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Arbitrage Metatrader 4 Forex Robot

About the Arbitrage Expert Advisor

The Arbitrage Metatrader 4 Forex Robot is an algorithmic trading software that triggers a buy when the price is low and sells when the price is high.

The set of logic that supports the Arbitrage Metatrader 4 Forex Robot is grounded in a simple counter-trend strategy with all the resultant fears.

One of the major concerns is that when utilizing the Arbitrage forex robot to trade a single pair, the profit can come from rollbacks or trend reversals, and also from ranges and flats.

The Arbitrage expert advisor is optimized for all currency pairs and time frames.

Tweaking the default values within the inputs parameter and further testing will greatly enhance the indicator.

Free Download

Download the “ArbitrageReverse_1_1.mq4” MT4 robot

Key Features

Counter-Trend Logic

The EA uses a counter-trend approach, opening buy positions when prices dip and sell positions when prices rise, aiming to profit from reversals in the market.

Real-Time Market Monitoring

Constantly scans the market for trading opportunities, analyzing price movements to detect potential high-probability trades with minimal latency.

Customizable Settings

All parameters, including trade size, stop-loss, take-profit, and trading hours, are adjustable, giving traders full control over their risk management strategy.

Multi-Timeframe Compatibility

Operates on various timeframes such as M1, M5, M15, H1, H4, and daily charts, making it versatile for different trading strategies and preferences.

Automated Execution

The EA opens and closes trades automatically based on its internal algorithm, ensuring timely execution without manual intervention.

Strategy Tester Report

Find below the Arbitrage forex robot strategy tester report for the EUR/NZD forex pair on the 1-Hour chart.

Overall Performance

The EA made a total profit of $50006.34 from a total of 1824 trades.

The largest winning trade generated $390.43 in profits, while the largest losing trade generated a loss of $252.19.

Statistics:

Bars in test: 12888 ticks modelled

Initial deposit: $70000.00

Total net profit: $50006.34

Total trades: 1824

Largest profit trade: $390.43

Largest loss trade: -$252.19

Consecutive wins: 51

Consecutive losses: 1

How the EA Works

  • Monitors price movements to identify potential reversals.
  • Executes buy orders when the price is low and sell orders when the price is high.
  • Utilizes a counter-trend strategy to capitalize on market fluctuations.
  • Offers customizable parameters to suit individual trading preferences.

Download Now

Download the “ArbitrageReverse_1_1.ex4” Metatrader 4 robot

Parameters & Settings

  • Experts: Configures the EA’s trading behavior.
  • BeginPrice: Sets the initial price level for trade execution.
  • MagicNumber: Assigns a unique ID to trades for tracking.
  • LotSize: Determines trade volume.
  • StopLoss/TakeProfit: Adjustable risk management levels.

Recommended Trading Setup

  • Use on trending currency pairs such as EUR/USD, GBP/USD, or EUR/NZD.
  • Install on a VPS for 24/7 automated trading without interruptions.
  • Adjust lot size and risk settings according to your account balance and strategy.
  • Combine with other technical analysis tools for enhanced decision-making.
  • Monitor performance periodically and adjust parameters as needed for optimal results.

FAQ

1. How does the Arbitrage EA identify trades?

The EA scans the market for counter-trend opportunities, spotting moments when prices deviate from their usual range and executing trades to profit from reversals.

2. Can it run continuously without supervision?

Yes, the EA is fully automated and designed to monitor the market 24/7, placing trades as soon as its conditions are met.

3. Will it work on any currency pair?

While it can technically be applied to any pair, it performs best on pairs with clear trending and counter-trend opportunities, such as EUR/NZD, GBP/USD, or EUR/USD.

4. Are there adjustable risk settings?

Absolutely. Traders can customize lot sizes, stop-loss, take-profit levels, and the initial price for trade execution to match their preferred risk profile.

5. Is this EA suitable for beginners?

Yes. Even traders with minimal experience can use the EA effectively, as it handles all trade entries and exits automatically, requiring only basic setup.

Summary

The Arbitrage MetaTrader 4 Forex Robot is a dynamic tool for traders aiming to profit from short-term market fluctuations.

Using a counter-trend approach, it identifies price reversals and executes trades automatically, reducing the need for constant monitoring.

With fully customizable settings, it adapts to different currency pairs, timeframes, and risk profiles, making it suitable for both new and experienced traders.

This free EA simplifies trading, ensures timely trade execution, and provides a reliable way to capture opportunities in volatile and range-bound markets.

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