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This is a multi-strategy EA. In the night scalping mode, the filters
filter a trend-free range market environment and trades are placed in
the opposite direction at the edges of the range. With an additional
main trend filter in the trend-following mode, you can also trade
pull-backs during trends on the day.

  • UseDrawDown if true then drawdown mode is active
  • MaxAllowedDrawDown close all trades if drawdown more then x %
  • Trading Hour Start EA operation start hour
  • Trading Minute Start EA operation start minute
  • Trading Hour End EA operation end hour
  • Trading Minute End EA operation end minute
  • Use Close Time Mode if true then close time mode will be taken into account in trading
  • Close Hour hour, in which the EA closes open trades
  • Close Minute minute, in which the EA closes open trades
  • Allowed Spread max allowed spread
  • Slippage max allowed slippage
  • Use LotMultiplier true means trading with martingale feature
  • LotMultiplier factor for determining how much the lot size should be increased
  • Use Money Management true means trading with automatic lot size calculation
  • fixed LotSize if Money Management is false then trade with this fixed lot size
  • Risk automatic lot size calculation
  • max Lotsize max allowed lot size per trade
  • Magic Number buy magic number buy trade
  • Magic Number sell magic number sell trade
  • Order Comment set your trade comment
  • UseGridFilter if true then GridLevel mode is active
  • GridLevel distance between following trades in points
  • Use Swap Filter if true then the swap will be taken into account
  • Minimum Swap choose minimum swap value
  • YMinutesRange amount of time in minutes to midnight, in which the swap should be taken into account
  • Trend Filter Period M5/M15/H1 period trend filter timeframe M5/M15/H1
  • RSI Filter Period period RSI indicator
  • Indicator Buy Value min RSI value to open buy trades
  • Indicator Sell Value max RSI value to open sell trades
  • Vola Filter Period period volatility filter
  • Vola Filter min min allowed value volatility filter
  • Vola Filter max max allowed value volatility filter
  • Bandwidth Filter min min allowed value bandwidth filter
  • Bandwidth Filter max max allowed value bandwidth filter
  • Use Maintrend Filter if true then both main trend filters are active
  • Maintrend Period fast fast period of the first main trend filter
  • Maintrend Period slow slow period of the first main trend filter
  • Maintrend Filter Period period of the second main trend filter
  • Maintrend Filter min min allowed value of the second main trend filter
  • MaxOpenTrades max allowed number of buy or sell trades
  • TradesFrequencyMins time interval in minutes between opening trades
  • Use virtual TP an SL true means
    in addition to the existing fixed TP and SL value per trade, a common
    virtual TP and SL value is determined for all open trades
  • virtual SL value virtual Stop Loss in points
  • virtual TP value virtual Take Profit in points
  • TP Factor factor to determine the Take Profit and depends from vola filter
  • SL Factor factor to determine the Stop Loss and depends from vola filter
  • TP min in Points min Take Profit in points
  • TP max in Points max Take Profit in points
  • SL max in Points max Stop Loss in points
  • Use Safe Mode false means trading without safe mode indicator
  • Safe Mode Indicator Period safe mode indicator period
  • MondayAM true if true then trading Monday AM
  • MondayAMStartTime start time trading Monday AM
  • MondayAMEndTime end time trading Monday AM
  • MondayPM if true then trading Monday PM
  • MondayPMStartTime start time trading Monday PM
  • MondayPMEndTime end time trading Monday PM
Read More...

Day filter settings for other days are similar
  • UseNewsFilter true if true then news filter is active
  • CloseAfter_BeforeMins if true then already open
    trades will be closed at start of news period and new trades will not be
    opened until the end of news period; if false then already open trades remain open at start of news period and new trades will not be opened until the end of news period
  • SymbolsToCheck set news relevant currencies
  • UseHigh/Medium/Low/Impact if true then high/medium/low impact news will be considered
  • High/Medium/LowBeforeMins suspend trading from x minutes before high/medium/low impact news
  • High/Medium/LowAfterMins suspend trading until y minutes after high/medium/low impact news

A description of SpotLight can be found in the SpotLightBlog and a live monitoring here:

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Diego Zancoli April 22, 2021 3:21 am
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I congratulate Thomas on the new EA. At the moment the industry is very erratic at nighttime, and Focus does adequately.

Nur Hariadi April 22, 2021 3:21 am
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Wonderful EA

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