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 · MT5
FX TrEx
This MetaTrader 5 expert advisor implements a multi-currency trading strategy based on a coefficient matrix of major forex pairs.
GitHub stars1
Forks0
Last update8 years ago9 Nov 2017
LicenceNone stated
Overview
FX TrEx monitors price movements across a predefined set of currencies, including EUR, USD, GBP, AUD, JPY, and CAD, to identify trading opportunities. The system manages trades as a collective basket, utilizing a total profit target to trigger a global close of all open positions. The EA features automated entry and exit logic with specific functions for taking partial profits, though the repository contains minimal documentation and no external input parameters.
- Multi-currency coefficient matrix analysis
- Basket-based trade management
- Automated global exit logic
- Supports major forex currency sets
Details
Author
PavelZatyaev on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Arbitrage
Markets
Forex
Timeframes
Any timeframe
Risk profile
- Trades without a fixed stop loss
EA files
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone PavelZatyaev/fx-trex from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 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.
Similar expert advisors
This MetaTrader 5 expert advisor implements a triangular arbitrage strategy targeting price discrepancies between BTC/USD, ETH/USD, and BTC/ETH. It monitors both forward and reverse conversion paths to execute trades when a theoretical profit threshold is met. The EA features risk management tools including minimum pro
HFT Arbitrage EA is a latency arbitrage system designed for MetaTrader 4 and MetaTrader 5. It operates by comparing price feeds between a fast data source and a slower broker terminal to exploit execution lags. The system utilizes a socket library for real-time communication between server and client components. Risk m
This expert advisor facilitates arbitrage trading between futures and spot instruments, primarily targeting gold and stock indices. Available for MetaTrader 4 and 5, it monitors the price difference between two related symbols against a moving average to identify trade opportunities. The logic includes a noise-filterin
This MetaTrader 5 expert advisor implements a triangular arbitrage strategy targeting price discrepancies between correlated currency pairs. The robot monitors specific instruments, including EURUSD, USDJPY, EURJPY, USDCAD, and CADJPY, to identify synthetic price gaps. It executes trades when the calculated gap exceeds
This MetaTrader 5 expert advisor implements a pair trading arbitrage strategy between spot gold and gold futures. The robot monitors the price difference between XAUUSD and the GC futures contract, opening simultaneous buy and sell orders when the spread exceeds a defined threshold. Risk management is handled through a
Need a broker for MT5?
Compare regulated brokers that support MetaTrader, with spreads, minimum deposits and leverage side by side.
Compare brokers