Correlation Master
- Experts
- Agus Santoso
- Version: 1.1
- Updated: 10 March 2025
- Activations: 5
MT4 Version : https://www.mql5.com/en/market/product/122732
MT5 Version : https://www.mql5.com/en/market/product/122733
Correlation Master – Negative Correlation Expert Advisor & Automatic Hedging
Description
Correlation Master is an automated Expert Advisor (EA) that utilizes the negative correlation strategy between currency pairs. This EA automatically opens buy positions on one pair and sells on negatively correlated pairs to optimize profits while minimizing risks. With a flexible money management system, this EA is suitable for various market conditions.
Key Features
✅ Negative Correlation – Open opposite positions on pairs that have a negative correlation, for example EURUSD Buy & USDCHF Sell.
✅ Multi-Pair Support – Supports up to 13 currency pairs with custom parameters.
✅ Max Spread Filter – Avoids execution when the spread is too high to maintain trading cost efficiency.
✅ Dynamic Money Management – Global, per set, or per layer profit target options, as well as exponential (martingale) or fixed lot settings.
✅ Time Control – Can be set to trade only during certain hours of the day.
✅ Trading Day Filter – Allows users to select specific days to trade (Monday–Friday).
✅ Sound Notification – Provides alerts when positions are entered and exited.
Main Settings
🛠 General Settings
Entry Mode: Buy or Sell
Max Entry: Maximum number of positions opened
Trading Hours: Can be adjusted between Start & End Time
Trading Days: Option to trade only on certain days
📊 Money Management
Initial Lot & Exponential Lot
Global & Per Set Profit Target
Profit Target Per Layer
Take Profit Option for All Positions at Once
🔀 Pair Settings
Can activate up to 13 currency pairs
Maximum spread filter for optimal execution
Supported pairs: EURUSD/USDCHF, GBPUSD/EURUSD, GBPAUD/GBPNZD, etc.
EA Advantages
🚀 Automated Hedging Strategy – Reduces risk by taking advantage of opposite movements of currency pairs.
🔒 Guaranteed Security – With customizable spread filters and money management.
📈 Suitable for Scalping & Swing Trading – Flexible for various trading strategies.
⚡ Easy to Use – Parameters are user-friendly and can be adjusted easily.