Yes, I know there's a lot of threads -- I've been involved in a lot of them -- just thought maybe you had a twist you wanted to share.
DislikedThere have been loads of threads about Hedging, most people are against it in one form or another due to various reasons.
However, the entry signal is key.
eurchf=eurusd*usdchf
you then need to take into account correlation between eurusd and usdchf and divergence across all 3 currencies.
also, what timeframe you use for the above calculations can have a signigicant bearing on the outcome of the trades. i.e. + or -Ignored