StarBot Demo

The StarBot Demo utility works with open Sell and Buy orders, partially closes profit when the specified level is passed. There are three levels for partially closing the Sell and Buy orders. The utility also transfers Stop Loss to breakeven when the specified level is passed. It works on all currency pairs and timeframes.

The demo version is limited to trading only on the EURUSD currency pair and with the initial lot limited to 0.04.

The full version can be purchased here: https://www.mql5.com/en/market/product/27160


Input Parameters:

  • Follow the orders - manage all orders, or select from Sell and Buy.
    • All.
    • Only Sell.
    • Only Buy.
  • The first close for Buy 1 - the first partial closure.
  • Distance - distance to trigger the first partial closure of Buy orders.
  • Lots for close - volume for partial closure.
  • The second close for Buy 2 - the second partial closure of Buy orders.
  • Distance - distance to trigger the second partial closure.
  • Lots for close - volume for partial closure.
  • The third close for Buy 3 - the third partial closure of Buy orders.
  • Distance - distance to trigger the third partial closure.
  • Lots for close - volume for partial closure.
  • The first close for Sell 1 - the first partial closure.
  • Distance - distance to trigger the first partial closure of Sell orders.
  • Lots for close - volume for partial closure.
  • The second close for Sell 2 - the second partial closure of Sell orders.
  • Distance - distance to trigger the second partial closure.
  • Lots for close - volume for partial closure.
  • The third close for Sell 3 - the third partial closure of Sell orders.
  • Distance - distance to trigger the third partial closure.
  • Lots for close - volume for partial closure.
  • Options for StopLoss - parameters for transferring positions to breakeven.
  • Use StopLoss - set Stop Loss?
    • Yes.
    • Only for orders with the initial lot.
    • For all orders greater than the initial lot.
    • No.
  • Lot Base - initial lot.
  • Size Profit - the number of points to transfer to breakeven.
  • Size StopLoss - breakeven level in points.
  • Enable messages from the EA? - enable notifications from the EA.
    • disable all.
    • print to journal.
    • output to dialog box.
  • Sound message - enable audio notifications.
    • Without signal.
    • alert.
    • alert2.
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Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
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