Simple Hedging System | Foreign exchange indicator download - MT4/MT5 resources
This is a very simple system that uses two uncorrelated currencies and uses indicators that monitor profit/loss on trades.
If the basket profit indicator shows a loss, continue to add to the position.
Lot size is determined by using the Multiple Hedging Calculator (Excel).
So far the results have been pretty good.
I release this system so that it can be forward tested. (I don't believe in backward testing).
The indicator is a basket profit 2 squared. This indicator was created by Squalou, so full credit goes to him
If the basket profit indicator shows a loss, continue to add to the position.
Lot size is determined by using the Multiple Hedging Calculator (Excel).
So far the results have been pretty good.
I release this system so that it can be forward tested. (I don't believe in backward testing).
The indicator is a basket profit 2 squared. This indicator was created by Squalou, so full credit goes to him
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