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Golden Goal (GG): Behind the Scenes – My Trading – March 13, 2024

The constant study of market behavior sometimes leads to the discovery of new potential strategies. While I continued to use other previously built strategies (Relax and The Forex Exchanger), I did not stop to research new possibilities in terms of trading strategies and coding/optimization approaches for better diversification.

Diversification is certainly key to a balanced and consistently growing portfolio. The Golden Goal Project (now simply called “GG”) was born from this intention.

GG is a mean reversion system that operates on 28 FX pairs. Contrary to Forex Exchanger, strategies are built in a different way, focusing on each symbol itself.

This means that each pair has a different strategy, different indicators, different rules in play than the other pairs. The shared concept between all strategies refers to the simple concept of “mean reversion.”

The “brother” GG is always too risky, as it can average out entries from multiple positions, without strictly increasing it much.

For GG, a large portion of our research time was devoted to a “recovery approach” to reduce risk and provide a smoother asset curve. Thanks to the recovery method, the basket can react more dynamically to the market, and the target profit becomes less greedy thanks to the “accommodation” of closing the oldest losing trades to improve the average price.

In the following article, you will clearly see that the explanation of the symbol (increasing the deposit load) activates the recovery method of closing the trade at a loss, increasing the chances of closing the basket earlier with very smooth results.

Note: All of the following screenshots were taken with the recovery method enabled. Of course, you can choose not to activate the recovery method, but honestly, I think we need to increase acceptance of the right rights if we want to remain profitable in the market.

result live account Using multiple instances of EA as a recovery method:

The screenshot above is taken directly from my “GG Secure” account records. You can use it in mql5 signal via this link: https://www.mql5.com/en/signals/2177489

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