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Suggestion The Corr EA

Luigi

Luigi

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Hi, I'm sharing EA based on the Correlation of multiple pairs. I'm using this strategy in my real account: https://www.mql5.com/en/signals/213346

EA needs to be fixed to consider only orders of the same Magic Number, means that Take Profit, Stop Loss and orders closed by Trailing needs to consider only orders opened with the specific Magic Number.

EA is free for all
Attached is EA with Presets
 

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Good job, how long time already using this ea?
maybe if already exist long years will get more subscriber
but if still new might many people waiting update
 
Luigi said:
EA needs to be fixed to consider only orders of the same Magic Number, means that Take Profit, Stop Loss and orders closed by Trailing needs to consider only orders opened with the specific Magic Number.
Click to expand...

Thank you very much for your great work. I do not have the time to fix that problem. My idea would be not to give different magic numbers for different symbols and instead put the information into the order comment.
 
Hi,
I try to understand it unique's algorithm.
I didn't see how to define signal buy/sell regarding pair correlation.
it took more time to understand other programmer's algorithm.

anyway, I'm in the middle of developing an EA with correlation concept also.
link below is a preview of correlation between GBPUSD with EURUSD.
http://prntscr.com/dvkodh
 
I'm using the same strategy in real manually without EA, the Max DD expected is 150 USD with 0.01 lots.

Its profitable but low profit, I use 10 related pairs and I close when the net profit from all pairs is atleast 1 USD for 0.01 lots. When related pairs are in loss for 20 or more USD for 0.01 lots, the waiting time to return in profit can be high.
 
Last edited:
These are the pairs:

EURUSD -) Buy
USDCHF -) Buy
CHFJPY -) Buy
EURJPY -) Sell
EURUSD -) Buy
GBPUSD -) Sell
AUDUSD -) Buy
USDCAD -) Buy
USDJPY -) Buy
EURJPY -) Sell
 
Luigi said:
These are the pairs:

EURUSD -) Buy
USDCHF -) Buy
CHFJPY -) Buy
EURJPY -) Sell
EURUSD -) Buy
GBPUSD -) Sell
AUDUSD -) Buy
USDCAD -) Buy
USDJPY -) Buy
EURJPY -) Sell
Click to expand...
You always open
Buy for EURUSD,
Buy for USDCHF, ...

all the time?
 
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