Triangular Arbitration free
Triangular arbitrage is the simultaneous opening of orders for three currency pairs. The direction of transactions and pairs are selected in such a way that simultaneously open positions insure each other. Due to this, you can open quite large lots, and the risk is low.
EURUSD – USDJPY – EURJPY
USDCAD – CADCHF – USDCHF
EURGBP – GBPUSD – EURUSD
AUDUSD – USDCAD – AUDCAD
GBPAUD – AUDUSD – GBPUSD
There are hundreds of options in total, you can use the scripts-triangles script to determine them. He selects the necessary triangles himself and collects them in a file.
The Expert Advisor opens three positions on the three specified instruments and controls their total profit. The positions included in such a triangle are in constant motion. The amount of profit for all goes to the plus, then to the minus, without going beyond the big limits, even with a very turbulent market. As a result, wherever the price moves, we are always insured! As soon as the profit amount reaches the set value, the EA closes all three positions.
This is a free expert Advisor. It does not determine the best entry point, but simply opens at a time when there are no trades. Commercial versions of this Expert Advisor assume full automation, you can read them here