Hedge_Dollar_Index_Against_Forex_Pairs_V1.mq4 |

Hedging DOLLAR.IDX/USD – USIDX

Euro – 57.6%

Japanese yen – 13.6%

Great Britain pound – 11.9%

Canadian dollar – 9.1%

Swedish krona – 4.2%

Swiss franc – 3.6%

Buy USDIDX 100% Value 100 point = 100$ Position size = 10000 10000 contracts Dukascopy = 100 TMGM

Hedge 100% in Forex Pairs

Buy EURUSD – 57.6% Value 1 pip = 57.6$ Position size = 576000 Lots 5.76

Buy GBPUSD – 11.9% Value 1 pip = 11.9$ Position size = 119000 Lots 1.19

Sell USDJPY – 13.6% Value 1 pip = 13.6$ Position size = 206060 Lots 2.06

Sell USDCAD – 9.1% Value 1 pip = 9.1$ Position size = 123809 Lots 1.238

Sell USDSEK – 4.2% Value 1 pip = 4.2$ Position size = 444000 Lots 4.44

Sell USDCHF – 3.6% Value 1 pip = 3.6$ Position size = 32300 Lots 0.323

Lot_Multiplier increases or decreases lot proportions. Example: x2 or x0.1

Be aware of Dollar Index closing times when using this strategy!

#property link “

#property version “1.01”

#property description “persinaru@gmail.com”

#property description “IP 2024 – free open source”

#property description “This Script Hedge Dollar index against its constitutive FOREX pairs.”

#property description “”

#property description “WARNING: Use this software at your own risk.”

#property description “The creator of this script cannot be held responsible for any damage or loss.”