fix
logo

Ultra Hedge *Beta* - JPow

Avatar
Jerome Powell
  • updated
  • Running LIVE

Hi Guys,

I´ve been working a new system lately. An ultra hedge system. What does that mean I will explain soon: 

Well, rates are rising globally. This will lead to alot more volatility for forex because it´s getting more interesting to park money in cash. Our martingale system needs to become more well-conceived.So I developed this setup. 

We working with different Phases and the same pairs. What I got so far; 

Pairs are marked as: N = neutral / S = Sell / B = Buy 

Phase 1: CHFJPY (N) / EURCHF (S) / EURJPY (B)

Phase 2: GBPCHF (N) / CHFJPY (S) / GBPJPY (B) 

Phase 3: USDCHF ( N) / EURCHF (S) / EURUSD (B)

Phase 4: EURUSD (N) / USDJPY (S) / EURJPY (B) 

All simple, its just Stochastic who either buys or sells. The (S) part is just reversing the signal. The "N" is the decision maker. So it´s supposed 

to 2 vs 1 (the hedge). 

This backtesting is hard and not really possible so I set up a live signal: https://www.mql5.com/en/signals/1745827?source=Site+Signals+My

Any suggestions for improvements? Is it possible to connect the the pairs for each phase? ( maybe via the magic number?) So it closes every phase individually. Of course the "Phases" can be expanded to more pairs. 

Anyway here are the sets.

 Ultra Hedge.zip ( the magic number need to changed for every pair) 

MT version:
Set for MT5 only
EA version:
2.48
Symbol:
Mulitple
TimeFrame:
M5
Replies 684
Avatar
0
md mijanur rahman
Quote from lance white

Hey Jerome,  Good stuff, thanks for that.  Yes, that's how things are; concept and execution sometimes differ.  I was trying to get my own hedging setup going, but you are really showing the way with this.

Regards, Lance

Dear Lance / Jerome Powel,

Thanks for the good set up. Here is my opinion thats if we set individual magic number for each pair then how can they recognize to each others to protect the account if happing the catastrophic movement ? At least if we use same magic for each pair then they will try to recognize their phase and will do thats.

Its my personal opinion so if i wrong then pls correct me and advice which one will good for us.

Thanks in advance for your kind reply !

Avatar
1
Jerome Powell
Quote from lance white

Hey Jerome,  Good stuff, thanks for that.  Yes, that's how things are; concept and execution sometimes differ.  I was trying to get my own hedging setup going, but you are really showing the way with this.

Regards, Lance

Thank you Lance!

I mean its a beta for now, lets see how it will survive the next weeks and months and then take it live or not. 

Avatar
0
lance white
Quote from Jerome Powell

Hi Lance, 

the function of the magic number is to let the community power EA  know which trade belongs to which setup. So each currency chart needs an individual magic number. At first I though its might possible to connect every phase by using the same magic number but I suppose it does not work like that. So yes every chart of that twelve charts need an individual magic number. 

Hey Jerome,  Good stuff, thanks for that.  Yes, that's how things are; concept and execution sometimes differ.  I was trying to get my own hedging setup going, but you are really showing the way with this.

Regards, Lance

Avatar
0
Jerome Powell
Quote from lance white

Hey Jerome and MD,

Also trying to understand the Magic Number setup. Are magic numbers supposed to be the same for the three phases of matching pairs?  Or is there some other mechanism at work?

Thanks again Jerome for this.

Regards,

Lance

Hi Lance, 

the function of the magic number is to let the community power EA  know which trade belongs to which setup. So each currency chart needs an individual magic number. At first I though its might possible to connect every phase by using the same magic number but I suppose it does not work like that. So yes every chart of that twelve charts need an individual magic number. 

Avatar
0
lance white
Quote from Jerome Powell

Thank you, I really appreciate it! 


Well every Phase is there to protect the whole system and account from an high DD. So far it managed to do that. JPY was very volatile lately and it didnt affected it that much. But yes maybe ecery Phase itself can work too. 

Hey Jerome and MD,

Also trying to understand the Magic Number setup. Are magic numbers supposed to be the same for the three phases of matching pairs?  Or is there some other mechanism at work?

Thanks again Jerome for this.

Regards,

Lance

Avatar
0
Jerome Powell
Quote from md mijanur rahman

Dear Jerome Powel,

Thanks for setting up such a nice works. I think it will be sustained/survived  for the long term.

Would you pls write here regrading Magic number will be the same or different  ?? I am testing it Phase wise different but i thought if different then it will not protect the account when market will go big movement, am i right ??

Pls advice which one is good for the account

Thanks,

---

Thank you, I really appreciate it! 


Well every Phase is there to protect the whole system and account from an high DD. So far it managed to do that. JPY was very volatile lately and it didnt affected it that much. But yes maybe ecery Phase itself can work too. 

Avatar
1
md mijanur rahman
Quote from Jerome Powell

Not really but I could set up another account with the same settings an share it. This forum is public, so to speak and i‘m afraid someone comes and might messes with it and therefore falsify the results.

Dear Jerome Powel,

Thanks for setting up such a nice works. I think it will be sustained/survived  for the long term.

Would you pls write here regrading Magic number will be the same or different  ?? I am testing it Phase wise different but i thought if different then it will not protect the account when market will go big movement, am i right ??

Pls advice which one is good for the account

Thanks,

---

Avatar
0
Yannis Latroche

So I'm gonna setup one of my terminal with all the phases and if my VPS survive, I'll keep you updated

Avatar
0
shinnsohai
Quote from san takashima

So the 8 pairs were run concurrently and their performance differed a lot. Perhaps we could try optimise those pairs for an even better result. (smaller DD, bigger profit)

Gain Loss Profit Win Rate Loss rate Ave. Position held No. of trade
EURCHF 37.82 (2.66) 35.16 93% 7% 06:29:44 89
CHFJPY 219.13 (138.89) 80.24 37% 63% 16:45:39 28
EURJPY 326.69 (207.14) 119.55 37% 63% 03:18:08 134
EURUSD 308.59 (95.96) 212.63 69% 31% 06:23:40 119
GBPCHF 104.31 (34.98) 69.33 66% 34% 05:58:21 51
GBPJPY 98.10 (41.68) 56.42 58% 42% 02:31:25 63
USDCHF 110.14 (55.96) 54.18 49% 51% 08:36:09 39
USDJPY 31.56 (6.49) 25.07 79% 21% 05:19:46 32

Thanks for the backtest!

What is the duration of backtesting?

Can we opt out of those pairs that have lower win rates, what will be the consequence?

Avatar
0
Jerome Powell
Quote from san takashima

Hello,
Downloaded the set files and realised that there's 12 of them rather than 8.
I thought I'd run it on my demo account.
I do need to run those 12 set files?
let me know.

Hi! 

Sorry for that late answer. Thank you for that backtests! That will help alot! Yes They all should be run. Because even if there are the same pairs twice, they have a different function in that whole system. One is possible only for the hedge, whereas the same also can fill the role of the direction.