DuettoFX
Pair/spread trading EA · Correlated currency pairs · 25,000+ pips/25mo tracked · 1H · MT4
About DuettoFX
DuettoFX, documented at forex-shop.com and missionforex.com, is a trading system for MetaTrader 4 based on pair trading (spread trading) — a strategy that compares two currency pairs which are directly or inversely correlated, then signals when to go long one and short the other. This approach, common in stock trading, has been ported specifically for forex use.
DuettoFX tells the trader when to enter and exit trades, and precisely how many lots to use for each pair to maintain a "balanced" spread — with lot calculations based on the average daily range of each instrument. A tracked performance record showed the system generating more than 25,000 pips over 25 months using 5 "duettos" (correlated cross-pairs) that were inversely correlated with each other. Default settings are calibrated for 1H charts, though the system can be applied to any timeframe.
- Platform: MetaTrader 4
- Strategy: Pair/spread trading — correlated currency pair long/short
- Lot calculation: Based on average daily range for spread balance
- Tracked performance: 25,000+ pips over 25 months (5 duettos)
- Default timeframe: 1H (works on any)
- Source: forex-shop.com · DuettoFX