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Forever Star

5

Forever star EA is a night scalp different from New Way Scalper, which is a supplement to New Way Scalper and can work together to achieve better results.   Star EA is used in 15M or H1, and can trade 15 currency pairs or even more. Everyone can freely build the best combination in their mind. Forever star EA is easy to use and can trade multiple currency pairs using only one chart. All parameters are already built-in, and you only need to change the currency pair and Lot. EA uses strict stop-loss measures to limit the potential loss of each transaction, ensuring the effectiveness of risk management.

If you have any questions about EA settings, you can discuss it here: Click here to join the public discussion group.

Real-time signal 1:   https://www.mql5.com/zh/signals/2234257 , (0.01Lot, Forever star EA )

Real-time signal 2:   https://www.mql5.com/en/signals/2248137 

Download parameter document: Onechart Set File .

Historical backtest: Backtest from 2020.1.1 to 2024.7.10

All currency pair parameters are already built-in. When loading the EA, please pay attention to the information on the panel, which already includes precautions, suitable foreign exchange varieties, Lot position suggestions, etc.

EA contains 2 ways to open orders. Due to the built-in two order opening modes, in some cases, 2 orders close to a certain price can be held. This is normal, don't worry. Each order comes with a stop loss. There are an average of 250 transactions per currency pair per year, and the order holding time is about 4 hours.Due to the more stable performance of the second strategy, the Lot of the second strategy can be adjusted to twice that of the first strategy. EA's development strategy is to allocate a higher Lot to the more stable strategy to achieve more balanced growth. The default parameter for the second strategy is the same as the Lot of the first strategy.There is no dangerous way to lose all the principal, such as Martin and Grid. Martin and Grid can grow linearly for a certain period of time, and then quickly explode. All key parameters are already built in. Simple setup, easy to use, the user only needs to adjust the lot.

We see a lot of EAs in the market that use AI for overfitting. Testing looks good, but the real market is losing money. That is not what we want.   Honest EA always grows in twists and turns. The straight upward curve does not exist here. You need to accept some retracement. Retracement is the inevitable journey to the result of profit.


application

  • Cycle: H1 (or 15M, two cycles to call data)
  • Instruments: Recommended: EURUSD; GBPUSD; USDCHF; USDCAD; EURGBP; CHFJPY; AUDSGD; USDSGD; EURAUD; EURSGD; etc.
  • Minimum deposit: $70, high risk. Recommended medium risk is 0.01 lot per $100. Low risk recommendation: 0.01 lot per $150. Risk warning: Do not trade with heavy positions.
  • Account: ECN / RaW / STP, (Tickmill   Raw Spread Account   , ICmarkets original spread account, ZERO original spread account, Doo ECN account, etc.)
  • Recommended Broker: IC Markets. Note: Make sure you use a GMT2/3 exchange broker. The built-in time parameters default to this time zone.
  • It is recommended to use a VPS.
  • It can be used on both direct and indirect currency pairs. It is recommended to allow trading on Friday night.
  • When using the onechart function to trade multiple currency pairs on a chart, please right-click the currency pair quote position on the left side of the MT software, and then select Show All Currency Pairs. (If you are going to trade 13 currency pairs, but do not display the market quotes of all 13 currency pairs in the currency pair quote position, you will receive a warning that the indicator cannot be loaded!)

Say no to piracy: Do not try and make mistakes with your own money. EA contains algorithms to detect all fake versions. All subsequent activations will not work properly, be careful.

Reviews 2
Pui On Kuan
143
Pui On Kuan 2024.09.24 08:24 
 

Stable profit with low risk. The author is very patient.

JCJ
796
JCJ 2024.07.24 04:35 
 

Back tests match live performance, author is friendly and responsive. EA has excellent potential and works well.

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Breakout trading is a very old method. It was born when the derivatives market was born. This method was very effective in the early market, but now with more and more false breakouts, this old method has lost its charm. However, even so, breakout trading is still an effective way to make money. It is just that it is no longer widely applicable to all varieties, but is more suitable for investment varieties with violent fluctuations and obvious trends such as gold. I have been using breakouts to
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Pui On Kuan
143
Pui On Kuan 2024.09.24 08:24 
 

Stable profit with low risk. The author is very patient.

JCJ
796
JCJ 2024.07.24 04:35 
 

Back tests match live performance, author is friendly and responsive. EA has excellent potential and works well.

Reply to review
Version 5.0 2024.09.08
1. Increase support for EXNESS forex brokers
2. Based on the time of IC, theoretically supporting all forex brokers by adjusting the time difference
3. All forex brokers such as IC, XM, Doo, etc. that can automatically switch between GMT2 and GMT3 time zones do not need to change default parameters, and it is recommended to use these brokers during backtesting
4. For brokers who need to adjust the time difference, please run the new version on the demo account first
Version 4.5 2024.07.31
Modify default stop loss parameters to accommodate sudden 300 spread in CHFJPY
Version 4.0 2024.07.23
1.EA重新命名
2.修改内部信息、算法
Version 3.5 2024.07.22
1. Modify the EA name according to official suggestions
2. By default, the onechart function is not used, and 13 currency pairs require the use of 13 chart charts
Version 3.0 2024.07.17
1. Modify the work to prevent cracking of information.
2. Please use version 3.0 and do not modify the last line of information.