Experts: HTH Trader - page 3

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cybernet69:

Why dont you just do the following to prevent the massives draw downs ?

- BUY EURUSD

- BUY USDCHF

- BUY EURCHF

All the above using the same lot sizes.

It works perfectly.

Where in the Hell using the same lot size are you hedged? Also THIS EA ISN´T HEDGING, it´s hedging the lot size too, but not the money, to truly hedge you need to buy/sell the same amount of money in each pair, i.e. lot TIMES (Bid/Ask) (+-) = MONEY SPENT.

 
Since the time I have written this EA, I have came to the conclusion that correlation numbers are illusionary. You have to square the correlation number(ie if correlation is .7, then 0.7*0.7=0.49) to get the proper idea of the movement of pair1 to pair2. So with correlation of .7, pair1 to pair2 is actually half correlated which doesn't yield enough for correlation trading.
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