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MultiCorrelation MT4

Indicator of correlation of two trading instruments.


Ideal for pair trading.

Example of use: if there is a significant divergence of correlated trading instruments, open two deals in the direction of each of them. Trades are closed when the correlation lines are crossed.

Settings:

  • First symbol (if empty - current) - The first trading instrument (if empty, the current one);
  • Second tool (if empty - current) - Second trading instrument (if empty - current);
  • Number of bars - Number of bars for calculation;
  • Cross Alert - Alert when lines are crossed;
  • Cross Mail - Email when crossing lines;
  • Cross Notification - Push notification when crossing lines.
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Evgeniy Zhdan
5 (1)
The Expert Advisor only sells. Recommended currency pairs : EURUSD; GBPUSD; USDCHF; USDJPY; USDCAD; AUDUSD; EURGBP; EURAUD; EURCHF; EURJPY; GBPCHF; CADJPY; GBPJPY; AUDNZD; AUDCAD; AUDCHF; AUDJPY; CHFJPY; EURNZD; EURCAD; CADCHF; NZDJPY; NZDUSD. Timeframe: H1. Percent% manages closing both loss-making and profitable deals based on the account overall status. Using the EA on 23 symbols mentioned above allows the robot to cope with the drawdown in case of a long trend. While positions on some pairs
Illusion
Evgeniy Zhdan
3 (2)
The Illusion EA uses the probability theory - after a series of consecutive virtual losses - i.e. right during a flat the EA already starts trading in the trend. In addition, the EA considers the ratio of bullish/bearish candles on the higher timeframes to determine the greatest probability of the price movement direction. Only 1 order can be opened at a time. In case of a loss the following order will be placed with an increased lot (the multiplication coefficient is set in the parameters). The
The indicator calculates the most probable trend stop/reversal areas, confident trend movement areas. The calculation considers: the rate of price change; the relative deviation angle of the chart; the average amplitude of price movements; the price leaving its "comfort zone"; the values of the ATR indicator. The indicator can generate an Alert when the price enter a stop/reversal area. Settings Draw the entire length? - draw the areas until the end of the chart; Show Stop UP-trend - display t
Hobo
Evgeniy Zhdan
The indicator's main objective is to define a trend direction, power and potential reversals calculating the ratio of each candle's squared average price gradient (High-Low). Based on the calculations, the indicator shows: Trend reversal; Trend direction; Trend power. The recommended timeframes are M1 and M5. In this case, the indicator is based on the M15 timeframe trend direction. When working on timeframes higher than M5, the indicator does not use a higher timeframe in its analysis. When sig
The indicator plots a trend line and determines the levels for opening trades, in case the price goes "too far" away from the trend level. More detailed information is available in the screenshots. Settings Away from the trend line - distance from the trend line to the trades level; Arrow Signal for deals - enable displaying an arrow when the price reaches the trades level; Size of Arrow - size of the arrow; Alert Signal for deals - enable generating alerts when the price reaches the trades le
Turbina
Evgeniy Zhdan
5 (4)
The axiom of the Forex market is that any trend will be broken. The Expert Advisor determines trend direction (the pink line), and calculates levels for opening opposite orders depending on the settings. The value of Away from the trend line for Deal will be different for each pair and timeframe, depending on the volatility of the trading instrument. Next orders can be opened with an increased lot (a static lot is used by default). See the screenshots to understand the idea of the Expert Advisor
Odysseus
Evgeniy Zhdan
The Expert Advisor determines the moments of strong movements and opens a position in the direction of the most probable price movement. The strategy always uses stop loss and take profit. Several independent orders can be in the market (the maximum number is set in parameters). The goal of the EA's underlying trading system is the quantitative excess of the number of profitable deals over the number of losing ones. Recommended: EURUSD 5m; GBPUSD 5m; USDJPY 5m. The Expert Advisor is able to work
Vise
Evgeniy Zhdan
Vise is a trend indicator. The upper and lower lines follow the price showing the prevailing price direction. Frequent breakthroughs of the upper line indicate a bullish trend, while frequent breakthroughs of the lower line indicate a bearish one. Parameters Points for UpLine - initial number of points for the upper line; Points for DownLine - initial number of points for the lower line. During the breakthrough of the upper level (line), this level shifts upwards by Points for UpLine. If the u
Twinkle
Evgeniy Zhdan
Twinkle is a trend-based scalper using stop loss and take profit invisible to the broker. The EA does not look for trend reversals. The EA catches strong market movements and opens orders in the direction of the trend. Your broker will not see the order closing levels. The EA closes orders independently when reaching the take profit or stop loss levels specified in the settings. Recommended trading symbols: EURUSD M5, GBPUSD M5. ECN accounts with 5 digits quotes are recommended. Expert Advisor
Shine
Evgeniy Zhdan
4.75 (4)
This Expert Advisor implements elements of the Martingale system. Orders are opened at a specified distance from the moving average. The Parabolic SAR indicator and certain technical details are used to ensure the most accurate entries. The EA is highly customizable. It is recommended for simultaneous use on 4 currency pairs: EURUSD M15; GBPUSD M15; USDJPY M15; USDCAD M15. Despite good stability, it is advisable to disable the EA operation during the days rich in news releases. Configurations
SolaceSystem
Evgeniy Zhdan
3 (3)
SolaceSystem is a trend scalper. The Expert Advisor algorithm calculates price consolidation levels and opens trades if a strong market movement is expected. The Parabolic SAR standard indicator is used to filter trade opening. Distinctive features Martingale is not used. Does not accumulate loss. Uses take profit and stop loss. Trades are closed either by TP and SL, or using a unique trailing stop algorithm. Automatic lot calculation. The Expert Advisor is fully ready for long-term automated
LuckyCase
Evgeniy Zhdan
LuckyCase is an Expert Advisor with martingale elements. The EA strategy is based on a significant "deviation" of the price from SAR inadicator and the Bands levels breakthrough point. The money management system is an essential part of the EA. It starts working after a trade is opened. Trades are closed after accumulating specified points of market orders, by deposit % or after an opposite side of the channel is broken through. The default EA settings are meant for: EURUSD M15; USDJPY M15. The
Elize
Evgeniy Zhdan
The Elize Expert Advisor has been designed to work with the EURCHF currency pair. It considers the peculiarities of this trading instrument, its behavior and dependence on the behavior of other currencies. In particular, when the currencies of the European countries (EURUSD, GBPUSD, EURNOK, EURCHF) move in the same direction, the EA starts its operation and opens a deal in the trend direction of the European currencies. In the event of price rollbacks, the EA uses a unique method for making the
The indicator determines the support/resistance lines on three timeframes simultaneously: one TF smaller; current TF; one TF higher. In addition to the support/resistance lines, the indicator identifies the reversal points (wave peaks): red dots - peaks on the smallest timeframe; yellow points - peaks on the current timeframe. Support: https://www.mql5.com/en/channels/TrendHunter Parameters Show trend line - show the main trend line. Main Trend Line Color - color of the trend line. Show trend te
FastTraffic
Evgeniy Zhdan
The Expert Advisor has been specifically developed for trading gold (Spot Gold). The strategy is based on Fibo levels calculated from the previous (first) candle High/Low and the width of the current and lower timeframes channel. If important Fibo levels of different orders are located in a single price channel (within a spread), the EA defines this channel as the target for price movement and starts operation. Martingale and averaging are not used. Each order is independent and is accompanied b
Jazz
Evgeniy Zhdan
The algorithm of this Expert Advisor determines the significant price levels, where the trend often turns into a flat or reverses. Stochastic Oscillator serves as an additional filter of overbought/oversold zones. The EA sets stop loss and take profit after opening an order. The underlying trailing strategy applies a trailing stop. The EA is recommended for simultaneously use on three trading instruments: EURUSD M5, GBPUSD M5, EURCHF M5. Settings: Comment to order - comment to orders. MaxRisk -
Panther
Evgeniy Zhdan
The Expert Advisor looks for technical analysis patterns formed on the higher (hourly) timeframe to start working on the 5-minute chart. Technical analysis patterns used: double top/double bottom, head/shoulders, flag, expanding/narrowing triangles. The Relative Vigor Index technical indicator is used as the filter for opening deals. It is based on the idea that on the bull market the closing price is, as a rule, higher, than the opening price. It is the other way round on the bear market. This
Spook
Evgeniy Zhdan
The Expert Advisor calculates the divergence on the current and higher timeframes. In case the divergences coincide, the EA starts its operation. Deals have strict take profit and stop loss levels. Each deal is managed by trailing stop. The strategy involves the use of a tight stop-loss. Therefore, losing deals and/or series of losing deals are not uncommon. This EA is not suitable for those who have difficulties coping with losing deals. The EA is recommended for simultaneous use on the followi
Grand
Evgeniy Zhdan
The Expert Advisor has been developed specifically for the features of the CHFJPY currency pair. The EA's algorithm determines the direction of the current trend and starts operation. In case of a price reversal within the current trend, the EA adds additional orders. If trend changes, the EA starts to work in the direction contrary to the initial grid of orders. If there were no conditions for closing orders and the trend direction changed again, the EA continues to work with the "first" grid o
Intensive
Evgeniy Zhdan
The Expert Advisor algorithm determines on daily charts those candlestick patterns, which set the intraday trading direction. The trading EA determines how long the price is moving in overbought/oversold zones and starts working in the direction of the expected trend movement. Each position is accompanied with a tight stop loss and take profit. Only one active position can be open in the market. The EA was developed and tested using 99% quality quotes. The Expert Advisor has a built-in news filt
Slender
Evgeniy Zhdan
The strategy of this Expert Advisor is based on a hedging system, which implies placing opposite orders. The EA algorithm determines trend beginning and opens a position in the trend direction. In case of a wrong entry, the EA tries to neutralize the drawdown through opposite (hedging) orders at a preset interval (Coefficient of counter orders). Orders are closed when one of the two values ​​is reached - profit in percent or profit in points. The EA does not use lot increase. The EA wast tested
Dreamer
Evgeniy Zhdan
Советник работает по принципу хеджирования с периодическими "перекосами" в сторону трендовых направлений. Направления тренда советник определяет на основании стандартного индикатора Parabolic Stop and Reverse system (SAR). Уникальная стратегия установки балансирующих позиций позволяет избегать больших просадок даже при самых не благоприятных рыночных условиях. Параметры по умолчанию рекомендуется использовать на торговом инструменте: GBPJPY 15m. Разработка и оптимизация параметров производились
Snoot
Evgeniy Zhdan
5 (1)
This Expert Advisor works using a grid in the direction of a trend movement with the step between opened positions defined in the settings. The positions are closed by the total take profit. The Parabolic SAR standard indicator is used to filter order opening, which comes in the MetaTrader 4 package. The EA has been developed and tested using 99,9% quality of quotes. Operation of the EA in real time can be viewed in the signals . The best trading results have been achieved on CHFJPY M15. Setti
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Version 1.1 2021.07.12
Fixed message sending error.