Starship EA

Starship EA is Plug & Play MT5 expert advisor based on powerful time range breakout edge, which brings outstanding steady results on USDJPY without using any grid or martingale systems.

Focus is on long term steady data driven performance, not quick account flipping.

  • Very minimal optimization ensures steady results on live markets and avoids curve fitting.
  • EA does not use TP. Exits are time based, closing trades at optimal hour when volatility decreasing at the end of the day.
  • EA is designed for standard brokers that uses GMT+2/3. It is the most common one, used by 90% of brokers worldwide.

Prop firm specific Functions:

  • Built in randomizer slightly offsets entries, exits and SL distances to ensure uniqueness for every user which is important for prop firms rules compliance.
  • Equity goal check allows you to automatically close all running trades and cancel all pending orders in predefined account target level, ideal for prop firm challenges, making sure you will not give back your profits and will send you notification/email to inform you about passing.
  • Daily drawdown protection allow you to define daily drawdown rule in % protecting you from accidental breach.

Important!

Be aware that EA trades and holds trades during news to take advantage of high volatility moves, so make sure your Prop firm account allows news trading, such as FTMO swing account and similar.

Symbol: USDJPY

Installation: Simply place Starship EA on any USDJPY timeframe, set Risk per trade and unique magic number. EA will start trading on next day.

Testing:

  • Testing was done on Every tick based on real ticks, with static risk of 1% of starting balance per trade (Fixed Money Amount).
  • EA operates on 1m candle open, so 1 minute OHLC testing is viable.
  • Set Risk per trade, EA can open max 2 trades per day.
  • Every test result will be slightly different, because of built in randomizer.
  • Custom OnTester result shows max equity drawdown from highest balance point. Important metric for Prop Firm drawdown limits.
Altri dall’autore
Simple spread update script for updating your backtesting data and getting them as close as possible to your broker trading spread. This step is often overlooked but very important to do if you want to have reliable backtests. Import downloaded data into your MT5 (e.g. dukascopy data), load specific period of ticks (usual time of your trading) and compare the provided spread with your broker at your trading time. To update the spread, load custom symbol to your market watch, open chart window a
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