• Overview
  • Reviews (8)
  • Comments (11)

SparkLight EA

SparkLight EA is a fully automated expert advisor that uses advanced algorithms for the price analysis of the latest trends. Every order has StopLoss and every order is placed based on the primary or the secondary trend analysis algorithm.

This EA does NOT use Martingale or Arbitrage strategy. It can trade more orders at the same time but every order has the same Lot size if using FixedLotSize.

SparkLight EA is NOT a minute scalper or tick scalper that produces high number of trades per day. This EA is fully customizable by user and is not limited by trading pair or time-frame (recommended to use on M15 - H4 time-frames). Every trading pair and time-frame requires slight modification of parameters for the best performance.

SparkLight EA default settings is optimized for EURUSD H1 (optimized since the end of 2017 - present). More optimized files will be added to the blog.

Link to the MT4 veresion: https://www.mql5.com/en/market/product/39905

Visit the blog for Set files examples, additional information, optimization recommendations, FAQ, etc.:  https://www.mql5.com/en/blogs/post/727369


Recommendations

  • Adapt your own risk settings according to the account equity and always verify with back-test
  • True ECN broker and VPS server is always recommended for any type of automated trading
  • Use minimal deposit of 300 USD per trading pair
  • Verify that you have enough margin to trade (especially If using low leverages and small account deposit)


Parameters

General Settings

  • Magic - Magic number - MUST be unique for each chart
  • CommentOrders - Optional - Custom comment for orders
  • StatusIntervalInHours - Interval in hours for EA status message (Printed to the Expert tab)
  • EnablePushNotifyStatus - Enable/disable sending EA status via Push notifications (interval of notification set by StatusIntervalInHours)

Risk Settings

  • MaxOrders - Maximum number of orders that can be traded simultaneously
  • MinDistance - Minimum distance in points between actual market price and already opened position in case there will be more position opened
  • CloseProfit - Closes opened position once this target reached (per position, but also taken in account number of position, ClosingCondition, swaps, commissions, etc.)
  • ClosingCondition - Algorithm for order closing condition (Simple / Combined / Advanced / Exponential)
  • MinuteBasisClose - If true: the EA will check for the closing condition every minute; if false: the EA will check for the closing condition every new bar
  • FixedLotSize - Fixed size of the Lot to trade (UseAutoLot has to be disabled)
  • StopLoss - Stop loss in points
  • TakeProfit - Take profit in points
  • MaxSlippage - Maximum slippage for orders opening and closing

Risk Settings - Automatic Lot

  • UseAutoLot - Enable/disable automatic lot size calculation base don account balance, StopLoss and number of MaxOrders 
  • RiskInPercentOfBalance - Risk in percent of account balance (considers also the MaxOrders)
  • MaxLotSize - Maximum size of the lot (Can vary from brokers max lot size, because it considers also MaxOrders)

SparkLite Specific Settings

  • TrendPeriod - Main parameter to determine the trend determination
  • MainFilter - Filtering of the trend direction false signals
  • WeightX - Has impact on trend algorithm convergence (NOTE: These values should NOT be the same - WeightX should be different from WeightY)
  • WeightY - Has impact on trend algorithm convergence (NOTE: These values should NOT be the same - WeightX should be different from WeightY)

Info Panel Settings

  • ShowInfoPanel - Show/Hide Info Panel
  • PanelBackgroundColor - Info Panel background color
  • PanelHeaderColor - Info Panel Header background color
  • HeaderFontColor - Info Panel Header font color




Reviews 8
Tsutenkaku
80
Tsutenkaku 2021.03.31 16:01 
 

Very good.

eznoob
14
eznoob 2020.08.09 20:45 
 

PERFECT

DarknezzGR
239
DarknezzGR 2020.08.09 06:34 
 

This EA performed better than other paid EAs I have tried. It is a bit strange and not open positions very often. Moreover as far as I noticed 75% of positions were "sell" positions. "Buy" positions were rare, not sure why!... I backtested in tester for 3 different periods, 5 months each one in 1H timeframe. Surprisingly all ended with small profit!!! I use the 1H set from developer. In 30M test the performance was not that good. I will give 5 stars because it is free and in some cases performance was much better than other paid EAs

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Golden Lion EA
Hanna Zharkova
1 copy left at $149. Next price $199. Golden Lion is a professional multi-currency trading Expert Advisor for intraday trading. The EA contains an advanced entry filter, each potential market entry point is carefully analyzed, false entry points are eliminated. Accuracy of inputs exceeds 80%. To extract the maximum profit, the algorithm of multi-stage profit fixing and a two-level trailing stop with a breakeven function were used. For additional security, the EA has built-in high spread pr
149 USD
Aura Gold EA
Aura Gold EA
Stanislav Tomilov
Price: $995 4 of 10 copies left at this price Next price $1395 Recommended broker:  ICMarkets.com Aura Gold EA  is a fully automated EA designed to trade GOLD only. It is based on machine learning cluster analysis and genetic algorithms. EA contains self-adaptive market algorithm, which uses price action patterns and standard trading indicators (CCI,ATR). Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money managment used, no martingale, no grid, scalp or he
995 USD
Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. The EA draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the rever
199.50 USD
Advanced Hedge MT4
Advanced Hedge MT4
Ho Tuan Thang
In one week, i will have two sales discounts for only $49. Please pay attention. ONLY 3 COPIES OUT OF 10 LEFT AT $149! After that, the price will be raised to $249. Advanced Hedge MT4 is an EA that work with hedge strategy.It can trade Crypto, Forex pairs, Metals, Indice but need your optimize. Fully automatic adviser, with a system for recovering from losses.  This EA not use anything indicator for entries. Just use math logical. The EA has been tested from 2019 to the present day in various ma
149 USD
NightVision EA
NightVision EA
Alexander Kalinkin
NightVision EA  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC Marke
449 USD
ATS Advisor
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
399 USD
NightTradeEA
NightTradeEA
Mikhail Voropaev
- Супер акция: 10 копий по цене $199!!! (осталось 3 копий) - Следующая цена: $249 Очень важно!!!!! Для тестирования и работы советника обязательно загрузите файл с настройками для соответствующей валютной пары и установите самый первый параметр - время вашего брокера от GMT!!! NightTradeEA - полностью автоматический торговый советник. Основная стратегия советника - ночной скальпинг в период перехода от американской к азиатской сессии. Советник был успешно опробован на реальных торговых счетах на
199 USD
DragonScalper
DragonScalper
Gregory Hay
Lets be honest, would you buy EA with no track record with just a sketchy backtest curve fitted to data that fails miserably on live trading? No, nor would we, that's why DragonScalper Expert Advisor has over +1000% Annual Gain with only -20% Drawdown in LIVE Trading IC MARKETS LIVE account over 1 YEAR RUNNING. Live Account Trading performance: myfxbook.com/members/AlnoTrade/dragonscalper/6525642 Dragon backtests extensively well and runs live very well. The secret to success is using price act
299 USD
The Prism
The Prism
Yaroslav Tarasov
Promotional price. 2 copies left of 10.  Next price will be 300 usd The Prism is a multicurency EA that trading on 7 EUR pairs (EURCAD, EURJPY, EURCHF. EURGBP EURAUD, EURNZD, EURUSD)  The EA working with Crosspairs trend filter which provides stable and safe entries in market. The Prism have Unique multithreaded system which provides quality auto lot size adjust  Deposit size can be any, Only one limit is using ea from 100 USD. More deposit making more entries and lot size To setup
200 USD
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Channel Master MT5
Channel Master MT5
Radek Reznicek
Channel Master   is unique indicator for automatic channel finding. This indicator is fully adjustable by user. User can also put more instances of Channel Master to one chart with different channel size for better trend filtering. Link to MT4 version:  https://www.mql5.com/en/market/product/50449 All important information can be found   >> HERE << Features Easy to use (just drag & drop to the chart) Fully adjustable Accessible via   iCustom   function Possible to use with   any trading instr
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R747 BreakLevels
R747 BreakLevels
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R747 BreakLevels is smart indicator that automatically detects Support and Resistance levels on actual market trend. Strength of levels can be easily adjusted by changing parameter LevelsStrength in range of 2 (weak levels) and 50 (strong levels). This indicator is accessible in EA via iCustom functions and is fully customizable by user. There is possibility to send Push notifications and Alerts of newly found levels. Follow this link to get all detailed information:  >> LINK << Features Adjusta
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Xtreme TrendLine MT5
Xtreme TrendLine MT5
Radek Reznicek
Xtreme TrendLine  is an advanced powerful trend indicator. This indicator is based on candles analysis and trend channels. It can be used on any trading pair or instrument on any time-frame. This indicator is accessible in EA via iCustom functions and is fully customizable by user. READ FULL DESCRIPTION AND POSSIBLE ADJUSTMENTS TIPS: >> LINK << Features Any trading instrument Any timeframe Fully customizable by user More Trendlines on one chart Can be used in EA via iCustom function Possib
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R747 BreakLevels MT5
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R747 BreakLevels is smart indicator that automatically detects Support and Resistance levels on actual market trend. Strength of levels can be easily adjusted by changing parameter LevelsStrength in range of 2 (weak levels) and 50 (strong levels). This indicator is accessible in EA via iCustom functions and is fully customizable by user. There is possibility to send Push notifications and Alerts of newly found levels. Follow this link to get all detailed information: >> LINK << Features Adju
30 USD
Elite Tactics MT5
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Radek Reznicek
Elite Tactics  is a safe and fully automated expert advisor that analyzes market most important levels and trades with pending orders for the fastest execution. Every order is protected with StopLoss and this EA has implemented advanced filtering functions together with spread and slippage protections. This EA does  NOT use any of the dangerous strategies   like Martingale, Grid or Arbitrage. Elite Tactics is fully customizable by user. This EA is not limited by trading pair or time-frame (reco
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SparkLight EA MT5
SparkLight EA MT5
Radek Reznicek
SparkLight EA  is a fully automated expert advisor that uses advanced algorithms for the price analysis of the latest trends. Every order has StopLoss and every order is placed based on the primary or the secondary trend analysis algorithm. This EA does  NOT use  Martingale or Arbitrage strategy. It can trade more orders at the same time but every order has the same Lot size if using FixedLotSize. SparkLight EA is  NOT  a minute scalper or tick scalper that produces high number of trades per da
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CyberTrend
CyberTrend
Radek Reznicek
CyberTrend  is a fully automatic Expert Advisor based on advanced algorithms for short term trend prediction. This EA uses several custom made indicators combined with candles prediction that helps to achieve a very high-rate of winning trades. This EA successfully passed long term back-test with real tick data (accuracy 99.9 %), variable spread, real commision and swap. CyberTrend is also fully adjustable by user. Please read the blog to get more information about FAQ and settings parameters.
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News Panel
News Panel
Radek Reznicek
News Panel  is a fully adjustable utility for Forex News. It can show upcoming news in InfoPanel as well as lable for upcoming and past news labels on the chart.  This utility also enables Upcoming news Alerts and Push notification. User can change number of upcoming news displayed, colors and many others. Instructions Alow WebRequest for Listed URLS in Metatrader Tools -> Options -> Expert Advisors tab (see screen or watch the video) Add " http://ec.forexprostools.com/" to the list of allow
30 USD
Automatic Fibonacci
Automatic Fibonacci
Radek Reznicek
Automatic Fibonacci  is an indicator for automatic Fibonacci Levels drawing. It is fully customizable by user. User can also select different Fibobonacci Levels by user settings or can use multiple Automatic Fibonacci indicator in one chart. All details can be found >>HERE<< Instructions Move Indicator to the chart (simply drag and drop) When pop up window appears select desired settings. Confirm settings and enjoy the Automatic Fibonacci indicator. Features Any chart Any time-frame C
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Xtreme TrendLine
Xtreme TrendLine
Radek Reznicek
Xtreme TrendLine  is an advanced powerful trend indicator. This indicator is based on candles analysis and trend channels. It can be used on any trading pair or instrument on any time-frame. This indicator is accessible in EA via iCustom functions and is fully customizable by user. READ FULL DESCRIPTION AND POSSIBLE ADJUSTMENTS TIPS: >> LINK << Features Any trading instrument Any timeframe Fully customizable by user More Trendlines on one chart Can be used in EA via iCustom function Possib
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Infinite Storm EA
Infinite Storm EA
Radek Reznicek
Infinite Storm EA  is a safe and fully automated expert advisor that analyzes market trend and price movements and thanks to that is able achieve high rate of winning trades. Every order has StopLoss (either real or virtual) and EA has implemented advanced filtering functions together with spread and slippage protections. This EA does  NOT use any of the dangerous strategies  like Martingale, Grid or Arbitrage. This EA is fully customizable by user. This EA is not limited by trading pair or tim
225 USD
Advanced MACD EA
Advanced MACD EA
Radek Reznicek
Advanced MACD  is a safe and fully automated EA. This EA uses MACD indicator with double confirmation set and filtering by range of latest price movements. Every order has stop-loss and the EA has implemented advanced filtering functions together with spread and slippage protections. This EA does  NOT use  the dangerous strategies like Martingale, etc. Advanced MACD is  NOT  a tick scalper that produces high number of trades per day and it is  NOT  dependent on every point of price. This EA is 
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Advanced MACD Lite
Advanced MACD Lite
Radek Reznicek
Advanced MACD Lite  is a safe and fully automated EA. This EA uses MACD indicator with double confirmation set and filtering by range of latest price movements. Advanced MACD Lite is EA based on Advanced MACD dedicated to less experienced users in forex trading. Only settings required by user is selection of Trading mode, size of lot to trade and unique magic number for each chart. Every order has stop-loss and the EA has implemented advanced filtering functions together with spread and slippag
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RageX EA
RageX EA
Radek Reznicek
RageX EA is an unique fully automated EA which analyses current market trend on time-frame basis. Thanks to that it makes performance of this EA stable regardless the current market condition like slippage, execution speed, etc. Every order is protected by automatically calculated stop-loss. RageX EA successfully passed back-tests with 99.90% quality historical data and variable spread in Metatrader 4 as well as 100% quality data back-tests in Metatrader 5 with different execution speed. Link t
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TrendMagiX
TrendMagiX
Radek Reznicek
Unique trend trading algorithm with advanced filtering and many features which should become a part of your trading arsenal. This indicator can give you also trading advisors (with take profit target), success rate scanner and much more. Important information For additional detailed information you can follow this page:  >> LINK << To share ideas, settings and get best from community you can follow the Telegram channel:  https://t.me/developments747channel Features Easy to use (just drag a
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TrendMagiX PRO
TrendMagiX PRO
Radek Reznicek
Unique trend trading algorithm with advanced filtering and many features which should become a part of your trading arsenal. This indicator can give you also trading advisors (with take profit target), success rate scanner and much more. TrendMagiX PRO comes with built-in multi-pair and multi-timeframe scanner which is fully adjustable. User can select own symbols and time-frames to monitor. + ALL the features of standard TrendMagiX indicator:  https://www.mql5.com/en/market/product/45324 Import
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Elite SR
Elite SR
Radek Reznicek
Elite SR - Advanced Level Indicator for automatic detection of support and resistance levels with different degree of creditibility should become a part of your trading arsenal. This indicator is accessible via iCustom function and provides level values as well as their degree of creditibility. Elite SR is fully adjustable and can work on any time-frame with any trading instrument! Important information For all detailed information about this indicator you can follow this link:  >> MANUAL & IN
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Elite Tactics
Elite Tactics
Radek Reznicek
Elite Tactics is a safe and fully automated expert advisor that analyzes market most important levels and trades with pending orders for the fastest execution. Every order is protected with StopLoss and this EA has implemented advanced filtering functions together with spread and slippage protections. This EA does  NOT use any of the dangerous strategies like Martingale, Grid or Arbitrage. Elite Tactics is fully customizable by user. This EA is not limited by trading pair or time-frame (recomme
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Channel Master
Channel Master
Radek Reznicek
Channel Master is unique indicator for automatic channel finding. This indicator is fully adjustable by user. User can also put more instances of Channel Master to one chart with different channel size for better trend filtering. Link to MT5 version:  https://www.mql5.com/en/market/product/50450 All important information can be found >> HERE << Features Easy to use (just drag & drop to the chart) Fully adjustable Accessible via iCustom function Possible to use with any trading instrument Poss
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CyberTrend MT5
CyberTrend MT5
Radek Reznicek
CyberTrend  is a fully automatic Expert Advisor based on advanced algorithms for short term trend prediction. This EA uses several custom made indicators combined with candles prediction that helps to achieve a very high-rate of winning trades. This EA successfully passed long term back-test with real tick data, variable spread, real commision and swap from Metatrader 5 Strategy Tester. CyberTrend is also fully adjustable by user. Please read the blog to get more information about FAQ and setti
55 USD
Automatic Fibonacci MT5
Automatic Fibonacci MT5
Radek Reznicek
Automatic Fibonacci  is an indicator for automatic Fibonacci Levels drawing. It is fully customizable by user. User can also select different Fibobonacci Levels by user settings or can use multiple Automatic Fibonacci indicator in one chart. All details can be found >>HERE<< Instructions Move Indicator to the chart (simply drag and drop) When pop up window appears select desired settings. Confirm settings and enjoy the Automatic Fibonacci indicator. Features Any chart Any time-frame C
30 USD
Infinite Storm EA MT5
Infinite Storm EA MT5
Radek Reznicek
Infinite Storm EA is a safe and fully automated expert advisor that analyzes market trend and price movements and thanks to that is able achieve high rate of winning trades. Every order has StopLoss (either real or virtual) and EA has implemented advanced filtering functions together with spread and slippage protections. This EA does NOT use any of the dangerous strategies like Martingale, Grid or Arbitrage. This EA is fully customizable by user. This EA is not limited by trading pair or time-f
225 USD
Advanced MACD EA mt5
Advanced MACD EA mt5
Radek Reznicek
Advanced MACD  is a safe and fully automated EA. This EA uses MACD indicator with double confirmation set and filtering by range of latest price movements. Every order has stop-loss and the EA has implemented advanced filtering functions together with spread and slippage protections. This EA does  NOT use  the dangerous strategies like Martingale, etc. Advanced MACD  is  NOT  a tick scalper that produces high number of trades per day and it is  NOT  dependent on every point of price. This EA is
60 USD
Advanced MACD Lite MT5
Advanced MACD Lite MT5
Radek Reznicek
Advanced MACD Lite  is a safe and fully automated EA. This EA uses MACD indicator with double confirmation set and filtering by range of latest price movements. Advanced MACD Lite is EA based on Advanced MACD dedicated to  less experienced users  in forex trading. Only settings required by user is selection of Trading mode, size of lot to trade and unique magic number for each chart. Every order has stop-loss and the EA has implemented advanced filtering functions together with spread and slipp
60 USD
RageX EA MT5
RageX EA MT5
Radek Reznicek
RageX EA  is an unique fully automated EA which analyses current market trend on time-frame basis. Thanks to that it makes performance of this EA stable regardless the current market condition like slippage, execution speed, etc. Every order is protected by automatically calculated stop-loss. RageX EA successfully passed 100% quality data back-tests in Metatrader 5 with different execution speed as well as back-tests with 99.90% quality historical data and variable spread in Metatrader 4. Link
79 USD
TrendMagiX MT5
TrendMagiX MT5
Radek Reznicek
Unique trend trading algorithm with advanced filtering and many features which should become a part of your trading arsenal. This indicator can give you also trading advisors (with take profit target), success rate scanner and much more. Important information For additional detailed information you can follow this page:  >> LINK << To share ideas, settings and get best from community you can follow the Telegram channel:  https://t.me/developments747channel Features Easy to use (just drag a
49 USD
TrendMagiX PRO MT5
TrendMagiX PRO MT5
Radek Reznicek
Un ique trend trading algorithm with advanced filtering and many features which should become a part of your trading arsenal. This indicator can give you also trading advisors (with take profit target), success rate scanner and much more. TrendMagiX PRO comes with built-in multi-pair and multi-timeframe scanner which is fully adjustable. User can select own symbols and time-frames to monitor. + ALL the features of standard TrendMagiX indicator:  https://www.mql5.com/en/market/product/45326 Impor
79 USD
Elite SR MT5
Elite SR MT5
Radek Reznicek
Elite SR - Advanced Level Indicator for automatic detection of support and resistance levels with different degree of creditibility should become a part of your trading arsenal. This indicator is accessible via iCustom function and provides level values as well as their degree of creditibility. Elite SR is fully adjustable and can work on any time-frame with any trading instrument! Important information For all detailed information about this indicator you can follow this link:  >>   MANUAL &
44 USD
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Tsutenkaku
80
Tsutenkaku 2021.03.31 16:01 
 

Very good.

Miguel Jimenez Cordero
7155
Miguel Jimenez Cordero 2021.03.21 10:11 
 

Good job.

dareking
120
dareking 2020.09.07 07:11 
 

Just opening sell order, risky EA,

Le Anh Tuan
466
Le Anh Tuan 2020.08.27 03:18 
 

User didn't leave any comment to the rating

Murat Batibay
147
Murat Batibay 2020.08.16 01:17 
 

is it limited

eznoob
14
eznoob 2020.08.09 20:45 
 

PERFECT

DarknezzGR
239
DarknezzGR 2020.08.09 06:34 
 

This EA performed better than other paid EAs I have tried. It is a bit strange and not open positions very often. Moreover as far as I noticed 75% of positions were "sell" positions. "Buy" positions were rare, not sure why!... I backtested in tester for 3 different periods, 5 months each one in 1H timeframe. Surprisingly all ended with small profit!!! I use the 1H set from developer. In 30M test the performance was not that good. I will give 5 stars because it is free and in some cases performance was much better than other paid EAs

Qun Li
637
Qun Li 2020.04.29 04:26 
 

User didn't leave any comment to the rating

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