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MoonLightEA is a multi-currency night scalper with a strict stop loss.

 

  • Does not use martingale, grid, or averaging;
  • Works
    on 15 currency pairs (AUDCAD, AUDJPY, CADCHF, CADJPY, EURCAD, EURCHF,
    EURGBP, EURJPY, EURUSD, GBPCAD, GBPCHF, GBPJPY, USDCAD, USDCHF, USDJPY);
  • Minimum deposit from$100;
  • Minimum lot from 0.01;
  • Minimum leverage from 1: 100;
  • Working timeframe M15;
  • Recommended account types-ECN or NDD (it is not recommended to use the Expert Advisor on standard and cent accounts);
  • News filter (requires the ffcal.ex4 indicator);
  • Working hours – 5 nights a week, starting on Monday night and ending on Friday night;
  • The Expert Advisor does not require optimization.
Attention!
For the Expert Advisor to work correctly, you need to set the correct GMT-offset
(TimeShift in the Expert Advisor settings) in accordance with the broker settings.
It is also necessary to take into account that the offset changes 2 times a year, when
switching to daylight saving time. Accordingly, you need it on time
correct it.

 

Each
currency pair opens its own order, which does not depend on
orders for other pairs. Orders are opened based on the current spread and the
signal specified in the EA code for each pair. Accordingly, in
depending on the broker and its terms of the transaction may differ from our own
official monitoring both by number and by number
points scored.

[spoiler title=”Read More…”]

Attention! On bank holidays and
on public holidays, it is recommended to stop the work of the Expert Advisor due to
possible increased volatility. To monitor such events
use economic calendars.

 

  • OrdersComment-Expert Advisor comment;
  • MagicKey – a magic key. A number for calculating magicians using a number generator. When the EA is installed on several different pairs, orders for each pair will automatically be assigned their own magic number;
  • TimeShift – time shift of the broker’s trading server relative to GMT;
  • FixLots – lot size for trading when working with a fixed lot;
  • AutoMM – calculation of the lot for trading when working in AutoMM mode. Recommended value in the range of 3-5;
  • Manual_SL_TP-false/true to use or not to manually set the SL and TP levels (in
    case of changes in these indicators, the result is not guaranteed,
    similar to official monitoring, as they use default ones
    values);
  • Manual_TakeProfit-manually setting the TP level;
  • Manual_StopLoss-manually setting the SL level;
  • MaxSpread – the maximum allowed spread. The default value is 0.0, which means that the Expert Advisor takes the spread settings from the code for each currency pair. You can view the maximum allowed spread in the Expert Advisor’s information window (upper-left corner on the chart);
  • Slippage – slippage;
  • Use_NewsFilter – false/true use or not the news filter. The news filter takes news from this site –
    forexfactory.com/calendar.php and stops the work of the expert advisor during
    the release of the most important news on the relevant currency pairs.

 

[/spoiler]

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