This high-frequency trading robot implements latency arbitrage by comparing price feeds across two separate MetaTrader terminals. It requires a fast data source to serve as a reference and a slower broker where price delivery lags behind the market. The EA communicates between instances via a socket library to detect p
Trading robot · MT4
Arbitrage Algo
This MetaTrader 4 expert advisor implements a latency arbitrage strategy by monitoring price discrepancies across multiple ECN brokers and liquidity pools.
GitHub stars1
Forks0
Last update4 years ago16 Feb 2022
LicenceNone stated
Overview
Arbitrage Algo tracks bid and ask prices for twenty-three currency pairs in a high-speed loop, identifying instances where prices diverge significantly across different platforms. When a specific entry threshold is met, the system executes trades and manages the exit process once spreads normalize. The project uses a sender and receiver architecture to synchronize price data between terminals. The developer notes that this algorithm is now deprecated.
- Cross-platform latency arbitrage
- High-frequency price monitoring loop
- Support for twenty-three currency pairs
- Automatic trade execution and exit management
- Multi-terminal data synchronization
Details
Author
baufometic on GitHub
Type
Trading robot
Platform
MetaTrader 4 (MQL4)
Strategy
Arbitrage, Scalping
Markets
Forex
Timeframes
M1-M5
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Input parameters
Read from OVERLORD.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
LoopThreshold | ulong | 100 | |
RefreshTime | int | 0 | |
EntryThreshold | double | 1.0 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone baufometic/arbitrage-mql from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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