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Correlation Squeeze

5

CORRELATION SQUEEZE MT5

Correlation Squeeze is an Expert Advisor based on running two correlated currency pairs. The EA will detect when the distance is far enough away to enter into a trade on both symbols to close the gap in profit. There are numerous settings to adjust and create your own systems using correlation. You can trade the symbol your chart is attached to or one in the settings. The optimal way is to trade both symbols at the same time until profit is achieved.

Recommended Balance is $500 to $1000 and H4 Time frame. 

Avis 7
Vic Vine
191
Vic Vine 2022.11.08 22:16 
 

This is an excellent EA. I wish you made a MT4 version. Doesn't trade often but you can trade whenever gap is less than 30. Always turns profit.

Yushun Tanimura
450
Yushun Tanimura 2022.10.26 08:07 
 

I've been using this EA for 3 weeks with the same setting as the live signal. It's absolutely worth more than the price I paid. Thank you.

Mert Kurt
307
Mert Kurt 2022.09.26 21:00 
 

Thank you sir! I was using different ea about correlation. But i was not sure what it (an I) was doing... I have learned a logic with you and with your ea. I am using this ea with button.. now i know what i am doing :) thanks much..

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Filtrer:
timelleston
85
timelleston 2023.04.01 09:59 
 

I love this EA - running it across a few different pairs, all on 4H, and it's turning a profit. Great work Scott!

Vic Vine
191
Vic Vine 2022.11.08 22:16 
 

This is an excellent EA. I wish you made a MT4 version. Doesn't trade often but you can trade whenever gap is less than 30. Always turns profit.

Yushun Tanimura
450
Yushun Tanimura 2022.10.26 08:07 
 

I've been using this EA for 3 weeks with the same setting as the live signal. It's absolutely worth more than the price I paid. Thank you.

Scott Fredeman
39014
Réponse du développeur Scott Fredeman 2022.10.27 01:45
Thank you for the Review! I am glad you are using it well.
Carl Christian Nyberg
710
Carl Christian Nyberg 2022.10.19 11:39 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Scott Fredeman
39014
Réponse du développeur Scott Fredeman 2022.10.20 04:47
Thank you Carl!! I am so glad you figured out how this EA trades... and you are certainly trading way more aggressively than I am.
Salah Ramadan Mohmed Ahmed
43
Salah Ramadan Mohmed Ahmed 2022.10.06 09:47 
 

thank you scott for expert i got but there is one thing over lay chart indicator i used it befor its gave fake gaps even in high time frame when i opened traders in big gaps when the two lines united together the orders in lost you need corrolations indicator without repaits you need some thing can copy all the candels of other chart and put its in same chart

Scott Fredeman
39014
Réponse du développeur Scott Fredeman 2022.10.06 18:28
Hello Salah.. The recommended timeframe for these Gaps is M15. Watch my video and I explain how I made 28% in one month using this timeframe and a 30 pips Gap.
Mert Kurt
307
Mert Kurt 2022.09.26 21:00 
 

Thank you sir! I was using different ea about correlation. But i was not sure what it (an I) was doing... I have learned a logic with you and with your ea. I am using this ea with button.. now i know what i am doing :) thanks much..

Scott Fredeman
39014
Réponse du développeur Scott Fredeman 2022.09.28 17:21
You are welcome!! I am glad you understand how to use it effectively!
Markus Pöhl
412
Markus Pöhl 2022.09.23 22:39 
 

Very good work, Scott!

Scott Fredeman
39014
Réponse du développeur Scott Fredeman 2022.09.26 03:21
Thank you Markus!!
Répondre à l'avis
Version 3.3 2024.05.15
- Added Trailing Stop Loss as an Extra option
Version 3.2 2024.01.31
- Code Fix for When pressing the GRID L and GRID P Buttons. Previous version would open multiple trades when button was pressed. Now it will open 1 at a time.
Version 3.1 2024.01.16
- Added a Lot Multiplier to work with each Symbol. Secondary Symbol can have a different Lot Multiplier than the 1st Symbol.
- New Default Setting Tested on 6 Years 2018 to 2023 using an RSI Filter and a larger GAP setting
Version 3.0 2023.09.19
- Spread filter (Both Symbols must agree to allow a trade)
Version 2.9 2023.09.16
- Added a Spread filter
Version 2.8 2023.03.15
- Fixed some Issues when the 2 symbols are supposed to be open and only 1 opens
Version 2.7 2023.02.26
- Small Code Improvement
Version 2.6 2023.02.10
fix bug that leave 1 trade alone when closing all trade.
added a msgs output on expert tab, when a broker rejected, requoted a request.
Version 2.5 2022.12.23
- NEW Default Setting uses H4 Time Frame
- Correlation Intelligence added to the Deactivate filters by Gap distance
Version 2.4 2022.12.19
- All New Correlation Intelligence Feature
- All New Default Setting using Correlation Intelligence
- New Buttons to Open Recovery trades manually
- New Close by Equity Loss Percent of Balance
- New Setting to disable auto loading ATR ADX and RSI indicators on Live Charts
Version 2.3 2022.11.07
- Slight Change to Default Settings
Version 2.2 2022.11.06
- URGENT - DAYLIGHT SAVINGS TIME ADJUSTMENT - EA GMT OFFSET SET TO 2
- ALL SETTINGS MUST NOW BE CHANGED TO - EA GMT OFFSET TO SET TO 2
- MAKE SURE ALL OF YOUR SETTINGS NOW HAVE - EA GMT OFFSET SET TO 2
Version 2.1 2022.10.27
- New Default Setting Disables Filters to allow more trades to open.
- New Default Setting Min Gap is 30 pips to open.
- New Default Setting has Symbol one Lot Size .03 and secondary Symbol is .01 lot size
Version 2.0 2022.10.27
- Code Improvements
Version 1.9 2022.10.23
- Use Fifo on Closing Option Added
Version 1.8 2022.10.12
- Added a new setting for Normal Grids that allow you to choose Loss Grids or Profit Grids or Both Loss and Profit grids when 2 Correlated symbols open.
- Added Decimals to the delay settings. .001 is like having no delay now
- Small changes to the Default settings. 10 pips Grid distance instead of 5.
- ADX is the only filter activated now on default setting.
- Deactivated RSI and ATR on default setting.
Version 1.7 2022.09.26
- New Push and Audible Alerts when Min Correlation GAP is hit. (Send Notifications to your phone)
- New Reverse Overlay Function(Experimental Feature for NON Correlated or Negative Correlated Pairs)
Version 1.6 2022.09.21
- Default Setting has slight adjustment. Max Gap 500 pips... ADX, RSI and ATR has some adjustments to the period and timeframes.
Version 1.5 2022.09.19
- EA will now Obey Fifo Rules
- Added Close by Equity Money for trading indices
- Adjusted Default Setting on ADX to Level 10
(This ADX Level will open a lot less trades but will survive a very long back test- Change the ADX Level to a higher level to open more trades or use the Open Trade Button when you see a sideways market that looks good to take more trades)
Version 1.4 2022.09.19
- New Default Setting
- Added New ADX Filter to Avoid Taking Trades when Trending
- Added RSI Filter to Avoid Taking Trades when Trending
- Added ATR Filter to Avoid Taking Trades when Trending
- Added a Setting to disable All Filters at a Gap Pips Distance
Version 1.3 2022.09.13
- Display Gap on Chart Updated to Look Better
Version 1.2 2022.09.11
- Added a Pause Trading Button
- Added an Open Trade Button
- Added a Normal Grid Function that does not overlap the same repeated trade on same price points.
- Added a feature to allow new stagnant or grid trades to open outside the time day function
Version 1.1 2022.09.07
- Added Display to show Correlation Gap in Pips on Chart
- Added Comment Setting
- Added Colors to the Overlay Symbol Indicator on Chart