Cobra calculates price deviations from its average value trying to sell high during an uptrend and buy low during a downtrend. The product has flexible settings allowing it to work on any currency pair and timeframe easily.
- Only limit orders are used in the trading activity.
- The trading robot has user-friendly interface. The product's parameters are displayed on the screen. The Expert Advisor works with any broker. It has been tested on almost all currency pairs (EURUSD, GBPUSD, USDCAD, USDCHF, USDJPY and EURGBP).
- It is not affected much by slippage and connection losses, as it continues working with its orders after connection has been restored.
- The product can work simultaneously on several pairs together with other Expert Advisors.
- Recommended timeframes - М5 and М15.
- Lim_step - step between limit orders. This parameter should be increased 10 times for 5-digit dealing centers.
- Lim_setup - number of limit orders placed immediately.
- Op_step - step from the Moving Average to place an order. This parameter should be increased 10 times for 5-digit dealing centers.
- Period_MA - Moving Average period.
- Greed - profit multiplier. The greater the value, the larger the profit level.
- Risk - risk in percentage terms. If 0, the fixed lot specified in Lots parameter is used.
- Lots - lot.