Tuesday, November 20, 2018

Zone RecoveryThe biggest and only major issue when hedging a...



Zone Recovery

The biggest and only major issue when hedging a recovery zone is when a consolidation zone also happens and matches the recovery area. This is the case here, and the Auto Recovery EA seems to open hedging trades at approximately the same levels as the consolidation zone - exactly when it shouldn’t.

The solution is simple. First make sure that you have set a reasonable Maximum Orders so the EA will stop placing new orders after this is hit. Secondly, just wait for the price to breakout of this consolidation zone, retrace and then finally place a hedging order with the trend.



from RobotFX https://blog.robotfx.ro/post/180310224157
via RobotFX

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