EUR/USD and USD/CHF Hedging Strategy

Here is the other account EA, ignore the first lot of losses that was from an EA I am not using any longer. look at other trades, the ones with five pairs is the hedge EA I bought and was having drawdown on small account but with 500k it works well. It can play with 300k in floating trades. Or whatever risk I set it to. Anyway it is not a free EA so I cannot post it here. The GBPJPY trades are not from this EA, some of the trades are also manual, the small few highly profitable trades were by me, no losses on those ones.

I think I've proven hedge trading works even though I am not as experienced with it as I'd like to be. I know these are only demo account statements, still good to see though. Does it prove some EA's will allow you to earn more than a years income in one day? Anyone willing to trade such EA's live?

The 500k account above is still doing well but remember I am using two EA's and my own manual trading.

The original hedge EA has crashed and burned

Remember my post last week 23rd November... above saying it would be interesting...(post 28 and 31)this is what I meant. I knew when it took out a buy at an all high and a sell at a low with these hedge pairs it will crash and burn. It had to, this only proves the need for an intelligent EA. using Artificial Intelligence based on historic price ranges it can calculate solutions in real time rapidly. We need that! And we need it to NOT buy at new highs - only sell and NOT sell at all new lows only BUY. That simple. And this is not intelligent, it is dumb as it is programmed to. I wanted it to be automated and knew it could not be without using AI.

It would be wise to consider this and take it as an example for all EA's they all fail in this area. They are all stupid to keep on buying and selling in the wrong direction, unlike the human brain, so we need to fill a gap with some brain power in coding of AI.

See statement for info.

Hi, in the picture you sell usd/chf and buy eur/usd this is bad, because is negative correlation, you must buy usd/chf and buy eur/usd. Tell me results. Good bye.

What is this EA all about how do u know when to actualy place buy/sell for the currency

The problem for this man EA margin call and system blamed is that he use onlu buy eur/usd and sell usd/chf.It will work simple only when trend is up and only then,when trend for eur/usd changes direction account is finish.
Other problem man was using fixed profits +7-8 pips and same time open another same direction possitions.On this he loose all time spread pips witch is 7-8 pips.For example on 23rd when hi blamed acc all orders he mande from first till last he,s gain all together was +50-55 pips on eurusd and 40-50 for usd/chf,but pair already goes 190 pips from first trade and last trade on 23rd,it,s mean that this man should open and keep ++ opened positions till +100-200 pips daily,chance shows graph but he gain only from 185-190 on 23rd only 1/3 just because after closing profits open again same orders just pay broker spreads.
Other thing is to make tthis system profit is to code in EA thing that each day EA choose buy eur/usd and sell $/chf from previous day eur/usd d1 candle.If it,s close possitive next day order will be buy eur/usd sell usd/chf and if previous day d1 candle close price was negative - very important is to sell eur/usd and buy usd/chf.Also is neccesary stop loss if at the beggining day it will turn _50-60 pips agains me,it should stop trade and keep till+100-200 pips if it is positive,dont limite it,it will arise loss from limit.Thing how to choose when sell and buy with previous mentioned you will solve other blamed acc problem that way you will follow trend line.
I hope somebody can create EA for idea like this and share here,because I can,t create EA myself.

Best regards

Is there anyone still using this strategy with positive results? thanks

It's such a ridiculous system that I doubt that anybody could profit from it


You will have a net exposure to EURCHF, so it is much simpler to Buy EURCHF and only pay one spread.
If EURCHF rises it will profit, if EURCHF falls, it will lose. There is no hedging at all.

Hi guys ... I just had to reply to this thread. Stop saying Buy EURUSD and Sell USDCHF. That's non-sense. You have to Buy both pairs to hedge! As the two pairs have negative correlation, that means that if one pair goes up the other pair goes down. And that's how you edge, otherwise you're totally gambling betting twice the amount you should risk. Another type of hedging within these pairs would be to Buy EURUSD and Sell GBPUSD, and that would be because EURUSD and GBPUSD have positive correlation!

Hi guys... I'm currently testing this Expert Advisor, if you'd like to take a look on the performance, I have a signal on the mql5.com site, here's the link:

http://www.mql5.com/en/signals/57594

I'm planning on running it for at least a year or more, let's see how it goes.

I'm sorry guys.. I had to delete the signal. The drawdown had been too high for about three weeks already and I needed to use my VPS for better purposes.

The idea of hedging these two pairs is interesting but I think it has to be improved. That's also something pending for me, as soon as I can I think I'll trade to make a better EA based on the same principle but keeping in mind that the EURUSD trading range is higher and also the pip value is different.