Unlocking Multi Arbitration 1.1xx: Your Go-To EA for MetaTrader 5

Welcome back, fellow traders! Today, I'm excited to delve into the latest version of the Multi Arbitration 1.000—now upgraded to Multi Arbitration 1.1xx.

What’s New in 1.1xx?

• The EA is now exclusively operational on the PERIOD_M1 timeframe. This means you’ll need to keep that in mind while setting it up (more on this in the Time frame parameter section below).

• One of the most exciting updates is the ability to trade two symbols at once! The second symbol is pulled from the ExtArrSymbols static array:

  string ExtArrSymbols[20] =
    {
     "EURUSD","GBPUSD","USDCHF","USDJPY","USDCAD",
     "AUDUSD","AUDNZD","AUDCAD","AUDCHF","AUDJPY",
     "CHFJPY","EURGBP","EURAUD","EURCHF","EURJPY",
     "EURNZD","EURCAD","GBPCHF","GBPJPY","CADCHF"
    };

• The position opening rules have been tweaked:

  • New BUY positions can only be initiated if the current price is below the lowest existing BUY position.
  • Conversely, new SELL positions can only be opened when the current price is above the highest existing SELL position.

  

• A new Time frame parameter has been introduced, allowing for optimization across different charts. The EA will function when a new bar appears for the main symbol:

  //+------------------------------------------------------------------+//| Expert tick function |//+------------------------------------------------------------------+voidOnTick()
    {
  //--- we work only at the time of the birth of new bar
     staticdatetime prevtime=0;
     datetime time_0=iTime(0,m_symbol_one.Name(),InpTimeFrame);
     if(time_0==prevtime)
        return;
     prevtime=time_0;
  

  The InpTimeFrame variable corresponds to our Time frame input. This flexibility opens doors for the EA to operate on any timeframe you choose!

Here are the testing results for EURUSD: