How did you come to have such a relaxed off hand way out to the side or just dangling down by your hip? Most sources I've seen say to keep it up behind your head or up beside your face or with your hand on your hip behind you, or even across your stomach in the older broadsword manuals. But I've seen you have your hand positioned like this in other videos with broadsword as well. I understand the usual advices are to protect the hand and also to either be able to throw it back on a lunge or in the case of having it by your face, to be able to parry with it. I like your method here, just wondering how you came by it.
So I vary it a lot. It is taught relaxed and low in modern fencing. It's taught relaxed and low in Thomas Page for broadsword, as well as others for various guards (James Miller on a hanging guard and st George for instance). It is taught in smallsword and rapier for Destreza. I do different hand positions and no longer care or think about it much. If I need it high I will use it high. If I'm going to hand parry I'll put it up. If I want to focus on blade work I relax it. It generally extends behind me. While period sources show it up a lot for classical form. Those same classical fencers have it low in epee duels as often as not. Or up and relaxed like I do. It is also low when holding a scabbard as seen in Angelo plates. The main point is to stay balanced and use the body naturally. The arm can be a counter balance when you need it to. Or not. Anything goes.
ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-HFzAB4mwB5k.htmlsi=oqArfPnEuAhKvgKV Take a look here. Classical form. In earnest bouts it's all over the place, up down, low, extended. Relaxed.