Expert Advisor Bluefish Engine “Two Pairs Correlation System”

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Expert Advisor Bluefish Engine Description :

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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.

See also  Unique Transaction EA - Free Edition

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 :

[ninja_tables id=”26339″]

 

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Bluefish Engine Display

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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:

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Note: 
  1. This EA cannot be tested because it uses 2 pairs to open positions.
  2. Simply attach the EA in 1 pair only.

Download Expert Advisor Bluefish Engine:

 

[+ForexWikiTrading.com]Bluefish Engine

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2025] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.