Multi Arbitration EA: Two-Symbol Entry Rules and Bar Timing

Summary

This document describes revisions to a MetaTrader expert advisor called Multi Arbitration. It trades two currency pairs at once: the chart’s main symbol and a second symbol selected from a fixed list of 20 forex pairs. The revised entry rule adds a buy only below the lowest existing buy position, and a sell only above the highest existing sell position. This spaces additional positions as price moves against existing entries.

Key ideas

• The EA is designed to trade two forex symbols simultaneously, with the second chosen from a fixed currency-pair list.
• Additional buy positions require price to be below the lowest current buy entry.
• Additional sell positions require price to be above the highest current sell entry.
• The EA checks for a new bar on the main chart symbol using a configurable timeframe.
• The document mentions EURUSD testing but provides no results, so it offers no evidence of performance.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.