Spielers Hedge Divergence StdDev indicator for trading on EUR/USD and USD/CHF
Spielers Hedge Divergence StdDev indicator - is a tool that identifies correlation between the currency pairs EUR/USD and USD/CHF and determining entry points based on a rather interesting approach.
How to trade using the Spielers Hedge Divergence StdDev indicator
Indicator Spielers Hedge Divergence StdDev installed on the chart of the currency pair EUR/CHF, the recommended timeframe H1 and H4.
When to open a position:
- When the indicator shows +0.20% - sell 1 lot of EUR/USD and 1.5 lots of USD/CHF, if the indicator reaches +0.30% - sell the same amount. The indicator rarely reaches 0.45% and higher. For sell positions it is the other way around.
When to close positions:
- Part of the sell positions are closed when the indicator decreases to 0%, completely all positions are closed when the indicator decreases to -0.20%. For sell positions it is vice versa.
It is quite possible that by experience it is possible to determine additional parameters of opening and closing deals, which will increase the efficiency of Spielers Hedge Divergence StdDev indicator.
Download Spielers Hedge Divergence StdDev indicator
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