Black Max

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