CrossAssetEURUSD

The CrossAsset Residual Momentum EA is an automated trading system specifically designed for MetaTrader 5, focused on trading the EURUSD pair using advanced correlation with the leading asset US500Cash (S&P 500). Its primary approach is to leverage price statistical deviations through quantitative Z-Score and Residual Momentum filters, prioritizing strict risk management and high entry selectivity.

🌟 Main Features and Advantages

• Dual-Session Trading: Automatically monitors the openings of the London and New York markets, evaluating high-probability opportunities during periods of peak global liquidity.

• High Selectivity and Low Risk (V2): Thanks to its refined filters, the strategy avoids overtrading, achieving a very low controlled Drawdown (approximately 2.75%) and highly stable capital performance.

• Continuous Live Validation: The algorithm dynamically evaluates market conditions tick-by-tick within a preconfigured time window, ensuring that valid opportunities are not missed right after the session opens.

• Macro Shield and Trend Filter: Incorporates protection against extreme macroeconomic volatility spikes and uses an Exponential Moving Average (EMA) on the leading asset to ensure trades follow the institutional direction of the market.

• Institutional Risk Management: Features a configurable daily loss limit in dollars, an advanced Trailing Profit system, a strict Time-Stop, and an automatic closing mechanism before the market session ends.

⚙️ Input Parameters

Below are the configuration parameters available to customize the Expert Advisor's operation:

📊 Asset Configuration

• InpLeadAsset : Reference leading asset (default "US500Cash").

• InpTradeAsset : Financial asset where orders will be executed (default "EURUSD").

• InpCorrelationFactor : Adjusted mathematical correlation coefficient between both assets (default 2.0 ).

🕒 Session Configuration (London and New York)

• InpEnableLondon : Enables or disables trading during the London session (true/false).

• InpLondonHour / InpLondonMinute : Broker hour and minute for the start of the London session.

• InpEnableNY : Enables or disables trading during the New York session (true/false).

• InpNYHour / InpNYMinute : Broker hour and minute for the start of the New York session.

⏱️ Time Window and Market Close

• InpHoldingHours : Strict time limit for maintaining an open position in hours (Time-Stop).

• InpMaxSessionMinutes : Maximum window of minutes after the open during which the EA performs continuous tick validation.

• InpUseCloseBeforeMarketClose : Activates automatic position closing before the market session ends.

• InpMinutesBeforeClose : Exact minutes before market close to force open operations to exit (default 15 ).

📐 Residual and Z-Score Parameters

• InpMinResidual : Minimum percentage differential required to validate an entry signal.

• InpMinZScore : Minimum statistical Z-Score value demanded on the leading asset.

• InpVolPeriod : Period in days considered for historical volatility calculation.

• InpLeadVolDivisor : Volatility divisor factor applied to the leading asset.

🛡️ Trend and Macro Filters

• InpUseMacroFilter : Activates the macro-anomaly security shield.

• InpMaxAllowedResidual : Maximum allowed residual threshold before discarding a trade due to market spikes.

• InpUseTrendFilter : Activates the directional filter based on the leading asset's trend.

• InpLeadEMAPeriod : Period of the EMA applied to the leading asset (default 50 periods on H1).

💰 Risk Management and Funding

• InpMaxDailyLossUSD : Maximum allowable daily loss limit in USD (halts trading and closes positions if reached).

• InpLotSize : Operating lot size assigned to each order.

📈 Trailing Profit and Institutional

• InpUseTrailingProfit : Enables or disables the dynamic profit-tracking function.

• InpActivationPoints : Floating profit points required to activate the Trailing Stop.

• InpTrailingDistance : Distance in points at which the trailing Stop Loss will be maintained.

• InpMagicNumber : Unique identifier (Magic Number) to distinguish this EA's trades on the platform.