new idea for ea

maaac · Post by **maaac** » Mon Mar 23, 2015 12:20 pm

Hi everyone

I would like to share new idea for an ea, perhaps someone can code it. This idea works only on EUR USD and only with certain brokers of small spread (I recommend OCTA and AAAfx).
The idea is quite simple and wont require much coding.
1. We open a hedge (1 lot buy and 1 lat sell of EUR USD) with 0 spread. Certain brokers offer 0 spread but usually for a very short time, thus an ea is necessary to open two trades. That's step one. Then we sit in our hedge waiting for the price to turn positive. Price of the hedge fluctuates and must turn positive, even if for a short time. When the price turns positive - ea captures it. The only thing is that normally we talk about 1pip positive.
That's it. The strategy brings small profit but is entirely market neutral and riskless. Let me know what you think and also perhaps you can suggest other brokers with low spread on EURUSD (and no commission).
Thanks
maaac

Post by **SteveHopwood** » Mon Mar 23, 2015 6:44 pm

maaac » Mon Mar 23, 2015 12:20 pm wrote:Hi everyone

I would like to share new idea for an ea, perhaps someone can code it. This idea works only on EUR USD and only with certain brokers of small spread (I recommend OCTA and AAAfx).
The idea is quite simple and wont require much coding.
1. We open a hedge (1 lot buy and 1 lat sell of EUR USD) with 0 spread. Certain brokers offer 0 spread but usually for a very short time, thus an ea is necessary to open two trades. That's step one. Then we sit in our hedge waiting for the price to turn positive. Price of the hedge fluctuates and must turn positive, even if for a short time. When the price turns positive - ea captures it. The only thing is that normally we talk about 1pip positive.
That's it. The strategy brings small profit but is entirely market neutral and riskless. Let me know what you think and also perhaps you can suggest other brokers with low spread on EURUSD (and no commission).
Thanks
maaac

Sorry, but this looks like one of the dafter ideas offered up here.

Trade this manually, live, and profitably for a few months and someone here might take some notice. Until you do that - not a hope.