Thread: Simple High Profit low Drawdown Triangular Arbitrage

92551@JRogerFX
Welcome.
There is no such thing for a newbie question so keep asking and love

Thanks for pointing that out to others, I am sure there are many that will find it helpful as you aren't the first that had this issue.

Just to recap.
Just put in the 3 symbols into the market view, no need to open charts for every symbol.

92551 Jacques,

I have closed those losing trades manually in the morning, providing a chance for new traders. But no new trades despite the opportunities...


It is not possible to open 2 sets of trades (buy-sell-sell and sell-buy-buy) let state randomly, then when the signal comes, shut the winner place or route the profit/stop then reopen them? Only a thought...
https://www.forexforum.co.za/attachm...2014235567.txt

75549@eatrader75
in the event that you manually close the trades then you need to restart the EA.
It isn't smart enough yet to pick up the trades was closed and will wait forever.

Yes it is possible, however they basically cancel out each other so not profit no matter how you look at it.

Do not worry.

An upgrade is coming that might be the answer to our slippage problem.
This EA will work whether the slippage is low or nonexistent, which it isn't.
The new EA must function at any slippage or spread, depending on how much profit you desire.

75549 Jacques,

that I think it needs to explain more my previous thought. The two sets of trades don't imply to cancel each other.
- Right now you open 1 place when the signal appears. According to the signal, you are aware that the GBPJPY-GBPUSD-USDJPY ought to be buy-sell-sell or sell-buy-buy.
- However if you want to use the signal to shut the trades, you want to get ready for both scenarios. 1 pair of buy-sell-sell and one pair of sell-buy-buy. Close only the winner place and reopen them. Another set is waiting for its right signal.

The idea comes out of a lock latency arbitrage website, and I just concentrated on to: Alter the orders opening from the orders closed, and thereby reduce the time of execution and therefore slippage. Http://iticsoftware.com/en/lock-latency-arbitrage.html


I understand, that's different arbitrage than yours, so just a thought...
Exited to watch your updated ea!

Due

75549@eatrader75
Regrettably it will still not function.
I see exactly what you want to do.

Problem is you want to look at the chart.
It attempts to start on the opposite side blue line.
Then near the middle line or the other blue line.

Now which look like a big space, but it's really only a couple of pips which is zoomed in a lot in the chart.
Therefore if you open both trades state in the middle and close it on the outside edges you then make less pip profit.

We are already hitting the wall in regards to slippage so now you've less profit to pay for the slippage.

My first EA was something like this.

BUT BUT I Enjoy small buts

The new EA will Use something like this.
Actually the new EA uses a grid system again, but in addition a unbalanced triangle.
Initial tests appears great.

As for the US and no hedging.

I see no demand ever for hedging, but in the event that you want to use a cool multiple trade close trick Which might be one reason for hedging, but not for hedging and only for closing fast, but this is a story for another day.

I manage hedging with cancelled orders sort of.
If you have a BUY and SELL then you have nothing.
People need that to calculate the movement of the trades usually, but using code that I will calculate the movement with no authentic live trade.
The advantage is smaller sized and less trades and best of all only trades in ONE direction.

So no problem with US no hedging rules for there is not any actual hedging going on in the trades .
Show me a hedge and that I will show you how you can do the exact same or better with no hedge.... Except for this damn awesome close trick, but MT5 have that trick construct in using hedging or no downtime.

75549 Jacques,

As you've mentioned your good results together with the unbalanced EA, thought I could restart the forward testing together with mine. The screenshot shows the last 8 hours of trading (ignore the HEDGE-CLOSE-ORDER in the top report).



Trading with two sets of EURUSD-USDCHF-EURCHF orders independently: buy-buy-sell and sell-sell-buy (from the comment with number 1 and 2). It imitates the Renko chart in a way that I've previously mentioned in #Post 269, by jeuro. You may have an idea how to improve this, or maybe your new update has some similarity.

Edit: I've eliminated an unnecessary line in the setting. Put the EA on any symbol, just 1 chart, any timeframe. Use the following settings for a quicker test:

https://www.forexforum.co.za/general...pile-list.html

755493 Structure (s) Jacques,

The U.S. Nonfarm Payrolls and Unemployment Rate statement made your EA very active now. This profit ought to be in my live account .




Thanks!
https://www.forexforum.co.za/attachm...6227976969.txt

75549

Originally Posted by ;

Jacques, As you've mentioned your great results with the unbalanced EA, thought I could restart the forwards testing with mine. The screenshot shows the previous 8 hours of trading (discount the HEDGE-CLOSE-ORDER in the very best report). image Trading with two sets of EURUSD-USDCHF-EURCHF orders independently: buy-buy-sell and sell-sell-buy (from the remark with number 1 and 2). It mimics the Renko chart in a manner that I've already mentioned in #Post 269, by jeuro. You may have an idea how to improve it, or perhaps your new update has some similarity. Edit:...

Hello @eatrader

what are the type of 3 currency you've taken?
I can see 3 charts so I assume you're running 3x triple hedging system
Correct?

If yes can you kindly write me personally?
tks!

75549@eatrader75
Not a bad week there for you.

Wish I could push the development faster to give you the multi triangle on today with greater stops.
Those stops are significant and sadly not a part of EA19.
The stops prevent a trade opened using a lot of slippage to stay open forever, with a little bit of loss.

Your trade execution speed seem very great with little to no slippage in the logs in contrast to my demo account transactions.
You say that is a live account?
If so then it appears like live is the way to go for less slippage strange enough.

Good luck.



@raffus
This is is just being tested on the GBP triangle, but can operate with any triangle on the market and also at a later EA I'll insert the option to combine many triangles for faster trading with no extra draw-down.

925513 Structure (s) Weekly results. Demo account SMFX. Logs.

https://www.forexforum.co.za/attachm...1517790524.txt
https://www.forexforum.co.za/attachm...1666763204.txt