Stellar EA MT4 V3.5 + Setfiles

AlgoFX Stellar EA – Grid-Based XAUUSD Trading on MT4 with Live Myfxbook Verification

AlgoFX Stellar EA is a grid-style automated trading system for MetaTrader 4, developed by AlgoFxMoney, operating on XAUUSD at the H1 timeframe.

Key Highlights

• ✅ Grid-based strategy on XAUUSD H1 — also documented for AUDCAD, AUDNZD, NZDCAD on M15
• ✅ Built-in daily drawdown limit and max DD circuit breaker (Remove_EA_On_DD parameter)
• ✅ MT4 .ex4 file — compatible with EXNESS, TickMill, and RoboForex per official page
• ✅ $300 documented minimum deposit per official AlgoFxMoney page

Performance Results

Four backtests on XAUUSD H1 (January 2024 to June 2025) show maximal drawdowns ranging from 8.82% to 25.96% depending on lot size, with profit factors between 1.64 and 1.80. Win rates of ~79–81% are consistent across all four runs. All four tests used the “Control points” model — MetaTrader’s own report flags this as a crude method. These results indicate directional potential but cannot be treated as high-quality simulation evidence. Live execution will differ due to spread, slippage, and XAUUSD volatility.

The 37.66% drawdown on the live V2 account is material risk. At that level on a 1:1000 leveraged account, a sustained losing sequence or gap event can push losses significantly beyond what a small account can absorb. Size your starting deposit conservatively relative to the lot settings used, activate the daily drawdown limit and Remove_EA_On_DD circuit breaker, select a broker with tight XAUUSD spreads and fast execution, and monitor open grid position count actively. The Remove_EA_On_DD parameter triggers at 50% drawdown and removes the EA — but it does not prevent the drawdown from occurring.

The V2 Myfxbook account is active as of research date, but detailed trade history is partially private. Backtest results use a control-points model flagged as unreliable by MetaTrader. Demo test this EA for a minimum of 90 days before risking live capital.

How It Works

Strategy: Grid-based automated system trading XAUUSD on H1, also documented for AUDCAD, AUDNZD, and NZDCAD on M15. Exploits directional price movement with pending orders placed at calculated intervals. Multiple positions can be open simultaneously, compounding both gain and drawdown during adverse moves.

Entry: Pending orders triggered by candle body size conditions (Min_Body_Pips: 10, Max_Body_Pips: 30 in default settings). Entry gap offset of 20 pips. Orders expire after 5 candles if not filled. Entry percentage filter of 40% reduces low-quality setups.

Exit: Static take profit at 15 pips (TP_Pips) with a TP ratio of 2.0. Per-day profit target of $500 closes all open orders when hit. Breakeven activates at 7 pips in profit, moving stop to 1 pip above entry. Trailing stop available but set to false in documented defaults.

Risk Control: Fixed lot size of 0.01 by default. Dynamic lot mode available but not active by default. Stop loss at 15 pips per trade. Max DD circuit breaker triggers at 50% drawdown and removes the EA. Daily profit cap of $500 limits intraday overexposure.

✅ Best conditions: Trending XAUUSD sessions • Low-spread broker with fast execution • Stable VPS with low latency • Daily drawdown limit active

⚠️ Caution: High-spread or slippage environments • Volatile news events with active grid positions open • Small accounts running default lot sizes near capital limits

Technical Specifications

Who Should Use This EA

✅ Ideal for:

• Experienced EA traders who understand grid-based drawdown risk and can monitor open position exposure actively
• Traders running a dedicated XAUUSD account on a low-spread ECN broker with a reliable VPS
• Traders who want live Myfxbook-verified results and are prepared to demo test before going live

✅ Best results when:

• Account capital is sized conservatively relative to lot size, keeping max DD risk within acceptable personal limits
• The built-in daily drawdown limit and Remove_EA_On_DD circuit breaker are active and matched to account size

This EA is not suited to traders who are unfamiliar with grid exposure, running undercapitalised accounts at default lot sizes, or unable to monitor positions during active XAUUSD sessions. Browse other MT4 Expert Advisors or explore the full Forex EA catalogue if you need a different risk profile.

Download Package Included

• ✅ Experts:
  • Stellar EA MT4.ex4
• ✅Presets:
  • Gold_$100.set
  • Gold_$200.set
  • Gold_$500.set
  • Gold_$1000.set
  • Gold_$2000.set
  • Gold_$3000.set
  • Gold_$5000.set
  • Gold_$10000.set
  • Gold_$20000.set

Product download link is sent immediately via email after purchase.

Frequently Asked Questions