New article Triangular arbitrage has been published:
The article deals with the popular trading method - triangular arbitrage. Here we analyze the topic in as much detail as possible, consider the positive and negative aspects of the strategy and develop the ready-made Expert Advisor code.
The "arbitrage" implies some neutrality towards the market.
"Triangular" means that the portfolio consists of three instruments.
Let's take the most popular example: the "EUR — GBP — USD"
triangle. In terms of currency pairs, it may be described as follows: EURUSD + GBPUSD + EURGBP. The reuiqred neutrality consists in an attempt to buy and sell the same instruments simultaneously while earning profit.
Author: Alexey Oreshkin
do you have the MQL4 version of it?
thansk and best regards.
Awesome work, kudos!
thanks a lot Alexey, it will be a great contribution.
super interesting this article, congratulations!!
Thank you very much for this article.
Not only was this an excellent article but a great MT5 example EA and an multicurrency example.
I'm looking forward to the MT4 version
but you can explain me the meaning of DEVIATION
#define DEVIATION 3
in which chart do you add this EA? as you are managing multiple symbols,the Ontick event will be triggered on each tick of the EA attached symbol.
I can see you use the following code:
and you use EventSetTimer(1);
but, don't you think one second will be "too slow" to process other symbols if you do not receive any tick on the EA attached symbol?
thanks and best regards,