Search light CFD
- Experts
- Version: 7.7
- Updated: 19 April 2026
- Activations: 10
# Search Light CFD
Search Light CFD is an Expert Advisor (EA) for MetaTrader 5 (MT5) that automates CFD trading using a proprietary algorithm.
## Specifications
| Item | Details |
| :--- | :--- |
| **Program Type** | MetaTrader 5 Expert Advisor (EA) |
| **Version** | 7.3 |
| **Copyright** | Copyright 2024, KOKONOE |
| **Key Features** | Trend following, dynamic order management, trailing stop, automatic stop/resume based on profit/loss limits |
## Overview
Based on a proprietary algorithm, this EA detects price "differentials" and candlestick movements to determine entry points.
In addition to entry logic, it offers advanced risk and capital management features designed for long-term operation, such as dynamic order density adjustment based on drawdown and automatic suspension after reaching target profit.
## Key Features
### 1. Entry Logic
- **Trend Detection**
On a specified timeframe, the EA compares recent highs/lows with the current price differential (candle differential) and enters trades in the direction of the trend when conditions are met.
- **Order Density Control**
The maximum number of orders allowed within a single candlestick can be limited separately for buy and sell positions.
### 2. Risk & Capital Management
- **DD-step (Dynamic Multi-Order System)**
The maximum number of simultaneous orders increases dynamically based on drawdown (DD).
When drawdown recovers, the limit automatically returns to its original value.
- **Trailing Stop**
Once profit reaches a specified level (Trail Start), the stop loss is automatically updated while maintaining a fixed distance (Trail Buffer), securing profits.
- **Target Profit (Auto Stop on Profit)**
When account balance reaches a specified target rate (e.g., 115%), all positions are closed and trading is suspended for a defined period (daily, weekly, monthly, etc.).
- **Loss Cut (Auto Stop on Loss)**
If unrealized losses exceed a specified percentage of the balance (e.g., 30%), all positions are force-closed and trading is paused for a certain period to reduce risk.
### 3. Start-Off Function
- Includes a waiting feature that blocks new entries until a specified number of days has passed since activation or until a specific day of the week is reached.
### 4. User Interface (UI)
- Displays the following information in real time on the chart for quick status monitoring:
- Currency pair, drawdown rate, spread
- Magic number, target margin, time remaining until next candle
- Auto lot settings, DD-step status
- Scheduled resume time when trading is paused
## Parameter Settings (Excerpt)
| Variable Name | Default Value | Description |
| :--- | :--- | :--- |
| `EAName` | "Search light CFD" | EA display name |
| `MagicNum` | 200003 | Magic number |
| `DefaultLots` | 0.01 | Base lot size |
| `BuyTPPoints` | 1500 | Take profit for buy (points) |
| `SellTPPoints` | 260 | Take profit for sell (points) |
| `UseTrailStop` | true | Enable trailing stop |
| `TargetProfitRate` | 1.15 | Target profit rate (1.15 = 115%) |
| `TargetLossPct` | 30 | Maximum loss percentage (%) |
## Notes
- This EA is **for hedging accounts only**.
