Correlates EA

Correlates EA

$271.00 $199.00

Correlates EA implements the classic idea of correlating currency pairs, both direct and reverse. This allows, when opening a position, to protect it by simultaneously opening a position on a correlating currency pair. With a high level of correlation of currency pairs and a reasonable money management, this approach makes it possible to get profit with high probability and to avoid large drawdowns of the trading account.

Quick statistics

Correlates EA description

Trading modes are available:

1. With automatic selection of currency pairs - trading will be performed on 28 currency pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, EURJPY, USDJPY, AUDJPY, USDCHF, EURAUD, EURCAD, EURCHF, EURGBP, CADCHF, EURNZD, AUDCAD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, AUDCHF, NZDCAD, NZDCHF, NZDJPY, AUDNZD, USDCAD, CHFJPY, CADJPY.

2. With manual selection of currency pairs - they have to be set in parameters.

For the advisor to work correctly, the quotes of the used currency pairs are needed in the "Market Watch" window of the MetaTrader4 trading terminal. To do this: right-click in the window "Market Watch" - Show all. After that, you need to drag the Correlates EA to the chart of one of any currency pair, selected for trading.

Recommendations:

TimeFrame - H1.

Trading terminal - MetaTrader4.

Minimal recommended deposit - $500 for 0.01 lot. Or $50 for cent-account with lot 0.1.

Minimal recommended account leverage - 1:500.

Parameters - 2 options in video-guide.

Drawdown

20-30%

Monthly gain

10-15%

Strategy type

Grid

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Quick statistics
NameCorrelates EA
TypeGrid Correlation
Leverage1:400 or higher
Time frameH1
Lot sizeVariable
Stop lossNo
Trailing stopNo
Min account size$3000
IndicatorsYes
Currency pairMultiple
Demo testingNo
Projected annual profit120%
Projected max DD40%
To trade the Correlates EA you can open your free broker account by clicking the button.