Hello
i have a good hedge strategy i found it before in the forum but i made some modification on it. The original strategy is a hedging strategy depend on TP=30 and SL=60 and lots sizes starting from 0.1, 0.3,0.6,1.2,2.4 and so on and the TP is fixed
and taking position distance between B/S =20 pips
but my method is
TP=30
SL=40
taking position distance between B/S =10
lot sizes starting up from 0.01,0.02,0.03,0.06,0.12,0.24
as in the following picture
if the first target did not reach and we achieved the second target we will earn
-40+2*30=20 pips
if the second target did not reach to and we got the third target, then we will earn
30-80+90=40 pips
if the third target did not reach and we achieved the forth target, then we will earn
-40+60-120+180=60 pips
if the forth target did not reach and we achieved the fifth target, then we will earn
80 pips
and sixth will be 160 and so on
i have a good hedge strategy i found it before in the forum but i made some modification on it. The original strategy is a hedging strategy depend on TP=30 and SL=60 and lots sizes starting from 0.1, 0.3,0.6,1.2,2.4 and so on and the TP is fixed
and taking position distance between B/S =20 pips
but my method is
TP=30
SL=40
taking position distance between B/S =10
lot sizes starting up from 0.01,0.02,0.03,0.06,0.12,0.24
as in the following picture
if the first target did not reach and we achieved the second target we will earn
-40+2*30=20 pips
if the second target did not reach to and we got the third target, then we will earn
30-80+90=40 pips
if the third target did not reach and we achieved the forth target, then we will earn
-40+60-120+180=60 pips
if the forth target did not reach and we achieved the fifth target, then we will earn
80 pips
and sixth will be 160 and so on
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