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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