ICB – EA trades instruments with high correlation

ICB – EA trades instruments with high correlation

ICB (Insured Currency Basket) EA trades instruments with a high correlation. At the same time, he ensures (hedges) each transaction at the expense of another instrument. The principle of insurance is that we buy on one instrument and sell on the opposite one. Since pairs with a positive correlation always follow the same direction, the EA cannot take a big loss in total. This way of trading ensures transactions and therefore stop loss is not needed here!

Attention!!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts!!! At least at the time of this article’s publication. Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel:

Developer price 500 USD FREE for you
Terminal MT4
Currency pair Any, but definitely! All instruments in the basket must have a positive correlation!
Timeframe M5
Money management At least 100 currency units

Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you cannot afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lot size. You can always increase risk later!

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RISK WARNING: TRADING LEVERAGED PRODUCTS LIKE FOREX AND DERIVATIVES MIGHT NOT BE SUITABLE FOR ALL INVESTORS AS THEY CARRY A HIGH DEGREE OF RISK TO YOUR CAPITAL. PLEASE MAKE SURE THAT YOU FULLY UNDERSTAND THE RISKS INVOLVED, TAKING INTO CONSIDERATION YOUR INVESTMENT OBJECTIVES AND LEVEL OF EXPERIENCE, BEFORE TRADING, AND IF NECESSARY, SEEK INDEPENDENT ADVICE.