Multi currency EA ideas - page 3
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Hello,
please I need someone to help me customize an EA for me
Hello,
please I need someone to help me customize an EA for me
https://www.mql5.com/en/job
Forum on trading, automated trading systems and testing trading strategies
Correlation of Currencies
Sergey Golubev, 2024.09.07 07:49
Formulating Dynamic Multi-Pair EA (Part 1): Currency Correlation and Inverse Correlation
We will formulate dynamic multi pair EA to handle multiple currency pairs simultaneously. The system will provide flexibility by enabling you to input, change and modify currency pairs according to your trading strategy. A key feature of this system is its ability to define a primary or "main" currency pair, which acts as a signal provider for other currency pairs.
The system also supports dynamic adjustments based on the strength of correlations between currency pairs. For example, if a strong bullish signal is detected in the main currency pair, the EA can automatically open corresponding trades in pairs that historically move in the same direction. Conversely, for pairs that typically move inversely to the main pair, the EA can open opposite positions, effectively hedging against potential market fluctuations.