The Best Forex Correlation EA for Metatrader 4 was developed by a top-rated programmer that achieved a 9.6 ranking out of 10.
The Correlation expert advisor hedges open buy/sell positions to reduce the overall trading risk.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
The Best Forex Correlation EA trades currency pairs that are negatively correlated, for example EUR/USD and USD/CHF or EUR/GBP and GBP/USD.
This automatic correlation tool works with any broker and account type of your preference.
It works for trading accounts starting as little as $50.
Download the “Best_Correlation_EA_fixed.ex4” expert advisor
Find below the Correlation Forex Bot performance for a number of systems (click on the picture for full size view).
As can be seen from the report, the expert advisor made solid gains.
Download This Expert Advisor
Download the “Best_Correlation_EA_fixed.ex4” EA
Recommendations & Specifications
- Trading instruments: Any currency pair
- Time frames: Any time frame
- Minimum account balance: $50
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
The picture below shows the FX Correlation EA attached to the EUR/USD M15 chart.
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Magic number, lots
How to install and run the Forex Correlation EA?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Best_Correlation_EA_fixed.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Best Forex Correlation EA!