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Big Black Cat EA MT5

The Big Black Cat EA MT5 is a fully automatic Expert Advisor optimized for trading the EURUSD pair. The EA increases positions while a trend intensifies. TakeProfit and StopLoss are calculated and set by the robot for each position based on the price behavior within the last month. Positions are closed either after reaching TakeProfit, or by StopLoss, or after an opposite signal appears. The maximum allowed number of simultaneously opened Buy or Sell positions is set by the Max_Positions input parameter. The lot size is set by the Lot_Size parameter. The EA uses no martingale, nor hedging and needs neither setting, nor optimization. It shows the best results in EURUSD with the M10 timeframe.


Features

  • Ready to go without any particular setup.
  • Scales positions as the trend becomes stronger.
  • TakeProfit and StopLoss are calculated and placed for each position automatically.
  • Maximum number of positions opened simultaneously should be based on your deposit.
  • Account type - any.
  • The best results are achieved on EURUSD M15.


Advantages

  • No Martingale.
  • No Hedging.
  • Easy to use - no complicated settings.


Parameters

  • Trade - trading settings.
  • Max_Positions - maximum number of Buy or Sell positions opened simultaneously.
  • Lot_Size - single lot size. Suitable value is 0.1 at a deposit of $2000 and maximum allowed number of orders limited to 50.


Requirements

  • Recommended pair: EURUSD.
  • Timeframe: M15.
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Version 2.0 - 2016.10.20
Changed the operation algorithm of the trend analyzer.