Forex WINNER EA
Logic:
Multi-Currency:
- Trades across three currency pairs: the primary symbol, Pair2 (e.g., GBPUSD), and Pair3 (e.g., EURGBP).
- Option to invert Pair2 and Pair3 for custom correlation adjustments.
Mean Reversion:
- Uses Z-Score differences between three pairs to identify overbought or oversold conditions.
- Buys the primary pair and sells Pair2 and Pair3 when the Z-Score indicates a reversion to the mean (e.g., when the Z-Score is high or low).
Level-Based Trading:
- Monitors specific high and low Z-Score levels and opens trades accordingly.
- Closes trades when the Z-Score normalizes or a profit target is reached.
Order Management:
- Trades can be closed based on basket profit or Z-Score level-specific profit.
- Uses customizable parameters to control trading hours, risk management, and trade placement.