Hedge 2 pare

1

An Expert Advisor with a choice of currency pairs and lot size is published HERE.


The advisor works on a diversification and hedging strategy.


Currency pairs: EURUSD and USDCHF, orders for which overlap (compensate) the final result.

Timeframe: from M5 to H4.


The advisor's strategy:

· We open one Buy deal on EURUSD;

· If you have reached profit, then close the deal;

· If the price went against us, open a new Buy deal, but already on the USDCHF pair;

· After a while, one of the pairs will become profitable;

· As soon as the profit on EURUSD has reached the N value, we open another deal to buy on EURUSD;

· If a EURUSD deal goes negative to N value, then a Buy is opened for the USDCHF pair, thereby hedging an unprofitable EURUSD deal.

· All orders are closed according to the total profit in the deposit currency.


There are not a limited number of such hedging orders, but as a result, sooner or later, we enter the trend and make a profit.

a trade is entered by a specific signal:

If two consecutive candles for the EURUSD pair closed with growth (bullish candles), then open a buy;

· If two consecutive candles for the EURUSD pair closed with a decline (bearish candles), then open a sell.

Attention: The EA will not work in the strategy tester! Testing is carried out on a demo or real account!

Install the advisor only for the EURUSD pair !! Works only with EURUSD / USDCHF !! Fixed minimum lot !!



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XGen Scalper MT4 - Professional Automated Trading System XGen Scalper is a state-of-the-art Expert Advisor that combines advanced algorithmic structure with proven technical analysis to deliver consistent results across all markets. This powerful trading system operates seamlessly on forex pairs, precious metals such as gold and silver, cryptocurrencies, and commodity indices. Advanced Algorithmic Technology The proprietary wave scanning algorithm processes market data in real time, identify
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Andreas Andrianto
866
Andreas Andrianto 2022.10.14 01:07 
 

Have tried it about a week, blowing my $1000 account. Major improvement needs to be done such as: - max number of trades can be opened, when strong trending it may open up to hundreds position - max DD to limit no more opening positions. - opening position needs also to consider distance from any opened positions For now 1 star.

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