Black Capal
The Expert Advisor strategy is based on the breakthrough of the current support/resistance levels (traders all over the world pay attention to these data; the levels are built solely using the terminal technical indicators). This is one of the few robots that works using the indicators only. Developing such a system can be quite a challenge but you do not have to understand all these complexities. Simply launch the robot on a chart. It will do the rest automatically.
General
- The EA works solely using the current support/resistance levels and never retreats from them. The EA operation can be easily analyzed and predicted.
- It uses protective stop orders at all times.
- The robot can be launched with the default parameters. No optimization is required.
- The robot has not been optimized which means that there has been no curve fitting.
Parameters
- Magic – EA’s stamp (identifier)
- OrderCmt – Order Comment
- TakeProfit – take profit in points
- StopLoss – distance to a stop order in points
- Slippage – maximum deviation from the requested price
- Spread – maximum allowed spread
- TrailingStop – enable trailing
- StepTrall – trailing step
- TrailStart – distance from the order, where trailing of stop orders is enabled
- MM – automated money management
- Lot size – lot size if the auto money management is disabled
- RiskPercent – auto money management risk
- StepPrice – for step price
- StepTime – for step time
Requirements
- Instant order execution – ECN
- Trouble-free connection to the server – VPS
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