EA-909 · Hedging

SymbolSynthesizer

This EA is a dialog-based utility panel that displays synthetic symbol relationships for forex triangular arbitrage/hedging. It shows 13 predefined currency pair triplets with their Long/Short synthesis direction, updating prices on each tick via a custom GUI dialog.

Open the interactive view (equity curve, symbol switch)

Key facts

CategoryHedging
RiskSafe
Rating★★☆☆☆
TypeUtility tool
TimeframesM1, M5, M15, M30, H1, H4, D1
IndicatorsSynthetic Price Comparison
Authoralohafx

Backtest results (H1, about 1 year)

Not backtested yet — this EA could not be converted automatically.

Strategy analysis

This EA does not execute any trades itself but serves as a hedging assistance utility panel. The strategy concept is based on forex triangular relationships, decomposing one currency pair into a synthetic equivalent of two other pairs, e.g., EURUSD = EURGBP × GBPUSD. The program predefines 13 triangular currency pair groups, each containing a target pair, two synthetic component pairs, and a synthesis direction (L=long synthesis, S=short synthesis). Entry and exit conditions are entirely determined by the user; the EA only provides informational display without automatic order placement. Position sizing and money management rely completely on manual user operation, with no automated lot calculation or risk control logic. The tool's value lies in helping traders quickly identify discrepancies between synthetic and actual prices, thereby uncovering potential triangular arbitrage or hedging opportunities.

Strengths

  • Intuitively displays triangular currency pair relationships for easy arbitrage opportunity identification
  • Covers 13 major forex triangular relationships including main direct and cross pairs
  • Real-time tick-by-tick price updates ensure data timeliness

Weaknesses

  • Currency pair relationships are hard-coded with no ability to dynamically add or modify them
  • No automated trading capability, limited to informational display only
  • Lacks price deviation calculation and alert functionality, limiting practical utility

Possible improvements

  • Add price deviation percentage calculation with alerts when deviation exceeds a threshold
  • Allow users to customize and add triangular currency pair relationships

Risk assessment

Overall risk: Safe

  • This EA does not execute trades, posing no direct financial risk
  • Hard-coded currency pairs may fail if broker symbol names differ

Evaluation scores

Code quality2.0
Strategy logic2.0
Risk management5.0
Robustness2.0
Innovation2.0
Documentation1.0
Overall2.3

Parameters

ParameterDefaultDescription
Sym[13][4]13 predefined triplets13 predefined triangular currency pair arrays with target, component pairs, and direction
Dialog dimensions0,20,20,315,255Dialog creation parameters: chart ID, title, position, and size

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Backtests are historical simulations and do not guarantee future results. Not financial advice.

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