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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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Andreas Andrianto
795
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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Version 1.10 2022.03.25
Added the ability to trade pairs with a suffix