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Multi Exposition Meter

Multi Exposition Meter makes your multi instrument exposure clear and readable, no matter how complicated and hedged it is.

It does the following:

  1. It measures which instruments are traded against which ones in any moment.
  2. Measures the exposure share (weight) of each instrument, regarding its volume.
  3. Measures total volume, volume at risk and hedged volume.
  4. It measures the factor of diversification of the exposure.
  5. It calculates the amount of hedging per each instrument, in percent.
  6. Shows spread costs of filled orders.
  7. Displays profit/paid spread cost ratio from the beginning of the trading session.

If you like to diversify your risk, and probably hedge it, this product might be in use for you.

If you pay attention to the instrument strength (currency index), maybe you will like it even more.

No matter if you trade currencies, commodities, CFD's and/or indices at the same time, your exposure will be clear for reading all of the time. Which instruments are exposed against which instruments? What is the level of diversification, considering the different volumes for different instruments? What is the weight of each instrument in a given exposure? Are you overexposed without knowing it? What is the hedging level in percentage of a given instrument? What part of all the volume in the exposure is hedged?

These questions might not have a quick answer in an elaborate and dynamic markets and expositions, when often the situation changes fast. This becomes visible in a following example:

A trader has opened EURUSD BUY 0.12 position.

Later on she opens GBPUSD SELL 0.07 position. So she has EUR BUY 0.12 (EUR lots), USD SELL 0.12 (EUR lots). But USD is being bought 0.07 GBP lots against GBP, so this should be considered. 0.07*1.30 (GBP/USD rate at the moment) = 0.091 USD lots.

0.12 EUR lots = 0.12*1.1820 (EUR/USD rate at the moment) = 0.142 USD lots.

So, USD exposure is 0.142 SELL + 0.091 BUY = 0.051 SELL.

All exposure by the moment:

EUR: 0.142 (USD lots) BUY

USD: 0.051 (USD lots) SELL

GBP: 0.091 (USD lots) SELL

So, EUR is against GBP and USD right now. EUR should rise and USD and GBP should fall in order the trader to close on profit. GBP has a higher risk, so the down movement of the pound is preferable to the decline of the USD.

Let's continue. Shortly, our trader decides that FTSE100 SELL 0.2 would be a good addition to her portfolio.

FTSE100 is traded in GBP, so this affects GBP exposure... To find how exactly, she should know the price of FTSE lot in GBP (FTSE100 price*FTSE100 lot size), and then convert it to USD and multiply this value by the exact volume of the order (in this case 0.2). Then she should subtract the number from the FTSE100 exposure and add the same number to the current GBP exposure. This looks like it will hedge and reverse GBP exposure...

Then, the trader closes half of the EURUSD position, but buys DAX30 (traded in EUR) 0.11 and sells WTI (traded in USD) 0.17...

How does the exposure look right now? What instruments should rise, and what of them should fall in order the Trader to be profitable?

Or am I already annoying?

I guess there is no need to continue in order to prove how cumbersome these calculations are when there is not a plenty of time.

Fortunately, this utility does all these calculations and even more. At any moment trader can see the structure of the exposure of her orders and gauge the risk. This, combined with currency strength indicators definitely gives some edge.

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The Expert Advisor will help you forward all pop-up alert with screenshot from  MetaTrader 4 to Telegram channel/ group, also forward all notifications to Telegram. Parameters  -  Telegram Bot Token - create bot on Telegram and get token.  -  Telegram Chat ID  - input your Telegram user ID,  group / channel ID  -  Forward Alert - default true, to forward alert.  -  Send message as caption of Screenshot - default false, set true to send message below Screenshot  How to setup and guide  - Telegram
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BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
Take a Break
Eric Emmrich
5 (27)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
Custom Ultimate Sniper Dashboard
Hispraise Chinedum Abraham
5 (2)
Este Ultimate Sniper Dashboard personalizado es una actualización EA del indicador Ultimate Sniper Dashboard original. Funciona con hasta 98 algoritmos diferentes para asegurar que captura la verdadera naturaleza de una tendencia en una clase de activos con los que trabaje. Es una respuesta directa a muchas de las sugerencias y consejos que recibimos de la mayoría de nuestros clientes durante varios meses.   Esta versión personalizada es totalmente personalizable. Desarrollado por 98 algorit
MT4 to Discord
Trinh Dat
4.29 (7)
The Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. - Send message and screenshot to Discord group/channel.  - Easy to customize message.  - Support custom message for all languages - Support full Emoji.  - Send report Daily, Weekly, Monthly ( must show all history of orders ) Parameters - Discord url Webhook - create webhook on your Discord channel. - Magic number filter - default all, or input magic number to notify with
El MT4 to Discord Signal Provider es una herramienta fácil de usar y completamente personalizable diseñada para enviar señales de trading directamente a Discord. Esta herramienta transforma tu cuenta de trading en un proveedor de señales eficiente. ¡Personaliza los formatos de los mensajes para adaptarlos a tu estilo! Para facilitar su uso, selecciona entre plantillas pre-diseñadas y elige qué elementos del mensaje incluir o excluir. [ Demo ] [ Manual ] [ Versión MT5 ] [ Versión Telegram ] Con
OrderManager MT4
Lukas Roth
4.63 (19)
Presentamos el OrderManager : Una herramienta revolucionaria para MT4 Gestiona tus operaciones como un profesional con la nueva utilidad Order Manager para MetaTrader 4. Diseñado con la simplicidad y la facilidad de uso en mente, Order Manager te permite definir y visualizar fácilmente el riesgo asociado con cada operación, permitiéndote tomar decisiones informadas y optimizar tu estrategia de trading. Para más información sobre OrderManager, por favor consulta el manual. [ Manual ] [ Versión MT
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Versión 1.1 2017.08.28
1. Working with currency pairs with suffixes that may be added from broker is now possible.

2. An option for user to define custom start equity as a base for profit calculation is added.