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Attachments: Red News Hedge Trading + EA
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Red News Hedge Trading + EA

Quoting zularizal
{quote} Hi Math, can I use this ea without news?
Yes, you can use it to open two positions without waiting for any news.
I know what I have given you, but I do not know what you have received.
Version 1.74 of the EA released (I updated Post 1). This version is compiled with MT4 build 1170.
I know what I have given you, but I do not know what you have received.
Quoting MathTrader7
Version 1.74 of the EA released (I updated Post 1). This version is compiled with MT4 build 1170.
My MT4 is also version 1170. Unfortunately, when loading your EA, I was prompted to upgrade it. Incompatible?
  • Post #384
  • Quote
  • Edited at 9:22am Feb 1, 2019 4:03am | Edited at 9:22am
Quoting luogen
{quote} My MT4 is also version 1170. Unfortunately, when loading your EA, I was prompted to upgrade it. Incompatible?
I hope not! :-)
Mine is build 1170, I will see what happens when my MT4 platform upgrades...
I know what I have given you, but I do not know what you have received.
Quoting MathTrader7
{quote} I hope not! :-) Mine is build 1170, I will see what happens when the MT4 platform upgrades...
Hi I will check this when i get home on Monday
[quote = MathTrader7; 11952127] {quote}我希望不是！:-)我的构建是1170，我会看到当我的MT4平台升级时会发生什么... [/ quote]
Emmm loading EA occurs this way
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Quoting MathTrader7
{quote} I hope not! :-) Mine is build 1170, I will see what happens when my MT4 platform upgrades...
I have also build 1170, and I got also a error :
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Quoting El1000
{quote} I have also build 1170, and I got also a error : {image}
I am working on a new version with integrated currency strength meter into the EA. I will release a new version to fix this issue.
I know what I have given you, but I do not know what you have received.
Version 1.75 of the EA released (I updated Post 1). This version is compiled with MT4 build 1170 (bug fixes).
I know what I have given you, but I do not know what you have received.
Quoting MathTrader7
{quote} I am working on a new version with integrated currency strength meter into the EA. I will release a new version to fix this issue.
How does the integrated currency strength meter work? thanks
Quoting MathTrader7
Version 1.75 of the EA released (I updated Post 1). This version is compiled with MT4 build 1170 (bug fixes).
Thank you very much MathTrader7, now it's working fine
Quoting MathTrader7
Version 1.75 of the EA released (I updated Post 1). This version is compiled with MT4 build 1170 (bug fixes).
Hello MathTrader7 I am using this current version and I noticed that once I place a hedged trade and either change timeframes or log out and then log back into my mt4 account that the EA no longer seems to track the pips of the hedge trade I just placed. You cant even use the EA to close the trade with the close all button any more. Is this suppose to happen? I kind of like how it was keeping track of the pips I was am winning and losing.
Quoting Checkz
{quote} Hello MathTrader7 I am using this current version and I noticed that once I place a hedged trade and either change timeframes or log out and then log back into my mt4 account that the EA no longer seems to track the pips of the hedge trade I just placed. You cant even use the EA to close the trade with the close all button any more. Is this suppose to happen? I kind of like how it was keeping track of the pips I was am winning and losing.
The EA is designed for being used for a short time during red news release which we usually do not restart the MT4 platform, or change the timeframe of the chart.
I know what I have given you, but I do not know what you have received.
Quoting MathTrader7
{quote} The EA is designed for being used for a short time during red news release which we usually do not restart the MT4 platform, or change the timeframe of the chart.
Okay thanks
Quoting MathTrader7
{quote} 1. If the correlation is positive, we only use either BUY/SELL or SELL/BUY 2. If the correlation is negative, we only use either BUY/BUY or SELL/SELL - Let's assume that we have selected EURUSD and USDJPY with a negative correlation of -0.85, and we want to trade a high impact red news of USD. How do I make a decision to trade the news? - I look at a few currency strength indices (including fundamentals) to predict which currency, EUR or JPY is more powerful at the time of trading. - Let's say that it is JPY. In this case I will use SELL/SELL...
Can we go for buy/buy also?
Does the EA calculate lot size automatically?
Quoting kudafoolhu
Does the EA calculate lot size automatically?
In the early versions it does but in the newer versions it is all up to the trader to enter the lot sizes for the main and the hedge symbols.
I know what I have given you, but I do not know what you have received.
Quoting MathTrader7
{quote} In the early versions it does but in the newer versions it is all up to the trader to enter the lot sizes for the main and the hedge symbols.
How do we calculate the lot sizes?
Quoting kudafoolhu
{quote} How do we calculate the lot sizes?
Basically you need first to find out how much a point of the main and hedge symbols worth in your account currency. Then look at ADR (Average Daily Range) values for both symbols and calculate lot sizes based on these values. Note: do calculation based on the assumption that what would be the profit/loss if the price of the main and hedge symbols goes to X and Y values given Lm and Lh lot sizes for the main and hedge symbols.
I know what I have given you, but I do not know what you have received.
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