Hi Gumrai, I like to answer your post by quoting myself: "The demo account is closed as I create a new demo account whenever I develop a new EA version." The reason it that a new EA deals with a trading account in a different way and thus would ...

InsomiaFX Correlation Double Hedge EA

Gumrai, we talk in circles I think. Spread losses are normal, every trade has them. Personally, I don't care about spreads. My background is grid trading with a huge amount of open orders. Any AUDCAD changes are unimportant if you use the 2 Pair ...

InsomiaFX Correlation Double Hedge EA

Hi Gumrai, the screenshots of the demo account which made profits had nothing to do with AUDCAD. 12 Pairs were closed due to correlation profits. 3x 1B had the profit 3x 1A had the profit Thats a perfect example of the correlation swings. Exactly ...

InsomiaFX Correlation Double Hedge EA

Hi Gumrai, great that the EA works now. Before you test it too much, wait for my next release. It will contain correlation as a decision maker to place orders. Also I use only 1 Pair for now to make things easier. With the spreadsheet, don't worry ...

InsomiaFX Correlation Double Hedge EA

Hi Gumrai, the new DLL is now needed as it calculates the correlation for us. If someone knows how to code the correlation function in MQL4, we can remove the dll again. I'm not a good MQL4 programmer Maybe test with a friend who has Win7 or use ...

InsomiaFX Correlation Double Hedge EA

Hi Gumrai, I put this system into Excel, too. A simplified version which skips Spread, Swap, Pip Differences and Margin Differences. As these factors are minor compared to the huge impacts of correlation swings. A couple of things learned: - This ...

InsomiaFX Correlation Double Hedge EA

As you will remove the Double hedge by closing two longs there is basically no need to have 2 Pairs. So lets run this with 1 Pair only. Once you sell the long the balance will increase but equity won't. In fact the drawdown could be much higher now ...

InsomiaFX Correlation Double Hedge EA

This EA is for code review only, don't throw on a demo account. New: 1) extern double VAR_EquiTP = 1000.00; // 0 = OFF, IF BOTH PAIRS GENERATE AN EQUITY PROFIT HIGHER THAN VAR_EquiTP, CLOSE ALL OPEN ORDERS AND RESTART It should be quite seldom that ...

InsomiaFX Correlation Double Hedge EA

Hi ronald, this system should work with any pair which has a strong correlation in any direction. However we still need to learn a couple of things: - order entry points are not clear yet, we just know that random entry points like now do not work ...

InsomiaFX Correlation Double Hedge EA

Attached the DLL with a correlation function. The DLL code is in C++/CLI // CALC CORRELATION OF CURRENCY PAIR // +------------------------------------------------------------------+ extern "C" double GET_CORRELATION(double* a, double* b, int c) { ...

InsomiaFX Correlation Double Hedge EA

Btw, hey Gumrai You went silent but we need your skills here to improve the system. Lets forget about lot adjustments for a while. How can we offset net exposure in a correlated double hedge with 2 Pairs ? Is it correct that we have to hedge the ...

InsomiaFX Correlation Double Hedge EA

Hey djnato, thats cool that you do some research here ! Thx for that. And you are right. Like I wrote some posts above, we need to figure out the right situation to places orders. Right now its kinda stupid, and results in Pairs being stuck with ...

InsomiaFX Correlation Double Hedge EA

Yes, good catch ! Fixed below: file

InsomiaFX Correlation Double Hedge EA

In the OP its written: "Broker compatibility: The EA calls currency pairs like "AUDUSDm". Replace the "m" in the EA with your brokers code." If you have trouble with EA coding plz ask the guys in the Platform Tech Forum to help you: url Otherwise ...

InsomiaFX Correlation Double Hedge EA

Do you use Exness ? url If yes, you need to open AUDJPY and attach the EA to that chart. For all other brokers you need to change the currency pair code as explained in the OP.

InsomiaFX Correlation Double Hedge EA

Every pair that gets closed will be recreated instantly unless that's prevented by the VAR_DDLimit parameter to avoid huge drawdowns. Net exposure to AUDCAD is relevant over the long term only if a pair won't close for weeks or so. Look how much ...

InsomiaFX Correlation Double Hedge EA

Next I will extend the DLL to calc the correlation for us, so we can test different order entry points. Should be ready in a couple of days. How to calculate the correlation coefficient ? url I like C++/CLI to code MT4 dll's. The correlation code ...

InsomiaFX Correlation Double Hedge EA

Hey Gumrai, nice to see you here. The system is called "Correlation Double Hedge" not Double Hedge. We want the double hedge to remove margin and thus have more money to survive drawdowns. Swap is negative, yep. But you can run this with ...

InsomiaFX Correlation Double Hedge EA

EA Updated and posted only here: Option to limit Drawdowns when 2 Pairs are used Option to trade only Pair 1 alone Lets discuss the new Parameters: VAR_DoubleHedge = true When enabled, both Pairs will be traded. There will be no margin ...

InsomiaFX Correlation Double Hedge EA

Pepesan, this EA eliminates any impact of direction changes of the market. In a simplified way, CADJPY can be around 1:100 today and 1:345 tomorrow. We don't care. Profit is taken due to correlation swings. So this EA cannot be on the wrong side of ...

InsomiaFX Correlation Double Hedge EA