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Stargogs Pay EA is an MT5 expert advisor that combines moving average and Bollinger Bands entries with a hedging module, trailing stops, daily limits and a trading-hours filter. Most behaviour is controlled through input parameters.
Get one message the moment it launches, with its price.
Stargogs Pay EA is an expert advisor for MetaTrader 5 that opens trades from moving average and Bollinger Bands readings, then manages them with hedging orders, trailing stops and profit targets. It is aimed at traders who want an automated, parameter-driven system and are willing to test and adjust it carefully.
The EA reads a moving average and Bollinger Bands on the chart it is attached to. These indicators are used to judge the prevailing trend and to time entries, which is why the product is tagged for trend and support and resistance style behaviour. Once a position is open, a separate management layer takes over.
The hedging module can place additional orders at set pip distances if price moves against the first position. The distance for the first hedge and for later ones can be configured, and the gap can be increased or decreased for each following order. A lot multiplier controls how position size grows. Scaling of this kind raises exposure quickly, so you should understand exactly how it behaves before using it on a live account.
The EA is designed for forex symbols on MT5. The timeframe is the one you choose when attaching it to a chart, and the indicator periods can be changed to suit it. The vendor does not give a single recommended pair or timeframe, so run your own tests on the symbols and spreads of your broker before deciding.
Exact defaults can vary between releases, so open the inputs tab and review each value. The main groups are below.
| Group | What it controls |
|---|---|
| Lot size | Starting volume, optional extra lot feature and the multiplier |
| Hedging | Pip distances, stop order distance and how the gap changes per order |
| Targets | Closing profit amount and daily profit and loss percentages |
| Indicators | Moving average period and method, Bollinger Bands period and deviation |
| Trading hours | Start and end of the server-time window |
| Risk and execution | Slippage, trailing stops, virtual stops, emergency stop |
| Display and identity | On-chart information, daily statistics, magic number, event handling |
Use a different magic number for each chart or instance so trades do not mix with other EAs or manual orders.
Trading carries risk, and past results do not predict future ones. Hedging and lot multipliers can increase exposure and drawdown quickly. Test on a demo account, use sensible lot sizes and never trade money you cannot afford to lose.
A VPS is worth considering if you want the EA to run continuously. Always run it on a demo account first to confirm it behaves as you expect with your broker.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (MT5) only |
| Strategy focus | Signals, Trend, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Strategy tags | Signals, trend, support and resistance |
| Markets | Forex pairs; check your broker's symbol list |
| Timeframes | Set by the user; test before going live |
| Trade style | Indicator-based entries with hedging and position scaling |
| Account type | Hedging-capable account recommended; confirm with broker |
| Requirements | Algo trading enabled, stable connection, ideally a VPS |
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No. It is built for MetaTrader 5 and will not load in MT4. If you use MT4, look for an MT4 product instead.
Extract the download, copy the expert advisor file into the Experts folder via File > Open Data Folder > MQL5 > Experts, and restart MT5 or refresh the Navigator. Drag it onto a chart and make sure Algo Trading is switched on. If the package includes a settings file or extra library, follow the placement instructions included with it.
Any MT5 broker that offers the forex symbols you want to trade can work. Because the EA uses hedging, check that your account type allows opposite positions on the same symbol. Also review spreads, slippage and minimum lot sizes with your broker.
Yes. Lot size, lot multiplier, hedging distances, profit targets, daily limits, trading hours, indicator periods, trailing stops and the magic number are all exposed as inputs. Default values can differ between releases, so read the inputs tab in your copy before trading.
No minimum deposit can be stated here. Strategies that scale positions need enough margin to survive adverse moves. Test on a demo account, work out the drawdown at your chosen settings, and size the account accordingly.
No result can be promised. Trading carries risk, and past results, including backtests, do not predict future ones. Test on a demo account first.
Stargogs Pay EA
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