Moon Scalper
- Experts
- Jesper Christensen
- Version: 1.1
- Activations: 10
Moon Scalper is a multi currency expert advisor that takes advantage of the consolidating phase of the forex market during the European night hours.
- Live account monitoring: https://www.mql5.com/en/signals/1413242
Current price 75$ - Price increases for every 10 copies sold. |
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Important:
- To backtest or trade live with the EA, you must set the first input in the user inputs menu "Enable Moon?" = true. (see screenshot below)
- Backtest/use on 5M chart on EURUSD, GBPUSD, AUDUSD, USDCHF, USDCAD, USDJPY.
- Under the "Symbol tickers" inputs; Insert the exact way each of the 5 symbol tickers are spelled by your broker. Most brokers use the format "EURUSD", but some will use suffixes or lower-case letters. For example "EURUSDq" and so forth. Check the spelling of your brokers ticker names in the market watch and make sure to write the symbol name in the exact same format.
- ECN hedging account is needed for this EA. You can use IC Markets Raw, Perpperstone Razor or similar.
- Full guide here: https://www.mql5.com/en/blogs/post/748885
Main features:
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Moon Scalper does not use martingale, hedging, arbitrage, or dollar-cost averaging etc.
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Multi currency expert advisor.
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Every position is protected with a stop loss order.
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Can be used on small accounts with as little as 100 USD balance.
Past performance does not guarantee future results. Any system that does not use dollar cost averaging goes through loosing streaks. These periods can last weeks or months. If you are not comfortable with that, then do not buy Moon Scalper. Here is an article to understand the psychological challenges traders face when their systems are going through loosing streaks: https://www.mql5.com/en/blogs/post/747022