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
Trading robot · MT5
Triangular Arbitrage MT5
This MetaTrader 5 expert advisor implements a triangular arbitrage strategy targeting price discrepancies between correlated currency pairs.
GitHub stars1
Forks2
Last update9 years ago7 Jun 2017
LicenceNone stated
Overview
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 a defined entry threshold and closes positions when the gap narrows to the exit point. Risk management includes fixed stop loss and take profit levels set in points, alongside a base lot sizing parameter. The repository lacks a README and additional documentation.
- Triangular arbitrage pricing logic
- Synthetic price gap monitoring
- Automated entry and exit threshold management
- Fixed point-based stop loss and take profit
- Multi-symbol correlation tracking
Details
Author
chrisyeh75 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Arbitrage, Hedging
Markets
Forex
Timeframes
Any timeframe
Risk profile
- Holds opposite positions at once
EA files
Input parameters
Read from Triangular arbitrage.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
entry | double | 0.3 | |
exit | double | 0.1 | |
profitThreshold | double | 0 | |
BLS | double | 0.22 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone chrisyeh75/Triangular-arbitrage 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.
- 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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