Hedge_Dollar_Index_Against_Forex_Pairs_V1

ÿþ//+------------------------------------------------------------------+

//|                    Hedge_Dollar_Index_Against_Forex_Pairs_V1.mq4 |

//|                                  Copyright 2023, MetaQuotes Ltd. |

//|                                             https://www.mql5.com |

//+------------------------------------------------------------------+



//+------------------------------------------------------------------------------------------------------------------------------+

//|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 copyright     "Copyright 2024, MetaQuotes Ltd."

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

#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."

#property description   ""

#property strict

#property show_inputs



input bool    Buy_DOLLAR_Index    =  false;  

input bool   Sell_DOLLAR_Index    =  false;  

input double Lot_Multiplier       =  1.0;

//+------------------------------------------------------------------+

//| Script program start function                                    |

//+------------------------------------------------------------------+

void OnStart()

  {

if(Buy_DOLLAR_Index){

         int DOLLAR_IDX_B = OrderSend("USIDX", OP_BUY,100    *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

//+------------------------------------------------------------------+ Hedge Forex

         int EURUSD_B     = OrderSend("EURUSD",OP_BUY ,5.76  *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int GBPUSD_B     = OrderSend("GBPUSD",OP_BUY ,1.19  *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int USDJPY_S     = OrderSend("USDJPY",OP_SELL,2.06  *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int USDCAD_S     = OrderSend("USDCAD",OP_SELL,1.238 *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int USDSEK_S     = OrderSend("USDSEK",OP_SELL,4.44  *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int USDCHF_S     = OrderSend("USDCHF",OP_SELL,0.323 *Lot_Multiplier,0.00,30,0,0,"",0,0,0);



   PlaySound("alert.wav");

}



if(Sell_DOLLAR_Index){

         int DOLLAR_IDX_S = OrderSend("USIDX", OP_SELL,1000*Lot_Multiplier,0.00,30,0,0,"",0,0,0);

//+------------------------------------------------------------------+ Hedge Forex

         int EURUSD_S     = OrderSend("EURUSD",OP_SELL ,5.76  *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int GBPUSD_S     = OrderSend("GBPUSD",OP_SELL ,1.19  *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int USDJPY_B     = OrderSend("USDJPY",OP_BUY,2.06  *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int USDCAD_B     = OrderSend("USDCAD",OP_BUY,1.238 *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int USDSEK_B     = OrderSend("USDSEK",OP_BUY,4.44  *Lot_Multiplier,0.00,30,0,0,"",0,0,0);

         int USDCHF_B     = OrderSend("USDCHF",OP_BUY,0.323 *Lot_Multiplier,0.00,30,0,0,"",0,0,0);



   PlaySound("alert.wav");

}

}

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