Circadian MT5
- Experts
- Conor Stephenson
- Version: 4.1
- Updated: 31 January 2023
Circadian is a triangular arbitrage expert advisor that works using price correlation between three currency pairs.
The expert trades three pairs at a time, these are grouped into a set. Sets are found using a custom permutations calculator or chosen from a default selection.
Each minute, twenty seconds is allocated for each set to search for a synchronized arbitrage opportunity, once a valid signal is found, the set is locked in and three trades are opened.
The algorithm is equipped with a dynamic take profit and basket close logic that will automatically manage all pairs in a set.
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Signals : ---
- Group chat : https://www.mql5.com/en/users/conorstephenson
- Circadian is an experimental design and has proven itself to be high risk, I advise caution when using. Some situations may require manual intervention from the user.
My products are for sale only on MQL5, if you see this product anywhere else, it is an imitation. Don't be fooled.
Key Features
- One chart set up.
- Grid / Scalping expert using price correlation & fluctuation between three pairs to enter into trades.
- Intricate logic - Initial trades are opened in a group of three and monitored/managed as a set.
- Unique Permutations Calculator automatically finds all possible arbitrage pair sets from your marketwatch list.
- Multiple trade modes - Search for only Triangular Arbitrage opportunities or scalp each candle and take advantage of the cross pair logic.
- Dynamic Take Profit, Profit Closing & Hedging logic.
- Wide Spread & Slippage protection.
- Optional Drawdown Reduction function - works separately on each pair in a set.
- Multiple Alert & Limiting functions.
- Equity limits - EA is able to stop trading at a desired input equity/margin drawdown amount.
Recommendations
- Set up - 'Triangular Arbitrage' - Load this set file onto a 1M EURUSD chart. - 'Scalp Each Candle' - Load this set file onto a 1HR EURUSD chart.
- Account - Using a standard account a balance of at least $4000 is recommended, cent account types can start with $40.
- Take a look at the User Guide and the linked video explaining the Triangular Arbitrage concept that this expert has been created to search for.
Input List
---[ FULL USER GUIDE ]---
- Magic Number.
- Order Comment.
- Show On Chart Comment.
- Chart Panel Mode.
- Panel Text.
- Sell Color
- Buy Color.
- Text Size.
- Trade Mode.
- Active Pair Triangle.
- Hedge Using.
- Custom Pair Input 1.
- Custom Pair Input 2.
- Custom Pair Input 3.
- Prefix.
- Suffix.
- Max Spread. (Pips)
- Max Slippage. (Pips)
- Pair 1 Max Lot Size Allowed.
- Pair 2 Max Lot Size Allowed.
- Pair 3 Max Lot Size Allowed.
- Alert At Grid Level. (Total Trades)
- Pair 1 Max Buy Trades Allowed.
- Pair 1 Max Sell Trades Allowed.
- Pair 2 Max Buy Trades Allowed.
- Pair 2 Max Sell Trades Allowed.
- Pair 3 Max Buy Trades Allowed.
- Pair 3 Max Sell Trades Allowed.
- Only Open Trades Above Free Margin Amount.
- Limit Trade Hours.
- Start Hour.
- Stop Hour.
- Trade Monday.
- Trade Tuesday.
- Trade Wednesday.
- Trade Thursday.
- Trade Friday.
- Stop Trade Before Weekend.
- Skip Moday Market Open.
- Trade Saturday.
- Trade Sunday.
- Pair 1 Base Lot.
- Pair 2 Base Lot.
- Pair 3 Base Lot.
- Pair 1 Multiplier.
- Pair 2 Multiplier.
- Pair 3 Multiplier.
- Stop Loss. (Pips)
- Take Profit. (Pips)
- Auto Money Mangement.
- Auto Risk Percent.
- Use Grid.
- PipStep Method.
- Dynamic Step TimeFrame.
- IF Fixed PipStep Pair 1.
- IF Fixed PipStep Pair 2.
- IF Fixed PipStep Pair 3.
- Move Take Profit.
- Move TP After. (Trades)
- Move TP To. (Pips)
- Auto Close Mode.
- Amount / Percent To Close.
- Close From Signal/Inefficiency change.
- Use DrawDown Reduction.
- Reduce After. (Trades)
- Percent To Function.
- Use News Filter.
- Filter Low News.
- Filter Mild News.
- FIlter High News.
- Minuets To Stop Trading Before Event.
- Minuets To Stop Trading After Event.
- Low Event Line.
- Mild Event Line.
- High Event Line.
- Market Watch TimeZone.
I am big fan of arbitrage theory and beginning to be much attached to Circadian, seeing the theory in action…