Hi, I would like
someone to develop an automated MT4 EA that works with two or more currency pairs. (I am
not sure if this concept is possible). From my observations I see that closely
correlated pairs like EURUSD and GBPUSD seem to move in the same direction and
also move mostly at the same time.
The aim is for
an EA to track both pairs and seek out opportunities to
take trades when one pair lags behind the other. A trade is then
immediately executed on the lagging pair. (Long or Short – doesn’t matter).
The lag may
happen at different times with either pair.
The EA is
intended to take a small amount of pips and close trade, unless it can see
further pips in the trade (close trade with more pips).
The EA should have
the usual adjustable parameters, including these:
1. Lot size
2. SL
3. TP
4. Use
Trailing Stop (true/false)
5. Trailing
Stop
6. Trailing
Step
7. Currency
Pair 1 (select from dropdown if possible)
8. Currency
Pair 2 (select from dropdown if possible)
9. Directly
or Inversely Correlated
I'm not sure whether
the dropdown lists can be implemented, but needs to be some way of selecting
which 2 pairs to trade
The EA should
also be able to seek out opportunities in negatively correlated pairs, using
the same base currency. They seem to also track the same movements but in the
opposite direction.
To be used on
VPS and also a Fast Feed and suitable with most brokers
The EA to be
tested for performance.
DO YOU THINK
YOU CAN DO THIS?
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