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RingSystemEA Pro

2
It's a triangular arbitrage system (three pairs correlation system) to use 3 currencies to make 3 pairs to open hedge orders on those.

The expert starts opening six orders for each ring (3 plus and 3 minus) and waits to move prices in one direction to make a grid of orders.

The expert can use a maximum of 8 currencies to make 28 pairs and make 56 rings.

It is important the order of currencies is from the strongest to the weakest.

Strongest... EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY ...weakest.

Canto inputs minimum of three currencies and a maximum eight.


Version for MT5: MT5-RingSystemEA


Parameters Information

All information about parameters you can see on blog.


Of all the created pairs, you can skip some of them from external parameter.

Set expert to use currencies you want, and attach on one chart.

It does not matter in which chart and time frame you will attach the expert, the final selection will be done automatically from expert.


It's a multicurrency version of expert. Can to trade all rings from one chart.


If your broker have limit of opened orders, please set expert to use less currencies. Default settings use 8 currencies.

Can to delete some currencies from external parameter if you want to use less currencies. The parameter called: 'Currencies To Make Pairs'"EUR/GBP/AUD/NZD/USD/CAD/CHF/JPY".

Please, don't change the series of currencies. Try to delete currencies of parameter, not typing currencies on parameter.


Number of currencies gives number of rings

3 currencies = 1 ring.

4 currencies = 4 rings.

5 currencies = 10 rings.

6 currencies = 20 rings.

7 currencies = 35 rings.

8 currencies = 56 rings.


Please test expert on demo account first to see how it works.


Expert can't to make back test, because use a multi pair strategy. Orders that open in the back test are completely random to pass the test for approval.









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Fanur Galamov
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Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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Guillaume Duportal
4.83 (12)
Darwin EVOLUTION promotion !! 1490 USD to 990 USD Limited time (Offer valid up to arrival of the next update, do not waste time ) !!! You can not make Backtest of this EA, because MT4 does not handle the simultaneous multi-pairs. Darwin needs the 28 pairs for the calculation of the indicators !! Descriptions: - To understand the operation, come and read the blog (this EA reflects my philosophy of forex trading ... If you like my way to see things, then you will like my EA. Take the
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LEE SAMSON
5 (5)
Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
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Profalgo Limited
5 (5)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool to
Price reduced for 7 days to $147 Then the price will be $230 PowerFul 1 Min Scalping System - Automatic Robot Scalper for Trade on the XAUUSD currency pair (the robot trades in other currency pairs, but gets the best results in gold). Recommended time periods M5 . The minimum initial balance is from $ 500. This robot automatically determines the points of price turning and sets several deferred orders in the likely future direction of the trend. If the price does not unfold in the right directi
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This expert is a utility to help any trader to find the right lot size according to the risk he wants to take. It calculates the lot size based on account equity and added stop loss. The utility can't to open or close position. Attach the expert in the same symbol as the one you want to open position. PARAMETERS LossPips - Stop loss in pips for your position. RiskPercent - Risk of equity you want to get.
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TargetEA
Nikolaos Pantzos
5 (5)
This Expert Advisor is a tool to be used for closing all open positions by ticket in profit. Does not open positions, can only close positions. You can select the type of profits (pips or currency) and type of tickets (buy or sell) to manage it, and specific ID (magic number). You can to get source code from here . Parameters ManageBuySellOrders - Way to manage opened orders, as different basket buy from sell, or same basket buy and sell. CloseBuyOrders - Close all buy positions if target ac
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Filter:
Maria1964
40
Maria1964 2022.07.11 00:08 
 

I made a mistake., I placed it in my real account, then I tried to remove it from the expert advisor and cancel the ring, but it was automatically placed again and I removed the ring from the system, but it continues to work and I can't cancel the orders, it's only one ring.... I need help...!

philippe germain
2685
philippe germain 2020.10.13 10:22 
 

I confirm: waste of time.

emilbotto
40
emilbotto 2020.06.07 18:25 
 

waste of time

Reply to review
Version 3.7 2021.02.01
Improved code and fixed a critical bug.
Version 3.6 2020.05.03
I have improved the whole code.
Version 2.70 2019.06.19
Brand new code.
Improved all function!!!
Version 2.50 2019.06.02
Improved code to open and close orders faster and smoother.
Fixed a bug in function to check and control opened orders.