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netsrac correlation trader (NCT) is a very powerful tool to trade positive and negative correlated
currency pairs with hedged orders.
NCT is doing many things for you:
1) It looks for positive and negative correlated pairs
2) It shows you a signal, if the correlated pairs are not in balance
3)
It can “autotrade” some or all correlated pairs with your setting of time frames and signal-values (handle with care)
4) It can set the correct lot size to have pip value and daily range based optimal hedge trades
5) It can be your
single tool to support your discretionary trading of correlations
You can use any time frame for the signal of the ea. Small time frames require more manual intervention than larger ones. The time frames from
M30 are more suitable for automatic trading. I will gradually add more features that support both manual and automatic trading.
If you have some questions or suggestions – please feel free to contact me.
Please note. This is the free demo-Version of the Netsrac Correlation Trader, which can be found here (https://www.mql5.com/de/market/product/38813).
Use this DEMO to get a feeling for options and handling of this powerful EA.
This DEMO runs 10 Minutes with only 2 asset-correlations.
Watch Video#1
(first start)
Watch Video#2
(how to operate the dashboard)
Watch Video#3
(trade handling)
Watch Video#4
(how the signal is generated)
Watch Video#5
(the scoring system)
Watch Video#6 (new in version 3)
A short explanation of basic concepts of this EA can be found here: https://www.mql5.com/en/blogs/post/726798
A
short explanation of the settings and setfiles can be found
here: https://www.mql5.com/en/blogs/post/726866
Attention: If you do not know what a correlation is, you should not use the EA. This is a tool, not a holy grail!
