Attention: this is a multi-currency Expert Advisor that trades several pairs from one chart! Therefore, in order to avoid duplication of transactions, it is necessary to attach the Expert Advisor to only one chart, —> all trading on all pairs is conducted from only one chart!
Since this is a multi-currency Expert Advisor, where when opening positions, the conditions of three different instruments are taken into account simultaneously, which is impossible to see and implement when testing in MT4. For testing, use the MT5 version:
Carousel_Triple_Correlation is a powerful tool that has no analogues on the market, and perhaps the only automated system with an exclusive trading principle and with the capabilities that the system has. In the logic of Carousel_Triple_Correlation, triple correlation is used, that is, the interaction of 3 different tools simultaneously. This is a truly revolutionary approach to trading, since the most important factor is excluded – this is the factor of fitting (re-optimization) of the system to historical data, since 3 instruments interact with each other at once in real time and the analysis is carried out not for one currency pair separately, but takes into account the logic of correlation movement (strength, direction, deviation) of 3 different instruments simultaneously.
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Moreover, the possibilities of Carousel_Triple_Correlation are really limitless, for example:
- we can trade three different pairs at the same time, as by default (EURUSD GBPUSD AUDUSD), which take into account the correlation when entering the market of all three;
- we can only trade EURUSD (or any currency pair) and at the same time take into account the movement and direction of Gold (XAUUSD) and/or Oil (Brent/WTI);
- we can trade Gold (XAUUSD) and Silver (XAGUSD) and at the same time take into account the movement and direction of the dollar index (DXY), and vice versa, and/or the joint interaction of all three instruments;
- we can trade absolutely in any collaboration with any instrument:
– Forex (any currency pairs),
– Metals,
– Crypto
– Oil/Gas
– Indexes,
– Futures. - we can use separate Profit values/Loss for each individual open position
- we can use common valuesProfit/Loss for all open positions of one instrument
- we can use common values Profit/Loss for all positions , for all three instruments used in trading
- We can turn on/off the grid strategy
- we can turn on/off the Correlation, both for all and separately for each instrument, that is, we can make a double correlation from a triple correlation.
- activate trading on only one instrument, but at the same time take into account the correlation of the other two, / or the correlation of only one instrument, to choose from.
- we can activate the carousel principle, this is when the next position on the instrument will be opened only after opening positions on two interacting instruments.
- we can switch on/off multidirectional opening of positions for one instrument.
- … and this list can be REALLY endless, given the collaboration of each item separately.
I will be constantly adding new sets in different collaborations in different styles, and with different risks. For buyers, all sets (different collaborations, styles, strategies) are absolutely FREE.
A detailed description of the default settings, as well as other additional strategies/styles, with different levels of risk and why all risks (drawdown) are fully controlled can be found here: Market Product Page#!tab=comments
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Carousel_Triple_Correlation works with any broker, on any type of account and under any market conditions:
- slippage is not terrible;
- spread extensions are not terrible;
- easily copes with intraday fluctuations;
- easily withstands small gaps.
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