New EA MULTIPLE PAIRS HEDGE TRADING EA

This is the Martingale.

 

I am don't like with martingale system because too extreme strategy, but if hedging strategy might still safier than martingale
but using multiple pair also will making spread higher I think

 

Very nice robot.
Thanks for sharing..!

And it is for sure no Martingale !

 

Please.. how can i know when the correlation is perfect for entry in trade?

 

Can you explain me how to use it?

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The developer explained it a lot normally..
Please read..)
It is about correlation of different pairs.
If one pair goes into loss, the other both go in profit etc.
You put in the EA to 1 chart of a group of 3 pairs. then normally 1 pair as sell and 2 for buy or contrary.
You can use only one group or more.
I am trying out now the "hard way" with 4 groups of 3 pairs each on a 10k demo.
TF is H1 and i use 1 lot, which perhaps is a little bit risky and changed "TargetPips to 13"
I have doubled my balance in one week.

But i am still worrying what will happen, if we get a longer market movement..
Sometimes all 3 pairs go into loss and then it is difficult to come back into profit.
So i don't know if it works for long term, but now it looks very good...
(You also can stop after a fulfilled daily profit)

Perhaps we find other better settings here or also a programmer who probably add a grid or something like that, just if one price moved too far away..)
This are my groups: (just take one or more groups regarding your risk or equity)
1. Group: EURUSD sell
EURJPY buy
USDJPY buy
2. Group: GBPSD sell
USDCAD buy
GBPCAD buy
3. Group: AUDUSD sell
USDCAD buy
USDJPY buy
4. Group: EURUSD sell
EURGBP sell
USDCHF buy
This is my result in demo (Roboforex real prices), starting at 8. November with 12000 k balance, now 28.500



This are my currently floating (which seems to be normal..)

 

thanks for sharing..will test it.

 

So We must attach this ea in all pair and set long only or short only? If so how attach the ea?

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Please read and try out by installing:
"You put the EA to 1 chart of a group of 3 pairs. then normally 1 pair as sell and 2 for buy or contrary."

If you only use less groups than all 4, then probably better take the EURUSD groups.

 

Ok very thanks for your information net profit. I'll try it on demo account.

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i feel daily one trade, once you get profits, just close the e.a, it is 100 % profitable

 

dont over trade, just see the markets, start trade, trade once, definitely you get gain, and logout from system, my friend did continuous 16 days from october 1 to october 30, he get results of 14 profits, and he closed 2 trades manually in loss, net result he gained more than 200 usd for his capital 3000 usd, he did and tested in smaller qty lots 0.02

 

I remember again, my ea is not martingale. It is based on correlation, you have to select pairs and trade, if you get profit you close the day trade. You can use any info or any indictor for entry purpose

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dear netprofit
i m using your combination of 4 x EA, so 12 trades simultaneously with 1k demo with base lot of 0.10; after a good initial start up, i made + 27,1 % during the night , my balance is €1271
Today the floating point was oscillating from - €600, (so my equity was 50%) and -€150.
Maybe some suggestion to give me to my skype id? Raffaele.vianello1972

thanks a lot

 

This is my review for this thread:
Very nice EA. It works fine on Demo. But when i try to change the Pairs on Live Account, he didn`t open all 3 Pairs.
I get an Error: unkown Symbol.. AUDJPY (for Example)

 

Probably a suffix ? must change the names of the pairs to AUDUSD.e for example

 

Hi guys,
but beware there can be a problem with this EA
I thought more it would be correlation, so that the pair in a group go against each other, but in the end they go all in the same direction, profit or loss all,
if you have a trend.
So if USDJPY goes down and you have it in a group as "buy" the other 2 pairs also get loss!
And if the trend don't come back you get a problem...., you have no chance with your floating loss...((

So it should be used as the author told: always look in the morning for the possible day trend and then use this direction.
You can't run it all the time day and night..

(very bad, although i had 300%in 2 weeks.. But it was luck in a sideway market )

 

check my new EA
https://soehoe.id/new-ea-ahsaas-basket-trader.t1611/page-4#post-133468

 

really good..
by the way..
how to check corelation?
AUDUSD/USDCAD/USDJPY on night. good profit.
but on day. high dd.

 

Hello. How is your strategy and testing going?
I am not sure what you are saying. For example if I was to test these pairs:
Sell: AUDUSD
BUY: USDCAD
BUY: USDJPY

I would also:
BUY: AUDUSD
BUY: USDCAD
SELL: USDJPY

I will set it up on a demo this week and see how it trades.