FX CORRELATION EA MT4

FX CORRELATION EA MT4

 

FX CORRELATION EA MT4, The Expert Advisor trades on high-correlation instruments. Simultaneously, he ensures that each transaction is performed at the expense of another instrument (hedges).
The insurance premise is that we buy one instrument and sell the other. Because positive correlation pairs always move in the same direction, the Expert Advisor cannot sustain a large overall loss. Because this style of trading ensures transactions, there is no need for a stop loss!
Based on the tick value and the current balance, the EA determines the lot. This is done in order for one instrument (a currency pair) to compensate for the loss of another

Consider the following scenario:
89-100 percent connection between EURJPY and CHFJPY
95 percent association CADJPY-AUDJPY
87-94 percent connection between EURJPY and CADJPY
80-92 percent connection between EURJPY and AUDJPY

I chose these couples with the help of software that calculates the connection over time (BEST CORRELATION). The CORR script can also be used.

The broker should have low fees, low swaps, and also a fast server. The Trader EA works with any broker and any type of account, but we recommend our clients use one of the best brokers listed below:

Best Broker List :

Broker'sIC MarketsExnessXMROBOFOREXFBSLITEFOREX
⭐BrandIC MarketsExness
XM Broker
RoboForex LogoFBSLiteForex
📅Year Founded200720082009200920092005
🏢 HeadquarteredSydney, AustraliaCyprusUnited KingdomBelizeLimassol, CYMajuro, Marshall Islands
☪️ Islamic account✔️ Yes✔️ Yes✔️ Yes✔️ Yes✔️ Yes✔️ Yes
💰Bonus❌ No❌ No $30$30 $140❌ No
📈 Maximum Leverage1:5001:Unlimited1:8881:20001:30001: 500
💰 Minimum Deposit$200$10$5$10$1$10
💱 Tradable assets offeredForex, CFDs on indices, stocks, commodities and futures, precious metals, and cryptocurrenciesForex currency pairs, metals, cryptoсurrencies, energies, indices, stocksForex, commodities, cryptocurrency, shares, indices, metals, energies, options, bonds, CFDs, and ETFsForex, Stocks, Indices, ETF,Commodities, Metals, Energy commodities, CryptocurrenciesForex, commodities, bonds, shares, indices, stocks, CFDs, metals, energiesCommodities , Global stock indexes, CFDs , indices, Cryptocurrency
🏛️ WebsiteICMarkets.comExness.comXM.comRoboforex.comFBS.comLliteforex.com

FX CORRELATION EA MT4 SETTINGS : 

FX CORRELATION EA MT4

 

By pressing the “Trading is permitted” button, you may turn off the Expert Advisor.
When you push the button, it glows red. The Expert Advisor, on the other hand, does not make open transactions. He will put them to a close, but no new posts will be created. Also, trading is forbidden due to time constraints. The Expert Advisor profits from positions that are currently available but does not create new ones.
You can close some or all positions separately throughout the trading process by clicking on the respective buttons.

 

Correlation EA

 

The Expert Advisor sells (sell) the most expensive instrument while concurrently buying (purchase) the cheapest. As a result, insurance against currency fluctuations is achieved. The most important thing is to select the tools in such a way that they work effectively together. The nature of currency movement may be verified by the fact that they practically mirror each other! When the overall profit as a percentage of the deposit exceeds the predetermined figure, the transaction is closed.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2022] 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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