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votes: 16
2011.11.25 12:05
2016.11.22 07:32

Considering correlations between different financial assets is not a new idea and it would be interesting to create the algorithm based on the analysis of such regularities.

Here we present the multi-currency trading robot inspired by the article of Vasily Yakimkin "Resonances - a New Class of Technical Indicators" published in the "Currency Speculator" magazine (№04 (part 1) and №05 (part 2) in Russian).

In few words, the idea of this method is as follows. For example, to analyze the EUR/USD market we may use not only the readings of any indicator concerning this asset but also the readings of the same indicator concerning the related assets - EUR/JPY and USD/JPY.

Multistochastic_exp custom indicator is used in this trading robot to get trading signals. The indicator calculates its values based on Stochastic oscillator.

Detailed description of this Expert Advisor can be found in the article "Creating an Expert Advisor, which Trades on a Number of Instruments".

Translated from Russian by MetaQuotes Software Corp.
Original code:

Stochastic CG Oscillator Stochastic CG Oscillator

Stochastic CG Oscillator is a stochastic oscillator, the values of which are calculated based not on a price series, but on CG Oscillator indicator values.

iBeta iBeta

The indicator of covariation, correlation and Beta ratio of two symbols.

Smoothed Adaptive Momentum Smoothed Adaptive Momentum

Adaptive Momentum from John Ehlers' book "Cybernetic Analysis for Stocks and Futures: Cutting-Edge DSP Technology to Improve Your Trading".

Stochastic RSI Stochastic RSI

Stochastic RSI is a standard Stochastic oscillator, the values of which are calculated not from a price series but from RSI technical indicator values.