Greetings,
I found this system on another forum. The forum is not very active at all, so I thought I would post it here to get feedback. I will also try to post an EA and strategy tester report if I can. Here is the system:
True Hedge System:
EUR/USD
AT 0:00GMT place 2 orders BUY and SELL ,
BUY 2 lots 1.2110
SELL 2 lots 1.2108
THIS WILL GIVE A FLOATING TOTAL THROUGH OUT THE DAY OF -$8 (MINI ACCOUNT)
NOW AT THE END OF DAY CLOSE WHICH EVER DIRECTION IS IN POSITIVE PROFIT. NOW CLOSE THE OTHER SIDE BY 1 LOT.
REPEAT AND PLACE ANOTHER 2 ORDERS LIKE BEFORE BUY/SELL . LEAVE THE FLOATING LOSING 1 LOT TRADE OPEN.
NOW AT THE END OF DAY AGAIN CLOSE WHICH EVER DIRECTION IS IN POSITIVE PROFIT. IF THE PRIOR LOSING TRADES HAPPENS TO TURN AROUND IN POSITIVE THEN CLOSE THAT SIDE, OTHERWISE CLOSE THE OTHER SIDE BY 1 LOT.
THEN REPEAT ALL AGAIN
HOPE THIS IS CLEAR, SIMPLE AND EASY SYSTEM.
I found this system on another forum. The forum is not very active at all, so I thought I would post it here to get feedback. I will also try to post an EA and strategy tester report if I can. Here is the system:
True Hedge System:
EUR/USD
AT 0:00GMT place 2 orders BUY and SELL ,
BUY 2 lots 1.2110
SELL 2 lots 1.2108
THIS WILL GIVE A FLOATING TOTAL THROUGH OUT THE DAY OF -$8 (MINI ACCOUNT)
NOW AT THE END OF DAY CLOSE WHICH EVER DIRECTION IS IN POSITIVE PROFIT. NOW CLOSE THE OTHER SIDE BY 1 LOT.
REPEAT AND PLACE ANOTHER 2 ORDERS LIKE BEFORE BUY/SELL . LEAVE THE FLOATING LOSING 1 LOT TRADE OPEN.
NOW AT THE END OF DAY AGAIN CLOSE WHICH EVER DIRECTION IS IN POSITIVE PROFIT. IF THE PRIOR LOSING TRADES HAPPENS TO TURN AROUND IN POSITIVE THEN CLOSE THAT SIDE, OTHERWISE CLOSE THE OTHER SIDE BY 1 LOT.
THEN REPEAT ALL AGAIN
HOPE THIS IS CLEAR, SIMPLE AND EASY SYSTEM.