Forex Arbitrates EA MT4 Source Code MQ4

Description

Forex Arbitrage EA MQ4 is a forex expert advisor (EA) that capitalizes on small price discrepancies between brokers and liquidity providers. It employs a high-frequency, low-latency trading strategy to achieve risk-free profits. If you’re interested in arbitrage trading, this EA could be a valuable addition to your toolkit.

Introduction

The Forex Arbitrates EA MQ4 is a sophisticated trading robot designed to capitalize on price discrepancies between different brokers. Whether you’re a seasoned trader or just starting out, this EA simplifies arbitrage trading and minimizes risk. Let’s explore its features, strategy, and how you can leverage its potential.

Key Features:

• Arbitrage Strategy:
  • The Forex Arbitrates EA employs an arbitrage strategy, aiming to profit from minor price differences between two or more brokers.
  • It simultaneously buys and sells currency pairs to exploit these discrepancies.
• High-Frequency Trading (HFT):
  • The EA executes lightning-fast trades to take advantage of market inefficiencies.
  • It scans the market data immediately after news releases and capitalizes on price volatility.

Minimum Deposit

The Forex Arbitrates EA doesn’t require a large initial deposit. You can start with a modest amount and gradually increase your investment.

Recommended Time Frame

Choose the time frame that aligns with your trading style:

• Intraday Traders:
  • Time Frames: M1 to M15
  • Ideal for quick scalping trades.
• Swing Traders:
  • Time Frames: H1 to H4
  • Balances risk and reward.
• Long-Term Traders:
  • Time Frames: H4 and above
  • Suitable for trend-following strategies.

Suitable Currencies

The Forex Arbitrates EA works well with various currency pairs. Consider the following options:

1. Major Currency Pairs (EUR/USD, USD/JPY, GBP/USD, etc.):
   • High liquidity and tight spreads.
2. Cross Currency Pairs (EUR/GBP, AUD/NZD, GBP/JPY, etc.):
   • Diversify across different economies.

How It Works

The EA automatically executes trades when profitable arbitrage opportunities arise. Here are some key settings:

• Settings Examples:
  • Default Lot Size: Set the trading lot for each entry.
  • Auto Lot by Balance: Enable the EA to determine the lot size based on your account balance automatically.
  • RSI Period: Input the RSI period value.
  • RSI High Value: Set the overbought zone of the RSI.
  • RSI Low Value: Set the oversold zone for the RSI.
  • Bollinger Period: Input the Bollinger Band period value.
  • Next Order: Minimum interval between order executions.
  • Stop Order Distance (Pips): Minimum stop loss limit.
  • Min Entry Bar Length (Pips): Minimum size of a price candle for consideration as a signal bar.
  • Max Spread: Maximum spread range allowed to enter and exit an order.
  • Allowed Slippage in Points: Maximum price slippage points.
  • Stoploss (Pips): Set the stop loss limit for each entry.
  • Take Profit (Pips): Set the maximum take profit target for each entry.
  • Trailing Start: Determine the starting point of trailing stops.
  • Trailing Stop: Set the trailing stop-loss period in pips.
  • Buy or Sell: Select between buy and sell modes or both

What’s in the package?

• Experts : Forex Arbitrates.mq4