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Thread: Correlation Martingale EA

  1. #1
    Administrator funyoo's Avatar
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    Default Correlation Martingale EA



    We buy EURUSD and USDCHF if there is no open trades.

    We exit when we reach the target (in dollars).

    If after x hours, the orders are still opened, we sell EURUSD and USDCHF with the previous lot * multiplier. We repeat this operation (buy, sell, buy...) until we reach the target.

    If needed, we can only buy after each cycle.
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  2. #2

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    sounds interesting. i have always thought pair correlation the needs to looked at more.
    same for E/U & G/U?

    look forward to results

  3. #3

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    why not just trade eurchf? Because that's effectively what it is doing.

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    I attached the EA to E/U chart and it open only buy on EUR/USD What do I need to do to open USD/CHF too

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    Work good on 4 digit
    Didnt open on 5 digit ECN broker

  6. #6
    Administrator funyoo's Avatar
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    Quote Originally Posted by Luther_Blissett View Post
    why not just trade eurchf? Because that's effectively what it is doing.
    Hi Luther_Blissett,

    There are some discussions about it on the web. When you trade EU and UCH, you can get a balance, one pair will minimize the loss of the other pair. Whereas with ECH only, you have more free margin but you can also get more losses.

    Quote Originally Posted by izak View Post
    I attached the EA to E/U chart and it open only buy on EUR/USD What do I need to do to open USD/CHF too
    Hi izak,

    When you attach the code for the first time, you have to first create your demo account and then to attach the code, and not to attach the code and then to create the demo account. Otherwise, it can generate such issues.

    I have updated the code, the martingale was not working properly.
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  7. #7

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    the ea open many trades of both pairs, at same time: like 30+ on the same minute, and at same price. it is possible force it to open with 1pip or more diferent, for each pair?

  8. #8
    Administrator funyoo's Avatar
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    Quote Originally Posted by civfan View Post
    the ea open many trades of both pairs, at same time: like 30+ on the same minute, and at same price. it is possible force it to open with 1pip or more diferent, for each pair?
    With what version ?

    I have noticed this with the first one. The last should be ok.

  9. #9

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    Funyoo:

    Will this ea backtest ?

  10. #10
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    Quote Originally Posted by Dutchess View Post
    Funyoo:

    Will this ea backtest ?
    nope, cuz it uses more than one currency

    Regards

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