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EurAud vs AudNzd Super hedge

200 USD

Demo downloaded: 2

Published: 29 June 2024

Current version: 1.1

EurAud vs AudNzd Super hedge

Experts
Nikolai Starkovskii
Version: 1.1
Updated: 29 June 2024
Activations: 5

The Super Hedge Advisor is an automatic trading system based on pair trading between the EUR/AUD and AUD/NZD currency pairs. This EA's strategy is based on the idea that these two currency pairs often move in opposite directions, so their correlation can be used for trading. The settings are set to default. Auto lot was applied and all positions were closed based on total profit (in %). When testing and trading, in the settings in the “Symbols” line, indicate: EURAUD,AUDNZD. This is an important condition for the advisor to work correctly! Working timeframe H1.

The main indicator used in this EA is RSI (Relative Strength Index). RSI allows you to determine whether an asset is overbought or oversold, which can serve as a signal to open or close a position.

The Super Hedge advisor involves opening a position on one currency pair, for example, EUR/AUD, and simultaneously opening a position on the opposite currency pair, AUD/NZD. Positions are closed when the total profit reaches a specified level.

The advisor is installed on one chart.

This strategy allows you to reduce risks associated with changes in market prices.

The Super Hedge Advisor is an effective tool for automated trading on the foreign exchange market and can be useful for traders who want to diversify their portfolio.

https://t.me/CadChfbot

https://www.mql5.com/en/signals/2227005

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