Welcome to the world of CoupleHedgeEA! This innovative tool is designed for traders who want to leverage currency correlations to maximize their trading potential.
Essentially, CoupleHedgeEA operates on a two-pair correlation system, utilizing three currencies to create two pairs for hedging orders. It’s like having an extra set of hands to manage your trades!
Once activated, this expert advisor opens four orders for each currency couple (that’s two buy orders and two sell orders) and patiently waits for price movements in one direction to form a grid of orders. It’s a fantastic way to capture profits as the market fluctuates.
CoupleHedgeEA can handle a maximum of five currencies, allowing for the creation of up to 10 pairs and 30 couples. Talk about flexibility!
Remember, the order of currencies is crucial—always list them from strongest to weakest.
Strongest: EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ... Weakest.
With a minimum of three currencies and a maximum of five, you can tailor your trades to fit your strategy.
Parameters Information
For detailed information about the parameters, check out our blog post.
You can skip certain pairs by adjusting the external parameters. Simply set the expert to use your preferred currencies and attach it to one chart. No worries about which chart or timeframe you choose; the expert will handle the final selection automatically!
This is a multicurrency version of the expert, meaning you can manage all couples from just one chart.
If your broker has limits on opened orders, consider reducing the number of currencies the expert uses. The default setting includes five currencies, but you can easily tweak this. Just look for the parameter labeled 'Currencies To Make Pairs' which includes
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