ec-
I thought of a way to ensure protection on really big moves.
It's another indicator that you may like to use as another filter, or instead of the RSI.
It is a velocity indicator.
I was thinking....people could use 2 ways. 1) Use the hedge on huge moves only, like a multiple hundred pips fast move. You could use this as filter to say "fire the hedge when velocity is greater than 13." (speed up the period in indicator to be 10 instead of 14). That way the hedge could be based on velocity, not on levels.
or 2) Maybe we would want to increase the hedge_factor when the velocity is larger than 13. That way the hedge trade can overcome the other losses faster on a fast run. This would allow us to NOT have to go 10 levels deep to catch up on a fast move.
OR...maybe you have a better idea?
http://i1084.photobucket.com/albums/...ity-filter.jpg
Play around with the idea and let me know what you think?
I thought of a way to ensure protection on really big moves.
It's another indicator that you may like to use as another filter, or instead of the RSI.
It is a velocity indicator.
I was thinking....people could use 2 ways. 1) Use the hedge on huge moves only, like a multiple hundred pips fast move. You could use this as filter to say "fire the hedge when velocity is greater than 13." (speed up the period in indicator to be 10 instead of 14). That way the hedge could be based on velocity, not on levels.
or 2) Maybe we would want to increase the hedge_factor when the velocity is larger than 13. That way the hedge trade can overcome the other losses faster on a fast run. This would allow us to NOT have to go 10 levels deep to catch up on a fast move.
OR...maybe you have a better idea?
http://i1084.photobucket.com/albums/...ity-filter.jpg
Play around with the idea and let me know what you think?
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J_TPO_Velocity.mq4
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