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All About Forex Trading – “BrightTrio” DAAS Built-in Arbitrage Strategy
How BrightTrio built-in Arbitrage Works?
How the strategy works: Let’s say we have 3 accounts: A, B, and C. We have option 1 – opening the first lock at the start of the strategy (before the emergence of the arbitrage situation) or option 2 – opening the lock when an arbitrage situation occurs.
Option 1
The price on fast feeder and accounts A, B, C is the same. When the strategy is launched, the order is opened BUY on account 1 and SELL on account 2.
Option 2
The price on fast feeder and accounts A, B, C is the same. When starting the order strategy, no openings.
Let’s say there is a BUY arbitrage situation: the price for fast feed is higher than on slow accounts A, B, C by diff to open – this parameter is specified in the settings of the program. For each traded instrument, the program will open a BUY order on account A and applies Stop Loss (SL), Take Profit (TP), and Trailing stop to it. When the trailing stop is triggered, or TP, instead of closing a BUY order, the program will open a SELL order on account B, thus the most fixed profit and locks the BUY order.
There are no differences in the program actions when option 1 or option 2 is enabled.
When a BUY arbitrage situation occurs: the price for fast feed is higher than for slow accounts A, B, C by the amount of Diff to open, the program will close SELL order on account B.
At the same time, the program will create a virtual BUY order at the closing price of the SELL order and applies Stop Loss (SL), Take Profit (TP), Trailing stop to it. Note that the virtual order exists only in the program memory and is not sent to the broker server. When triggering a trailing stop or TP, the program will open a SELL order on account C, thereby fixing profit and locking the BUY order.
When a SELL arbitrage occurs: price for fast feed is less than slow accounts A, B, C by the amount of Diff to open, the program will close BUY order on account A.
At the same time, the program will create a virtual SELL order at the closing price of the BUY order and applies Stop Loss (SL), Take Profit (TP), Trailing stop to it. When the trailing stop is triggered, or TP, the program will open a BUY order on account B, thereby capturing the profit and locking the SELL order.
criteria of a good expert advisor
What are the characteristics of a good expert advisor?
- 1- The expert must be able to work with $1000 and not be margin call.
- 2. Not over-fit or over-optimized for a specific period!
- 3- It is not a history reader! (by default metatrader internal readfile prevent EAs to read .hst file and some scammer use kernel function that need allow dll for access to future on back-testing and so result of this type EAs on live market similar throw coin )
- 4- It should not be martin and grid! (the sum positions pips must be positive! when you want ignore this rule on martin EAs)
- 5- The duration of each order should not be less than 1 minute and should not be more than 1 week.
- 6- Its Profit Factor should be more than 2.
- 7- The number of trades per year or per 6 month should be more than 300! (252 trading days per year you need at least 1 trade per day low trade EA in most cases are over-optimize) we need see some trade !
- 8- Can pass at least 5 years in the back test with 99% accuracy.
- 9- Its performance should not be gross on two pairs with high correlation. (over fit)
- 10 – Expert must be able to work on 5-digit currency pairs with spreads of 20 and above for XAUUSD on 2-digit of spreads of 100 and above and for Bitcoin spreads of 600 and above. you need check avg spread of live broker account.
- 11- Expert must have a live account with a function of 6 months or more on top regulated broker for example IC Market or Lmax(#ASIC #CFTC #CySEC #DFSA #BaFIN #FCA #FINRA #FMA #FINMA #FSA #FSB #IFSC #NFA #SEC #MIFID)! and better analyze account on mql5 or with investor password.
- 12- Draw-down of Expert should not be more than 20% on 5k deposit account.
- 13- The volume should increase in proportion to the growth rate of the account and market fluctuations.
If you find such EA, you are successful. Violation of any of the above rules means a loss on one of the days of history.
and example EA can pass most of this rules is density scalper but broker sensitive and other night scalpers ….
fx-blue copier free
The Personal Trade Copier duplicates orders between two (or more) instances of MT4/MT5 running on the same computer. It is trusted by tens of thousands of traders all over the world, and is even used by brokers to offset risk and liquidity from one server to another.
Changes in this new release, v10:
Versions for both MT4 and MT5. Send and receive between any combination of MT4 and MT5 accounts.
Improved copying speed
In MT4, run trading actions in parallel - copy multiple new signals at the same time - using an optional worker EA
Improved automatic detection of different symbol names on different broker accounts, reducing the need for manual settings
Override the copier's actions using your own MQL code
This is the MT4 version of the Copier. There is also a version for MT5.
mt4 – mt4 or mt4-mt5 or mt5-mt4 or mt5-mt5 combination possible!
The trade copier has a wide range of features. These are covered in greater detail in the user guide:
Adjust lot sizes, including risk-based adjustment based on the relative equity of the two accounts
Adjust the s/l and t/p
Only copy orders for specific symbols
Only copy orders with specific magic numbers
Copies both manual and automated trading activity
Send email alerts on trading activity
Uses a single magic number for all orders, allowing analysis of results by EA
Automatically adjusts between different broker symbols names such as EURUSD and EURUSDcx
Automatically adjusts between brokers who use 2/3DP and 4/5DP pricing
Invert original trade direction
Daily trading hours during which the copier is allowed to trade
Handles partial closes
The sending copy of MT4 does not need the ability to place trades. It can be logged in using the read-only MT4 “investor” password.
password: crack-westernpips.com
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Crack WebCliker 1.9 – 23-aug
Crack WEB CLICKER 1.9 – IT IS A UNIVERSAL CLICKER THAT CAN BE ADAPTED TO WORK ON ANY TERMINAL OF A BROKER, BE IT A WEB PLATFORM OR ANY OTHER TERMINAL FOR TRADING STOCKS, FUTURES, FOREX, BINARY OPTIONS OR ANY OTHER MARKET YOU NEED. YOU ONLY NEED TO SPECIFY THE PLACE FROM WHERE TO READ THE QUOTES AND SET UP CLICKS ON THE BUTTONS, AFTER WHICH THE TRADING ALGORITHM ON THE FULL MACHINE WILL DO ALL THE WORK FOR YOU, AND THE BROKER WILL NOT EVEN SUSPECT THAT YOU HAVE TRADED USING THIRD-PARTY SOFTWARE. THE SECRET TECHNOLOGY OF WORKING WITH THE BROKER’S WEB TERMINAL ALLOWS YOU TO COMPLETELY IMITATE MANUAL TRANSACTIONS AND BUTTON CLICKS AS A REGULAR TRADER WOULD.
WE ADAPTED THE CLICKER TO WORK ON THE MAIN BINARY OPTIONS BROKERS: OLYMP TRADE, BINARY, BINOMO, FINMAX, MIGESCO, HIGHLOW, AS WELL AS FOREX WEB BROKERS FXCM, ACTIVETRADES, DUCASCOPY, IG TRADING AND WEB TERMINAL.