Combining Multiple Pairs

 

For the past weeks I've been developing an EA based on SMC, multitimeframe liqquidity-sweep:

Sweep

Stats are good IMO, DD < 10%, good sharpe ratio, etc...

But I question myself about this being more stable? Such as diversifying.

My main problem is choosing a variety of pairs, i.e:

  • EUR/USD
  • GPB/USD
  • USD/JPY
  • XAU/USD

But I'm not sure how can I choose a better or more "long-termed low-dd" combination of pairs without backtesting a lot (for the computational cost)

Any ideas about this?

 
There are tools that you can place on a chart and measure the ATR for a lengthy period. That may solve the problem.
 

Do you have an example?

Like checking how the ATR behaves through different periods of time and pairs?

 

In my opinion, the choice of partners should be based on the logic of the strategy itself rather than diversification alone.

For example, if the strategy is range-based, it is best to focus on currency pairs with relatively stable and moderate ATR values, such as the EUR/USD pair.

 
Hmmmmm, haven't thinkf of that, I'll try it.
Abdulrahman Saad #:

In my opinion, the choice of partners should be based on the logic of the strategy itself rather than diversification alone.

For example, if the strategy is range-based, it is best to focus on currency pairs with relatively stable and moderate ATR values, such as the EUR/USD pair.