Aster
- Experts
- Ervand Oganesyan
- Version: 1.1
- Activations: 10
An expert advisor for trading EURCHF
Signal: https://www.mql5.com/en/signals/2223466
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Features
- Instrument: EURCHF
- Timeframe: M5
- Any broker, any account type
- Trade frequency: about 2 trades per week
- One trade at a time only
- Equal stop loss and take profit for each trade
- Dynamic lot calculation, min and max allowed lot size are user-defined
- Initial deposit of 100-150 usd
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Set up
- Launch the bot on M5 EURCHF, set unique magic number
- Set initial lot size ("Risk settings" -> "Min" input)
- Set max allowed lot size using "Risk settings" -> "Max, multiples of min" input. Set it to "1" for potentially high profits with low controllable drawdowns. Use higher values if moderate steady growth with fast recovery is more comfortable for you.
- Set max allowed spread value. Default settings will prevent trading on wide night or news spreads.
- Make sure time zone settings are correct, the defaults are valid for most brokers
- The rest of the settings can be left at their defaults, the EA is ready to trade
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Backtesting
- The EA trades on candle closure and may be tested with "Open prices only" mode on M5.
- If "Every tick" mode is used, timeframe does not matter, the results will be identical.
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Tester or live performance in the past does not guarantee any profitability in the future. Risk settings should not be based on backtests. Low risk trading is potentially more profitable in a long-term perspective. EA default risk settings are fairly low and should not be increased too much
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Send a private message for any questions on EA work, installation and settings.
I been using Aster, Magenta and Force in MT5 more than a month, and Aster is loosing most of the time, im using real RAW accounts in different brokers, for now ill not recomend, neither Force, Magenta is the only EA that is working good. I backtested different year for each EA and to be honest only now is loosing (after the publishing) then i dont know if are very overfited.