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Thread: Arbitrage Reverse EA

  1. #1
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    Post Arbitrage Reverse EA

    The EA can be found @ Arbitrage - MQL4 Code Base

    Here is the statement
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    Quote Originally Posted by fxea View Post
    The EA can be found @ Arbitrage - MQL4 Code Base

    Here is the statement
    Hi fxea,

    Thanks for sharing this statement.

    What settings are you using ? the default one ?

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    Yes.
    One thing i dont understand is that i set different magic number for different currency, however, the EA changes every number into one same number for every currency i attached.

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    From what i understand from the site, this EA should be use standalone, we can attach 4 chart with this same EA, but the setting for expert should be set to 4, all magic number remain the same, same magic number mean it is in the same group to manage. But i have a question, why the EA have huge profit but it don't close all the floating trades ?

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    Can we adding basket profit / loss to control it? At least a basket loss to prevent huge DD. For me, if an EA can earn this much of profit, it can happen the opposite way as well.

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    Quote Originally Posted by fxea View Post
    Can we adding basket profit / loss to control it? At least a basket loss to prevent huge DD. For me, if an EA can earn this much of profit, it can happen the opposite way as well.
    As you wish, i added target balance and target loss, target balance mean the profit of account equity you wish to have, whereas target loss is the account equity you wish to left. When target balance or target loss is hit, all trades of the current chart symbol will close all and the EA will stop trading. Hope this help...
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    Can someone explain the strategy. The Russian website translation is difficult to understand. G

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    Quote Originally Posted by winsteadglenn View Post
    Can someone explain the strategy. The Russian website translation is difficult to understand. G
    Translated version of http://codebase.mql4.com/ru/1060

    The essence of the strategy is simple, that is (depending on beginPrice) :
    • If the price is low, then buy. Moreover, the lower the price fell, the greater is the volume of purchases.
    • If the price is high, then sell. The higher the price rises, the higher is sales volume.

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    Hi Yast77

    that version 1.2 with basket profit and loss not working.

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    Quote Originally Posted by fxea View Post
    Hi Yast77

    that version 1.2 with basket profit and loss not working.
    Can you explain briefly how it not work and what is your setting ? It's working well for me..
    Last edited by yast77; 12-02-2008 at 14:18.

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