Stop using HedgeHog! ~ forex trading tax singapore
I have a quite sad news for you, i backtested both hedgehog strategies with MetaTrader which i described earlier and results are not as good as i thought.
More over using HedgeHog you cannot even breakeven it is a fast way to loose all your money. It is interesting because when i backtested it with spreadsheet results where quite good, and i used the worst case scenerio because i was backtesting this strategy on daily bars, so modeling quality was quite low.
Although HedgeHog seemed to be simple and effective strategy, without a big drawdown, so everything should be ok but ... well it isnt.
If you want to try to trade this strategy anyway, then you better try it on demo first and do not use big lots.
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