There is no such thing as 100% winrate...If your hedge remained in the trade when you returned at the next open, would you exit and take your loss and re-enter?
Also an EA that would exit any open trades at 16:59 (est) and re-open your trades once at the open of each day 17:00 (est) would be convienient.
ES
P.S. Also averaging down one side of the hedge on dips/rises might enhance the weighting and cause your exit to be reached faster...then simply have the EA re-enter after the close all exited...the self adjustment method I am suggesting will correct the ebb & the flow that the correlation variance in the hedge, presents..Figuring out whih side is cause the correlation to widen is the trick...does one avarge down the dip...or pyramid....
Quote:
Originally Posted by juxta14
Yes I am using it on a live micro account.
It all depends on your take profit level. Just started using it close to a month now, at least 10 pips a day if you set it at the beginning of the trading day 0:00 Gmt.
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