Stark 3.7.3 – Forex Expert Advisor
Stark is rightfully considered to be the most famous Expert Advisor among all those who currently use the trading strategy of the martingale. The most actual version of this trading robot at the moment is Stark v3.7.3. The Expert Advisor can use the strategy of martingale in all its three versions at once, that is, the mode with geometric progression, in which each subsequent lot is multiplied by a given coefficient from the settings of the Expert Advisor, the mode with the arithmetic increase of the lot, which does not require additional configuration, and the mode of using the Fibonacci sequence, in which each subsequent lot is formed from the sum of the two preceding ones. The Stark Expert Advisor is recommended for use with highly liquid currency pairs with timeframes starting from M5. The principle of the Expert Advisor is based on an indicator system of three standard indicators, namely RSI, ADX and Moving Average. The number of simultaneously opened deals can be different and depends on the selected timeframe. The Expert Advisor has a large number of settings and trading parameters, so it needs regular optimization, or the selection of manual settings, and it is recommended to optimize the settings in each direction separately.
Stark 3.7.3 – detailed information
|Type of Expert Advisor||Martingale|
|Size of the lot||not less than 10000 units per 0.1 standard lot|
|Size of deposit, $||100|
|Timeframes||from M5 and above|
|Indicators||Rsi, ADX, MA|
|Recommendationed brokers||RoboForex, Forex4you, MasterForex|
|Pair tool/forex||EURUSD,GBPUSD,USDJPY (and other highly liquid)|
|Yield, % p.a.||29.44|
|Max. drawdown, % p.a.||18.62|
|Autonomous account type|
|Maximum risk limit|
|Many series in one direction|
|Automatic start lot|
|Fixed Take Profit|
What is a Forex Expert Advisor?
In connection with the popularization of automated trading, many investors ask themselves what is a Forex Expert Advisor? First of all, it is a special program required to manage the trading process automatically, i.e. without the trader’s participation. A trader invests in the robot in advance, a kind of algorithm, the conditions on the basis of which the subsequent market activity is carried out.
How do forex advisors work?
When you trade manually, you need to analyze the market yourself, take into account the forex forecast for the current day, forex news and choose the entry points to the market. However, it is also possible to trade automatically, using special programs that do most of the work for a trader – forex advisors.
Why shouldn’t beginners trade with Forex Expert Advisors?
Trading involves obtaining a great deal of knowledge – understanding the functioning of the market and various nuances, including the ability to apply technical and fundamental analysis. Forex Expert Advisors, i.e. the programs used for automatic trading, cannot help it.