Resonance Hunter - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources

Considering correlations between different financial assets is not a new idea, and it would be interesting to create algorithms based on the analysis of these patterns.

Here we present a multi-currency trading robot inspired by the article " Resonance - a new class of technical indicators " by Vasily Yakimkin published in the magazine "Currency Speculator" ( №04 (Part 1) and Part 05 (Part 2) in Russian).

In a nutshell, the idea of ​​the method is as follows. For example, to analyze the EUR/USD market, we can use not only any indicator that reads about that asset, but also the readings of the same indicator about related assets - EUR/JPY and USD/JPY.

A detailed description of this Expert Advisor can be found in the article "Creating an Expert Advisor for Trading on Multiple Instruments ".

Attachment download

📎 multistochastic.mq5 (18.19 KB)

📎multistochastic_exp.mq5 (8.72 KB)

📎exp_resonancehunter.mq5 (23.79 KB)

Source: MQL5 #452