Hedge_Dollar_Index_Against_Forex_Pairs_V1 - MetaTrader 4 script

Hedge_Dollar_Index_Against_Forex_Pairs_V1.mq4 |

Hedge DOLLAR.IDX/USD - USIDX

Japanese Yen – 13.6%

British Pound – 11.9%

Canadian dollar – 9.1%

Swedish krona – 4.2%

Swiss Franc – 3.6%

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

100% FX pair hedging

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

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

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

Sell ​​USDCAD – 9.1% Value of 1 pip = 9.1$ Position size = 123809 Lot size 1.238

Sell ​​USDSEK – 4.2% Value of 1 pip = 4.2$ Position size = 444000 Lot size 4.44

SELL USDCHF – 3.6% Value of 1 pip = 3.6 USD Position size = 32300 lots 0.323

Lot_Multiplier increases or decreases the lot size ratio. Example: x2 or x0.1

Please pay attention to the USD Index closing time when using this strategy!

#property Copyright "Copyright 2024, MetaQuotes Ltd."

#property link "https://www.mql5.com"

#Attribute version "1.01"

#Attribute description "persinaru@gmail.com"

#property Description "IP 2024 - Free and Open Source"

#property Description "This script hedges the USD Index against its constituent FX pair."

#Attribute description ""

#property Description "Warning: Use this software at your own risk."

#property Description "The creator of this script is not responsible for any damage or loss."

Attachment download

📎 hedge_dollar_index_against_forex_pairs_v1.mq4 (8.83 KB)

Source: MQL5 #48817