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Ultra Hedge *Beta* - JPow

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Hi Guys,

I´ve been working a new system lately. An ultra hedge system. What does that mean I will explain soon: 

Well, rates are rising globally. This will lead to alot more volatility for forex because it´s getting more interesting to park money in cash. Our martingale system needs to become more well-conceived.So I developed this setup. 

We working with different Phases and the same pairs. What I got so far; 

Pairs are marked as: N = neutral / S = Sell / B = Buy 

Phase 1: CHFJPY (N) / EURCHF (S) / EURJPY (B)

Phase 2: GBPCHF (N) / CHFJPY (S) / GBPJPY (B) 

Phase 3: USDCHF ( N) / EURCHF (S) / EURUSD (B)

Phase 4: EURUSD (N) / USDJPY (S) / EURJPY (B) 

All simple, its just Stochastic who either buys or sells. The (S) part is just reversing the signal. The "N" is the decision maker. So it´s supposed 

to 2 vs 1 (the hedge). 

This backtesting is hard and not really possible so I set up a live signal: https://www.mql5.com/en/signals/1745827?source=Site+Signals+My

Any suggestions for improvements? Is it possible to connect the the pairs for each phase? ( maybe via the magic number?) So it closes every phase individually. Of course the "Phases" can be expanded to more pairs. 

Anyway here are the sets.

 Ultra Hedge.zip ( the magic number need to changed for every pair) 

MT version:
Set for MT5 only
EA version:
2.48
Symbol:
Mulitple
TimeFrame:
M5
Avatar
Pham Tuan Anh

With this strategy, profits seem to be achieved very quickly in a short time. I think it's a good idea to set a stop loss of at least 1/12 total balance for each pair in order to defend. Otherwise, if only 1 pair go the wrong way, it is enough to blow off your real account.

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Jerome Powell
Quote from md mijanur rahman

Dear Jerome Powell,

Thanks for your kind reply. Would you pls write do you using same setting phase and setting ? I am asking thats because of your signals account DD is so less compared with my account. And if different then would you pls share your phase and setting.

Thanks in advance for your kind reply !!

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Dear Mijanur, 

Of course. So with this signal: https://www.mql5.com/en/signals/1745827?source=Site+Signals+My I use different magic number for each pair.  For this signal ( https://www.mql5.com/en/signals/1751812?source=Site+Signals+My ) I use the same magic number for every phase. For example 

Phase 1: CHFJPY (111) / EURCHF (111) / EURJPY (111)

Phase 2: GBPCHF (222) / CHFJPY (222) / GBPJPY (222) and so on. 



What might be the case is the timing when the ea starts. If we would start all at the same time, our EAs would probably have the same results but as you start a bit later, you will have other entries, that at first will lead to different results but after a week or the ea closed all positions we should have the same results because we have the same entries in the market. 


Thank you very much for making the strategy better! 

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md mijanur rahman
Quote from Jerome Powell

Thanks to both of you for improving this strategy!! Yes with the DD yesterday i suppose the ea has not that magic number has no real influence. 

Dear Jerome Powell,

Thanks for your kind reply. Would you pls write do you using same setting phase and setting ? I am asking thats because of your signals account DD is so less compared with my account. And if different then would you pls share your phase and setting.

Thanks in advance for your kind reply !!

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Avatar
Jerome Powell

Thanks to both of you for improving this strategy!! Yes with the DD yesterday i suppose the ea has not that magic number has no real influence. 

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san takashima

Hello,
I've set my 12 chart with 12 magic numbers on Weds(26th, 5am MT time).
max DD so far is 40.8%.
Demo account is with XMT with 2000x leverage.
Starting equity of $1000.
Currently balance is $1130

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md mijanur rahman
Quote from Jerome Powell

Yes I suppose the magic number does not have any influence on the closing and all. But the signal i set up yesterday done better with not that big DD. And thank you for improving that strategy! 

This is my updated information regarding early message of two accounts which reached big DD both of them. One is same magic of all 12 pairs around 37% and another one is phase wise magic number which around 42%.

Honestly, yesterday and today upto london session EU, GU & UJ moved more than 200 pips thats why happened such a big DD.

So anyone pls any comments regarding this issues.

Today started different magic with all 12 pairs. I will update after few days Insha Allah !!

Thanks, 

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Jerome Powell
Quote from md mijanur rahman

I am trading two ways by this strategy one is the same magic of all 12 pairs and another one account is phasewise different magic number but both of two account reached to 12% DD on today. 

Whereas, i will try another account different magic numbers of each 12 pairs and will update Insha Allah.

Thanks in advance for your kind collaboration !

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Yes I suppose the magic number does not have any influence on the closing and all. But the signal i set up yesterday done better with not that big DD. And thank you for improving that strategy! 

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nttanhtd

Hi Jerome

I have loaded and changed magic per chart but DD is really high, especially USDJPY :

Thank you

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md mijanur rahman

I am trading two ways by this strategy one is the same magic of all 12 pairs and another one account is phasewise different magic number but both of two account reached to 12% DD on today. 

Whereas, i will try another account different magic numbers of each 12 pairs and will update Insha Allah.

Thanks in advance for your kind collaboration !

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Avatar
Jerome Powell
Quote from md mijanur rahman

Dear Lance / Jerome Powel,

Thanks for the good set up. Here is my opinion thats if we set individual magic number for each pair then how can they recognize to each others to protect the account if happing the catastrophic movement ? At least if we use same magic for each pair then they will try to recognize their phase and will do thats.

Its my personal opinion so if i wrong then pls correct me and advice which one will good for us.

Thanks in advance for your kind reply !

I´d say lets find out. I made a signal using the same magic number for every phase and lets if there is a difference. https://www.mql5.com/en/signals/1751812?source=Site+Signals+My