The script cycles through your open orders and asks which order/s you would like to Hedge.
Once you select an order to hedge. The script calculates the best possible synthetic hedge for that position, based on the combination with the lowest transaction cost then places the orders in proportion to the position selected.
For Example: if you elect to Hedge a 25 lot short USDJPY position; the script will open a 25 lot long EURJPY, and 27.73 short EURUSD position.
Lite version works on demo accounts and live accounts with balances up to $1,000
Conforms to CFTC and NFA “anti-hedging” regulations
Recommendations:
Only use this if you completely understand synthetic derivatives or triangular arbitrage.
MetaCOT 2 CFTC ToolBox (Set of… Contents GENERAL PROVISIONS Brief description Installing the libraries and indicators Several indicators in one window Exporting CFTC reports to CSV…
MQL Plus Enhanced Debugging… Features Features three domains of functionality. - Debugging, Tracing and Performance measurments - Simple to use "Print any variable" to…
Testinator for testing massive… Welcome to the Binary Testinator. The Purpose of this EA is for testing different Indicators to optimize a trade scenario.…
Self Optimizing RSI or MFI… It is a dream of mine to have a robot that optimized itself, that way I would know that it…
Function library and Experts for… The algorithm for maintaining and closing a position is known to be almost more important that the rules for opening…
FOREX Currency Powers - EA MetaTrader 5 Description: MetaTrader 5 allows creating synthetic instruments. The price of such instruments can depend on the current values of a…
