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.
Uplinktrade Hedge - EA MetaTrader 4 Please, read the below requirements. After that delete this text and write the description of your script. Requirements to subject…
