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Specification
I am looking for some one to write an EA that does the following.
* trades multiple currency pairs at a time (in groups of 2 pairs (independantly of eachother))
* trades are based on correlation,(if correlation = > +90% then BUY&SELL or if correlation = > -90% then BUY&BUY)
* if net profit per pair (of pairs) reaches $X or X% then loser is closed & trailing stop placed on profitable trade.
* immediately after loser is closed and trailing stop placed new order is placed on both positions in the opposit direction and cycle re starts.
FOR EXAMPLE
USDJPY&XAUUSD correlation = -95% - BUY USDJPY, BUY XAUUSD, profit = (USDJPY($100), XAUUSD(-$90) $10)) - Close XAUUSD & start trailing stop @ 15points, open new trade - SELL USDJPY, SELL XAUUSD
NASDAQ&S&P500 correlation = +95% - BUY NASDAQ, SELL S&P500, profit = (S&P500($100), NASDAQ(-$90) $10)) - Close NASDAQ & start trailing stop @ 15points, open new trade - SELL NASDAQ, BUY S&P500.
Attached is a brief account statement showing the system working however at them moment it is only able to close all positions when a target profit is reached on the account as a whole so unable to trade more that 1 pair (of pairs)
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