USD Hunter is a server side VTL, opens (short/long) positions
depending on the correlation between different pairs.
When the USD raises against the EUR in EUR/USD pair in some circumstances, it seems very likely to raise against of the other pairs that have very strong correlations with the EUR/USD pair
For example : USD/CHF and GBP/USD.
When the USD raises against the EUR in EUR/USD pair in some circumstances, it seems very likely to raise against of the other pairs that have very strong correlations with the EUR/USD pair
For example : USD/CHF and GBP/USD.
The expert uses the USD Index to determine the correlation factor
between the USD pairs.This expert advisor use five pairs moving average to
calculate USD index those are EUR/USD , GBP/USD , AUD/USD , USD/JPY and USD/CHF.
When the index change from negative to positive i.e USD getting
strength it opens short(Sell) on EURUSD, GBP/USD or AUD/USD, and long(Buy) on
USD/JPY or USD/CHF.
On the other hand when index changes from positive to negative
for example USD losing strength, it opens long on EUR/USD, GBP/USD or AUD/USD
and short on USD/JPY or USD/CHF. We close any position with opposite index
movement.
To use USD Hunter expert advisor download it
from here, then place it at
VertexFX VTL directory:
C:\ProgramData\VertexFX
Client Terminals\"Company name"\VTL10\Local VTL Scripts
Then right click on the tree and select refresh or restart your client station and you will find under VTL local scripts in your client terminal.
For more information about the USD
hunter expert adviser you can check this video: