Circadian
V4.1 + presets
- Experts
- Conor Stephenson
- Version: 4.1
- Updated: 31 January 2023
Circadian is a triangular arbitrage expert advisor that works using price correlation between three currency pairs.
The expert trades three pairs at a time, these are grouped into a set. Sets are found using a custom permutations calculator or chosen from a default selection.
Each minute, twenty seconds is allocated for each set to search for a synchronized arbitrage opportunity, once a valid signal is found, the set is locked in and three trades are opened.
The algorithm is equipped with a dynamic take profit and basket close logic that will automatically manage all pairs in a set.
- Signals : —
- Group chat : https://www.mql5.com/en/users/conorstephenson
- Back test will NOT work in MT4. Tests must be run using the MT5 version.
- Circadian is an experimental design and has proven itself to be high risk, I advise caution when using. Some situations may require manual intervention from the user.
Key Features
- One chart set up.
- Grid / Scalping expert using price correlation & fluctuation between three pairs to enter into trades.
- Intricate logic – Initial trades are opened in a group of three and monitored/managed as a set.
- Unique Permutations Calculator automatically finds all possible arbitrage pair sets from your marketwatch list.
- Multiple trade modes – Search for only Triangular Arbitrage opportunities or scalp each candle and take advantage of the cross pair logic.
- Dynamic Take Profit, Profit Closing & Hedging logic.
- Wide Spread & Slippage protection.
- Optional Drawdown Reduction function – works separately on each pair in a set.
- Multiple Alert & Limiting functions.
- Equity limits – EA is able to stop trading at a desired input equity/margin drawdown amount.
Recommendations
- Set up – ‘Triangular Arbitrage‘ – Load this set file onto a 1M EURUSD chart. – ‘Scalp Each Candle‘ – Load this set file onto a 1HR EURUSD chart.
- Account – Using a standard account a balance of at least $4000 is recommended, cent account types can start with $40.
- Take a look at the User Guide and the linked video explaining the Triangular Arbitrage concept that this expert has been created to search for.
Input List
—[ FULL USER GUIDE ]—
- Magic Number.
- Order Comment.
- Show On Chart Comment.
- Chart Panel Mode.
- Panel Text.
- Sell Color
- Buy Color.
- Text Size.
- Trade Mode.
- Active Pair Triangle.
- Hedge Using.
- Custom Pair Input 1.
- Custom Pair Input 2.
- Custom Pair Input 3.
- Prefix.
- Suffix.
- Max Spread. (Pips)
- Max Slippage. (Pips)
- Pair 1 Max Lot Size Allowed.
- Pair 2 Max Lot Size Allowed.
- Pair 3 Max Lot Size Allowed.
- Alert At Grid Level. (Total Trades)
- Pair 1 Max Buy Trades Allowed.
- Pair 1 Max Sell Trades Allowed.
- Pair 2 Max Buy Trades Allowed.
- Pair 2 Max Sell Trades Allowed.
- Pair 3 Max Buy Trades Allowed.
- Pair 3 Max Sell Trades Allowed.
- Only Open Trades Above Free Margin Amount.
- Limit Trade Hours.
- Start Hour.
- Stop Hour.
- Trade Monday.
- Trade Tuesday.
- Trade Wednesday.
- Trade Thursday.
- Trade Friday.
- Stop Trade Before Weekend.
- Skip Moday Market Open.
- Trade Saturday.
- Trade Sunday.
- Pair 1 Base Lot.
- Pair 2 Base Lot.
- Pair 3 Base Lot.
- Pair 1 Multiplier.
- Pair 2 Multiplier.
- Pair 3 Multiplier.
- Stop Loss. (Pips)
- Take Profit. (Pips)
- Auto Money Mangement.
- Auto Risk Percent.
- Use Grid.
- PipStep Method.
- Dynamic Step TimeFrame.
- IF Fixed PipStep Pair 1.
- IF Fixed PipStep Pair 2.
- IF Fixed PipStep Pair 3.
- Move Take Profit.
- Move TP After. (Trades)
- Move TP To. (Pips)
- Auto Close Mode.
- Amount / Percent To Close.
- Close From Signal/Inefficiency change.
- Use DrawDown Reduction.
- Reduce After. (Trades)
- Percent To Function.
- Use News Filter.
- Filter Low News.
- Filter Mild News.
- FIlter High News.
- Minuets To Stop Trading Before Event.
- Minuets To Stop Trading After Event.
- Low Event Line.
- Mild Event Line.
- High Event Line.
- Market Watch TimeZone.
Reviews
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