Forex Black Star Premium EA

This New EA Black Star Premium hybrid Expert Advisor is able to trade in fully automatic mode or manage orders opened by user!

  • In the auto mode, the EA finds the price consolidation areas. A position is opened once the price leaves such an area. If the position fails to be closed by a take profit and there was a crossing of the consolidation zone from the opposite side, the EA will open a locking position with an increased volume.

  • In the recovery mode, the user opens the first order using the EA’s panel, and it is managed exactly as in the automatic mode.

  • In the third grid mode, the user opens a position using the panel (pending orders can be opened as well), and the EA builds up a grid for exiting the position.

In automatic mode, the default settings for eurusd gbpusd usdcad m15 are recommended.

Below Example video on EUR/USD currency pair strategy tester:

Strategy tester full report on EUR/USD

Second Example video on USD/CAD currency pair strategy tester:

Strategy tester full report on USD/CAD

Real trading statistics:

Inputs Value

The product works both on 4 and 5-digit quotes. Specify values in points like for 5 decimal places in the input parameters, and it will automatically recalculate everything for 4 decimal places.

  • Choose Trade Option – select the trading method: autorecovery or grid;
  • NewCycle – when enabled, the EA works non-stop, otherwise, the EA does not open new orders after a series of trades is complete;
  • Start Lots – initial lot;
  • Autolot – enable/disable auto lot calculation;
  • Autolot size – amount of the deposit, for which to use Lot when Auto lot is enabled;
  • Lot Multiplier – lot multiplier for the second and subsequent orders;
  • Grid Mode Order – the number of the order at which the EA should switch from Auto mode to the Grid mode;
  • Max Lot – maximum acceptable lot;
  • MaxOrders – maximum allowable number of orders; if grid mode is enabled – number of orders per direction;
  • Distance – parameter for working in manual maintenance mode, defines the distance between orders;
  • Take Profit, points – take profit in points;
  • Orders for Take Profit2 – the number of the order starting from which Take Profit 2 shall apply;
  • Take Profit 2, points – the take profit to be applied for orders starting with Orders for Take Profit2;
  • Stop Loss – stop loss in the deposit currency;
  • Trail Start, points – profit in points to activate trailing stop;
  • Trail Distance, points – trailing stop distance;
  • Overlap Order – enable/disable covering the unprofitable orders by the last one in the grid mode;
  • Overlap order number – order, from which the coverage by the last order starts working;
  • Overlap percent – profit percentage for order coverage;
  • Start Time/Stop Time – the beginning and end of the time period for the EA to open the first order;
  • FontSize – setting the font size in the panel;
  • Magic – magic number for the Expert Advisor to identify its positions.

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Forex Black Star Premium EA