What the F*** is three directional hedging ??
Well This technique involve 3 forex pairs made up of combinations of 3 currency only.
For example EUR, USD and JPY make EURUSD, EURJPY, USDJPY.
The concept involve is taking 3 trades with opposing nature with the three pairs, so that each currency has a buy and sell order in the market.
As a result, two out of the three will always go into positive while one goes into negative. The combine result is what makes the profit.
For example: EURUSD - buy, EURJPY- sell, USDJPY- buy . or just flip the trade if required.
There is no TP or SL .
Trades are closed when certain percent of gain is made or certain percent of loss is made.
in one pair EUR is Buy while another pair EUR is sell. and same goes for rest two currency. This protect itself from any kind of news related movement and even in case of extreme movement, the overall balance is maintained.
When you open trade take all three and when you close trade, close all three. That's all to this logic.
Here is the EA attached which does all this.
Attached File(s)
Trident.ex4
40 KB
|
203 downloads