GoldenStar MT5
- Experts
- 버전: 1.0
- 활성화: 5
GoldenStar MT5 — Automated Grid Trading Advisor
A fully automated trading robot based on a grid strategy with averaging. Entry direction is determined by a proprietary trend indicator. The advisor includes a control panel, spread monitor, and drawdown reduction algorithm.
HOW IT WORKS
The advisor uses a proprietary indicator to determine price direction:
-
Upward signal — a buy position is opened.
-
Downward signal — a sell position is opened.
After the first order is opened, the advisor builds a grid:
-
The first order is opened with the initial lot.
-
If price moves against the position by a specified distance, the next order is opened.
-
The lot of each subsequent order is multiplied by a coefficient (martingale).
-
The distance between orders can increase as the series grows (dynamic mode).
Positions are closed based on one of the following conditions:
-
Take Profit (adjustable via the panel).
-
Stop Loss.
-
Trailing stop (adjustable via the panel).
-
Reverse trend signal.
-
Reduction algorithm — closes the first and last orders of the series to reduce risk.
-
Manually via the control panel.
PARAMETERS
Main Settings
| Parameter | Default | Description |
|---|---|---|
| Open new series | true | Allow opening of new series |
| Trade Buy | true | Allow buys |
| Trade Sell | true | Allow sells |
| Support manual orders | false | Allow manual order opening |
| Use hedge | true | Use hedging |
| Max Orders | 10 | Maximum number of orders in the grid |
| Order Comment | GoldenStar | Comment for all trades |
Money Management
| Parameter | Default | Description |
|---|---|---|
| Start lots | 0.01 | Initial lot |
| Use Money Management | false | Automatic lot calculation |
| Autolot | 1000 | Free margin per 0.01 lot |
| Lot Multiplier | 1.5 | Lot multiplier (martingale) |
| Max Lot | 5 | Maximum lot |
Risk Management
| Parameter | Default | Description |
|---|---|---|
| TP | 100 | Take profit in points (editable on the panel) |
| SL | 0 | Stop loss in points (0 — disabled) |
| Trail Start | 0 | Trailing activation in points (0 — disabled) |
| Trail Step | 100 | Trailing step in points |
| Max Spread | 0 | Maximum spread (0 — disabled) |
Grid Settings
| Parameter | Default | Description |
|---|---|---|
| Fix Distance | 200 | Fixed distance between orders |
| Order dynamic distance | 6 | Number of orders before dynamic distance |
| Dynamic distance start | 200 | Initial distance for dynamic mode |
| Distance multiplier | 1.2 | Dynamic distance multiplier |
Reduction Algorithm
| Parameter | Default | Description |
|---|---|---|
| DD Reduction Algorithm | true | Enable drawdown protection algorithm |
| Number order for DD Reduction | 6 | Minimum number of orders to activate |
| Percent profit for DD Reduction | 1 | Profit percentage of the last order to close |
Panel Settings
| Parameter | Default | Description |
|---|---|---|
| X1 | 10 | Panel X coordinate |
| Y1 | 100 | Panel Y coordinate |
| Info panel background color | clrPowderBlue | Panel background color |
| Border color | clrDarkGoldenrod | Border color |
| Border text color | clrBlack | Text color |
| Button Open, Close color | clrDarkGoldenrod | Button color |
| Button On color | clrGoldenrod | Active button color |
| Button Off color | clrRed | Inactive button color |
| Font | Arial | Font |
| Font Size | 10 | Font size |
Spread Monitor
| Parameter | Default | Description |
|---|---|---|
| WarningSpread | 20.0 | Warning threshold in points |
| Sound alert | false | Sound alert when spread widens |
| Sound file | alert.wav | Sound file |
| Normal color | clrTeal | Normal spread color |
| Warning color | clrOrange | Wide spread color |
| Critical color | clrRed | Critical spread color |
USAGE RECOMMENDATIONS
-
Recommended timeframe: M5–H1. Signals are generated on the current timeframe.
-
Recommended instruments: major and cross currency pairs with low spreads.
-
Minimum deposit: from 500 USD. The exact amount depends on lot settings and leverage.
-
Account type: Netting and Hedging are supported.
-
Broker: with low spreads and fast execution.
-
For stable 24/7 operation, a VPS is recommended.
VISUAL DISPLAY
The chart displays:
-
Control panel with main functions.
-
Level lines: Breakeven, TP, SL, Trailing for Buy and Sell.
-
Entry arrows: blue for BUY, red for SELL.
-
Exit arrows: golden with profit value.
-
Spread monitor with color indication.
The control panel includes:
-
Trade Buy / Trade Sell — enable or disable directions.
-
Pause Buy / Pause Sell — pause for a specific direction.
-
Close Buy / Close Sell — close all positions for a direction.
-
New Series — reset series and prohibit new entries.
-
SPREAD — current spread value.
-
Open Buy / Open Sell — manual order opening with lot selection.
-
Lot input field — change lot for manual trades.
FEATURES
-
Entry logic based on a proprietary trend indicator.
-
Indicator does not repaint: signal is fixed on a closed bar.
-
Flexible grid settings: fixed or dynamic distance.
-
Reduction algorithm to reduce drawdown.
-
Supports Netting and Hedging accounts.
-
Control via panel without restarting the advisor.
-
Real-time spread monitor.
-
Visual display of all trades on the chart.
-
Author's technical support.
LIMITATIONS AND RISKS
The advisor is not:
-
An indicator. It is a full-fledged trading robot.
-
A profit guarantee. 100% profitability is impossible.
-
A neural network product or a "black box".
-
A high-risk scalper.
Important to understand:
-
A grid strategy with martingale can lead to significant drawdown during prolonged price movement against the position.
-
Past results do not guarantee future performance.
-
Forex trading involves high risks.
-
Before using on a live account, be sure to test the advisor on a demo account.
-
Do not use funds the loss of which would be critical to your financial situation.
