Hi, I have some hedge positions in a Forex pair which are far away from each other and I'm trying to solve that somehow. Of course I could close all positions, but that would be boring and not what I wanted.
I've tried to build up positions with SL in the middle in order to eliminate positions at both ends of the range, but that's very hard. I've written down all the positions in an Excel file, looked at the point value of each of the positions and tried to work with that. That helped a little. So I wonder, if there's some indicator which could help me a little more with hedged positions.
I've found https://sites.google.com/site/market...a/basket-stats ... but that has not detailed enough information.
Ideal would be: An indicator which shows at which levels are the "heat maps", meaning where on the price graph do I have what point value. Then, show the average price and the middle of the range.
I'm updating this post by indicators which I've found so far and which I find useful.
I've tried to build up positions with SL in the middle in order to eliminate positions at both ends of the range, but that's very hard. I've written down all the positions in an Excel file, looked at the point value of each of the positions and tried to work with that. That helped a little. So I wonder, if there's some indicator which could help me a little more with hedged positions.
I've found https://sites.google.com/site/market...a/basket-stats ... but that has not detailed enough information.
Ideal would be: An indicator which shows at which levels are the "heat maps", meaning where on the price graph do I have what point value. Then, show the average price and the middle of the range.
I'm updating this post by indicators which I've found so far and which I find useful.
- FX hedger, Download here: http://forexop.com/products/mt4indicators/6895/ (free registration required)
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