Black Star Premium

The 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.

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: auto, recovery 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.