Moving Average Hedge Strategy with a Virtual Profit Exit
Summary
This document outlines a two-symbol expert advisor that uses moving average conditions on a base instrument to open positions in both that instrument and a designated hedge instrument. Entry conditions are checked only when a new bar appears, while the combined positions are monitored on every tick for a specified virtual profit threshold. Once the threshold is reached, the advisor closes all positions.
The description identifies configurable trade volume, hedge symbol, fast and slow moving average settings, profit target, and an identifier for the advisor’s trades. It provides a USDJPY base and USDCHF hedge example, but does not explain the exact signal rules, the hedge ratio, or whether the positions are opened in opposite directions. No backtest, performance data, or risk analysis is included, so the text is a high-level description of an automated trading concept rather than evidence of its effectiveness.
Key ideas
- The advisor checks moving average entry conditions on the base instrument at the start of each new bar.
- A qualifying signal opens positions in both a base symbol and a selected hedge symbol.
- It monitors virtual profit on every tick and closes all positions when the threshold is reached.
- The description gives configurable trade size and moving average parameters but does not specify the hedge ratio or full signal logic.
- No performance evidence or risk analysis is provided.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.