Star light

# Star light

Star light is an Expert Advisor (EA) for MetaTrader 5 (MT5). It is primarily designed for trading **XAUJPY** (Gold/Yen) and **EURJPY** (Euro/Yen).

## Spec Overview

| Item | Content |
| :--- | :--- |
| **Program Type** | Expert Advisor (EA) |
| **Language** | MQL5 (MetaQuotes Language 5) |
| **Platform** | MetaTrader 5 (MT5) |
| **Recommended Currency Pairs** | XAUJPY, EURJPY |
| **Version** | 6.1 |
| **Copyright** | KOKONOE |

---

## Overview
**Star light** is an automated trading system optimized for XAUJPY (Gold/Yen) and EURJPY (Euro/Yen). It analyzes price divergence (Differential) and candlestick patterns to execute entries using multiple logics (Level 1 / Level 2).

It features advanced money management functions, including automatic shutdown upon reaching a target profit, risk control based on drawdown, and the ability to resume operation at specified times to support stable trading.

---

## Main Features

1.  **Multi-Logic Entry**:
    * **Level 1**: Determines entries by evaluating the divergence between the current price and recent highs/lows, as well as trend continuity.
    * **Level 2**: A complementary logic that analyzes patterns over the past few candles more deeply to increase entry precision.
2.  **Advanced Money Management**:
    * **Auto Lot Function**: Automatically calculates lot sizes based on account balance and risk levels.
    * **Target Profit Stop**: Closes all positions and temporarily suspends operation when the account equity reaches the target amount.
    * **Loss Cut Auto-Stop**: Protects the account by forcing liquidations when a specified drawdown (%) is reached.
3.  **Flexible Operation Schedule**:
    * Select the timing for resuming operations from "Daily," "Weekly," or "Monthly". It is also possible to set the system to automatically resume on specific days.
4.  **Risk Control**:
    * **Drawdown Step**: Dynamically limits the maximum number of positions based on the expansion of floating losses.
    * **Density Limit**: Limits the number of orders issued within a single candle to prevent excessive position holding during sudden market changes.
5.  **Information Display Panel**:
    * Real-time display on the chart of current floating profit/loss (%), spread, target equity, and scheduled resume time.

---

## Main Parameters

### General Settings
* **Magic number**: A unique ID used to distinguish this EA from others.
* **Lots**: The number of lots used for fixed lot trading.
* **Time frame**: The timeframe on which the EA operates.

### Profit Settings
* **Profit value**: The take-profit width (in points).
* **Trailing stop**: Enables or disables the trailing stop feature.
* **Orders density per candle**: The maximum number of orders allowed per candle.
* **Max multiple orders**: The maximum number of simultaneous positions held.

### Entry positions Settings
* **Candle differential (L1/L2)**: The candlestick price divergence width used as entry criteria.
* **Support/Resistance depth/distance**: Settings to restrict entries using support and resistance lines.

### Auto-Stop / Resume Settings (TargetProfit / LossCut Resume)
* **Target profit**: The target equity ratio to stop operation (e.g., 1.17 = stop at 117%).
* **Target loss**: The allowable loss (%) to stop operation.
* **Resume Mode**: The cycle for automatically resuming after a stop (Weekly/Daily/Monthly/None).

---

## Logic Details

### Entry Conditions
* **Level 1 Rig**: 
    * **BUY**: Triggered when the previous low is lower than the low before it, and the current price has risen by a specified number of points from that previous low.
    * **SELL**: Triggered when the previous high is higher than the high before it, and the current price has fallen by a specified number of points from that previous high.
* **Level 2 Rig**: Detects reversal or pullback patterns based on a longer sequence of candles (6 or more) to execute entries.

### Exit / Trailing
* Profit taking is based on the configured `Profit_point`.
* If Trailing Stop is enabled, the stop loss moves dynamically as profits increase to secure gains.

---

## Notes
* **Hedge Account Only**: This EA is designed specifically for hedging accounts (accounts that allow simultaneous long and short positions).
* **Margin Verification**: If there is insufficient free margin at the time of execution, an error log will be generated and the entry will be skipped.
* **User Responsibility**: The developer is not responsible for any losses incurred by using this program. Thorough verification on a demo account is highly recommended before using it on a live account.

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XIRO Robot is a professional trading system created to operate on two of the most popular and liquid instruments on the market:  GBPUSD, XAUUSD and BTCUSD . We combined two proven and well tested systems, enhanced them with multiple new improvements, optimizations and additional protective mechanisms, and integrated everything into one advanced and unified solution. As a result of this development process, XIRO Robot was created. Robot was designed for traders who are looking for a reliable and
One Man Army
Ihor Otkydach
4.75 (24)
BONUS FOR EVERY CUSTOMER: Every customer who purchases this bot will receive a free GRABBER BOT : This offer is available for a limited time only. So hurry! No hype, No reckless risk. Trading with minimal drawdown: One Man Army is a multi-currency trading system built for both personal and prop-firm trading. It follows a strategy of scalping short- and medium-term corrections and market reversals, trading through pending limit orders. This trading bot doesn’t guess the direction — it enters the
Goldbot One MT5
Profalgo Limited
5 (15)
LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ NEW: Buy Goldbot One and choose 1 EA for free!! (for 2 trade accounts) JOIN PUBLIC GROUP:   Click here Ultimate Combo Deal   ->   click here LIVE SIGNAL Introducing   Goldbot One , a highly sophisticated trading robot engineered for the gold market. With its focus on breakout trading, Goldbot One leverages both support and resistance levels to identify prime trading opportunities. This expert advisor is crafted for trade
Yukon
Daniel Stein
5 (1)
Yukon · The Gold EA That Reads the Market First Yukon runs four engines on XAUUSD under one market-state layer: every day, Yukon reads the gold market's state (trend, transition, range, volatility) and lets each engine trade only when the state favours it. The original Grid, a hierarchical Pattern Long, a Pattern Short, and a swing Breakout that trades only when a structure check confirms an established move. Built around a hard equity cap, live USD-news protection, weekend-flat positions and li
IndexLord MT5
Gregory Hay
5 (1)
Welcome to IndexLORD EA , an exceptional scalping system tailored for the US30 Index Market. Crafted by a quant team with over 20 years of experience, this system stands as a robust and dynamic trading solution. Its aggressive approach sets it apart, making it a powerful ally in your trading journey. Experience the difference with IndexLORD  today! Signal account:    https://www.mql5.com/en/signals/2388316 New IC Account: https://www.mql5.com/en/signals/2388311 Prop Setting Account : Contact Me.
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Star light mini
Kazuya Koizumi
This EA uses local chart fluctuations as a trigger to enter a position. It does not use the martingale method or grid. Entry trigger: [level1] 1. Fall → Fall → Appears to be higher than the specified difference at this time = BUY entry 2. Rise → Rise → Appears to be lower than the specified difference at this time = SELL entry [level2] 1. Fall → Fall → Rise after a gap → Rise higher than the specified difference = BUY entry 2. Rise → Rise → Fall after a gap → Fall lower than the specifi
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Moon light MT4
Kazuya Koizumi
EA product "Moon light" - Intended for short-term operation of about 1 to 2 weeks - Set target amount by "Shutdown target profit" and close position and stop operation when it is reached - No TP is set and profit is confirmed only by trailing stop of SL - Entry point is determined locally as follows - Average 7 DOWN < Buy_differential - iOpen DOWN DOWN DOWN UP > Buy_differential2 = BUY - Average DOWN DOWN UP > Buy_differential2 = BUY - Mid price 2 step 6 UP < sell_differential && iHigh(1) > cu
# 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,
Moon light
Kazuya Koizumi
A MT5 EA product "Moon light" - CryptoCurrency (BTCUSD) is the main target - As a guideline, it is preferable for the spread to be 3500 or less. - Profit target of 1.5 to 2 times the margin in 3 days is assumed - Set the target amount by "Shutdown target profit" and close the position when it is reached, and stop operation - If +25% or more profit is not generated 12 hours to 1 day after the start of operation, stop operation and try again in a few days - Profit is confirmed only by trailing s
Spot light
Kazuya Koizumi
//  [Overview] //   XAUUSD M3 EA with independent BUY and SELL entries. //  Scores the probability of a price move from candlestick shape and //  scales lots accordingly.   BUY positions are NOT closed on a SELL //  signal; each direction is managed independently. //  Compatible with both hedge and netting accounts. // //  [Lot Sizing Formula] //  When AutoLot=false (default): //    Lot = BaseLots + (MinLot * N ) //      BaseLots : DefaultLots input (fixed base size) //      MinLot   : broker S
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