EURUSD Index

[MarkBraun 10]

Hi everyone,

 

I've recently created quite powerful indicator using Hitrader website community and want to share it.

The idea is to use a portfolio of successful traders to determine a moment when to trade EURUSD. Every time if someone has EURUSD or any EUR cross long position we assign +1 to this trader and -1 in case of short one. Then we sum these numbers (50 traders) to get EURUSD Index. If it’s more than +20 we hold EURUSD long next day (one daily bar), less than -20 short. Please have a look at the attached figure. There was long on April 9, April 11, April 16, April 22, April 25 and April 30; short on April 23. So far the performance looks very good. No doubt it's just six weeks but I'm planning on getting more statistics and see how it works

 

Cheers. Mark

Edited May 12, 2013 by MarkBraun

[sergso 10]

Hi everyone,

 

I've recently created quite powerful indicator using Hitrader website community and want to share it.

The idea is to use a portfolio of successful traders to determine a moment when to trade EURUSD. Every time if someone has EURUSD or any EUR cross long position we assign +1 to this trader and -1 in case of short one. Then we sum these numbers (50 traders) to get EURUSD Index. If it’s more than +20 we hold EURUSD long next day (one daily bar), less than -20 short. Please have a look at the attached figure. There was long on April 9, April 11, April 16, April 22, April 25 and April 30; short on April 23. So far the performance looks very good. No doubt it's just six weeks but I'm planning on getting more statistics and see how it works

 

Cheers. Mark

 

Today's darlings are the dogs of the future. This will work assuming the population statistics do not change constantly.

[MarkBraun 10]

So far the performance is:

April 9 +62 pips,

April 11 +39 pips;

April 16 +131 pips,

April 22 -21 pips;

April 23 +62 pips;

April 25 -3 pips,

April 30 +74 pips; total +344 pips.

[MarkBraun 10]

EURUSD Index for today's close (14.05) is +21, so we hold long EURUSD next daily bar (15.05).

[MarkBraun 10]

Result for 15.05 -51 pips, today's EURUSD Index value is -31, we hold short from 1.2880 for one daily bar (16.05).

[MarkBraun 10]

Result for 16.05 -3 pips, today's EURUSD Index value is -37, we hold short from 1.2883 for one daily bar (17.05)

[MarkBraun 10]

Result for 17.05 +45 pips, so far we have got +335 pips:

April 9 +62 pips,

April 11 +39 pips;

April 16 +131 pips,

April 22 -21 pips;

April 23 +62 pips;

April 25 -3 pips,

April 30 +74 pips,

May 15 -51 pips,

May 16 -3 pips,

May 17 +45 pips.

[MarkBraun 10]

Today's EURUSD Index value is -22, we hold short from 1.2852 for one daily bar (23.05).

[MarkBraun 10]

Result for 23.05 -78pips. Today's EURUSD Index value is -29, we hold short from 1.2930 for one daily bar (24.05).

[MarkBraun 10]

Current result:

 

April 9 +62 pips,

April 11 +39 pips;

April 16 +131 pips,

April 22 -21 pips;

April 23 +62 pips;

April 25 -3 pips,

April 30 +74 pips,

May 15 -51 pips,

May 16 -3 pips,

May 17 +45 pips,

May 23 -78 pips,

May 24 0 pips.

[MarkBraun 10]

EURUSD Index for today's close (28.05) is -40, so we hold short EURUSD from 1.2852 next daily bar (29.05).

[MarkBraun 10]

Result for 29.05 -90 pips.

[MarkBraun 10]

Friday's close shown +23 for EURUSD Index, we hold long from 1.2991 today (3.06).

[MarkBraun 10]

Current result:

 

April 9 +62 pips,

April 11 +39 pips;

April 16 +131 pips,

April 22 -21 pips;

April 23 +62 pips;

April 25 -3 pips,

April 30 +74 pips,

May 15 -51 pips,

May 16 -3 pips,

May 17 +45 pips,

May 23 -78 pips,

May 24 0 pips,

May 29 -90 pips,

Jun 3 +82 pips.

[MarkBraun 10]

Friday's close shown +27 for EURUSD Index, we hold long from 1.3203 today (10.06).

[MarkBraun 10]

Current result:

 

April 9 +62 pips,

April 11 +39 pips;

April 16 +131 pips,

April 22 -21 pips;

April 23 +62 pips;

April 25 -3 pips,

April 30 +74 pips,

May 15 -51 pips,

May 16 -3 pips,

May 17 +45 pips,

May 23 -78 pips,

May 24 0 pips,

May 29 -90 pips,

Jun 3 +82 pips,

Jun 10 +53 pips.

[MarkBraun 10]

EURUSD Index for today's close (13.06) is -44, so we hold short EURUSD from 1.3372 next daily bar (14.06).

[MarkBraun 10]

Current result:

 

April 9 +62 pips,

April 11 +39 pips;

April 16 +131 pips,

April 22 -21 pips;

April 23 +62 pips;

April 25 -3 pips,

April 30 +74 pips,

May 15 -51 pips,

May 16 -3 pips,

May 17 +45 pips,

May 23 -78 pips,

May 24 0 pips,

May 29 -90 pips,

Jun 3 +82 pips,

Jun 10 +53 pips,

Jun 14 +27 pips.

[MarkBraun 10]

Friday's close shown -37 for EURUSD Index, we hold short from 1.3348 today (17.06).

[MarkBraun 10]

Current result:

 

April 9 +62 pips,

April 11 +39 pips;

April 16 +131 pips,

April 22 -21 pips;

April 23 +62 pips;

April 25 -3 pips,

April 30 +74 pips,

May 15 -51 pips,

May 16 -3 pips,

May 17 +45 pips,

May 23 -78 pips,

May 24 0 pips,

May 29 -90 pips,

Jun 3 +82 pips,

Jun 10 +53 pips,

Jun 14 +27 pips,

Jun 17 -14 pips.

[MarkBraun 10]

EURUSD Index for today's close (03.07) is -30, so we hold short EURUSD from 1.3008 next daily bar (04.07).

[tradingwizzard 10]

nice results so far....I am watching with interest

[MarkBraun 10]

Thank you Result for 04.07 +97 pips.

[tradingwizzard 10]

did you get the chance to see the maximum drawdown that comes with it?

[MarkBraun 10]

Basing on Hitrader's website data it is limited by 300 pips, but I use it live fourth month only and I think we can say something reasonable after one year.