I found this indicator from Chrsix. Looks like this may be of some help.

Hedge and Correlation Strategy

I have been looking into 2 pair profit calculator to add to a position. I would like to use simple MA on the indicator itself. I have been adding to a position when indicator moves to a 1Std Deviation. So far seems to be doing fairly Ok. May be you ...

Hedge and Correlation Strategy

Thanks

Can anyone customize this Basket Profit Indi?

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Simple Hedging System

Another Useful Indicator by SwingMan for this strategy

Simple Hedging System

I get it. I also sometimes use AUDUSD, EURAUD and EURUSD SELL AUDUSD SELL EURAUD BUY EURUSD A synthetic Hedge. I use Basket Profit 3 pairs indicator again by Squalou. There is a positive swap in this strategy as well even though it is not much. ...

Simple Hedging System

Can you please explain wht you mean by" Get to the pivot point"

Simple Hedging System

I already use it. But here I am trying to just look at Profit/Loss of the Pair and add to position.

Simple Hedging System

Let me try. Thanks

Simple Hedging System

Glad you are here. I like to add at St Dev 1.0. I don't put Stop Loss. I use one of Steve's Money management EA.

Simple Hedging System

I want to convert Basket Profit Indicator to Display as Histogram and not as a line. Can some one help.

Simple Hedging System

Chart and Indicator I have been testing it on 1 hr chart

Simple Hedging System

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.

Simple Hedging System

Same here. Demo account started at $95000.00 went up to 109000, now at 71000,all in two days. Still I feel is a good system , may need some fine tuning

Snow Roller - An Avalanche of Profits

An interesting article: url

Synthetic hedges, cointegration, mean reversion and similar stuff

You are probably right.

Is it possible to try a synthetic Hedge

Another great link on this subject: url

Is it possible to try a synthetic Hedge