dof wrote:Do you want to say (sum up) something like:
total_swap = (-4.16) + (-4.92) + (7.08)
Precisely, you sum up all the positive and negative swap values to come up with the aggregate interest.
Michal
Moderator: moderators
dof wrote:Do you want to say (sum up) something like:
total_swap = (-4.16) + (-4.92) + (7.08)
michal.kreslik wrote:To get the aggregate interest of the Impeccable Hedge position, you don't have to bother yourself with the lot sizes. Provided the position is indeed the Impeccable Hedge, you simply sum up all the swaps of the respective positions in ring.
michal.kreslik wrote:It's quite interesting the aggregate interest rate varies a lot among the different rings and setups.
michal.kreslik wrote:I doubt it since the MT4 users pay for the platform in the form of artificially increased spreads.
Qtip wrote:BTW, I found this FPI Indicator on the Internet. I wasn't able to get it to work on Metatrader 4. Any help would be greatly appreciated.
Muddyguy wrote:michal.kreslik wrote:To get the aggregate interest of the Impeccable Hedge position, you don't have to bother yourself with the lot sizes. Provided the position is indeed the Impeccable Hedge, you simply sum up all the swaps of the respective positions in ring.
How can we have an Impeccable Hedge if we don't bother with lot sizes? I thought one must adjust lot sizes to create an Impeccable Hedge. What am I misunderstanding?
holyguy7 wrote:I have been demoing FPI this week based on a custom EA developed by a friend. Let me say that this does work but it requires an automated system and the correct rules.
I want to encourage everyone here to continue to develop this idea as it does work.
I wish I could share the development of this EA, but it is not exclusively my work.
holyguy7 wrote:Accually, it is very simple. I have the EA set to 7 pips profit. So once the ring hits a profit of 7 pips (beyond the spread), it closes the ring.
Muddyguy wrote:Qtip wrote:BTW, I found this FPI Indicator on the Internet. I wasn't able to get it to work on Metatrader 4. Any help would be greatly appreciated.
Hi - I took a look at this indicator. It is almost the same as the one in my post a couple days ago. It uses a yellow line rather than green histogram. (I like green better, and I can see a histogram from across the room. I can't see yellow lines from that far).
It has the same problem with repainting the past that mine did. I've attached a couple screen shots from a few seconds apart where I changed time frames, then changed them back. Check it out. See the problem?
And... it is still MT4 and as Michal points out, MT4 brokers will not likely contribute to our success with this system.
Take care,
Bill