Triangular Arbitrage
Triangular Arbitrage is an expert advisor (trading robot) for MetaTrader 4 from the Old Kings collection. It places pending orders, has a trading-hours filter and can size trades from your risk. It has 7 settings, for example Micro Broker (default TRUE), Dollar Target Amount (default 50.0) and Trade Time (default 1.0). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Triangular Arbitrage
Triangular Arbitrage is an expert advisor (trading robot) for MetaTrader 4. It places pending buy/sell stop or limit orders, trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 7 settings, such as Micro broker, Dollar target amount and Trade time. MQL source code included.
It also looks for price differences (arbitrage) and works on several symbols at once.
Files in the download: TriangularArbitrage(+ + -).mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Micro broker | TRUE | |
| Dollar target amount | 50.0 | |
| Trade time | 1.0 | |
| Lot size | 0.2 | Trade size in lots |
| Pair1 | GBPUSD | |
| Pair2 | EURGBP | |
| Pair3 | EURUSD |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Arbitrage · Pending Orders · Time Filter · Risk & Lot Size · Multi-Currency · MT4 Expert Advisor · MQL4 Source Code