• Overview
  • Reviews (4)
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CorrelationsSearcherLE

CorrelationsSearcherLE is a free lite version of the CorrelationsSearcher Expert Advisor.

As the name implies, the EA looks for correlations between price movements of various trade symbols available in the MT5 terminal. The only functional difference is that the full version works with all available symbols, while the lite one processes data for only 20 symbols.


Operation

  • the EA is attached to any symbol chart (only timeframe matters);
  • required parameter values are selected (described below);
  • after the EA launch, history data is requested from the server for each symbol one-by-one. For the symbols meeting a certain set of requirements (ability to carry out any trading operations, minimum required depth history), the check for the price movement correlation is performed (correlation of each verified symbol with all the others);
  • the appropriate message appears in the Experts tab of the terminal at the start of the data processing;
  • after the calculations are complete, the results are saved to a .csv file at the address specified in the EA settings (the default path: MetaTrader 5\MQL5\Files\CorrelationsSearcherLE). The appropriate message appears if the file is saved successfully;
  • the file data is grouped into seven columns (see the screenshot): the first two columns contain symbol names in pairs, the rest provide numerical values of the correlation ratio (Fechner) between symbol pairs for the entire study period and each period of history (the entire history period is divided into four parts to track the changes);
  • data processing cycle and writing to file are repeated at each "new bar" event.

.csv file format is convenient for further processing and provides great opportunities for creativity and practical application.


Settings

  • MinCorrelationCoefficient - minimum correlation threshold. Lower values are not included into the file;
  • BARS - history depth (timeframe corresponds to the chart the EA is attached to) used in calculations, in bars. If the available history depth of some symbol is less than the specified value, the processing is performed at the smallest trading history;
  • MMH - minimum history depth limitation in months for processed symbols. Symbols with lesser history are sorted out at the initial stage and are not considered in further calculations.

Note:

  • due to the strategy tester characteristics, the EA does not work in the tester;
  • only one EA copy can be launched in one terminal. Conflicts with other EAs using global variables may happen.
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IMPORTANT: Please contact me after buying or renting for the correct key paramter.  For strategy tester please use time frame H1 or higher. For live trading it uses M5.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mea
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TripleH MT5
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INREXEA LIMITED
Backtest which can not see the full functions which all pairs are communicating among each others . Do not waste your time on Backtesting .   Please watch signals :  SignalMinitor   Newest Version 7.0 done   Channel  and Please contact me for joining VIP channel for my manual trading signal on XAUUSD Pairs monitor among each other for voting a trend , it will increase the quality , if you are new , please ask me for the correct setup .  Remember to upgrade to newest version (FTMO must be
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GOLD EAgle mt5
GOLD EAgle mt5
Evgenii Aksenov
The Gold EAgle is designed specifically for trading on gold  is used    TrendLine PRO  indicator signals and grid strategy.  The mathematical grid strategy allows you to optimize trading by opening a new orders to average profits so that a series of orders is closed consistently with a profit. The EA has a mobile trading panel for managing auto-trading functions and the ability to open trades manually. All trades opened by the trader in manual mode will be closed with a profit using the DD Redu
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EA Smoke MT5
EA Smoke MT5
Vitali Vasilenka
Anger conquers fear p.s Thomas Shelby    LAST 3 OUT OF 10 COPIES AT   $149   Next price will be $449. The Expert Advisor is based on the second indicator of trend determination with modification of control of transactions The EA independently determines the direction of the trend   The Expert Advisor DOES NOT use: ️   NOT Grid ️   NOT Doubling ️   NOT Martingale ️   NOT Averaging   Recommended pairs for trading Working pairs USDCAD, EURCHF, EURUSD, USDCHF, EURAUD,
149 USD
Future Scalper MT5
Future Scalper MT5
Karolis Vaicekauskas
Future Scalper MT5 robot is fully automated scalper. No need for additional skills of trading to use this robot, so everyone will know how to use this robot, because robot already has settings for trading, also robot has clear input menu. This robot is based on Bollinger bands and Envelopes indicators. Robot trades at night when market is more flat. In this way, there is less risk to get trade during big movements. The robot doesn't use any risky strategy elements for trading, so your deposit is
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Not a scam
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Maxim Dmitrievsky
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Stock Trader Pro MT5
Stock Trader Pro MT5
Ivan Pochta
Stock Trader Pro MT5     3/3 additional copues left by price $650 Next price $750 Target price $1750  Live Results  Stock Trader Pro:  here >>   (Admiral Markets) Stock Trader Pro:  here >>  (Darwinex MT4) Stock Trader Pro Hedge Mode:  here >>   (Darwinex) Stock Trader Pro   is a fully automated trading advisor designed to work at   US Stock Market . The system is based on the author’s trading strategy. Unlike Forex systems,   Stock Trader Pro   op
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Naragot Portfolio MT5
Naragot Portfolio MT5
Alexander Mordashov
One-time flash SALE promo: only 10 copies available at $299! 3 copies left   out of 10 Next price --> $349, after the sale price will return to $499 This EA is a professional portfolio of trend-following multicurrency trading systems based on principles of volatility breakout and breakouts of support/resistance levels. Consists of 7 strategies chosen from a pool of many other which I trade myself   for a long time on real accounts with significant money on them MT4 version : https://www.mql5.co
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BlackQueen
BlackQueen
Mikhail Sergeev
Easy start: Everything is already set up. The minimum deposit is $ 50. User-friendly interface. BlackQueen   is a fully automatic, professional trading system. Stable entry points based on global price movements. Multi-currency trading, the ability to choose a strategy, unlimited customization potential for any trading tools. ️  The Expert Advisor implements 3 trading modes  ️ Auto - 7 pairs:   Multi-currency trading from one chart, using 7 currency pairs. No configuration required. Thi
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Joker EA mt5
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Evgenii Aksenov
Only 7 copies left for $399. Next prise is $499 I'm Evgeny Aksenov, I have been a developer of indicators, EAs and utilities for Meta Trader 4 and 5 since 2004 Based on my experience I can say that the concept of successful trading is mathematical predictability of trading results Too complicated trading robots don't guarantee better reliability, as they have lots of parameters affecting trading at a given time, which makes it difficult for most traders to understand and sett up these robots
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Advanced Scalper MT5
Advanced Scalper MT5
Profalgo Limited
MORE THAN 3 YEARS OF LIVE RESULTS ALREADY   ->  https://www.mql5.com/en/signals/413850 CURRENTLY AT +70% DISCOUNT OF FINAL PRICE! ONLY 1 COPY LEFT AT 390$ BUY ADVANCED SCALPER AND RECEIVE 1 EA FOR FREE!! (* conditions apply) Final price -> 990$ !! READ SETUP GUIDE BEFORE RUNNING THE EA !!    ->  https://www.mql5.com/en/blogs/post/705899 Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exit-algorithms and has a build in
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EA Golden Elephant MT5
EA Golden Elephant MT5
Vitali Vasilenka
Anger conquers fear from Thomas Shelby   LAST 2 OUT OF 10 COPIES AT $ 149 PRICE. The next price will be $ 249   The Expert Advisor cannot be tested on history due to the complex algorithm of actions for calculating volumes The intelligent algorithm of EA Golden Elephant  accurately determines the trend for the XAUUSD (Gold) trading pair, filters out market noise and generates entry and exit signals.  The Expert Advisor has aggressive management and trading methods, which allows you to g
149 USD
GridMartin Conqueror MT5
GridMartin Conqueror MT5
Konstantin Kulikov
The best sets for currency pairs: GBPUSD, GBPCAD, EURJPY (timeframe М1). Download sets in comment   #5:  https://www.mql5.com/en/market/product/64329#!tab=comments&page=1&comment=22166007 Monitoring:  https://www.mql5.com/en/signals/author/test-standart   Pay attention to the useful information in my profile:   https://www.mql5.com/en/users/test-standart Version for MT4:  https://www.mql5.com/en/market/product/32758 Highlights to pay attention to During live operation of the expert the GM
197 USD
EurUsd Trend Hunter
EurUsd Trend Hunter
Salvatore Caligiuri
V6.1 Changelog: - As requested, strategy parameters are customable again - All automatic settings has been removed, now the expert is fully customable - Activated Fast recovery function - Small code errors solved Read carefully description and blog page for all details. Please report any bug at info@qfxteam.com New set file for USDSGD pair M5 timeframe: click here to download - Backtest report: click here . Thanks to user Oliver for the new set! Performance monitoring: MQL5 Sign
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True Range Pro MT5
True Range Pro MT5
Smart Forex Lab.
SALE 40% OFF ROI #1 in ZuluTrade TOP   Accurate Night/Intraday Scalping & Smart Grid System Expected perfomance 5-10% / mo (eurusd M5) 20-40% / mo (gbpusd M1) Features 100% automated trades Hard stoploss for every position Dynamic basket takeprofit High spread protection Fixed & Auto volume Optimized in 2016-2020 ( Weltrade  100% history quality) Backtesed in 2010-2020  ( Weltrade  100% history quality) True Range Pro MT4 >>  https://www.mql5.com/en/market/product/54575 Set fi
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Nork
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Rodrigo da Silva Boa
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Rodrigo da Silva Boa 2016.01.24 00:41 
 

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