Asteria Trend Forex EA | Official Price: 30,000 USD
Strategy Introduction: https://www.mql5.com/en/market/product/44088
Forex EA Name: Asteria Trend Forex EA. Asteria is fully automated and evolves with the development of the Expert Advisor. This EA will determine the primary trend and enter on pullbacks.
All orders will be protected by stop losses.
This EA is very user-friendly and can run on various currency pairs.
The strategy is medium to long-term with longer holding periods, targeting 1-2 trades per day.
Recommended currency pairs: EURUSD, GBPUSD, USDCHF, EURJPY, GBPCHF, CADJPY, GBPJPY, EURNZD, NZDJPY, and NZDCAD.
Timeframe: H1.
Please Note:
Default settings are for one currency pair. If running many currency pairs simultaneously, consider reducing the risk ratio.
Minimum deposit: $100.
Account type: Any.
Parameters:
Basic Settings ■ ShowPanel = false - Indicates not to display the information panel (improves backtesting speed). ■ Auto Setting = true - The EA will automatically select values for the MomentunMin and MomentunMax parameters. ■ MomentunMin = 20.0 - This factor will determine the limit for the momentum movement below for trading. ■ MomentunMax = 24.0 - This factor will determine the limit for accepting the momentum movement above for trading. ■ Risk/Reward = 2.0 - The risk/reward ratio for trading. ■ StopLossRate = 2.0 - This parameter will determine the stop loss distance for trades. ■ MaxSpread = 50 - The maximum spread for opening positions. ■ Slippage = 30 - Slippage. ■ Comment = AsteriaMT4 - Comment. ■ MagicNumber = 272727 - Magic number.
Money Management Settings ■ Use Money Management? = true - Indicates the EA uses money management. ■ RiskPercent = 3.0 - Average loss is 3% of the balance for losing trades. ■ Lots = 0.1 - Basic lot size (if using Money Management = false).
Trading Time Settings ■ TimeStart = 09:00 - Time to start trading. ■ TimeStop = 21:30 - Time to stop trading.
Break-Even Settings ■ BreakEven = false - Indicates not to use break-even. ■ BreakEvenStart = 0.5 - Break-even is activated when the profit reaches 50%. ■ BreakEvenPoint = 20 - Locking points.
Trailing Stop Settings ■ TrailingStop = false - Indicates not to use trailing stop. ■ TrailingStart = 0.75 - Trailing stop activates when the profit reaches 75%. ■ TrailingProfit = 100 - Represents the distance of 100 points between the current price and the stop loss. ■ TrailingStep = 20 - Represents the minimum distance of 20 points for the trailing stop.
