Hedge and Correlation Strategy

How does this LINE TRADE strategy work? My testing is good so far. Could you explain? Please.

Hi Ighr, Thank you very much for the Boll Hedge 1.7 EA !
i-am testing it for a While with good Results.
For more secure trading it must have a integrated time Module to put on and off the liveTrading session!
nice to hear from you!

do I have to attach the ea to only one chart? TF15

Hi bud2000

can you please help me on how to set up my chart? is there any indicator or it just the ea only. please advise. cheers

Hi Tlfinau,
You only need the EA on the Chart

Yes, currency correlation is one of the most popular trading system here, but I have very bad experience on it! And now I seem, every trading pair moves based on its own principle! Like, if I get a buy trade on EUR/USD and in the same time sell trade on GBP/USD then I will use both of them with enough number of SL and TP levels!

Hi, Can you guys, tell me why my EA not working? I got it from online. but its not run in mt4 real or demo. Its name Sure-Fire_ Forex_Hedging_Strategy EA . Or do you have any working one, that you can share?
Thanks a lot.

Any hve looke this EA please Upload
EURUSD USDJPY EURJPY
Buy buy Sell
After 10 pip open new inverse ordr
Sell sell buy

Health,
Can this file .mq4

ZScore Diff 3 pairs EA_012

This method is worth a try.

re post

update.

I appreciate @Dreamliner does not appear to visit this thread anymore, however, I have a question for Dreamliner if he happens to pass by, or anyone else who can assist please. Do you still use the strategy successfully in its originally form as outlined in post 1?

The other question I have, which I would be grateful if anyone could assist with, is this. Although, I have read from page 95 to the last page, and the first post and first 20 pages, but unfortunately it is still not very clear how to set-up and trade this strategy in its pure form as outlined in post 1. There have been so many EAs, indicators, variations that is has become so confusing.

From what I can gather from post 1 and DL’s post 3,3356, 3,361 and 3,362:

(1) DL uses two indicators (from post 3,361) – Tradable Correlations 1.8(1).ex4, Stochastic different pairs 1.7 3.ex4, and a template (from post 3,362) – correlation.

Are these the correct indicators and template to use?

(2) In post 1 he states:

3. Open 5M charts on your MT4 platform for all the pairs selected in the steps above. Place the “Stochastic Different Pairs 1.4b” indicator on each of the charts.

(a) I take it ‘Stochastic Different Pairs 1.4b’ should now be Stochastic different pairs 1.7 3?

(b) Also, when I attach Stochastic different pairs 1.7 3.ex4, which ever chart I attach it to, it just displays EURUSD and EURJPY. Do I have to go into the settings and change ‘FirstSymbol’ and ‘SecondSymbol’ settings to the symbols on the chart I attached it to?

(c) Somebody asked the following question in a post, but did not appear to get any answer to it. What do K = 100, D = 1, S = 1, in the Stochastic different pairs 1.7 3.ex4 mean? Also:

What does Delta pip mean or used for?
What does Correlation Periods mean or used for?
What does for example ‘EURUSD Diff 53 Coincides with EURJPY mean?
What does for example ‘Correlation D1 @ 50 Periods = 26.8% mean?

What I am asking basically is what am I looking for to decide whether to take a trade or not?

(3) What is the purpose of the ‘Tradable Correlations 1.8(1)’ indicator? Do we need both - Tradable Correlations 1.8(1) and Stochastic different pairs 1.7 3?

What does for example ‘CADJPY | EURCHF C: 76% Sp. 3.3 Df - 96 mean?

I do apologise for so many questions. I have read as much of the posts in the thread as suggested, but unfortunately, I did not come across any posts that made these any clearer. Most of the posts were just about different EAs, indicators and variations of the original strategy.
Many thanks.

.....

Looks like nobody trades the original strategy any more then!

i tried this !3 hedge EA in demo account and it always gives loosing trades.

1.8

does anybody still trade this strategy?

Hi Ighr,

Great EA.

Any chance you could please add a lot risk management option and also a option to have multiple orders open on same chart.

Look forward to hearing from you

Thanks!

BUMP!