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Three Pairs Correlation

Three Pairs Correlation is an Expert Advisor trading with multiple pairs at a time and viewing all the pairs being traded as one collective trade. Each pair in the correlation trade plays an integral part as the trade utilizes correlations. It is a way to profit from the random nature of Forex by capitalizing on the random swings and algorithms between correlating currencies. The draw down is often extremely limited and little margin is required. The strategy focuses on quantum, not pip collecting.

Default setting for this Expert is EURUSD, GBPUSD, and EURGBP open at a time. The lot size used by each pair depends on signal.

Minimum Balance is $ 100


Expert advisor properties

  • Stoptrades - true - EA will not open new position
  • Strategy
    • Default - Correlation type align with signal
    • Reversed - Correlation type reversed with signal
  • pairs1 - First pair correlation without suffix default is EURUSD
  • pairs2 - Second pair correlation without suffix default is GBPUSD
  • pairs3 - Third pair correlation without suffix default is EURGBP
  • MoneyManagement
    • Fix_Lot - Fix Lot depend on lot size
    • AutoLot_Based_Balance - AutoLot Calculation based on Account Balance
    • AutoLot_Based_Equity - AutoLot Calculation based on Account Equity
  • lot1 - Lot size if you use Fix_Lot
  • lot2 - Lot size if you use Fix_Lot
  • lot3 - Lot size if you use Fix_Lot
  • lot4 - Lot size if you use Fix_Lot
  • Risk - Risk you can afford. Risk use on AutoLot Calculation
  • TP_and_SL_Type
    • Percent_Balance - TakeProfit and StopLoss calculation depend on percent Balance
    • Profit_Balance - TakeProfit and StopLoss Calculation using profit balance
  • TakeProfit - Trade will close after reaching TakeProfit (depend on TP and SL Type)
  • StopLoss - Trade will close after reaching StopLoss (depend on TP and SL Type)
  • MAPeriod - Moving Average Period
  • TimeFrame - Signal TimeFrame
  • rsi - RSI Period
  • hiF - High RSI Filter
  • loF - Low RSI Filter


Expert Advisor Monitoring https://www.mql5.com/en/signals/180703

Eleni Anna Branou
3647
2017.02.13 18:48 
 

Needs improvement.

Enrico Lombardi
171
2016.05.09 19:12 
 

The idea is good, but the EA totally busts the entry to the market. Too risky to hope of one correct entry of 3. You must improve the entrance to the market. The EA have great potential but for now it's too risky.

Ovidiu Caslariu
7845
2016.03.20 22:06 
 

User didn't leave any comment to the rating

Reza Pratama
436
2016.03.14 07:01 
 

User didn't leave any comment to the rating

Version 1.14 - 2016.04.22
Pair Symbol and Lot input manual. Please input Symbol without suffix
Version 1.13 - 2016.03.25
Set TP and SL by user input
Version 1.12 - 2016.03.17
Adding AutoSuffix Symbol
Money management settings
StopTrade fix