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Master Hedging Indicator 2Symbols

HEDGING  MASTER line indicator 

 

It compares the power/strength lines of two user input symbols and create a SMOOTHED line that indicates the degree of deviation of the 2 symbols

Strategy#1- FOLLOW THE INDICATOR THICK LINE when CROSSING O LEVEL DOWN --- TRADE ON INDICATOR THICK LINE (TREND FRIENDLY) !!

Strategy#2- TRADE INDICATOR PEAKS (Follow indicator Reversal PEAKS Levels)!!

you input - the index of calculation ( 10/20/30....) 

               - the indicator Drawing start point (indicator history drawn in bars)

               - the two symbols to compare ( carefully input your Symbols as format could differ between different brokers)

- list of symbols used to generate  a proposed two deviated currencies pair to use in hedging as your 2 input symbols for better hedging results

Works on any TIMEFRAME

:::: carefully input your Symbols as format could differ between different brokers

proposed 2 currencies pair labels appear on main chart window to use it in your input set

FOLLOW THE INDICATOR THICK LINE --- TRADE ON INDICATOR THICK LINE !!

if INDICATOR line goes down (RED THICK LINE : WITH THE TREND && Line crosses level 0 )  indicates Symbol2 is taking power over symbol1 ==> SELL SYMBOL1 + BUY SYMBOL2

if INDICATOR line goes up (GREEN thin LINE : Against THE TREND )   ==> CLOSE SELL SYMBOL1 and CLOSE  BUY SYMBOL2


if INDICATOR line goes up (GREEN THICK  WITH THE TREND && Line crosses level 0 )  indicates Symbol1 is taking power over symbol2==> BUY SYMBOL1 + SELL SYMBOL2

if INDICATOR line goes down (RED thin LINE : Against THE TREND )   ==> CLOSE BUY SYMBOL1 and CLOSE  SELL SYMBOL2

::::I don't recommend working on thin line (Against the TREND)


OR TRADE INDICATOR PEAKS :

- Find peak Levels on indicator waves and trade on reversal Symbols1 vs Symbol2 (example shown in screeshots attached)


Strategy #3: Daily trade on thick lines :

A- Red (green) thick line appears after green (red) thin line : Alert enabled to Sell (buy) Symbol1 and Buy  (sell)Symbol2

B - during the day another Red (green) thick line appears after green (red) thin line : Alert enabled to Sell (buy) Symbol1 and Buy (sell) Symbol2 -Add same lot new positions

C-At the end of the day : Check if total positions are profited ( you can set your profit relative to your margin used ) : Close your positions for today

D-At the end of the day : Check if total positions are not profited ( you can set your profit relative to your margin used ) :

     repeat Step A-D fro next day 

F- If thick lines reverse to Green (red) : you start adding 2 new positions in different directions (Buy (sell) Symbol1 and Sell (buy) Symbol2) and close two positions from old trend

and repeat A-F 



ALERTS for crossing level 0 or peak reversal are provided

TRY THE DEMO BEFORE ANY PURSHASE !!



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Mohamed yehia Osman
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Automatic redrawing of Trend Supports and resistances levels and Possible Wedge pattern formation to indicate price breaking of Rising Wedge (signal SELL) or price breaking of falling Wedge (signal BUY) Very simple and smart indicator  ALERTS AND MOBILE NOTIFICATIONS availavle !!! you can edit the calculation bars of the bars count for formation of the trend lines and the initial shift from current price  Smaller values for bars /shift inputs when using Higher Time frames (D1-H4) and the reverse
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Mohamed yehia Osman
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SYMBOL POWER based on inputted 5 time frames and Compared to 20 Other Symbols !! Great Indicator YOU DON'T HAVE TO SHIFT ON ALL TIME FRAMES FOR EACH CURRENCY PAIR TO CONCLUDE ITS TREND AND ITS POWER YOU HAVE IT ALL IN ONE TABLE , 20 CURRENCY PAIR WITH 5 TIME FRAMES ALSO , COMPARE BETWEEN CURRENCIES STRENGTH AND ALERTS THE STRONGER /WEAKER PAIR BASED ON 5 TIMEFRAMES CALCULATIONS ALEERTS enable /disable using 5 time frames M5 M30 H1 H4 and D1     ( latest version You SELECT you own 5 timeframes fr
Symbols Strength meter Graph  :::: It is programmed to work on any M5 Chat windows !! Used to determine the Strongest currency pairs and the Weakest pairs also detect the peak of deviation of currencies strength  IT CAN BE USED FOR INDICES AND STOCKS TOO !! Strategy one : It can be used in to BUY Strongest pair and SELL Weakest one Strategy two: It can be used on Daily basis to Hedge BUY Strongest pair with high % (ex: +1%) and BUY Weakest one with % lower(ex: -0.7%) the same with SELL  Strateg
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Mohamed yehia Osman
Trend Follower and Reversal Trend handler * EA opens X Lot position (calculated according to Lot risk value) with trend with indicated TP if Trend reversal occurs * EA opens 5 X Lot (if input " Reversal Lot scaling" = 5     ) position with reversal trend with indicated TP and same SL for old trend position * Increasing LOT risk value + Increasing Reversal Lot scaling value = High Risk and High Profit and High DD * Decreasing LOT risk value + Decreasing Reversal Lot scaling = Low Risk and Low Pr
the Advanced MOVING AVERAGE indicator This is a formula of moving average based on support and resistance levels Two Colors indicator : UP trend --> Green                                 Down trend -->Red Arrows UP/Down are shown for trend reversal indication  ALERTS and mobile Push NOTIFICATIONS  Simple Strategy :  BUY on price over new green line Sell on price under new red line Works on any TIMEFRAME MAin  Input for calculation :  index  = 20.. 50..100..500 ... 1000 (Lower time frame -> Hi
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Versão 1.58 2020.07.17
enhancement
Versão 1.55 2019.10.10
Adding new Alerts for indicator peak reversals
Versão 1.54 2019.10.01
Adding Alerts and email notifications
Versão 1.53 2019.09.30
enhancing the thick line (trend detection)
Versão 1.52 2019.09.16
minimize processing time and initializing drawings
Versão 1.51 2019.09.03
Just changing the symbol input formats to look like most brokers symbols used
Versão 1.5 2019.09.03
Enhancing labels formats
Versão 1.4 2019.09.02
Added level 0.0 line
Added label for closing trading when Thin indicator line appears (Symbols moving against TREND)
Versão 1.3 2019.09.02
the indicator line is enhanced for working with trend ,sick line (with the TREND) thin line (Against TREND)