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"Golden Arches" Project
- Thread starter ElectricSavant
- Start date
Quote from ElectricSavant:
ENTRY LONG
Entry: USD/CHF Long
Trade Decision Criteria met: Daily and 4-hr agreed direction in the CR with a 4 HR. Long DeMarker sig at 0.05 line.
Confidence: 4.0 (0-5 scale)
Spread: 3 PIPS
Price Entered & Executed: 1.2403 Long 23:04 (mst)
Target: (looking for 56 PIPS) 1.2459 (2*4hr. ATR + optimal rounding)
Units: 19,825 (one entry at 3.551% of max units available, according to current basket NAV at a max of 50:1 leverage)
Stop: This trade serves as a partial hedge on open USD shorts
Interest Differential: Positive
Open Trades & Statistics:
30k units of NZD/USD Long @ 0.6943
10k units of GBP/CHF Long @ 2.4437
19,825 units of USD/CHF Long @ 1.2403
UPL = -$375.46, -3.25%
5.4:1 leverage
Balance Banked: $11,553.52. Gain= $343.56, +3.07% ROI
9 days of tracking.
Note: Deposits and withdrawals can take place which does not effect the gain reported, other than trade size and interest earned.
COMMENTARY: Welcome to "Golden Arches". This is a test. Please stay tuned for the new thread 02/13/07.
The current exposure in USD is partially hedged and heavy exposure in short CHF.
I see you've made some minor adjustments to your methodology. i.e. you are now also including agreement of the CR in the 4HR time frame. Another point, you've mentioned that the 5minute demarker is used for all entries across all timeframes but it would seem that you now will use the demarker in the secondary timeframe?
Oh, and about the format, personally I prefer a tabular format, just easier to read I guess...
re: rescaling main chart
Greetings all
I concur with fifo re not being able to rescale the main chart window programmatically. Metatrader scripting language has no means to do this.
On another matter: I have attached a multi-timeframe demarker indicator that I put together to time my entries in the 15-min timeframe. (I also use murray-math for timing...not direction). It may be useful, though probably not on the real small windows that ES uses.
Cheers
Greetings all
I concur with fifo re not being able to rescale the main chart window programmatically. Metatrader scripting language has no means to do this.
On another matter: I have attached a multi-timeframe demarker indicator that I put together to time my entries in the 15-min timeframe. (I also use murray-math for timing...not direction). It may be useful, though probably not on the real small windows that ES uses.
Cheers
Entry: EUR/GBP Short
Trade Decision Criteria met: CR Daily and CR 4-hr agreed in the short direction. Demarker on the 4 HR. was in the strong short zone.
Confidence: 3.0 (0-5 scale)
Spread: 2 PIPS
Price Entered & Executed: 0.6607 Short 19:19 (mst)
Target: (looking for 21 PIPS) 0.6586 (2*4hr. ATR + optimal rounding)
Units: 15,539 (one entry at 3.551% of max units available, according to current basket NAV at a max of 50:1 leverage)
Stop: not yet
Interest Differential: Positive
Open Trades & Statistics:
30k units of NZD/USD Long @ 0.6943
10k units of GBP/CHF Long @ 2.4437
19,825 units of USD/CHF Long @ 1.2403
15539 units of EUR/GBP Short @ 0.6607
UPL = -$158.94, -1.44%
7.1:1 leverage
Balance Banked: $11,558.06. Gain= $348.10, +3.11% ROI
10 days of tracking.
Note: Deposits and withdrawals can take place which does not effect the gain reported, other than trade size and interest earned.
COMMENTARY: Welcome to "Golden Arches". This is a test. Please stay tuned for the new thread 02/13/07.
The current exposure in USD is partially hedged and heavy exposure in short CHF & Long GBP.
Yeah some tests with minor adjustments..thanks!
I think that for now, hedging will tame the DD...there was a poster here that said he traded without stops and used hedging and traded bi-directionally, but I cannot find his post.
Michael B.
I think that for now, hedging will tame the DD...there was a poster here that said he traded without stops and used hedging and traded bi-directionally, but I cannot find his post.
Michael B.
I will be leaving this thread open for a while, as suggested earlier, even after the "Golden Arch's trading gets under way in the new thread.
Everything is as scheduled and planned for 02/13/07.
Stops will be utilizing hedging and exposure mangement. Offsetting losses and profits may be taken together to net out zero profit on a basket of exits..
The different timeframes seem to work and I am partial to the safer and longer timeframes that the Daily and the four hour represent...Also less trading...
ElectricSavantâ¢
Michael B.
17,252 views
Everything is as scheduled and planned for 02/13/07.
Stops will be utilizing hedging and exposure mangement. Offsetting losses and profits may be taken together to net out zero profit on a basket of exits..
The different timeframes seem to work and I am partial to the safer and longer timeframes that the Daily and the four hour represent...Also less trading...
ElectricSavantâ¢
Michael B.
17,252 views
oh well...can't have everything...maybe in the future they will do some upgrades in MT4 and add a check box for a price pane indicator to utilize "view-sensitive indicator scaling"...
Entry: GBP/CHF exited
Trade Decision Criteria met: Limit order executed at 2*ATR optimally rounded
Confidence: 3.5 (0-5 scale)
Spread:
Price Entered & Executed: 2.4514 @ 23:45 (mst)
Target:
Units: all 10,000
Stop: not yet
Interest Differential: Positive
Open Trades & Statistics:
30k units of NZD/USD Long @ 0.6943
19,825 units of USD/CHF Long @ 1.2403
15539 units of EUR/GBP Short @ 0.6607
UPL = -$146.85, -1.28%
5.3:1 leverage
Balance Banked: $11,620.83. Gain= $410.87, +3.68% ROI
10 days of tracking.
Note: Deposits and withdrawals can take place which does not effect the gain reported, other than trade size and interest earned.
COMMENTARY: Welcome to "Golden Arches". This is a test. Please stay tuned for the new thread 02/13/07.
The current exposure in USD is partially hedged.
Entry: USD/CHF exited
Trade Decision Criteria met: Limit order executed at 2*ATR optimally rounded
Confidence: 4 (0-5 scale)
Spread:
Price Entered & Executed: 1.2459 @ 00:16 (mst)
Target:
Units: all 19,825
Stop: not yet
Interest Differential: Positive
Open Trades & Statistics:
30k units of NZD/USD Long @ 0.6943
15539 units of EUR/GBP Short @ 0.6607
UPL = -$218.08, -1.28%
3.6:1 leverage
Balance Banked: $11,710.51. Gain= $500.55, +4.37% ROI
11 days of tracking.
Note: Deposits and withdrawals can take place which does not effect the gain reported, other than trade size and interest earned.
COMMENTARY: Welcome to "Golden Arches". This is a test. Please stay tuned for the new thread 02/13/07.
The trade duration of the NZD/USD has been longer than I had expected, but the entry criteria was in development and this trade was made in the early stages. The Daily CR remains long, but the 4 hr. CR is short, with a DeMarker Sell zone signaling. USD will need a Hedge, to maintain low DD. The max DD seen is -11.59%, in these 11 days of tracking. At 5:00 AM (mst) is the GBP interest rate statement and 6:30AM (mst) the USD unemployment claims.