Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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Caribou EA MT5

caribou-ea-mt5-logo-200x200-2335
150.00 USD127.50 USD

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Information

Experts
MetaTrader 5
Sigit Hariyono
1.7
10

Overview

Caribou EA MT5 is a fully automated trading advisor that uses complex algorithm mainly based on Stochastic Oscillator and DeMarker indicator. This EA does not use hedging nor martingale, and it does use fixed stop loss and take profit. This forex robot works on all timeframes and all pairs, but it is recommended to use on USDCAD H1 timeframe.


Main Features:
  • No Hedging
  • No Grid.
  • No Averaging.
  • No Martingale.
 
Setting Parameters:  
  • Magic Number - EA identification number to identify trades dan must be different from other EA. 
  • Lot Size - Fixed lot size.
  • Auto Lots - true if you want to activate auto lot size calculation.
  • Auto Lots Risk - Risk calculation to calculate auto lot size. 
  • Stop Loss - Stop Loss.  
  • Take Profit - Take Profit. 
  • Trailing SL - Trailing Stop Loss.
  • Max Spread Allowed - If spread goes higher than this value, EA wont trade.   
  • Indicator Settings.
  • Start Time - Time to start trigger entry positions.
  • Stop Time - Time to stop trigger entry positions.
  • Weekdays - True if you want to open order in that day.

Recommendations:  
  • USDCAD H1. 
  • Zero spread ecn or raw spread account. 

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RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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