Thanks, but as written previously in this thread I'm not seeking a broker arbitrage EA but a statistical arbitrage EA to trade two values within precisely the same broker.Originally Posted by ;
Thanks, but as written previously in this thread I'm not seeking a broker arbitrage EA but a statistical arbitrage EA to trade two values within precisely the same broker.Originally Posted by ;
Try This, maybe this is what you are looking but its on mt5...I was analyzing this its realy good.
https://forexintuitive.com/cryptocur...rogrammer.html
Thank you,but thats not it.Originally Posted by ;
I'm looking for a statistical arbitrage EA (between two related pairs/indices) not triangular arbitrage.
Weird that such an EA does not exist.
Here's an image of what I am searching for.
2 legged statistical arbitrage won't work...I did analyzing 4 decades back. . .and u always get screwed at the end, I mean financially. Its very arbitrary, because eurusd and gbpusd can spike precisely the same direction for countless pips and make you a significant harm.... And that is why you need 3rd leg to stabilize system. Its easier to find rainbow finish and unicorn afterward to earn money out of what are you after. Correlation works for a certain time, then it does not and I am not talking about months I am speaking about days.
But good luck in you pursuit.
That's simple enough to code...Originally Posted by ;
I can do that shit, and I'm a whole fucking rookie!
Love the idea, dude!
If I get round to it, will keep you looped in!
Thank you, I understand exactly what you are referring to, I also experimented with correlation (manually) few years ago, I'd like to give it a try using the knowledge I have today.Originally Posted by ;
Due to weakness and strength you don't understand how weak and how strong it can get, its like saying by low and sell high, okay but compared to what?! Its relative to something.Originally Posted by ;
Not just you introduce yourself to elevated DD but also large loss.
By investing two correlated assets you may find any DD but your potential loss is technically since the associated assets will necessarily close the gap and offer you profit.
Anyway, keep me posted about the EA dev
All methods are comparative in forex but correlation is a great way to sense the right moment in movement...Originally Posted by ;
Still considering the ideas around this and would probably take me 2x EAs to be able to get the task done. . .as I mentioned, I'm really not altogether Masterful using the Code...Originally Posted by ;
I'd play with Cross Pair Correlation a few years ago, when I had been really fresh with all the code and well...I had been along the same thoughts, however the code was dreadful and consequently, I gave up the idea.
Whenever you are working these, just thinking out of my own frame of mind and the way I trade , I do utilize EURGBP as a Guide. . .ie, if EG is trending up, I tend towards higher likelihood in profit if EURUSD is also trending up. . .consequently, may also look at the shorting potential of GBPUSD if both of them are trending down as if EURO has Power, the Pound has a higher likelihood of falling more and quicker.
Within This. . .it does depart all eggs in one basket pair, but also reduces risk.
And the single issue with this idea is when do they stop trading?
What exactly are we looking at for tripping in and out?
I will adapt the ideas in my personal trader and it might just be exactly what it requires. . .grid trader, this is last week, 7 pairs - M1 Chart, Dynamic Range Trading.