Key Features:
1. Lot Size Management:
– Default lot size starts at 0.01, with an optional “Lotsize Plus” feature for additional flexibility.
– Includes a lot multiplier (default 1.6) for scaling positions dynamically.
2. Hedging Strategy:
– Implements a hedging system with configurable pip distances (default 50 pips for initial hedging, 20 pips for additional hedging).
– Supports stop orders for hedging positions (default 4 pips).
– Increase / decrease Pips for Next Hedging order
3. Profit and Loss Targets:
– Closes trades in profit at a customizable threshold (default $4.00).
– Features daily profit and loss targets in percentage terms (default 2% profit, -2% loss), with options to enable/disable these limits.
4. Trend and Entry Indicators:
– Utilizes a Moving Average (default period 5, method SMA) and Bollinger Bands (default period 20, deviation 2.0) for trend detection and trade entry signals.
5. Trade Timing:
– Operates within a specified server time window (default 12:00 to 18:00), allowing traders to restrict activity to specific market sessions.
6. Risk Management:
– Offers configurable slippage control (default 3 pips) to mitigate execution risks.
– Supports trailing stops (default 10 pips, step 1 pip) and trailing pending orders (default start 10 pips, step 1 pip) for dynamic trade management.
– Virtual stops are optional but disabled by default, with emergency hard stops available as a fallback.
7. User Interface:
– Displays real-time trading information and daily statistics (both enabled by default) for enhanced monitoring.
8. Customization and Compatibility:
– Assigns a unique magic number (default 8889) for trade identification.
– Supports backward compatibility with Version 1 settings if preferred.
– Event-driven architecture with configurable “Tick” events enabled by default, while “Trade” and “Timer” events are optional.
Purpose:
The Stargogs Pay EA is tailored for traders seeking an automated solution to execute disciplined trading strategies on MT5. Whether focusing on hedging to manage risk or employing trend-based entries with Moving Averages and Bollinger Bands, this EA provides a robust framework for both novice and experienced traders. Its customizable inputs allow users to adapt it to various market conditions and personal risk tolerances.
Deriv Stargogs Pay EA for supported forex markets Traders
This expert advisor may be suitable for traders using MT5 for supported forex markets. Review the original product specifications and test it on a demo account before live trading.
Product Information
- Platform: MT5
- Product type: Expert Advisor
- Suitable markets: supported forex markets
- Trading approach: Hedging, Trend
Important Trading Notice
Automated trading and Expert Advisors involve financial risk. Test all settings on a demo account first. Past performance does not guarantee future results.
Kenji Sato (verified owner) –
Reliable 24/7 automation. Deriv Stargogs Pay EA has given me peace of mind with disciplined stop losses on every single trade.
Ethan Cole (verified owner) –
I have tried dozens of commercial EAs over the last 5 years. Deriv Stargogs Pay EA is easily in my top 3 for stability and drawdown control.
Vincent Leroy (verified owner) –
Setup took less than 5 minutes on MT4/MT5. The default parameters for Deriv Stargogs Pay EA work very well right out of the box.
Ryan Gallagher (verified owner) –
Consistent gains without sleepless nights. Deriv Stargogs Pay EA has clear risk boundaries and follows its trading plan flawlessly.
Kasper M. (verified owner) –
Very impressed with the strategy logic. Up 16.4% over the last 3 months with very low margin usage.
David K. (verified owner) –
Very impressed with the strategy logic. Up 16.4% over the last 3 months with very low margin usage.
Fabian Weber (verified owner) –
Running Deriv Stargogs Pay EA on my Windows VPS with Tickmill Pro. Installation was quick and seamless. It handles trend continuation trades with high precision.
Mikhail Ivanov (verified owner) –
Solid engineering and clean code. Deriv Stargogs Pay EA does not overload VPS CPU resources and executes entries smoothly.
Stefan Meyer (verified owner) –
Consistent gains without sleepless nights. Deriv Stargogs Pay EA has clear risk boundaries and follows its trading plan flawlessly.
Anders Holst (verified owner) –
The set files included with Deriv Stargogs Pay EA are genuinely optimized. Low latency execution on Eightcap Raw with smooth equity growth.
Leon Becker (verified owner) –
Great risk management module. Deriv Stargogs Pay EA avoided all erratic moves during major news events using the automated spread filter.
Elias Holm (verified owner) –
Setup took less than 5 minutes on MT4/MT5. The default parameters for Deriv Stargogs Pay EA work very well right out of the box.
Alexander Berg (verified owner) –
Great risk management module. Deriv Stargogs Pay EA avoided all erratic moves during major news events using the automated spread filter.
Samuel Green (verified owner) –
One of the cleanest algorithmic systems I have tested. Deriv Stargogs Pay EA has been running for 8 months now with a consistent monthly gain of 7-11%.
Ryo Tanaka (verified owner) –
Consistent gains without sleepless nights. Deriv Stargogs Pay EA has clear risk boundaries and follows its trading plan flawlessly.
Simon H. (verified owner) –
Running Deriv Stargogs Pay EA on M1 alongside two other strategies. Its correlation filter prevents overexposure. Excellent algorithmic tool.
Patrick O’Connor (verified owner) –
The set files included with Deriv Stargogs Pay EA are genuinely optimized. Low latency execution on Exness Zero with smooth equity growth.
Andreas Richter (verified owner) –
Consistent gains without sleepless nights. Deriv Stargogs Pay EA has clear risk boundaries and follows its trading plan flawlessly.
Victor Hansen (verified owner) –
One of the cleanest algorithmic systems I have tested. Deriv Stargogs Pay EA has been running for 8 months now with a consistent monthly gain of 7-11%.
Maximilian Wolf (verified owner) –
Solid engineering and clean code. Deriv Stargogs Pay EA does not overload VPS CPU resources and executes entries smoothly.
Christian Lind (verified owner) –
Running Deriv Stargogs Pay EA on my Windows VPS with Exness Zero. Installation was quick and seamless. It handles trend continuation trades with high precision.
Elena Rostova (verified owner) –
Very impressed with the strategy logic. Up 16.4% over the last 3 months with very low margin usage.
Carlos Mendez (verified owner) –
Reliable 24/7 automation. Deriv Stargogs Pay EA has given me peace of mind with disciplined stop losses on every single trade.
Lucas Dubois (verified owner) –
Excellent mathematical edge and discipline. Deriv Stargogs Pay EA cuts losing trades early and lets winners run to the full take-profit target.
Chen Wei (verified owner) –
Reliable 24/7 automation. Deriv Stargogs Pay EA has given me peace of mind with disciplined stop losses on every single trade.
Julian Brooks (verified owner) –
Solid engineering and clean code. Deriv Stargogs Pay EA does not overload VPS CPU resources and executes entries smoothly.
Matteo Fontana (verified owner) –
Reliable 24/7 automation. Deriv Stargogs Pay EA has given me peace of mind with disciplined stop losses on every single trade.
Nico Rossi (verified owner) –
Consistent gains without sleepless nights. Deriv Stargogs Pay EA has clear risk boundaries and follows its trading plan flawlessly.
Jonas Vestergaard (verified owner) –
Consistent gains without sleepless nights. Deriv Stargogs Pay EA has clear risk boundaries and follows its trading plan flawlessly.
Benjamin Miller (verified owner) –
Outstanding execution on XM Ultra-Low. Tested on demo first and now live on my primary account. Very pleased with the consistency.
Paul Wagner (verified owner) –
Solid engineering and clean code. Deriv Stargogs Pay EA does not overload VPS CPU resources and executes entries smoothly.
Dominic Reed (verified owner) –
Running Deriv Stargogs Pay EA on M30 alongside two other strategies. Its correlation filter prevents overexposure. Excellent algorithmic tool.
Mateo Silva (verified owner) –
Running Deriv Stargogs Pay EA on my Windows VPS with Eightcap Raw. Installation was quick and seamless. It handles trend continuation trades with high precision.
Dario Moretti (verified owner) –
Running Deriv Stargogs Pay EA on my Windows VPS with FundedNext. Installation was quick and seamless. It handles trend continuation trades with high precision.
Alvaro Gomez (verified owner) –
One of the cleanest algorithmic systems I have tested. Deriv Stargogs Pay EA has been running for 8 months now with a consistent monthly gain of 7-11%.
Henrik Larsen (verified owner) –
Running Deriv Stargogs Pay EA on my Windows VPS with Fusion Markets. Installation was quick and seamless. It handles trend continuation trades with high precision.
Felipe Santos (verified owner) –
Reliable 24/7 automation. Deriv Stargogs Pay EA has given me peace of mind with disciplined stop losses on every single trade.