Quote:
Originally Posted by pipscalper
Hi Scorpion, thank you for offering to help out with coding. I need a Multi-Hedge Indicator for MT4 that combines 3-4 currencies into one line. It shows the net dollar fluctuations at any given moment. The indiator allows you to plug in currency's entry prices and lots' amounts. For example, I need a one line chart that shows the net dollar fluctuations if I go 100K long EURCHF, short EURUSD, short USDCHF.
Is this something that could be done? Thanks.
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This is my version of USD composite indicators. It combines EURUSD, GBPUSD, USDJPY, USDCHF, and USDCAD to make this USD index. The Composite.mq4 shows high and low of USD composite index. "Composite Close.mq4" shows the close of USD composite index.
Ok, what these indicators show you is the value of USD against 5 other currencies. You can treat the composite as the value of USD.
I haven't managed to create the script to buy/sell a bulk of pairs. Stay tuned
