Discover TardioBot
Hey there, fellow traders! Today, I want to introduce you to TardioBot V1.05, a powerful Expert Advisor (EA) designed specifically for MetaTrader 5. Named after the bold historical figure Giuseppe Tardio, this EA uses a triangular arbitrage strategy that can really help you take advantage of price differences across three currency pairs.
How TardioBot Works
TardioBot is all about spotting opportunities. It keeps a constant eye on bid and ask prices, calculates arbitrage ratios, and jumps into action by executing trades when it finds profitable setups that meet your predefined criteria. It also takes spreads and commissions into account, ensuring that you’re making informed trading decisions.
Features of TardioBot
- Supports six predefined arbitrage trios including:
- EUR/USD
- GBP/USD
- EUR/GBP
- GBP/USD
- USD/JPY
- GBP/JPY
- Dynamic price updates tailored to each currency pair.
- Validates lot sizes across all pairs in the trio.
- Accounts for individual commissions and spread costs.
- Automatically closes stale trades after a user-defined period.
- Logs arbitrage opportunities and trade details for your review.
- Includes safety checks for equity, margin, and extreme ratios.
Important Note
Just a heads-up: TardioBot is not intended for live trading. If you increase lot sizes too much, you could end up wiping out your account balance. This EA is designed for demo and strategy testing only, and it’s a work in progress. Think of it as a tool to refine your trading skills rather than a ready-to-go solution for live markets.
Feel free to tweak and improve the code as you see fit! Happy trading!
연관 포스트
- Adjusting TP/SL by Percentage in MetaTrader 4: A Trader's Guide
- Streamline Your Trading with a Fixed Interval Close Order EA for MetaTrader 4
- Unlocking the Power of CoupleHedgeEA for MetaTrader 4: A Trader's Guide
- Mastering ATR: Your Go-To Guide for Take Profit and Stop Loss in MetaTrader 4
- Unlocking the Power of the Mission Impossible Power Two Open Version for MetaTrader 4