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STELLAR FX EA MT4 – Full Input Settings Analysis
STELLAR EA is an Expert Advisor crafted to generate steady passive income for traders. Ensuring security with low drawdowns, it is compatible with FTMO and prop firms. Its accurate trades and compounding profits make it a powerful tool for consistent earnings, suitable for both beginners and experienced traders.
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EA Information & Trading Pairs
- EA Name: AlgoFx Stellar
- Symbols Traded: AUDNZD, AUDCAD, NZDCAD
- Maximum Concurrent Symbols: 3 — can support trades on all three pairs simultaneously.
- Initial Trade Take Profit: 10.0 pips
- Stop Loss for Grid Trades: 0.0 — no fixed SL on grid orders (higher risk).
- Smart TP: Enabled — adaptive take profit logic based on total positions.
- False TP: 5.0 — virtual take profit to hide from broker, reducing stop hunting risk.
Capital Management & Risk Control
- Lot Sizing Method: Low Risk – 20% annualized
- Fixed Lot: 0.01
- Max Lot per Equity: 600.0 — maximum lot size in proportion to account equity.
- Deposit Load Limit: 0.5 — restricts margin percentage utilized.
Spread Limits & Account Protection
- Max Spread: 10 pips
- Max Slippage: 10 pips
- Max Floating Drawdown (%): 100 — very wide limit, i.e., essentially no hard limit.
- Max Floating Drawdown (Money): 0.0 — disabled.
- Max Drawdown Action: On reaching the limit, EA will close all positions and trading will be suspended for 24 hours.
- Drawdown Calculation Basis: Only the trades opened by this EA are included (manual or other EA trades are not counted).
Grid & Lot Multiplier Settings
- 2nd Trade Multiplier: 1.0 — same lot as initial trade.
- 3rd–5th Multiplier Trade: 2.0 — doubles the size of the lot.
- Nth Multiplier Trade: 1.5 — increases lot size by 1.5× for subsequent trades.
- Maximum Trades per Grid Cycle: 9
- Trade Distance: 35 pips between orders.
- Smart Distance: On — grid spacing adapts based on market conditions and volatility.