DislikedHi animal20
I have written a very simple ea to try and test the system. First couple of days did well then this week went deep into DD. What I am now doing is trying to work out the maths behind the system. I have found these so far:
http://www.forexfactory.com/showthre...73#post3797373
and
http://www.forexfactory.com/showthread.php?t=392932
I am thinking in the lines of using this to perhaps give an opening trade direction ie. BBS or SSB
To do your trade management try this:
http://www.forexfactory.com/showthread.php?t=371147
I...Ignored
If we had a pair wich is still consolidating in about 100pip range it would be great but it is not real.
Now on - I think that basket EU/GU/EG is good choince because most of the time EG is consolidating. When we make two baskets like jeuro and kinghigh wrote that will lower the DD. The hole clue is to calculate which renko box size on which pair is best and also tp/sl for each hedging pair.
About the backtesting. It is possible to do that. The new meta trader 5 can backtest multicurencys at once - so tralling the profit of the basket is possible, (secondary problem is how to test multicurency renko

Last question, which pair have You tested ?