Disliked{quote} You have really picked the most dangerous pair in my opinion. Brexit and Coronavirus...Ignored
(Also don't expect the virus to have much of an effect on markets.)
QuoteDislikedWhich brings me to a question: has somebody already performed a hedging on the same pair? I am asking because I am trying to find a setup that would have survived XAUUSD over the last tow months. So I was thinking of hedging XAUUSD with XAUUSD. Until now I have not found a setup that would not go in a deep DD to the end of last year.
If someone else has had some luck with hedging I'd like to hear about it. I understand why no one seems to use it.
QuoteDisliked... Anyway, I wished that when we have a working setfile, we could discuss and find out WHY it is working. Or in contrary, like Richard now, why his setfile did not work. Even after extensive testing.
The problem with my set file was well tested and understood. Its really an indication of the simplicity of the Blessing approach: using a few oscillators find repeating patterns in past price action. Blessing is not 'smart'. Fortunately, if used carefully it can sometimes work surprisingly well.
QuoteDislikedMany people call Blessing a beast. I agree: so many parameters, difficult to tame it...
Blessing can be a beast if you trust one single instance to perform for you. With careful tuning, even that can work out well often. But diversifying makes sense.
Blessing may have lots of parameters. But the original development team seemed to suggest you don't change most of them. That's one way. I'm an over-optimizer. But I get results.
You can build winning set files with one or two quick passes with the genetic optimizer if you prefer. I sometimes optimize four or five pairs at a time in a few hours. (Unlike MT5, MT4 only uses one processor per Strategy Tester. I can test at least ten at one time.) Forward testing on demo for a week or a month is where the good ones show themselves. Most are profitable. Some really excel. Those are the one's I trade live.
Good luck!
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