Polar Star EA MT5

Nighttime Forex mean reversion with pending entries

Polar Star EA MT5 is Wei Tu’s multi-symbol night strategy, using a moving average and standard deviation to calculate Buy Limit and Sell Limit entry prices. A volatility filter checks entry opportunities, while the EA manages stops, targets and optional additional positions. The published five-pair setup covers GBPUSD, USDCAD, AUDUSD, EURCHF and EURUSD.

Entry control and flexible position management

• Multiple symbols from one chart: configure the full broker symbol names in Inp_symbols. An empty value trades only the attached chart’s symbol; the linked preset explicitly supplies five pairs.
• Internal M15 calculations: strategy data comes from M15, while ticks from the attached chart drive processing. Pending-entry checks include quote age and a spread-based distance buffer.
• Optional counter-trend grid: adjustable spacing and a directional position-count threshold control additions after an adverse move. Set Inp_maxGrid to 0 or below to disable additions.
• Volume-weighted targets: targets are recalculated for positions in the same symbol and direction, with additional conditional exit controls.

The default initial-entry session lasts two hours, with new entries stopping five minutes before its calculated end. Relevant unfilled pending orders are cancelled at session closure. Existing positions remain under management, and grid additions can continue outside that session. The terminal must stay connected and running.

Product specifications

Platform and account

MetaTrader 5, hedging account required.

Published pair setup

GBPUSD, USDCAD, AUDUSD, EURCHF and EURUSD; editable full broker symbol names.

Strategy data

Internal M15 mean-reversion calculations with moving average, standard deviation and volatility filtering.

Entry orders

Buy Limit and Sell Limit orders, subject to session and execution-safety conditions.

Grid control

Counter-trend additions with adjustable spacing; Inp_maxGrid is a position-count threshold, with 0 or below disabling additions.

Sizing

FixedLot or balance-based AutoLot. AutoLot is not a stop-loss risk percentage.

Session and GMT

Two-hour initial-entry window by default; check broker server offset and use manual GMT settings in backtests.

Developer

Wei Tu, known as nicix on MQL5.

Choose exposure deliberately

The developer states a USD 50 minimum balance, but that is not evidence that every five-pair/grid configuration is adequately funded. AutoLot uses balance and balancePerLot; changing baseLot alone does not reduce its size. Multiple held symbols and successive grid positions increase exposure, and sustained directional moves can create substantial losses.

The default floating-loss input is not a practical routine loss cap. Stop, holding-time and equity-triggered exits also depend on their conditions and successful execution. Test the intended symbol list, sizing and grid settings in your broker’s environment.

Original developer test evidence

Read the Polar Star strategy, preset and signal review for all four original images, the public manual and the monitored account’s short observation history.

For another system from the same developer, compare Eternal Engine EA MT4 and its MT4/MT5 strategy review. They are separate products; their settings and results are not Polar Star evidence.

Verify it yourself

Read the official Polar Star listing and developer’s public manual for current operating information.

The post-purchase DeliveryInformation.txt document explains how to arrange delivery; it is not the EA executable. A CheaperForex-authored MT5 setup companion is included, separate from the linked developer manual. Free lifetime updates are included.