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Triangular Arbitrage Indicator

Triangular Arbitrage Indicator is one the most advance and efficient indicator available based on triangular arbitrage concept. Its complex algorithm calculates the profit based on different input parameters and shows directly on the chart. Also, if the minimum profit is retained for the minimum time interval (see input parameter sections) then that particular asset is written in a text file.

Location of the text file: MQL4/Files/ArbitrageData.txt

For this indicator, one can monitor the profit of five different arbitrage asset. For every Arbitrage asset, user can set entry type for every currency pair and set the Enable Arbitrage Symbol as true to enable it.


Input Parameters

  • Enable Arbitrage Symbol1: Enable the arbitrage symbol calculations, Values: true or false
  • Arbitrage Symbol1: Forex currency pair
  • Arbitrage Trade Direction1: Entry type for each pair
  • Enable Arbitrage Symbol2: Enable the arbitrage symbol, Values: true or false
  • Arbitrage Symbol2: Forex currency pair
  • Arbitrage Trade Direction2: Entry type for each pair
  • Enable Arbitrage Symbol3: Enable the arbitrage symbol, Values: true or false
  • Arbitrage Symbol3: Forex currency pair
  • Arbitrage Trade Direction3: Entry type for each pair
  • Enable Arbitrage Symbol4: Enable the arbitrage symbol, Values: true or false
  • Arbitrage Symbol4: Forex currency pair
  • Arbitrage Trade Direction4: Entry type for each pair
  • Enable Arbitrage Symbol5: Enable the arbitrage symbol, Values: true or false
  • Arbitrage Symbol5: Forex currency pair
  • Arbitrage Trade Direction5: Entry type for each pair
  • LotsforCalculatingProfit: Lot Size for profit calculation
  • MinimumProfit (%):
  • CommissionPerLot (Round Turn): Specify broker commission
  • MinimumTimeInterval(Seconds):
  • Alerts: Enable or Disable Alerts
  • Text Color: Set the text color as per convenience
  • Text Font Size: Set the font size as per convenience

All the above mentioned parameters can be set as per the trader's strategy. Check screenshots for an example on above mentioned parameters.

Triangular Arbitrage Indicator is very helpful tool to assess your entry position based on triangular arbitrage.

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