Forex Strategy Hedge Hog is not just a simple and very easy forex strategy, not requiring little or no knowledge in forex trading, all you need — to know the basics of trading platform Metatrader 4, and strict adherence to very simple rules strategy …
Thus, the essence of strategy Forex Hedge Hog:
Every day at 00:00 GMT (5 days a week — Monday to Friday) opened two trading positions on EURUSD currency pair in opposite directions: on the Buy and Sell on equal lots.
It should be noted that not all forex brokers allow you to open trade in opposite directions, so that possible solutions to this problem is to open 2 accounts and trade on different terminals. Ideally suited as a company Forex4you (always allows you to open the transaction in the opposite direction)!
At the same stop-loss set does not need!
Fits only take profit away 14 points from the entry price into the market.
And as strange, but Most of the trading days will bring you a profit of 28 points.
This amount of profit was not chosen by accident — conducted the analysis on historical data, it was observed that the rate of profit in 14 points:
Buy orders were profitable in 83.5% of cases
Sell orders were profitable in 85.7% of cases
The risk that, in general none of the public order will not be closed with a profit of 14 points in the same trading day, was only less than 1.5%.
More than 80% of trading positions are closed with a profit during the same trading day.
About 95% of trading positions, not closed with profits on the same trading day, closing within 1-3 business days (and thus very often — on the next trading day).
If 1 or 2 trade positions are not closed with a profit within 48 hours after opening, it must be closed manually! And after that, the size of the trading position is in WAY unprofitable transaction on the next trading day should be increased by a factor of 2 (ie if 48 hours have passed and you shut down an unprofitable transaction manually in the 0.00 to GMT, then immediately after closing, opens up new, but one of them uvelichina 2 times).
IMPORTANT: If at least one of the positions are not close during the trading day — on the following day the new orders will not open at all!
Statistics for the last month (from 3 to 31 August 2009 inclusive):
- Number of points earned — 504
- Number of closed items with a loss — 56
- Total income per month — 448 points!
At the end of forex strategy you can find forex indicator for MT4, which helps you to visually define the borders zakytiya profits and thus evaluate the performance of this strategy Forex Hedge Hog (if the red or blue line broken at least one item, so the deal was closed on take- profit). Look better on the hour interval.
- The variables in the indicator as follows:
- Offset = 14 — the value of a take profit.
- TimeZoneOfData = 0 — time schedule — GMT 0.
- Download forex indicator for MT4 — HedgeTest.mq4
- Also see an updated version of forex strategy Hedge Hog — 2!
At this point you can use it for free and try to pick up options on their own to any other currency pair!
See here: How to test and optimize forex advisor Metatrader 4?
Hedge Hog version 1 — take profit = 20 points:
Helge Hog version 2 — constant volume ofLot 0,1:
Helge Hog version 2 — dinamic changes the volume of transactions (more risky way to trade — are large drawdowns)
