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Triangular EA MT4

1
Note: MT4 Backtest cannot test EAs that trades with several symbols simultaneously. For backtest use MT5 versions download here.


Important :

This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots.

If you are not familiar with arbitrage trading, It is recommended to use our other trading robots.


Strategy :

EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-point arbitrage) is the act of exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market. A triangular arbitrage strategy involves three trades, exchanging the initial currency for a second, the second currency for a third, and the third currency for the initial. During the second trade, the arbitrageur locks in a profit from the discrepancy that exists when the market cross exchange rate is not aligned with the implicit cross exchange rate.


Tips and Advantages of EA :

  • The EA is Smart and adjusted professional inputs for best results. Only key inputs can be changed by the user , thus using EA is very simple and easy.
  • The EA can calculate maximum allowable volume of positions according to account deposit and leverage.
  • The EA can work on any symbol and any time frame.
  • Both Hedge and Netting accounts supported.
  • High leverage accounts can make higher profits.
  • The EA is sensitive to broker order execution time. Lower Order Execution Times make Higher Profits.
  • Using VPS is recommended.
  • Attach EA to only one chart.
  • The EA can work on over 56 combinations of pairs at the same time.
  • EA will trade on 28 major and cross pairs. : AUDCAD, AUDJPY, AUDUSD, CADJPY, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPUSD, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY, GBPCAD, GBPCHF,  EURAUD, GBPAUD, GBPJPY, CHFJPY, AUDCHF, CADCHF, EURNZD, GBPNZD, NZDCAD, NZDCHF, AUDNZD
  • Standard Accounts are Recommended. Don't use ECN accounts for this EA.



Using EA :

Input Parameters Are :

  • Prefix : If your symbols have a prefix, enter this input.
  • Suffix : If your symbols have a suffix, enter this input.
  • Volume Type: Auto,Fixed. Auto mode will calculate trading volumes based on maximum allowable volume on your account based on leverage and account free margin.
  • Fixed Volume : Volume of trades if Fixed mode selected above. 1 of 3 positions will have different volume.
  • Auto. Volume Percent (1~100) : Percent of maximum calculated volume. if Auto mode selected above.
  • Entry Pricing Discrepancy : Delta Points to start trade. Default is 100 (enter 10 for 4digit accounts).
  • Exit Pricing Discrepancy : Delta Points to close Position. Default is-30 (also can use positive inputs.).
  • Start Time for Trade (HH:MM) : Time of EA operation starts.
  • End Time for Trade (HH:MM) : Time of EA operation stops.  If positions are open, EA will stop when positions are closed.
  • Magic Number (ID) : ID of EA (any unique number)
  • Trading Pairs : Can Enable/Disable trading on each 56 combination of pairs.


Versions :



Please don't Hesitate to Contact Me for any Help or Support.

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PHILLIP RUDOLF KLEINHANS
1677
PHILLIP RUDOLF KLEINHANS 2021.09.09 01:06 
 

I purchased both the MT4 and MT5 version. I did several testing on MT5 with 8 well-known brokers that do provide the BEST executing and low spread. Proven tests for 2021 best brokers to handle this EA. I can confidently say that, THIS EA DOES NOT WORK/ GIVES PROFITS AS SHOWN! Back test results on MT5 shows amazing results with default settings and as per his description. Once live running- Yes, i have been testing on 8 brokers live, all seem to be failing in live mode! Loss after loss. Trades closes in weird losing profits and weird times, compared to when i do back testing the following day. All settings were default with back testing and live. I tested 14 brokers and only 8 showed positive and promising results. All on VPS. Kyra seems to reply on all questions in Private, but the issue is that no detailed help will be provided, i provide all info requested, then more and more and more and more info needed all the time but no fixing! One need to figure this EA out on your own, which i tried to the best possible way i could- i gave up. The help comes in too slow from the author, and it does not help seeing that trades are limited cause of the trading style this EA operates. This EA needs more work. It feels more like a scam as there are also not live MYFX accounts for view, no live demo provided, and it feels as if positive results are all hidden deep somewhere. Sorry. until proven wrong, i might change my mind, but for now, i need to demand a refund. Waste of time and patience.

Kyra Nickaline Watson-gordon
51273
Resposta do desenvolvedor Kyra Nickaline Watson-gordon 2021.09.09 02:42
all my requested data is to help you to find the source of differences. If you don't wan to send log of terminal and history of trades, I can not help you.
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