Introduction To Blac Ultra BU4 EA V3.8
The Blac Ultra BU4 EA V3.8 is a cutting-edge trading robot designed for the MetaTrader 4 platform. This expert advisor (EA) is engineered to capitalize on market trends, particularly during periods of high volatility. Let’s explore the key features, advantages, and recommended usage of this powerful tool.
Key Features
- Advanced Internal Architecture: The EA operates using pending orders and relies on Trailing Stop mechanisms to manage entry and exit positions. This ensures that trades are executed at optimal points, maximizing potential profits.
- Dynamic Stop-Loss and Take-Profit Settings: These settings can be configured separately for both real and pending orders, offering traders greater flexibility in their strategies.
- Virtual Stop-Losses and Take-Profits: The EA supports virtual stop-losses and take-profits, allowing traders to hide their exit points from brokers and potentially avoid stop-hunting.
- Trailing Stop Support: Works seamlessly with both real and pending orders, ensuring that trades are protected as the market moves in the trader’s favor.
- Flexible Parameters: Allows separate configuration of stop-loss and take-profit for different order types, making it adaptable to various trading strategies.
- High Adaptability: Compatible with any currency pair, timeframe, and broker, making it a versatile tool for traders worldwide.
- Ease of Testing: Optimized for backtesting with all ticks and adjustable spreads, allowing traders to fine-tune their strategies before going live.
- Versatility: Suitable for both beginners and experienced traders, helping to maximize profits during market volatility.
Recommended Usage
- Trade Liquid Currency Pairs: For optimal results, it is recommended to trade liquid currency pairs, as they tend to have lower spreads and higher volatility.
- Use VPS for Stable Performance: To ensure stable performance and reduced latency, it is advisable to use a Virtual Private Server (VPS).
- Minimum Deposit: The minimum deposit required to start trading with this EA is $1,000 with a lot size of 0.01.
- Supports Netting and Hedging Account Types: The EA is compatible with both netting and hedging account types, providing flexibility for different trading styles.
Key Parameters
- Magic: Unique identifier for the expert advisor.
- Lot: Fixed lot size.
- Risk: Automatically adjusts the lot size based on the deposit amount.
- LimitTrades: Maximum number of orders in a series.
- GridStep: Minimum grid step.
- RealStopLoss: Stop-loss for real orders.
- RealTakeProfit: Take-profit for real orders.
- VirtStopLoss: Virtual stop-loss.
- VirtTakeProfit: Virtual take-profit.
- RealTrailingStart: Trailing start for real orders.
- RealTrailingStop: Trailing stop for real orders.
- PendingTrailingOn: Activates trailing for pending orders.
- PendingTrailingStart: Trailing start for pending orders.
- PendingTrailingStopLoss: Stop-loss for pending orders.
- PendingTrailingTakeProfit: Take-profit for pending orders.
- LevelStart: Starting level for pending orders.
- TypeFilling: Order filling type (select based on your broker).
Conclusion
The Blac Ultra BU4 EA V3.8 is a powerful tool for automated trading, specifically designed to capture significant price movements. Whether you are a novice or an experienced trader, this bot will help you stay ahead in the ever-changing Forex market and make the most out of its volatility.
