Black Cat Expert Version: 1.0
"This upgraded iteration generates substantial returns on your investment."
Expert with martingale strategy, to experiment.
A profit trade offsets a loss trade.
An example:
Cent-Account, 35 USD are then 3500 USD.
Account: USD and 1: 400
EA setting: Cat_type Normal, Variant 1, BaseLot 0.1
If the case occurs with two loss trades in a row, the loss is about 3000 USD.
Technical specifications
Underlying: EURUSD - M15
Digit: 5 digit broker recommended
Average spread: 1.6 pips, for Cat_type Risk lower recommended
Frequency: average 130 times a year
Stoploss: Normal and Risk = 65 pips, More secure = 90 pips
Profit sharing: Normal and More secure = 1,5 pips, Risk = 1,9 pips
Backtest
See screenshot. Based on tick data.
Input
The settings for the EA are:
Magicnumber - sets the order belonging to this EA; per chart with an EA another magic number
BaseLot - lot size for the order
Ordercomment - comment for the order
MaxSpread - in pips, maximum spread for trade
Cat_type - trade setting of the EA: Normal, More secured, Risk, double Risk or Custom
Indicators_variant - Two indicator settings are supported. Variant 1 less trades and less lost trades versus variant 2.
For Cat_type Custom following entries are possible:
TakeProfit - fixed take profit in pips
StopLoss - solid stop in pips
UseExitMinimumPips - EA closes order after set pips