Zscore Diff 3 Pairs EA
Logic:
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- Arbitrage Strategy: This EA employs a sophisticated arbitrage strategy by simultaneously trading three distinct currency pairs (Symbol, Pair2, Pair3). It leverages the standard deviations of the closing prices relative to their simple moving averages (SMA) to detect arbitrage opportunities, focusing on disparities in Z-score differentials to capitalize on market inefficiencies.
- Multi-Currency Capability: Designed with a multi-currency framework, the EA facilitates trading across multiple currency pairs. It intelligently adapts its investment direction for the secondary pairs (Pair2 and Pair3) based on evolving market conditions, maximizing potential returns across diverse currency movements.
- Advanced Order Management: Order execution is meticulously managed using predefined thresholds (HighLevelValues and LowLevelValues) triggered by Z-score differentials among the currency pairs. The EA ensures trades are closed at optimal moments, either securing profits or reverting to normalized Z-score levels, thereby enhancing profitability and minimizing risk.
- Proactive Risk Management: The EA incorporates continuous market surveillance to validate trading conditions before initiating new positions. It dynamically manages open trades, adjusting based on real-time Z-score metrics, ensuring that each position aligns with the EA’s risk management protocols for optimal safety and performance.
