A triangular arbitrage strategy exploits inefficiencies between three related currency pairs, placing offsetting transactions which cancel each other for a net profit. A deal involves three trades, exchanging the initial currency for a second, the second currency for a third, and the third currency for the initial. During the second trade, the arbitrageur locks in a zero-risk profit from the discrepancy that exists when the market cross exchange rate is not aligned with the implicit cross exchange rate. A profitable deal is only possible when a market inneficiency arises and execution times are small.
Timeframe is not a criteria as the trades are made based on prices. The pairs combinaton should be like
EURUSD, EURGBP, GBPUSD
CADCHF, CADJPY, CHF JPY
triangular_arbitrageEA.jpg
Try the EA in demo for a week or month for idea. It works well even if your broker gives less leverage as the DD will be low
Download the EA in the source forum.
Timeframe is not a criteria as the trades are made based on prices. The pairs combinaton should be like
EURUSD, EURGBP, GBPUSD
CADCHF, CADJPY, CHF JPY
triangular_arbitrageEA.jpg
Try the EA in demo for a week or month for idea. It works well even if your broker gives less leverage as the DD will be low
Download the EA in the source forum.