Its been a while since I have posted anything here. Thought it I might try to get some fresh ideas from the geniuses at FF. Attached is an EA that cycles through all of the major currency pairs and calculates the their value using synthetic indexes. Basically its Triangulation and the EA simply displays the synthetic/calculated Bid and Ask for each currency pair. This opens the door to many different trading systems and Im hoping that by posting it here that you guys will come up with some interesting ways to use it.
one example might be that instead of taking a Long EUR/USD position you might decide to take a Long EUR/JPY & Short USD/JPY which is essentially the same position.
Or for those of you that still want to hedge, you can do it using the synthetics
For example: Hedge your Long EUR/USD position with a Short EUR/JPY and Long USD/JPY position
I look forward to seeing (and hopefully programming and profiting from) some new perspectives, Lets see what you got.
one example might be that instead of taking a Long EUR/USD position you might decide to take a Long EUR/JPY & Short USD/JPY which is essentially the same position.
Or for those of you that still want to hedge, you can do it using the synthetics
For example: Hedge your Long EUR/USD position with a Short EUR/JPY and Long USD/JPY position
I look forward to seeing (and hopefully programming and profiting from) some new perspectives, Lets see what you got.
Keep it simple stoopid....