down, but ...

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IMHO, the EA should never have opened those orphan trades, they are backwards, aren't they?

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the two last posts I think make good sense, this EA may work great if started with the best timing, and if we can modify it to just take only up to 5 trades max at one time, no orphans. I might work good enough this way to start it once over once ...

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Great results, Paulss's! The only reason for the DD is the same thing we are trying to figure out: You have 45 open trades, which is 22 (and 1/2?) "baskets" ...umm we need to figure out why that isn't being limited to 5 (10 total trades), like the ...

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Anybody is welcome to PM me anytime!

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Thanks for your reply, dirtybrown, and first the 15 pip spread was just a suggestion, sorry, didn't mean to make you think you needed to do anything either way, I don't think that or the power problems matter as far as what I'm finding, which is:1. ...

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Serious Questions — Okay, please read this post carefully, as I have dug into everybody's results and comments and am summarizing and then asking questions... Dirty brown, on your first account detail post on this EA, it shows trades going ...

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Only for your back testing purposes, if you can code the EA to open the actual trade in EG as single pair directional trade, using "phantom trading" for the trades it does currently, in other words, phantomize the current trades it does, while ...

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-CHARVO It does seem very difficult to translate true correlation into code, but this EA sort of is on to something...I was brainstorming about this a while back...thinking that if at any given time, if I opened opposite trades on a demo account ...

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so you have trades a couple days old, dirtybrown? just today I just closed a trade that started at 11:00am CST, the one I posted a bit about, with 14 pip profit, including spread taken away, closed at 1:10pm CST.

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are you saying, dirty brown, that the EA is opening more than the two pair trade at one time? Isn't it supposed to wait until spread widens another 10 or if you changed it, 15 pips? I also thought there is a max open trades command that you could ...

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to trade my manual strategy, I highly recommend you read the baby pips thread, stat arb pairs trading strategy by kelton, it's very simple.

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Not to diverge from this thread, which is probably just for this EA, but a programmer on the baby pips thread just posted a semi-manual EA, which you decide when to enter the trade, and then it has your pre-programmed criteria for closing the trade ...

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