FPI - Fractional Product Inefficiency: The Impeccable Hedge

NeoTicker indicators

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holyguy7
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Re: Imperfect ("Imimpeccable"?) fills

Postby holyguy7 » Sat Nov 18, 2006 11:53 pm

Michal,

Thanks for all your information. It is very informative. Question: In your observation, which currency pair rings tend to "spike" more?

I guess we are all looking for rings that spike on a regular basis perhaps even multiple times a day.

Of course spread is important too so I guess we would want rings that spike and have a fairly low spread. Any suggestions?

I know it would depend on broker, but any ideas would be great.

holyguy7

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Nicholishen
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example of ring networking

Postby Nicholishen » Sun Nov 19, 2006 4:55 am

... self explanatory...


mercuryfx
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Interesting

Postby mercuryfx » Sat Nov 25, 2006 12:40 am

First of all micheal has in no way mislead us about this method's need for automation and excellent broker
michal.kreslik wrote:Without automation and excellent broker, FPI is not profitable. I'm now working on an automated FPI in C#/NeoTicker for several clients. One of them has (very probably) access to the direct interbank quotes.
Michal


But I do agree with harm
Harm wrote:But since the initial posts I haven't seen anything constructive from anybody. It is clear nobody here is trading it live (yet) and the thread is deteriorating towards a latin language discussion, (incorrect) observations on highschool maths and broastings about achievements. I can find better use for my time than to participate in this nonsense.

I don't think I will come back anymore. For the interested and knowledgable, there's enough information to work it out for themselves. I doubt that Michal has the intention of sharing his ideas and improvements as he's getting paid for his developments and admittedly only is looking for input. I guess we can purchase our input (if any) back later.
So I'll keep my idea's and results to myself for now and perhaps post them somewhere later.....

Be good now and I hope everybody does well in their trading.


And I hope micheal can perfect this method for his clients and profit from it.

The comments towards bitcy were unconstructive and childish however.

But I wish not to take sides, I myself have much to learn. Then maybe in a couple more years time, I can be one of "those bright dilligent people" who will be able to fully utilize the information here, instead of those purchasing the "output" of the information on this thread.

michal.kreslik wrote:I would rather put it this way: I pointed out the gold might be buried in a certain area and asked some friends about their opinion.

Those bright enough and diligent enough will find a way to dig out the gold based on the information published here without me disclosing the exact spot.
Michal


I wish you all luck, and I know I can learn much from everyone's experiences in trading.

Merc

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Postby zarni » Sat Nov 25, 2006 2:09 am

michal.kreslik wrote:
Gert Frobe wrote:the first was from a PM from that dickhead scott over at the *censored - swear word* from FF 5 min. before they banned me(but hay im not bitter LOL)- he was trying to tell me that he wasn't trying to steal michal's idea as his own. he said he was working on a synthetic hedge that dubbled his account sence aug. and how the FPI would not work w/ the brokers from FF or MT4 platform.


Funny :wink: - seems like ForexFactory admins are sorta afraid of me since they deleted the whole FPI topic:

http://www.forexfactory.com/forexforum/ ... to=newpost

And just for the record, I was not being TRO-like aggressive there :D

Michal


Why did they ban you?

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Gert Frobe
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Postby Gert Frobe » Sat Nov 25, 2006 5:19 pm

to tell ya the truth, i don't know. i never posted a link here to kreslik.com.
however, i did post a link to a post on FF that Michal had made about PFI.

i will say that before TRO started posting @ FF about the the rip off fixed spread brokers FF gets paid from for advertising, they never had a true ECN broker that advertised w/them. they now have EFX but it was not intill after TRO and others pointed this out.

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Re: Interesting

Postby Luke » Sat Nov 25, 2006 5:21 pm

mercuryfx wrote:The comments towards bitcy were unconstructive and childish however.


They were. I reworked bitcy's math and found his errors which I could have helped him understand in the public forum. However, his attitude that Michal's work was complete nonsense didn't make me feel like helping him as he apparently is not the kind of person who likes helping others but only criticizing them.

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Postby TheRumpledOne » Sat Nov 25, 2006 7:14 pm

I wonder what the reason is people are so dang sensitive!

I catch more flak than just about anyone but it doesn't stop me from continuing on my path.

Focus on the work and not the personalities.

Thanking you in advance for your cooperation.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby michal.kreslik » Sat Nov 25, 2006 11:07 pm

Just for the record, I am banned from FF, too. It's because I provided a link to the FPI thread here at kreslik.com.

Michal

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Postby ecom345 » Sun Nov 26, 2006 6:27 pm

It similar to a paradox!!!

Seems that if Fraction Product be equal one in two times (when we open and when we close our position) we won't have any profit or loss.

Is that correct? NO

Pleas attention to this example:
(We assume that spread be equal 2 pips)

bid ask
EURUSD 1.2877 1.2879
USDCHF 1.2405 1.2407
EURCHF 1.5972 1.5974

EURUSD* USDCHF/ EURCHF = 1.2877*1.2405/1.5974 = 1.0000

If we short 1 Lot EURUSD and 1 Lot USDCHF and long 1 Lot EURCHF
Then the price goes to below table:

bid ask
EURUSD 1.2889 1.2891
USDCHF 1.2356 1.2358
EURCHF 1.5930 1.5932

EURUSD* USDCHF/ EURCHF = 1.2891*1.2358/1.5930 = 1.0000

Now calculate our profit or loss:

EURUSD -140
USDCHF 388.69
EURCHF -363.88
SUM -115.19 $


Reason:

Assume that a1, b1, c1 be old price and a2, b2, c2 be new price of pairs.

Our profit or loss will be:

(a1 - a2) * (pip value of a) * volume + (b1 - b2) * (pip value of b) * volume + (c2 - c1) * (pip value of c) * volume (Equation 1)

It’s clear that:
1) a1, b1, c1 can change to a2, b2, c2 but (a1*b1/c1) = (a2*b2/c2) and above formula (equation 1) can be negative.

2) If (a1*b1/c1) =0.9995 and (a2*b2/c2) =1.0005 then the equation 1 can be negative because this 2 equation are independence.

Am I mistaking?

Excuse me for my bad English.

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Postby EvgeniX » Sun Nov 26, 2006 6:34 pm

ecom345 wrote:
If we short 1 Lot EURUSD and 1 Lot USDCHF and long 1 Lot EURCHF


I think it should help you: http://kreslik.com/forums/viewtopic.php?p=2354#2354

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