Multiple systems opposite direction

Vampire305

Tham gia từ Oct 08, 2014 1bài viết

Jun 04, 2015 at 07:22

Tham gia từ Oct 08, 2014 1bài viết

Hi community!

I just set up a demo account and figured out, that multiple systems trade the same underlying in opposite directions.
Like System 1 is EURUSD Long, System 2 is EURUSD short. How would that be managed on a live account?

Thanks for your help.

The Trader yet needs money at the end of the learning curve...

theHand

Tham gia từ Sep 20, 2014 342bài viết

Jun 04, 2015 at 19:35

Tham gia từ Sep 20, 2014 342bài viết

Just open a demo account on any non US MT broker and do the trades. You end up hedged. No risk, no profit, just the loss of the cost of opening two positions.

If you want to run the systems via EA just magic number the trades. There's really no limit to how many systems you can run in a single account.

And it doesn't work. Instead of hedging what happens is you build up losing positions of both sides of the system. There are quicker ways to lose money in fx, but not many.

Professor53

Tham gia từ Dec 15, 2010 784bài viết

Jun 05, 2015 at 06:52

Tham gia từ Dec 15, 2010 784bài viết

Just set the ea on correlation pairs or negative and set one to buy and the other to sell only if you wanna demo test. I use it.. see my most recent demo chart. Im gridding both directions

Click on my Name to see My Live Charts and Bio.

theHand

Tham gia từ Sep 20, 2014 342bài viết

Jun 05, 2015 at 06:57

Tham gia từ Sep 20, 2014 342bài viết

@Professor53

Correlations fail, all the time.

Professor53

Tham gia từ Dec 15, 2010 784bài viết

Jun 05, 2015 at 08:03

Tham gia từ Dec 15, 2010 784bài viết

theHand posted:
@Professor53

Correlations fail, all the time.

Im using negative correlated pairs. Plus a third EA to manage my profits and it has a SL set that works great. Its a fun 5k demo start up.

Eur/usd versus USD/Jpy Im using my Own home built smart gridder . FIFO compliant

Click on my Name to see My Live Charts and Bio.

starjumfx

Tham gia từ Jan 24, 2015 1bài viết

Jun 05, 2015 at 08:07

Tham gia từ Jan 24, 2015 1bài viết

my doubts are similar to that proposed ud

Professor53

Tham gia từ Dec 15, 2010 784bài viết

Jun 05, 2015 at 08:08

Tham gia từ Dec 15, 2010 784bài viết

starjumfx posted:
my doubts are similar to that proposed ud

Yes, gridders are dangerous but fun tgo observe and set up. I have my own EA set file and a third EA for managing and resetting both EAs. GOing to be a fun demo ride.

Click on my Name to see My Live Charts and Bio.

Sandex780

Tham gia từ Jan 27, 2015 1bài viết

Jun 05, 2015 at 08:10

Tham gia từ Jan 27, 2015 1bài viết

good comment thehand

MHO_ProFXManager

Tham gia từ Jun 04, 2015 29bài viết

Jun 05, 2015 at 14:35

Tham gia từ Jun 04, 2015 29bài viết

you can hedge async, like eu buy 1 (neg. swap), eu sell >1.xx, if the eu drops, you win, if eu rise you can build a grid, open martingale or similar, depending on your strategy and equity

so if you dont know, every system is dangerous, if you adv. knowledge, you can go with grids, martingale and so on...big boys doing the same..

my2c

EURUSD	1.13499	GBPUSD	1.33099	AUDUSD	0.63559
USDJPY	142.849	USDCAD	1.38537	USDCHF	0.82346

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