Free Black Courser Forex Robot
Strategy is based on candlestick analyzes and my experience of several years.
As you can see the following report of back-test, in the past few years, its performance is almost in perfect.
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 Setting
1. OpenDay
The EA will start trading from this day.
0=sun,1=mon,2=tue,3=wed,4=thu,5=fri,6=sat
2. OpenHour
The EA will start trading from this hour (24-hour clock).
3. Use_WeekClose_Function
If you wish to close all trades on Friday, you should set: Use_WeekClose_Function=true
4. 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)
7. Slippage
Maximum allowed slippage. I use 3.
8. Lots
The extent of the fixed trading volume.
Free version can not custom Lots . It is fixed 0.1.
9. 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.
10. 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.
11. 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 whenever you have any questions. ^^