MNQ-MES Hedge Protection Calculator by ATALLA

MNQ-MES Hedge Protection Calculator - Summary
Purpose
This indicator provides real-time calculations for implementing a hedge strategy between MNQ (Micro E-mini Nasdaq-100) and MES (Micro E-mini S&P 500) futures contracts. It automatically determines the precise number of MES contracts needed to hedge a position in MNQ, based on current market prices and contract specifications.
Key Features

Real-time Hedge Ratio Calculation

Uses live market prices to calculate the optimal hedge ratio
Accounts for different point values ($2 for MNQ, $5 for MES)
Adjusts for beta differences between Nasdaq-100 and S&P 500

Flexible Position Management

Works for both long and short positions
Supports fractional contract amounts
Allows partial hedging (adjustable percentage)


User-Friendly Visual Interface

Clearly displays the exact number of MES contracts needed
Color-coded table showing position direction
Optional chart label with hedge summary

Practical Applications

Directional Risk Reduction: Maintain market exposure while reducing directional risk
Index Spread Trading: Capitalize on relative performance differences between indices
Portfolio Protection: Hedge existing positions in technology-heavy portfolios
Volatility Management: Reduce overall portfolio volatility while maintaining desired exposure

This indicator eliminates the complexity of manually calculating hedge ratios by providing instant, accurate, and visually clear instructions on how to implement an MNQ-MES hedge strategy based on current market conditions.