Triangular Arbitrage MT4 Indicator

MQL4 Indicators

Job finished

Execution time 3 days
Feedback from customer
Quick, friendly, correct - highly recommended.
Feedback from employee
very genuine person and look forward to work again and again .

Specification

I need a MT4 indicator which shows “Triangular Arbitrage Forex Trading Opportunities” (ONLY ONE BROKER!) on a chart. It shouldn’t bother which chart is used, said indi should always scan for potential profits realized by buying/selling and immediately closing “triangular trades/positions” e.g.

…………………………………………………………………………………………………..

Enable Arbitrage Symbols 1: true/false

Arbitrage Symbols 1: EURUSD-ECN, EURGBP-ECN, GBPUSD-ECN

Arbitrage Trade Direction 1: BUY, SELL, SELL

https://dl.dropboxusercontent.com/u/36606288/Triangle_Arbitrage_Trades.png


Enable Arbitrage Symbols 2: true/false

Arbitrage Symbols 2: GBPUSD-ECN, GBPJPY-ECN, USDJPY-ECN

Arbitrage Trade Direction 2: BUY, SELL, BUY



Enable Arbitrage Symbols 5: true/false

Arbitrage Symbols 5: …

Arbitrage Trade Direction 5: …


Lots For Calculating Profit: 0.1 [etc.]

Commission Per Million (Round Turn): 60 [etc.]

…………………………………………………………………………………………………..

The indicator should also log all opportunities in a .txt file e.g.

11:29:05 - 11:31:45  EURUSD-ECN, EURGBP-ECN, GBPUSD-ECN / BUY,  SELL, SELL

13:17:24 - 13:17:39  GBPUSD-ECN, GBPJPY-ECN, USDJPY-ECN  / BUY, SELL, BUY

...

Therefore it should be possible to define a minimum profit in "percentage of account balance" that needs to be exceeded to get logged e.g.

Minimum Profit: 0.15 [Percentage of MT4 ACCOUNT BALANCE]; said profit should also be allowed to be negative!


The requested indi should also continually display the calculated profit (positive or negative) for all enabled “Arbitrage Symbols” like:

…………………………………………………………………………………………………..

EURUSD-ECN, EURGBP-ECN, GBPUSD-ECN

BUY, SELL, SELL

Current Profit: 1.52

 
GBPUSD-ECN, GBPJPY-ECN, USDJPY-ECN

BUY, SELL, BUY

Current Profit: -2.85



…………………………………………………………………………………………………..


I’m not a coder but I guess the calculations can be realized with the “Market Watch Window”.

Once this indicator works properly I will use it for a new EA in the next step…
 

Who can do this accurately?

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Project information

Budget
20 - 50 USD
VAT (19%): 3.8 - 9.5 USD
Total: 23.8 - 59.5 USD
For the developer
18 - 45 USD
Deadline
from 1 to 5 day(s)