michal

Hi Bogdan, an exposure is the result of not ideal hedging and the fact that you have only limited resolution in trading units. As you observed, in my example the minimum is 0.1 lot or 10000 units (or 1000000 in JPY). According to you this would give maximum 5000 units (500000 JPY) unhedged. I've written a small indicator to show actual exposure of the given ring and it seems to be larger than this: http://www.mqlservice.net/i-exposure.gif Especially JPY seems be almost 1500000 units unhedged, three times more than it should be. Selling one more microlot AUDJPY would decrease exposure but of course destroy the ring as AUDJPY is a high yielding pair. Here is the exposure after selling one more microlot AUDJPY: http://www.mqlservice.net/i-exposure_sell_audjpy.gif You can find the indicator I've written here i-Exposure.mq4 Regards, Michal P.S. I have a dumb question as it must be simple but I cannot find it. How can I subscribe to this blog in order to receive email messages when it is updated?

The demo is from MIG (www.migfx.ch). You can check that the ring exist there and the find script does not find it on the demo (or I have some bogus one, but I think that I've donloaded the latest version). You know the code, so perhaps you can find the problem faster than me. Anyway, I'm not considering this ring to trade, but rather to find out why it is not showing consistent results between the real and demo. On the demo it comes with message 'sorry nothing found' while on real account there are plenty of rings. Regards, Michal

Hi Michal, Well the script can't give different results but in two cases: a) the swaps are a volatile type ; b) swaps on demo are different from the ones on real. Check with MarketInfo both accounts for MODE_SWAPLONG, MODE_SWAPSHORT and MODE_SWAPTYPE. Regards, Bogdan P.S. Are you Michal Kreslik ? Hi Bogdan, the real account lists: 2008.09.07 13:32:00 list_ring NZDJPY,M5: CHFJPY SWAPLONG: 0.34 SWAPSHORT: -0.48 SWAPTYPE: 0 2008.09.07 13:32:00 list_ring NZDJPY,M5: GBPCHF SWAPLONG: 1.55 SWAPSHORT: -1.96 SWAPTYPE: 0 2008.09.07 13:32:00 list_ring NZDJPY,M5: EURGBP SWAPLONG: -0.19 SWAPSHORT: 0.13 SWAPTYPE: 0 2008.09.07 13:32:00 list_ring NZDJPY,M5: EURAUD SWAPLONG: -1.45 SWAPSHORT: 1.13 SWAPTYPE: 0 2008.09.07 13:32:00 list_ring NZDJPY,M5: AUDJPY SWAPLONG: 1.71 SWAPSHORT: -2.21 SWAPTYPE: 0 the demo account lists: 2008.09.07 13:35:39 list_ring NZDJPY,M5: CHFJPY SWAPLONG: 0.34 SWAPSHORT: -0.48 SWAPTYPE: 0 2008.09.07 13:35:39 list_ring NZDJPY,M5: GBPCHF SWAPLONG: 1.55 SWAPSHORT: -1.96 SWAPTYPE: 0 2008.09.07 13:35:39 list_ring NZDJPY,M5: EURGBP SWAPLONG: -0.19 SWAPSHORT: 0.13 SWAPTYPE: 0 2008.09.07 13:35:39 list_ring NZDJPY,M5: EURAUD SWAPLONG: -1.45 SWAPSHORT: 1.13 SWAPTYPE: 0 2008.09.07 13:35:39 list_ring NZDJPY,M5: AUDJPY SWAPLONG: 1.71 SWAPSHORT: -2.21 SWAPTYPE: 0 So the are the same. But the ring can be found only on the real account. Is there anything in the script which can cause it? (balance, spreads, etc) The ring is on the picture http://www.mqlservice.net/ring.JPG By the way, are you calculating the rings by minimal exposure? Would it be also possible to display on the final screen the resulting exposure? This will help to judge how good the ring is hedged. I'm not Michal Kersik but another Michal. My full name is Michal Rutka and I'm mostly known from MQL Service which is my company. You can see what I'm doing by visiting my site at MQL Service link Best regards, Michal Rutka

Hi, I've run the SwapFinder_script on both demo and real account and it found a ring on the real but nothing on the demo! I've checked swap rates and the swap type (in points) on both accounts and they seem to be the same. Is there any reason why it shows different results for both accounts at the same broker? Regards, Michal