Ultra Hedge *Beta* - JPow
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)
Besides the fact that not necessarily all 3 components of each Phase open at the same time,
the pair(s) which go with the trend just close with small profit(TP), and the hedge pair(s) keep on martingaling until profit.
So, how is the hedge reducing the (unlimited) martingale risks here?
In reference to the additional Gold set, N and B set opens at the same time, the same direction, TP the same.... I don't mind adding this set, but don't see the reason why there's N and B set.
hmmm, actually, if there's USDJPY in the mix, I've noticed that they and perhaps other currency pairs had Correlation among them.
So perhaps we could add one of the setn rather than 2?