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

Idea from: Yuri Leshetov

mq5 code: Barabashkakon

The EA calculates everything independently, namely the opening direction and lot size. The calculation is optimal, so the EA either accumulates contango quickly and ends up with a profit, or holds the trade in case of any problems until the retracement recovers. Recessions happen and sometimes last for a long time. The EA does not use any indicators and performs calculations based on the last 60 historical records.

Currency pairs should have a long-term positive correlation. The Expert Advisor cannot check whether currency pairs are positively correlated.

These currency pairs must have a common base currency. This means that the EURUSD and GBPUSD currency pairs are suitable since the pip value is calculated in USD. GBPJPY and CHFJPY also apply, since pip values ​​are calculated in Japanese yen. EURUSD and USDJPY cannot be used because the pip value of the first pair is calculated in US dollars, while the pip value of the second pair is calculated in Japanese yen.

You cannot place two different EAs with at least one of the currency pairs matching.

With the default settings, you can choose six pairs that I think are suitable for testing on a demo account:

Attachment download

📎 spreader.mq5 (59.7 KB)

Source: MQL5 #23355