Simple Hedging System

Posted by Muri 17 April 2011 at 2:07 PM
This is a very simple system that uses two Non Correlated currencies, using an Indicator that monitors the profit/loss of the Trade.

Keep adding to position if Basket Profit Indicator shows a loss.

The Lot size is determined by using Multi Hedge Calculator( Excel).
Download Indicator is Basket Profit 2 Pairs :
Basket Profit 2 Pairs sq.mq4
multihedge_calculator_144.zip
OverLayChart.ex4
 OverLayChart.mq4


The currency pair I use are AUDUSD and EURAUD. Buy AUDUSD SELL EURAUD.   Reason: Both gives positive Swap in case it has to be carried overnight

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