Blue CARA
Fully-Automated Multi-Strategy Trading Solution Inspired by Smart Money Concepts
Inspired by the Smart Money Concept (ICT) and designed specifically for grid traders by a grid trader, Blue CARA MT4 (Comprehensive Algorithmic Responsive Advisor) is a next-generation multi-currency and multi-timeframe Expert Advisor. It leverages the well-known Inner Circle Trader's indicators and sophisticated trade setups that incorporate market structure and price action:
Fair Value Gap (FVG) (also known as Hidden Gap)
Break-of-Structure (BOS) and Change-of-Character (CHOCH)
Order Blocks (OB)
Grid & No-Grid Trading OptionsBlue CARA MT4 provides options for both grid and non-grid trading to cater to diverse trading preferences. Its unique features include:
Fully Automated and Adaptive: Many internal algorithms are automatically optimized based on the trading symbol and chart timeframe, adapting to the current market context regarding signal selection, risk management, entry policies, and take-profit levels. This allows the EA to operate autonomously 24/5.
Flexible Setup: Suitable for various trading styles including trend-following, counter-trend, breakout, market open sessions, and night scalping.
Advanced Position and Risk Management: Incorporates the GridRescue™ module and other well-researched features.
Institutional-Grade Logic: Addresses common issues associated with grid trading without requiring a premium price tag.
Quick Start Recommendations:
Minimum account balance: 1500(for1:500leverage)or3000 (for 1:200 leverage) per symbol. Consider using a cent account if necessary.
Starting lot size: 0.01
Symbols:
Precious Metals: XAUUSD
Forex: Major and minor currency pairs involving USD, EUR, GBP, AUD, CAD (avoid JPY, NZD, CHF, and exotic pairs)
Indices: GER40, NASDAQ100, SP500, etc.
Key Features:
Customizable Strategy Selection: Choose from four setups (FVG, BOS, CHOCH, OB).
One Chart for All: Trade multiple timeframes and symbols from a single chart.
Dynamic Trading Parameters: Continuously updated weekly to adapt to market trends and stochastic metrics.
Flexible Entry Methods: Breakout, reversal, or a combination of both.
Enhanced News Filter: Customize grid trading and exit policies for significant economic events like NFP, FOMC, and speeches.
Adaptive Grid Trading: With dynamic grid steps and lot multipliers, adjusted to accommodate market trends.
Exclusive GridRescue™ Module: Built-in to BlueAlgo’s products.
Trailing Loss Modes: Four modes applicable to initial orders or entire grid baskets.
And Much More...
With Blue CARA MT4, you won't have to:
Manage Multiple Charts: Avoid wasting computer resources and manual errors.
Struggle with Portfolio Optimization: Backtest multi-currency and multi-timeframe strategies in MT5 to assess portfolio performance before going live.
Deal with News Spikes: Handle scenarios like shallow retracements and low liquidity times.
Work with Static Grid Parameters: Adapt grid settings to current market conditions.
Backtest Without News Filtering: Ensure accurate backtesting by incorporating news filters.
Know More:t.me/JH113