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Free Black Courser Forex Robot

Strategy is based on candlestick analyzes and my experience of several years.

Check the report of back-test for the past few years to see the performance.

This EA not only close orders by stop loss and take profit, but also make the perfect adjustment rapidly in a short period in adverse circumstance.

  • It is Free!
  • Buying or Selling on dips
  • Orders are closed by stop loss and take profit or by some special signals(For example, sometimes it close the position by golden ratio)
  • It works with USDJPY M15
  • The EA works both with four and five decimal places
  • TP=70 pips
  • SL=60 pips
  • This EA doesn't use martingale and only one Position will be taken at one time.
  • Trade time is short (mostly ~12h)


Parameters

  • OpenDay - The EA will start trading from this day. 0=sun,1=mon,2=tue,3=wed,4=thu,5=fri,6=sat
  • OpenHour - The EA will start trading from this hour (24-hour clock).
  • Use_WeekClose_Function - If you wish to close all trades on Friday, you should set: Use_WeekClose_Function=true
  • ExitDay 5. ExitHour 6. ExitMinute (24-hour clock) - If Use_WeekClose_Function=true, please input to ExitDay and ExitHour and ExitMinute (day,hour,minute can be any time you want). Example: If you want to close all trades on Friday 21:01, you must input:
    • ExitDay=5(0=sun,1=mon,2=tue,3=wed,4=thu,5=fri,6=sat)
    • ExitHour=21
    • ExitMinute=1
    Important notice: Not all computer time equals to server time of your MT4. Please double check and adjust it yourself.
  • Slippage - Maximum allowed slippage. I use 3.
  • Lots - The extent of the fixed trading volume. Free version can not custom Lots. It is fixed 0.1.
  • MagicNumber - A unique identifier through which 「Black Courser Forex Robot」 recognizes and manages its own positions. If you use other EA on the same account, please ensure that each of them has a distinct unique identifier. Free version can not custom MagicNumber . It is fixed 99999.
  • TP - Take profit (pips). I use 70, because 70 is the best performance on back-test. This EA works both with four and five decimal places, so it will automatically recognizes with your MT4 is four decimal or five decimal and adjust it to 1=1PIPS. Example: TP=70. If profit overs 70Pips then trade will be closed.
  • SL - Stoploss (pips). I use 60, because 60 is the best performance on back-test. This EA works both with four and five decimal places, so it will automatically recognizes with your MT4 is four decimal or five decimal and adjust it to 1=1PIPS. Example: SL=60. If Loss overs 60 Pips then trade will be closed.

Please contact me whenever you have any questions.

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