Triangulate & Destroy

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.

Dear Friend,

You have forgotten to attach the EA. You have only attached the image file.

Regards,

Rajat Verma

I would be interested in looking at the code for what you have so far. If you are willing to share it.

Kevin,

I know your calculation, but what does the different font color stands for?

blue - ask
pink - bit

how about yellow and green?

BTW, I thought you have got a very good system, why you still ask for new ideas? It doesn't work any more? or too few signals? or too many false signals?

I figure it out, the yellow and green color means the calculated price is better than or same as the actual trading price.

But you need to overcome two spreads on the two pairs you choose and you face the risk of can not get the two orders of both of your pairs go through.