Forex Arbitrates EA MT4 Source Code MQ4 (Works on Build 1420) | Forex Robot | MT4 Expert Advisor

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

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You can get it free if you signup Exness with our referral link

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an 'as is' basis and only the version mentioned is being sold.

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