Triangular EA Limited MT4

Triangular EA Limited MT4

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

Note : Limited version can trade with the volume less than 0.05 lots.

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 :

• Triangular EA MT4
• Triangular EA Limited MT4
  
• Triangular EA Free MT4
• Triangular EA MT5
• Triangular EA Limited MT5
  
• Triangular EA Free MT5