Search found 8 matches

by apfx
Thu Oct 19, 2006 11:14 am
Forum: NeoTicker indicators
Topic: FPI - Fractional Product Inefficiency: The Impeccable Hedge
Replies: 768
Views: 1286821
Gender: None specified

Re: Triangular Arbitrage

Buy: 0.7143 lot EUR/JPY (broker does the math and Banks do the rest) There was a major error in your calculations. I want to point this out, and also address some other posts made about Metatrader. This is what I wanted to point out too: 0.7143 Lot EUR/JPY = 71430 units EUR/JPY Through MBtrading/EF...
by apfx
Thu Oct 19, 2006 12:07 am
Forum: NeoTicker indicators
Topic: FPI - Fractional Product Inefficiency: The Impeccable Hedge
Replies: 768
Views: 1286821
Gender: None specified

Triangular Arbitrage

What do I get when I tell my broker to Buy EUR/JPY out of my USD Account? Suppose You are given the following quotes: USD/JPY = 100 EUR/USD = 1.60 EUR/JPY = 140 Take the first two quotes. Then, the no-arbitrage EUR/JPY quote should be EUR/JPY = 160 EUR/JPY = 140, EUR is undervalued the against the J...
by apfx
Sun Oct 15, 2006 11:30 pm
Forum: NeoTicker indicators
Topic: FPI - Fractional Product Inefficiency: The Impeccable Hedge
Replies: 768
Views: 1286821
Gender: None specified

How many pips are on the table and how to collect them.

How many pips are there on the table Lets start where Michal started: a/b * b/c * c/a =1 JPY/EUR * EUR/USD* USD/JPY = 1 EUR/USD*USD/JPY = EUR/JPY In order to see a little bit more clearly into that I built a chart of EURUSD*USDJPY overlayed it on top of EURJPY chart and also built another version of...
by apfx
Sat Oct 14, 2006 5:04 pm
Forum: NeoTicker indicators
Topic: FPI - Fractional Product Inefficiency: The Impeccable Hedge
Replies: 768
Views: 1286821
Gender: None specified

FPI in AFL

// Fractional Product Inefficiency in AFL GraphXSpace=10; a = Foreign("EURUSD","C"); b = Foreign("USDJPY","C"); d = 1/ Foreign("EURJPY","C"); FPI = a*b*d; Plot(fpi, "", colorGrey50); Title = "Fractional Product Inefficiency: ...
by apfx
Sat Oct 14, 2006 1:21 pm
Forum: NeoTicker indicators
Topic: FPI - Fractional Product Inefficiency: The Impeccable Hedge
Replies: 768
Views: 1286821
Gender: None specified

Hi Silverpike, I doublechecked my math and it still shows difference. maybe there is still smth wrong that I'm not being able to catch. Hi goldux, Unfortunately I do not have FPI in mq4 . I have it in Amibroker (AFL) but if It can help the formula for the ring (EURJPY, EURUSD, USDJPY) that i use is ...
by apfx
Sat Oct 14, 2006 11:54 am
Forum: NeoTicker indicators
Topic: FPI - Fractional Product Inefficiency: The Impeccable Hedge
Replies: 768
Views: 1286821
Gender: None specified

Taking Advantage of FPI

Repeated the same trade analysis as Michal did before using the same ring with a 2 pip spread for each of them. ( attached pics) It results that the following Trades combinations: 1. Buy EURJPY, Sell EURUSD, Sell USDJPY. and 2. Sell EURJPY, Buy EURUSD, Buy USDJPY. produced profit when entering the m...
by apfx
Fri Oct 13, 2006 11:20 am
Forum: NeoTicker indicators
Topic: FPI - Fractional Product Inefficiency: The Impeccable Hedge
Replies: 768
Views: 1286821
Gender: None specified

Swap rates

Referring to your trade example, Would the result of the trade operation be different if instead of: Sell EURJPY swap: -10 Buy EURUSD swap: -8.65 Buy USDJPY swap: 13 -------------- Total: -5.65 $ you made the opposite transactions: Buy EURJPY swap: 9.1 Sell EURUSD swap: 7.2 Sell USDJPY swap: -14 ---...
by apfx
Fri Oct 13, 2006 8:58 am
Forum: NeoTicker indicators
Topic: FPI - Fractional Product Inefficiency: The Impeccable Hedge
Replies: 768
Views: 1286821
Gender: None specified

Calculation of Impecable Hedge

Trade analysis: * SellShort EUR/JPY * open: SellShort 100,000 EUR/JPY @ 145.61; we pay 100,000 EUR, we get 14,561,000 JPY * close: BuyToCover 100,000 EUR/JPY @ 145.90; we get 100,000 EUR, we pay 14,590,000 JPY * profit/loss = -29,000 JPY * Buy EUR/USD * open: Buy 100,000 EUR/USD @ 1.26485; we get 10...

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