Cherokee is a professional expert Advisor based on a trend tracking system with an adaptive algorithm.

Recommended broker for Cherokee

• 6 currency pairs;
• Does not use Martingale;
• Starting deposit from$300;
• No need to disconnect during the news;
• Works on 4 and 5 characters;
• A multilevel model of a quantum set.

• Currency pairs: EUR/USD, GBP/USD, EUR/CHF, USD/CHF, USD/CAD, USD/JPY;
• Shoulder: >200;
• Timeframe: M15;
• Trading Accounts: preferably ECN;
• To use Trailing Stop, trading on accounts with zero Stop Levels is strictly recommended.

• Start trading – enable / disable the Expert Advisor;
• Start trading for support orders-enable / disable opening of support orders;
• TakeProfit – the amount of profit for orders opened by the Expert Advisor (if the value is zero, ATR data is used);
• Slip – maximum allowable slip;
• MagicNumber – the unique number of open positions by the Expert Advisor.

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Settings for optimization

• Quantum algorithm level-selecting the level of the quantum model;
• Maximum support orders – maximum number of open support orders;
• LotExponent in support orders – exponent of the lot for orders support;
• Use smart distance between support orders – use the algorithm to automatically determine the minimum distance between support orders;
• Minimum distance between support orders – the minimum distance between support orders.

Risk management

• Lots – initial lot size. Activated if the Risk and DepoStep values are zero;
• Risk – % of the deposit balance by which the initial lot is increased. Activated if the value of Lots and DepoStep is zero;
• DepoStep-the step of the deposit amount, at which the initial lot is doubled. Activated if the Lots and Risk values are zero.
• Use Down TakeProfit-enable / disable the TakeProfit downgrade option;
• Order number Down TakeProfit – after which order to lower the TakeProfit;
• New TakeProfit – the new value of TakeProfit;
• Stop by equity-enable / disable the loss limit parameter according to the equity size;
• Value of equity – the amount of allowable equity losses, at which all orders previously opened by the Expert Advisor will be closed.

Trailing Stop

• Use Trailing Stop-enable / disable the Trailing Stop parameter;
• Fixed trailing size – the size of the Trailing Stop in points from the order opening price;
• The size of the correction Trailing Stop – the range of the price movement in points from Fixed trailing size to triggered Trailing Stop;
• The size of the correction Trailing Stop Level II – the range of the price movement in points from the Fixed trailing size to the triggering of the Trailing Stop Level 2.

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