Stargogs Pay EA

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Apr 15, 2024
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Introduction​


Let's talk about this so-called magical trading robot, Stargogs Pay EA. As someone seasoned in the trenches of trading and coding in MQL5, I find it hard to be easily impressed. But, let's get down to business and evaluate this extensively praised piece of software that has garnered a 5-star rating and some enthusiastic user reviews.

Description of Functions​


Stargogs Pay EA is sold as a revolutionary trading robot, purported to bring substantial profits on platforms like Boom and Crash. Here are its main features:

  • Automated Trading: Automatically executes trades based on predefined criteria.
  • Risk Management: Includes settings for managing trade risks efficiently.
  • Technical Analysis: Uses various technical indicators to identify trading opportunities.
  • Backtesting Capability: Offers backtesting to validate strategies over historical data.
  • Customization: Allows users to fine-tune parameters to suit their trading style.

Analysis of Performance​


Over the past year, Stargogs Pay EA has reportedly shown impressive results. According to the detailed statistics available on their website, the robot has a high win rate and has managed to generate consistent returns. However, I always advise you to take these numbers with a pinch of salt. Remember, past performance is not always indicative of future results.

Pros and Cons​


Pros:

  • Ease of Use: The robot is user-friendly, making it accessible to traders of all skill levels.
  • Customization: Offers a high degree of customization, which is great for seasoned traders.
  • Risk Management: Strong risk management features to safeguard your capital.

Cons:

  • Over-Reliance on Technical Indicators: Like many EAs, it relies heavily on technical indicators, which can sometimes lead to false signals.
  • Market Conditions: Its performance might degrade in different market conditions, making it less reliable in certain scenarios.
  • Transparency: Limited transparency regarding the underlying algorithms.

Source Code of Stargogs Pay EA​


We don’t have access to the actual source code of the original robot sold on MQL5, but our team can develop a piece of code based on its description. If anyone is interested, feel free to discuss it on the forum or ask questions about implementing specific features.

Code:
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Download Stargogs Pay EA: Expert Insights and User Reviews​


For those who are interested in downloading and testing Stargogs Pay EA, you can find more information on its performance and user reviews on this page. If you have any questions about the code or the robot's functionalities, don't hesitate to reach out. This example code is provided by easytradingforum.com and is based on the descriptions available on MQL5. Keep in mind that the EASY Trading Team does not sell Stargogs Pay EA but has created a sample code based on its descriptions.

So go on, discuss, share your results, and let’s see if this robot can really work its so-called magic.
 

Attachments

  • Stargogs Pay EA.mq5
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Purchased this EA, but it has been a series of unfortunate trades leading to losses instead of profits. Frustrating experience! Seeking a refund seems like the only viable option at this point.