Forex Star Premium Expert Advisor

Forex Star Premium Expert Advisor review:

Forex Star Premium Expert Advisor opens and closes positions based on signals from the support and resistance indicator – it trades simultaneously breakouts and rollbacks. It has the option to close positions by take profit and stop loss. When new signals appear the EA adds orders. When an opposite signal appears: if the order basket is in profit, then the EA closes it; if the basket is in loss, the robot opens opposite orders. The EA settings can be adjusted right from the chart. The EA also features the News Stop Trading system, which suspends trading during the news releases. Also, it is possible to close positions using the “close buy”, “close sell”, “close all” buttons from the chart.

Reccomend pairs – eurusd usdchf usdcad nzdusd audusd m15

Minimum deposit 100 usd

Reccomend settings is default

Test results:

Forex Star Premium Expert Advisor

Parameters:

  • Starts Lots – initial lot value;
  • Lot Multiplier – lot multiplier for the second and subsequent orders;
  • Max Lot – maximum acceptable lot;
  • Max. Locked Orders — maximum number of locking orders;
  • Grid Step – minimum distance between orders after the end of locking orders;
  • Take Profit, points – take profit in points;
  • Stop Loss, points – stop loss in points from the first order;
  • Trail Start, points – profit in points to activate trailing stop;
  • Trail Distance, points – trailing stop distance;
  • Overlap Order – enable/disable covering loss-making orders by the last one;
  • Overlap order number – order, from which the coverage by the last order starts working;
  • Overlap percent – profit percentage for order coverage;
  • Distance – distance to the level for the indicator signal to appear;
  • Start Time – the EA operation start time (server time), in which it is allowed to open deals;
  • Stop Time – the EA operation end time (server time), in which it is allowed to open deals;
  • Magic – magic number for the Expert Advisor to identify its positions;
  • NewCycle – when enabled, the EA works non-stop, otherwise, the EA does not open new orders after a series of trades (enable/disable);
  • Imp1DRAW, Imp2DRAW, Imp3DRAW – display news on the chart (enable/disable);
  • Pause before a high importance news – suspend the EA operation before important news in minutes;
  • Pause after a high importance news – suspend the EA operation after important news in minutes;
  • Pause before a medium importance news – suspend the EA operation before medium importance news in minutes;
  • Pause after a medium importance news – suspend the EA operation after medium importance news in minutes;
  • Pause before a low importance news – suspend the EA operation before low importance news in minutes;
  • Pause after a low importance news – suspend the EA operation after low importance news in minutes;

Download our other Free Forex Robots For Metatrader 4

Installation

Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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