Forex Star Premium

Forex Star Premium

$99.00 $59.00

Forex Star Premium is a trading robot that opens and closes positions based on signals from the support and resistance indicator.

Quick statistics

Forex Star Premium description

Forex Star Premium 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.

User Inputs

The product works both on 4 and 5-digit quotes. Specify values in points like for 5 decimal places in the input parameters, and it will automatically recalculate everything for 4 decimal places.

  • 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;
Drawdown

20-30%

Monthly gain

10-15%

Strategy type

Grid

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Quick statistics
Name Forex Star Premium
Type Swing Grid
Leverage 1:400 or higher
Time frame M15
Lot size Variable
Stop loss Yes
Trailing stop Yes
Min account size $3000
Indicators No
Currency pair EURUSD
Demo testing No
Projected annual profit 100%
Projected max DD 35%
To trade the Forex Star Premium you can open your free broker account by clicking the button.