Topic: Correlation Hedging Strategy EURUSD/USDCHF pair
This is my first post to this forum.
I'm currently trying FSB and EA Studio and very interested buying a license after the trial.
I have a question on creating Correlation Hedging EA Strategy in FSB. I'm not sure if it can be done.
The strategy is to buy 1 lot EURUSD and 1 lot USDCHF when the Correlation is above 90-95%. This correlation % changes over time and due to fluctuation in the market, both trade combination may be in Profit. So once the predefined profit target reaches then close both trade and make a profit. Until that point just hold it without much drawdown.
Can you explain if this strategy can be tested in FSB?
Thanks in advance.