Super Chameleon is a high probability Automated trading system This EA uses a unique trading system that combines sophisticated automated trading with user discretion. Super Chameleon is one most advanced trading systems.
Super Chameleon works based on a mix of Trend Following and Counter Trend system.All Trades are covered StopLoss and TakeProfit Ratio. It analyzes the market without using obsolete indicators and patterns, a simple algorithm, decides the inputs and the direction of the order.Only need simple settings, modify the trading Lots can be used.
Before you buy a Super Chameleon please be aware of the risks involved:
1) Past performance is no guarantee of future profitability (the EA could also make losses).
2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading.
3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected news or flash crashes. This strategy will always use a stop loss,
but still execution of the SL depends on your broker.