| Title: |
DESAIN ALGORITMA DAN IMPLEMENTASI ROBOT TRADING FOREX HEDGING DAN AVERAGING |
| Authors: |
Fat, Joni; Utama, Hadian Satria; Candra, Henry; Pranoto, Wati Asriningsih; Yoshua, Axel Irving; Gilbert, Tyven Christopher |
| Source: |
Jurnal Muara Sains, Teknologi, Kedokteran dan Ilmu Kesehatan; Vol. 7 No. 2 (2023): Jurnal Muara Sains, Teknologi, Kedokteran dan Ilmu Kesehatan; 115 - 122 ; 2579-6410 ; 2579-6402 |
| Publisher Information: |
Universitas Tarumanagara |
| Publication Year: |
2023 |
| Collection: |
E-Journal Universitas Tarumanagara |
| Subject Terms: |
averaging; forex; robot trading; triangular hedging |
| Description: |
This study aims to design and evaluate the performance of a forex trading robot that implements hedging and averaging methods in the forex market. With the combination of these methods, the robot is expected to generate significant profits while managing risks effectively. Triangular hedging method is utilized to protect capital and reduce risk against market fluctuations, while averaging method is employed to enhance profit potential. This research is expected to provide a better understanding of how the strategies employed can effectively manage risk and increase profitability. The test results show that the forex trading robot implementing hedging and averaging methods managed to achieve a significant increase in profit accumulation, with a growth rate of 175.58% during the testing period, from June 9 to September 20, 2023. Although there was a daily fluctuation of 0.50%, the robot successfully achieved a monthly growth rate of 42.42%. This is also reflected in the increase in account balance from 100 USD to 275.58 USD and a total of 865 pips gained. Despite a drawdown of 61.42%, this did not hinder the robot's performance in consistently generating profits. The application of hedging and averaging methods in forex trading robots can be an effective strategy in optimizing transaction performance in the complex and dynamic forex market. By utilizing this combination of strategies, trading robots have the potential to be utilized by forex market participants in achieving their financial transaction goals. Nevertheless, this research also highlights the importance of continuous monitoring and evaluation of trading robot performance to identify and mitigate potential risks and improve long-term performance consistency. Keywords: averaging; forex; trading robot; triangular hedging Abstrak Penelitian ini bertujuan untuk merancang dan mengevaluasi kinerja robot trading forex yang menerapkan metode hedging dan averaging di pasar forex. Dengan kombinasi metode tersebut, robot diharapkan dapat menghasilkan keuntungan ... |
| Document Type: |
article in journal/newspaper |
| File Description: |
application/pdf |
| Language: |
English |
| Relation: |
https://journal.untar.ac.id/index.php/jmistki/article/view/29089/17441; https://journal.untar.ac.id/index.php/jmistki/article/view/29089 |
| DOI: |
10.24912/jmstkik.v7i2.29089 |
| Availability: |
https://journal.untar.ac.id/index.php/jmistki/article/view/29089; https://doi.org/10.24912/jmstkik.v7i2.29089 |
| Rights: |
Copyright (c) 2024 Jurnal Muara Sains, Teknologi, Kedokteran dan Ilmu Kesehatan ; https://creativecommons.org/licenses/by-nc-sa/4.0 |
| Accession Number: |
edsbas.2FB43436 |
| Database: |
BASE |