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The Expert Advisor finds discrepancies in two correlating currency pairs and trades in the direction of their reverse convergence.

Working timeframe: M30

  • MagicNumber – the identification number on the Expert Advisor;
  • OrdersComment-comment on the order, if the value is empty, automatic;
  • Lots – lot size;
  • DepoPer001Lot-automatic lot calculation (the balance per unit of 0.01 lot is specified) (if 0, the lot value from the Lots parameter is used);
  • TimeFrame – working period;
  • Symbol #2-Correlating Currency;
  • Symbol #2 reverse-currency # 2 with inverse correlation to the current one;
  • Symbol #2 lot – currency lot # 2, automatic if the value is zero;
  • TradeType-drop-down list with a choice of the direction of transactions:
    • Sell/Buy | -Buy/Sell-standard, for pairs with direct correlation;
    • Sell/Sell | -Buy/Buy – for pairs with inverse correlation, you need this or the following value;
    • Buy/Buy | -Sell/Sell-for pairs with inverse correlation, you need this or the previous value.
  • Min Correlation – minimum discrepancy for opening an order, range 0.1-0.5;
  • Open signal shift-the offset of the signal to open. At ” 0 “the current open bar, at” 1 ” the last closed bar, etc.;
  • Close signal shift-the offset of the signal to close. At ” 0 “the current open bar, at” 1 ” the last closed bar, etc.;
  • Min dist reopen (pips) – after how many points to open an additional order when the signal is repeated;
  • Max spread – the maximum spread at which new orders are opened;
  • Hour start – the hour when the search for the entry signal starts;
  • Minute start – minute to start searching for the input signal;
  • Hour end – the hour when the search for the input signal ends;
  • Minute end – the minute when the search for the input signal ends;
  • Close only in profit ($/lot) – the profit value at which it is allowed to close orders;
  • Exit minutes – after what time to close the trade if there were no other signals for closing;
  • Profit time exit ($/lot) – the profit value at which it is allowed to close orders by time;
  • Trail start ($/lot) – after how many points the equity trailing stop starts;
  • Trail stop ($/lot) – trailing distance;
  • Stop loss ($/lot) – stop loss in the currency;
  • Take profit ($/lot) – take profit in the currency.

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  • Sell/Buy | -Buy/Sell-standard, for pairs with direct correlation;
  • Sell/Sell | -Buy/Buy – for pairs with inverse correlation, you need this or the following value;
  • Buy/Buy | -Sell/Sell-for pairs with inverse correlation, you need this or the previous value.

The value of the parameters indicated with a ($/lot) are multiplied by a lot, not to change while increasing a lot, so if the value is 100 and 0.1 closure is when the profit >= $10.

You need to install only one currency, you do not need to install the Expert Advisor on the currency set in the Symbol #2 parameter.

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