Forex MT4 Correlation EA

Correlation EA 2024 v24.1 is an MT4 forex robot based on the correlation of currency pairs and their subsequent hedging, which should reduce the risks of possible losses. It is enough to install the EA only on one chart, and it can trade on 20 pairs at the same time (set in the settings). Correlation EA certainly deserves attention with its profitable trading and history tests.

Сharacteristics of the Hermes EA

• Platform: Metatrader4
• EA version: 24.1 updated for 1422+ build MT4
• Currency pairs: 20 pairs – EURUSD, USDJPY, GBPUSD, USDCHF, AUDUSD, USDCAD, EURCHF, EURGBP, EURJPY, EURCAD, EURAUD, GBPJPY, GBPCHF, GBPCAD, GBPAUD, AUDJPY, AUDCHF, AUDCAD, CHFJPY, CADJPY
• Trading Time: Around the clock
• Timeframe: H1
• Minimum deposit: $1000 (or 1000 USD cents)

How does it work?

Having installed the EA on the chart and observed its work, everything becomes clear – the correlation of the EA is to open a trades in two directions at once (Buy and Sell), with the subsequent increase of the lot using the Martingale method:

This, in my opinion, is a very primitive trading algorithm that will sooner or later ruin your deposit. But in order to prevent this from happening too quickly, the Expert Advisor fixes losses, not allowing the complete loss of the entire account capital, and this is certainly a plus. This trading strategy will work well and even bring profit in a weakly volatile market or in a prolonged sideways price movement. As soon as the price starts to break at least weekly minimums and maximums (not to mention gaps), losses will be incurred. In general, with this EA you need to keep your hand on the pulse and timely withdraw profits, thereby insuring your account.

Note that the videos you see blow. Most of these videos generated from the MT5 platform, its because the MT4 platform doesn’t support multi pair testing. So we can’t post MT4 version testing videos of this EA.