Magic Star MT5

Note: If you have any problems with the download, please contact us via Telegram or by email, and good luck with your financial transactions.
Telegram:https://t.me/masterytrader2013
Email:[email protected]

Our website assures that if you have purchased any resources from us within the past 6 months and are unable to use them due to updates in the MT4/MT5 versions, you can contact us at any time and provide your purchase proof. We will offer you equivalent resources free of charge on our website.

https://www.mql5.com/en/market/product/96548

Expert: Magic Star.ex5 V1.0 (Unlocked MT5 build 3578-3661)
28 Presets
Document: No Guide

MasteryTradeHub Reviews

The Magic Star EA has a low entry frequency for single currency pairs. If the so-called stop loss is enabled, this EA is likely to incur stable losses. It is an EA with a martingale-like strategy, but the developers try to conceal this fact. The EA can only add positions according to the conditions written in its internal code, with no flexibility. My belief is that an EA is just a tool, and with a proper strategy, any EA can be profitable. However, this does not include EAs like Magic Star, which lack any attention to detail. Such EAs are basically not qualified to be used as tools.

MQL5 Market Introduction

Magic Star is a completely automated trading robot that has been designed and created based on our best strategies in forex trading.

All trades are protected by stop loss. the EA uses one same stop-loss for all the trades in one circle so the risk is limited with a safe lot size.

The EA contains a special DrawDown control function.

Users can use a fixed lot or auto lot money management.

Some features:

• The EA has strategies for trading 28 currency pairs (AUDUSD,NZDUSD,NZDCAD,AUDCAD,USDCAD,EURCAD,AUDCHF,AUDNZD,GBPUSD,EURUSD,AUDJPY,CADCHF, …)
• The EA Contains a special drawdown control function

Info:

• Settings are on the comment section
• the EA should be run on M15 time frame charts
• use different MagicNumber for each chart

Settings:

• ChooseEA : there are 28 options ( AUDUSD,NZDUSD,NZDCAD,AUDCAD,USDCAD,EURCAD,AUDCHF,AUDNZD,GBPUSD,EURUSD,AUDJPY,CADCHF, … )
• StopLoss : stop loss per points
• TakeProfit : take profit per points
• MaximumSpread : maximum allowed spread before placing an order
• TradeComment :a comment that will be shown with each trade
• MagicNumber : it is a number that helps the EA to recognize its own orders
• MoneyManagementType : money management type. (FixedLot,AutoLot)
• FixedOrderSize : fixed order size for fixed lot money management
• IncreaseLotSizeEvery : if you choose auto lot money management the EA will increase the lot size based on this number