For the purposes of this experiment, I use only mathematics and these are the key assumptions:-
1. I trade price and have no control over what this does (direction) or when it does it (time)
2. I trade volatility and have no control of how forceful this will be (sigma) or when it will occur (time)
3. Time is a given and factors into price and volatility in the sense that we have no control over when an event will happen (news is ignored), only after it happens, but we can plan to do something in the future at a specific point, if it is reached.
The things I have control over are size and spacing (distance). I apply size over a space I define and have planned for if it is reached. I do not know when it will be reached or if it is going to be reached, or possibly even if it is going to be surpassed by some way.
I assume that I do not know or care about direction and hence I do not use any indicators in this experiment.
All trades are conducted on an ordinary CFD account, no spreadbet, no multiple accounts. Hedging is used on single instrument to lock in at points of synchronisation, but not all of the time.