Overlay technic GU & EU

[MAIDIN]

maksud bro yg positif camne tu ?

kira yg coklat pekat tu paling best ye ?

 

[MAIDIN]

aku tengah pening sikit .

camne nak bukak chart2 lain juga di marketscope 2.0 . mcm kat MT4 , kita boleh bukak byk chart sekaligus kan . kat marketscope camne ye ?

dan satu lagi , korang ada nampak tak GAp di tf4h GU dan EU

 

[azam575]

nie link mamat omputih yang trade overlay nie :-

http://www.myfxbook.com/members/retsel/correlation-ii/6485/QSdTOsnlKPiGDWt3WH0z

 

[azam575]

aku tengah pening sikit .

camne nak bukak chart2 lain juga di marketscope 2.0 . mcm kat MT4 , kita boleh bukak byk chart sekaligus kan . kat marketscope camne ye ?

dan satu lagi , korang ada nampak tak GAp di tf4h GU dan EU

GAP GU dan EU H4 masih kecil kan.... kalau nak sekap buleh kot hehehehe

ok.... kat MARKETSCOPE .... Klik FILE > Create marketShot

 

[azam575]

fuh..... baru terbukak mata aku... pasal overlay correlation nie.... hehehe

thanks bro joe black .....

dulu pernah kaji sekejap... tapi blur blur..... huhuhuhuhu

 

[MAIDIN]

nie link mamat omputih yang trade overlay nie :-

http://www.myfxbook.com/members/retsel/correlation-ii/6485/QSdTOsnlKPiGDWt3WH0z

kalau link depa discuss ttg overlay takde ke bro ?

 

[RizMa]

waaa, mmg menarik teknik bro joe ni
salute bro

kat NG bro ada buka thread gak ke?

boleh bro senaraikan pasangan pair yg boleh di aplikasikan teknik overlay ni?
letak lam blog pun xpe

 

[azam575]

ada tapi tak byk input.... huhuhu... sbb tread tahun lepas ....

lebih kurang mcm bro joe black ajar..... cuma depa pakai TF M30 .. bawah nie quote strategy omputih tuh :-

Hedge and Correlation Strategy
Greetings,

Several on here are posting hedging strategies, so I thought I would post one I have been trading for about a week. It has all

been positive because I do not use stop losses. I am posting this here because people are usually able to pick holes in the

strategy and show where it would fail, and I want to know this before I keep trading it. Here it is:

1. Go do dailyfx.com and click on "charts" and "live charts" and open up a EUR/USD.
2. Click on "instruments" and overlay a GBP/USD chart.
3. Choose any timeframe (I use 30 minutes).
4. Notice how the currencies flip flop, up and down on each other. At one time GBP/USD will be on top, then a couple hours

later or a day later EUR/USD will be on top.
5. Buy the currency that is on the bottom and simultaneously sell the currency that is on the top.
6. When they converge and cross exit for the win.

So we are entering the position when there is a gap between these currency pairs, and we are exiting when the currency pairs

cross (the one that was on the bottom is now on top, the one that was on the top is now on the bottom).

Obviously the bigger the gap between the two currencies upon entry the better.

I trade with 1000 units per $100.00 account balance or 10,000 units (mini lot) per $1,000.00 account balance.

This system has produced a return of approximately 15% on my account balance in the previous week.

This can also be done with GBP/JPY and EUR/JPY.

Please comment on this strategy as able.

Basic questions on how to open charts, overlay charts, etc. will not be answered as I do not have time to discuss anything but

the strategy itself.

Post yang lain merapu dan ada yang dengki... hehehehe ... bawah nie link tread yang berkaitan :-

http://www.forex-tsd.com/news-signal-trading/23674-correlation-trading.html

http://www.forex-tsd.com/suggestions-trading-systems/19138-hedge-correlation-strategy.html

 

[azam575]

waaa, mmg menarik teknik bro joe ni
salute bro

kat NG bro ada buka thread gak ke?

boleh bro senaraikan pasangan pair yg boleh di aplikasikan teknik overlay ni?
letak lam blog pun xpe

Main Pair yang Bro Joe trade dan dibincangkan .... GU dan EU .... hehehe

pair lain... kami tambah perisa sambil di bantu Bro joe.... sementara nak tunggu GU dan EU bukak GAP .... kekekekee

 

[azam575]

Satu lagi teknik cara trade Correlation :-

Correlation trading
The system is based on the correlation table below, and is in fact quite simple to understand and implement. The aim of this thread is to fine-tune the settings and develop a simple EA to automate the trading.

As you can see in the correlation table, certain pairs overreact to a counter-correlation price movement of two other correlated pairs, and always do it in the same direction. I´ve found out that, indeed, a strong movement of gbpjpy occurs when both gbpusd and usdjpy move in the same direction, with gbpjpy moving in the same direction as well. From these observations, it doesn´t really matter which currency, or currency pair, starts the movement. The fact is that gbpjpy moves quite strongly when gbpusd and usdjpy show an M15 bar moving in the same direction (when they should be moving against each other, since they are negatively correlated pairs). While such counter-correlation setting between gbpusd and usdjpy usually lasts for no more than one M15 bar, the price of gbpjpy moves in that same direction for at least another additional M15 bar, with a range quite larger than that of the two other pairs. Manual trades proved to be quite successful.

So, here´s the system:

Timeframe M15
When gbpusd and usdjpy close a bar with the same color (both going north, or both going south), and both bars have a high-low range of at least 10 pips, enter a trade on gbpjpy in the same direction right at the opening of the new M15 bar.
SL and TP were tested with fixed values (30/20), yet they may be defined as a function of the first bar range.

That´s it.


Issues for discussion:

1. SL and TP settings
2. Minimum high-low range to enter a trade


Expert Advisor:

The simplicity of the system cries to be implemented into an EA. I am a programming illiterate, so help here would be much appreciated.

Required Inputs
SL
TP
Min range to enter (in pips, adapted to 4- or 5-digit brokers)
Lotsize
News filter, ideally
Trading hours



The same concept can be applied to other correlated pairs, as shown in the correlation table. I only checked the three pairs mentioned above. I have no idea which timeframe, minimum high-low range or SL/TP would be best for other sets of pairs, so it would need further analysis. An EA allowing the definition of the three pairs would be more versatile and will let us test any set of pairs.

One more thing. Only constructive comments will be accepted.

sempoi .......paidpaidpaid