Multi Arbitration 1.1xx – expert for MetaTrader 5

  • A+

A further development of Multi Arbitration 1.000.

Difference from 1.000:

  • The EA is only launched on PERIOD_M1 (see the explanation below, parameter Time frame).

  • The EA now trades two symbols simultaneously. The second symbol is taken from the ExtArrSymbols static array:

    string         ExtArrSymbols[20]=
      {
       "EURUSD","GBPUSD","USDCHF","USDJPY","USDCAD",
       "AUDUSD","AUDNZD","AUDCAD","AUDCHF","AUDJPY",
       "CHFJPY","EURGBP","EURAUD","EURCHF","EURJPY",
       "EURNZD","EURCAD","GBPCHF","GBPJPY","CADCHF"
      };
    //+------------------------------------------------------------------+
    //| Expert initialization function                                   |
    //+------------------------------------------------------------------+
    int OnInit()
    
  • Position opening principle has changed:

    • Now, a new BUY position can only be opened when the current price is below the lowest BUY position.
    • A new SELL position can only be opened when the current price is above the highest SELL position.

    Multi Arbitration 1.1xx - expert for MetaTrader 5

  • The new parameter Time frame allows optimizing the EA on any chart. The Expert Advisor works when a new bar of the main symbol appears (i.e. the symbol of the chart on which the EA is running):

    //+------------------------------------------------------------------+
    //| Expert tick function                                             |
    //+------------------------------------------------------------------+
    void OnTick()
      {
    //--- we work only at the time of the birth of new bar
       static datetime prevtime=0;
       datetime time_0=iTime(0,m_symbol_one.Name(),InpTimeFrame);
       if(time_0==prevtime)
          return;
       prevtime=time_0;
    

    Here the InpTimeFrame variable is our Time frame input. Depending on the Time frame input, we can enable the EA to work on any timeframe!

  • Testing results on EURUSD:

    Multi Arbitration 1.1xx - expert for MetaTrader 5

Comment

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