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Stellar MT4 - An automatic scalper that uses an effective price behavior analyzer, based on which a decision is made to enter a position. As protective mechanisms, re-entry attempts are used, closing on a whole range of protective mechanisms, such as closing on profit, equity trailing and others, giving the maximum possible return. Or closing on the least painless positions for equity in case of an unsuccessful entry.
The following methods are not used in the Expert Advisor:
- martingale, averaging or other aggressive methods 100% leading to deposit drain- adjustment and optimization, which is a confirmation of its reliability, stability and stress resistance for various market periods- stop-losses that kill your profit
Requirements:
Trading pairs
EURUSD
Timeframe
M1
Minimum deposit
recommended from 200$
Brokers
ECN, others with low spread (Spread sensitive) Peculiarities:
- Fully automatic- Does not use martingale, stop losses, other methods that lead to a loss- Does not need optimization.- Tested on real Dukascopy ticks for the period 2010-2023.
Settings:
VISUALIZATION - EA visualization settings1.1 Info panel On/Off - true - enable info panel, false - disable1.2 Color text No. 1 - Setting the text color of the panel1.3 Color text No. 2 - Setting the text color of the panel1.4 Color text profit - Setting the text color of the panel for profit1.5 Color text loss - Setting the text color of the panel at a loss1.6 Color details №1 - Color settings for elements in the panel1.7 Color details №2 - Color settings for elements in the panel
SETTING TRADES - Expert Advisor settings
2.1 Magic number - Unique ID of the adviser2.2 Max slippage - Maximum slippage2.3 Volume - Lot size2.4 Auto lot On/Off - true - on, false - auto lot off (when off, trading is carried out with a fixed lot)2.5 Calc. #1 - 1st parameter to be calculated when entering a position2.6 Calc. #2 - 2nd parameter to be calculated when entering a position
CLOSING POSITIONS - Settings for closing positions3.1 Tral equity On/Off - true - enable, false - disable equity trailing3.2 Variable for equity №1 - 1st parameter for activating equity trailing3.3 Variable for equity №2 - 2nd parameter for activating equity trailing3.4 Profit closing On/Off - true - enable, false - disable closing by profit3.5 Profit at closing - Parameter for closing orders at profit (if there are orders of both types buy, sell)3.6 Trailing orders stop On/Off - true - enable, false - disable trailing equity3.7 Trailing stop size - Parameter for closing
TIME FILTER - Time limit settings
4.1 Time filter On/Off - true - on, false - turn off the time limit filter4.2 Time start trade - Hour to start entering a position4.3 Time stop trade - Hour of completion of entering a position
Important:
The results of the adviser's work strongly depend on the quality of services provided by brokers. To get the declared results, you must use ECN accounts, or other accounts with the smallest spread. The algorithm does not need optimization, but all the parameters necessary for this are present in it.