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ArbitrageReverse_1.1 Forex EA - Tested on LQDFX and FXOpen
Discover the power of ArbitrageReverse_1.1, an advanced Expert Advisor (EA) and Forex Robot designed for optimal trading performance. This EA leverages cutting-edge strategies to enhance your trading experience, providing precision and efficiency. Tested extensively on trusted platforms like LQDFX and FXOpen, our Forex EA ensures reliable results. Elevate your trading with ArbitrageReverse_1.1 – your key to successful Forex trading.
arbitragereverse_1.1.mq4 6.78 kb, 53 downloads since 2015-04-23
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Download ArbitrageReverse_1.1 Forex EA-Smart Forex Arbitrage
ArbitrageReverse_1.1 Forex EA employs an arbitrage strategy, targeting discrepancies in currency pricing. It capitalizes on the difference between the buying and selling price of a currency pair, aiming for profits from these small price gaps.
The EA analyzes the historical and current orders for specific currency pairs. It calculates potential profits based on the differences between opening and closing prices of these orders. If certain conditions are met (like a negative discrepancy), it executes trades to exploit the arbitrage opportunity. The EA uses a 'magic number' to identify its trades and manage them separately.
Setup Guidance:
Download and install the 'ArbitrageReverse_1.1.mq4' file in your MT4 platform.
Attach the EA to the desired currency pair chart.
Ensure your account has sufficient margin to support the trades.
Adjustable Parameters:
experts: Multiplier for trade volume adjustment.
beginPrice: Initial reference price for calculations.
magicnumber: Unique identifier for EA's trades.
bl: Base lot size for trades.
prevtime: Internal parameter to manage trade timing.
Optimal Settings:
experts: 1 (for standard trade volume)
beginPrice: Current market price of the currency pair
magicnumber: 777 (or any unique number)
bl: 1000 (adjust based on your risk appetite)
Recommended Currency Pairs: Major pairs like EUR/USD, GBP/USD
Time Frame: 1-hour (H1) chart
Minimum Budget: $1000 (to accommodate potential margin requirements)
Winning Strategy Settings:
Set experts to 1 for balanced trade volume.
Update beginPrice to current market price for real-time calculations.
Use a unique magicnumber to easily track EA’s trades.
Adjust bl according to your risk tolerance; higher values increase trade size.
Trade on major currency pairs and H1 time frames for optimal arbitrage opportunities.
Ensure a minimum budget of $1000 for sufficient margin coverage.
The ArbitrageReverse_1.1 Forex EA exploits market inefficiencies by comparing historical and current price differences, with settings fine-tuned for maximum efficiency in standard forex market conditions.
arbitragereverse_1.1.mq4 6.78 kb, 15 downloads since 2023-11-13
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