Triplet MT5 Review Arbitrage EA

Triplet MT5 Review Arbitrage EA 5.12

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Triplet is an Expert Advisor based on positive hedging and triangular correlation strategy.
Since both of these strategies respectively are already known-how generally and has been known since a long time, we try to combine the two strategies into one, of course by adding several features to improve performance.
There are 10 ready-used packet pairs and 1 manual packet pair. With manual packet pair, you can use other packet pair that is not available on ready-used packets above as you want by fill them manually. Please note if you use manual packet pair, you must use symbols that have triangular correlation.
To use this EA, you should attach it on one chart only with any symbol and timeframe and no need to open the others. To test this EA on Strategy Tester, you can use "Open price only" modelling with time frame M1 because EA work on new bar by default.

For MT4 version here

Inputs​

GENERAL INFO
  • Expert name - expert's name.
  • Expert version - version of this EA.
  • Expert developer - developer name.
  • Expert setup - explanation to attach this EA on a chart.
GENERAL SETTING
  • Magic number - magic number.
MONEY MANAGEMENT
  • Money management - use auto lots calculation.
  • Risk in percentage terms - risk based on free margin to calculate lots.
  • Volume in lots if money management false - fix lots if money management is set to false.
PACKET SETTINGS
  • Packet pair - packet pair to trade.
  • Fill packet pair below manually if Packet pair = Manual Packet - Please do not include prefix/suffix.
  • Manual Packet - manual packet pair. Please use three pairs that have triangular correlation.

TRADE_SETTING
  • Trade only at new bar - if true then expert only work at new bar
  • Timeframe for new bar - timeframe used to new bar.
  • Signal factor - signal factor to calculate signal strength.
  • Add level although there is no signal - if true then next level will be added although there is no signal.
  • RR_Ratio - Risk-Reward ratio to calculate loss distance and profit target.
DISPLAY SETTINGS
  • Display info - if true then display panel will appear.
  • Header Background Colour - colour of header background.
  • Background Colour - colour of body background
  • Text Colour - colour of text
  • Account Profit Colour - colour of account P/L if profit
  • Account Loss Colour - colour of account P/L if loss
Author
fxtrading2
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