I would check 20 times in all timeframes before jumping in and open no more than 2-3 sets (I have 3 sets open now) with confidence that I can average down for sure.. Look 1 Week or even 1 month time frame and find the biggest spread.. That's how ...

Hedge and Correlation Strategy

Yeah, trades could take long time (days or even weeks) to run in right direction. Spread is a killer also.. Most of those funky pairs had 5+ spread and some even 8+ pips open 6 trades and you got (- 30 -40) pips right on the spot.

Hedge and Correlation Strategy

Guys, is there current correlation quote for 2 pairs anywhere? I don't trust those Charts they really showing some strange things. Before enter would be GREAT idea to check current correlation quote. Is there a way to do that? Thanks.

Hedge and Correlation Strategy

Ok will have check how it works.. Thanks P.S My other babes EURCHF EURJPY closing the gap for a handshake

Hedge and Correlation Strategy

The real disadvantage of this system is that you have to actually babysit the Trades. Impossible to set TP as no one knows at what point pairs will met.

Hedge and Correlation Strategy

I cannot beleive this but Interbank FX doesn't have CADJPY.. strange. Not a single pair starts with CAD in their MT4

Hedge and Correlation Strategy

Magic word: Russian Vodka

Hedge and Correlation Strategy

It's a good idea to start with smaller lot, if it works then ok, and if it keeps spreading more to some point just average down and BUY/SELL again, because it's almost impossible to time those trades exactly at the highest spread.. I'll be averaging ...

Hedge and Correlation Strategy

All I can tell you, unless you already know, you have to look and compare all possible time frames H1, H4, D1, or even more, if you wish.. That will give you the full picture.. Looking only H1 chart TF will tell you nothing! It's like "$1.44/EURO" ...

Hedge and Correlation Strategy

Actually the best approach is to switch them from time to time Was using those ---- EURJPY-GBPJPY EURUSD-AUDJPY CHFJPY-EURUSD ---- Now trading some others.. EURCHF/EURJPY crazy spread right now but on daily basis corelation over 70% just enter that ...

Hedge and Correlation Strategy

On 3 pairs for less than 4 hours run into 128 pips profit.. On very small lot though of course since I'm still testing this, but it's on live account! Only need better charts..

Hedge and Correlation Strategy

"Once on your chart, right click "Chart Elements" and "Price Overlay"." And that will draw second chart? If so, that's very good will download now.. Thank you.

Hedge and Correlation Strategy

Do trade station platform have Overlay charts option? Thank you.

Hedge and Correlation Strategy

What is that "Market Score" some Indy? Could you please post it so I can give it a try? Thanks

Hedge and Correlation Strategy

"trade on the charts with staticoverlay indi" Guys, I'm telling you, all those Indies create FAKE charts. You want to lose money - use them. Load "Saticoverlay" Indy and then go to dailyfx.com draw exact same chart and you will see, that ...

Hedge and Correlation Strategy

This is also fake and I take trade based on it. I'm glad just doing test with very small lots..

Hedge and Correlation Strategy

Guys there is a real problem with those indies.. Look what is showing on EU/GU.. Terrible! REFRESH DON'T help While in reality they are moving in 1 line right now ( I checked DailyFX.com) You can lose money based on those idies chart

Hedge and Correlation Strategy

Guys, is there anyway to Overlay 2 Charts in MT4 without indy? Problem with that IND_CHART_TITLE is when you switch between the screens it will draw lower or higher at times so REFRESH must be used, but I'm not sure if REFRESH is fixing the problem?

Hedge and Correlation Strategy

Can you please explain based on WHAT you trading those pairs??? Those are not correlated by any means not + nor - H1 correlation negative - 55% D1 correlation positive + 17% What exactly you are doing? Thanks.

Hedge and Correlation Strategy

Question "_Correlation IND HSTlite" Indy if it's showing like -0.0500 what that means? 5 pips? or "-5% current correlation" between 2 pairs or this is just some kind of Index?

Hedge and Correlation Strategy