Modified Grid-Hedge EA in MQL5 (Part III): Optimizing Simple Hedge Strategy (I)
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, 05-20-2024 at 06:39 PM (230 Views)
more...Welcome to the third installment of our "Optimizing a Simple Hedging Strategy" series. In this segment, we'll begin with a brief review of our progress to date. So far, we have developed two key components: the Simple Hedge Expert Advisor (EA) and the Simple Grid EA. This article will focus on further refining the Simple Hedge EA. Our goal is to improve its performance through a combination of mathematical analysis and a brute force approach to find the most effective way to implement this trading strategy.
This discussion will focus primarily on the mathematical optimization of the Simple Hedge strategy. Due to the complexity and depth of the analysis required, it is impractical to cover both the mathematical optimization and the subsequent code-based optimization in a single article. Therefore, we'll devote this article to the mathematical aspects, ensuring a thorough exploration of the theory and calculations behind the optimization process. In subsequent articles of the series, we will shift our focus to the coding aspect of optimization, applying practical programming techniques to our theoretical foundations established here.