Expert Advisor Bluefish Engine “Two Pairs Correlation System”

Expert Advisor Bluefish Engine "Two Pairs Correlation System" 1

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Expert Advisor Bluefish Engine Description :

Expert Advisor Bluefish Engine "Two Pairs Correlation System" 2

 

EA Bluefish Engine is a forex expert advisor that uses a 2 pairs correlation system, where EA will take a position when the market experiences “Out of Whack”. This EA is an updated version of the Two Pairs FTL EA with improved signal triggers for open positions and also improvements to close all orders.

In statistics, correlation is a measurable relationship between two quantities at a time. Correlation values ​​generally range between -1 and 1. Correlation -1 means that the two pairs have a perfect negative relationship, meaning that the pair moves in the opposite direction. If one of them goes up, the other one will go down. Negative correlations can also be more than -1 with the same tendency as -1 (the smaller the negative correlation value, the greater the difference). Examples of negative correlated pairs are EUR / USD and USD / CHF.

Conversely, a correlation of 1 means that the two pairs have a perfect positive relationship, where they move in almost the same direction. If one pair goes up, the other pair will also go up. If the positive correlation value is more than 1, then both pairs tend to move in the same direction (the greater the positive correlation value, the closer and more accurate the similarity of motion). Examples of pairs with positive correlations are EUR / USD and GBP / USD.

Entry Point
1. Minimum gap between 2 pairs must be reached
2. Stochastic play and stochastic signal to trigger

Exit Point
Exit trade by hidden TP and Hidden SL

How it works EA Bluefish Engine Miner

Broker Requirement :

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
Expert Advisor Bluefish Engine "Two Pairs Correlation System" 3Register2007Sydney, Australia1:1000$200ASIC, SCB, FSA
Expert Advisor Bluefish Engine "Two Pairs Correlation System" 4Register2010Melbourne, Australia1:500$200FCA , ASIC, DFSA
Expert Advisor Bluefish Engine "Two Pairs Correlation System" 5Register2009UK1:888$5 FCA
Expert Advisor Bluefish Engine "Two Pairs Correlation System" 6Register2009Belize 1:2000$10CySEC, IFSC
Expert Advisor Bluefish Engine "Two Pairs Correlation System" 7Register2008Cyprus1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Expert Advisor Bluefish Engine "Two Pairs Correlation System" 8Register2009Belize 1:3000$1IFCS
Expert Advisor Bluefish Engine "Two Pairs Correlation System" 9Register2011London, England1:500$25regulated by CySEC
Expert Advisor Bluefish Engine "Two Pairs Correlation System" 10Register2006Dublin, Ireland1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA

 

Expert Advisor Bluefish Engine "Two Pairs Correlation System" 11

Bluefish Engine Display

Expert Advisor Bluefish Engine "Two Pairs Correlation System" 12

GAP PC (Positive correlation) is a gap used for open trigger signals in pairs of pairs that are positively correlated, whereas GAP NC (negative correlation) is a gap used for open trigger signals in pairs of pairs that are negatively correlated.

Expert Advisor Bluefish Engine Settings:

Expert Advisor Bluefish Engine "Two Pairs Correlation System" 13
Note: 
  1. This EA cannot be tested because it uses 2 pairs to open positions.
  2. Simply attach the EA in 1 pair only.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] whose only purpose in life is to live according to our own design and desire. For that, self-education and experience in Forex market was the only choice for all of us in order to achieve a self-sustainable.
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