Is Automated Trading with Multiple Forex Pairs possible?

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Hello,

I have a trading system which I want to automate. If it's possible, I want to automate my trading system while it's "working together" with other forex pairs.

The system is the same for all pairs. Only I want them to watch each other. What do I mean with this? For Example: I have 3 pairs running the same system at the same time. One pair is 34 pips in profit, the second is -23 in loss and the third is 9 pips in profit. So together 20 pips in profit. At this moments I want to close all three positions which gives me a total of 20 pips in profit..

Is this possible? The total amount of pips must be adjustable by me! And also the pairs I'm orking with.

Have you done this before?

If yes, please let me know. I like to talk with you about building my automated trading bot.

 

Yes, it is possible. There are examples of multi-symbol EAs implementations, in the Articles, CodeBase and Market section.

  • To learn MQL programming, you can research the many available Articles on the subject, or examples in the Codebase, as well as reference the online Book and Documentation.
  • If you do not want to learn to code, that is not a problem. You can either look at the Codebase if something free already exists, or in the Market for paid products (also sometimes free). However, recommendations or suggestions for Market products are not allowed on the forum, so you will have to do your own research.
  • Finally, you also have the option to hire a programmer in the Freelance section.
 
Yeah, I have seen EA handled for multiple pairs. Are you thinking of building such strategy for different pairs?
 
69Adwin69:

Hello,

I have a trading system which I want to automate. If it's possible, I want to automate my trading system while it's "working together" with other forex pairs.

The system is the same for all pairs. Only I want them to watch each other. What do I mean with this? For Example: I have 3 pairs running the same system at the same time. One pair is 34 pips in profit, the second is -23 in loss and the third is 9 pips in profit. So together 20 pips in profit. At this moments I want to close all three positions which gives me a total of 20 pips in profit..

Is this possible? The total amount of pips must be adjustable by me! And also the pairs I'm orking with.

Have you done this before?

If yes, please let me know. I like to talk with you about building my automated trading bot.

search codebase for "equity stop".

 
Fernando Carreiro #:

Yes, it is possible. There are examples of multi-symbol EAs implementations, in the Articles, CodeBase and Market section.

  • To learn MQL programming, you can research the many available Articles on the subject, or examples in the Codebase, as well as reference the online Book and Documentation.
  • If you do not want to learn to code, that is not a problem. You can either look at the Codebase if something free already exists, or in the Market for paid products (also sometimes free). However, recommendations or suggestions for Market products are not allowed on the forum, so you will have to do your own research.
  • Finally, you also have the option to hire a programmer in the Freelance section.

Thanks Fernando, I just started this automation journey. So I still have a lot of work/research to do...

Do you think it's easy to learn how to do it myself?


If I hire a freelancer there's always the fear of him/her walking away with my automated system...

 
Matthew88819 #:
Yeah, I have seen EA handled for multiple pairs. Are you thinking of building such strategy for different pairs?
Yes, I think my system works better manually. But I want to see what happens when I'm not able to trade manually...
 
Michael Charles Schefe #:

search codebase for "equity stop".

Thanks, I found one that closes at a certain amount of profit over multiple pairs...next is my system automated..
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