This Basket of pairs is not perfectly hedged and if you take out USD (which is balanced) we are left with GBP, EUR, AUD on the buy CHF, JPY, CAD on the sell side. You can have any combination of these, say GBPJPY, EURCHF and AUDCAD. So this method essentially involves trading these three pairs. So we need to track these three. I have a currency ring indicator which essentially tracks three pairs should work for the purpose. I have set the three pairs in this indicator and I hope it should assist in some way. I am yet to test it but will try next week.
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CurrencyRing_Don-Looser.mq4
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