Expert: Magic Star.ex5 V1.0 (Unlocked MT5 build 3578-3661)
Document: No Guide
This product using custom DLL “msimg32.dll” for MT5 build 3578-3661
Some antivirus may block it and flag it as a virus.
You need to make your antivirus “allow it”
Its a false alarm and its SAFE
,this false alarm is triggered because this is a custom DLL and not verified to any publisher but need to make this product unlocked
The Magic Star EA has a low entry frequency for single currency pairs. If the so-called stop loss is enabled, this EA is likely to incur stable losses. It is an EA with a martingale-like strategy, but the developers try to conceal this fact. The EA can only add positions according to the conditions written in its internal code, with no flexibility. My belief is that an EA is just a tool, and with a proper strategy, any EA can be profitable. However, this does not include EAs like Magic Star, which lack any attention to detail. Such EAs are basically not qualified to be used as tools.
MQL5 Market Introduction
Magic Star is a completely automated trading robot that has been designed and created based on our best strategies in forex trading.
All trades are protected by stop loss. the EA uses one same stop-loss for all the trades in one circle so the risk is limited with a safe lot size.
The EA contains a special DrawDown control function.
Users can use a fixed lot or auto lot money management.
- The EA has strategies for trading 28 currency pairs (AUDUSD,NZDUSD,NZDCAD,AUDCAD,USDCAD,EURCAD,AUDCHF,AUDNZD,GBPUSD,EURUSD,AUDJPY,CADCHF, …)
- The EA Contains a special drawdown control function
|LIVE SIGNALS (real money accounts): Magic Star 28 pairs
- Settings are on the comment section
- the EA should be run on M15 time frame charts
- use different MagicNumber for each chart
- ChooseEA : there are 28 options ( AUDUSD,NZDUSD,NZDCAD,AUDCAD,USDCAD,EURCAD,AUDCHF,AUDNZD,GBPUSD,EURUSD,AUDJPY,CADCHF, … )
- StopLoss : stop loss per points
- TakeProfit : take profit per points
- MaximumSpread : maximum allowed spread before placing an order
- TradeComment :a comment that will be shown with each trade
- MagicNumber : it is a number that helps the EA to recognize its own orders
- MoneyManagementType : money management type. (FixedLot,AutoLot)
- FixedOrderSize : fixed order size for fixed lot money management
- IncreaseLotSizeEvery : if you choose auto lot money management the EA will increase the lot size based on this number