Chameleon One of the best expert advisor

Chameleon 2008 has been our first flagship product. It is a one-of-a-kind EA. Without a doubt this is the most versatile EA available on the market. We named it Chameleon because of its ability to adapt and trade multiple strategies. If you buy one EA this should be the one. Why? Because it can trade Grid Strategies, Hedging Strategies, Martingale Strategies, Reverse Martingale Strategies, Trend Following strategies, Range bound Strategies, Correlation strategies, and it can merge all the strategies together.

If you are a discretionary trader it can be used as a tool to make you more profitable then you currently are. When you purchase Chameleon 2008 you will be getting the power of Stork Pro, Mole Pro, and Tokyo Express. However, this logic can be turned off or on.

Chameleon 2008 Features

• Seperate Long & Short Inputs

  Because many currency pairs move up differently than they do down, it is more profitable to trade long positions differently than short ones. This feature allows the user to trade them differently. Seperate inputs are provided for both long and short trades.

• Close Positions On Reversal

  This feature allows the user to lock in profits in the event of a reversal, by closing all positions. Is very useful to discretionary traders also.

• Hedging

  A hedging strategy that can be turned off and on. This helps smooth out the equity curve and increases profits. This feature can be traded by itself independent of the main logic or combined with the main logic. This feature can be used to average in to positions also. For more details, see the corresponding strategy report.

• Multiple Trade Management

  Another feature included in our Pro Series is Multiple Trade Management. Most EA's place and monitor only one trade at a time. Our Pro Series EA's can place more trades as the market moves in your favor. This feature makes large market moves extremely profitable compared to only having one trade on at a time.

• Dynamic Trailing Stop

  Unlike traditional trailing stops, our Dynamic Trailing Stop starts out trailing at a distance and as the market slows down the stop gets tighter and tighter locking in profits. This feature helps catch more of a move in the market.

• Filters

  Filters allow the user to help filter out bad trades and control when to stop adding trades if you are placing multiple trades. Also comes with breakout filters.

• Equity Management

  Also included with Pro Series, these include the ability to track profits of all open positions and close all of them when they reach a combined profit or loss. These also allow you to trail by account profit.

• Money Management

  This feature automatically chooses the lot size for each order placed. It calculates it by using the risk factor input the user has chosen. It can be turned off or on.

• Recommended Settings

  It comes with recommended settings for each currency pair. Take a look at the strategy reports below.