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Project Golden Luna MT4

Trading strategy: Scalping.

The EA "Project Golden Luna" is based on trading on zigzag signals using standard indicators, and market entries are made on the breakdown of local extremum levels. As soon as the bot receives a signal, it immediately starts placing several pending orders. And most importantly, this trading expert uses SL protective orders in open trades, which save the trader's deposit from significant losses.

However, this robot in most cases does not wait for the price to reach a stop loss, and if the price confidently goes in the opposite direction from open trades, SMART FACTOR closes all trades at the first rollback.

The adviser trades on two pairs: EURUSD, USDJPY, TF - H1, H2, H3 , H4, H6 , H8, H12 ( only for МТ5:  H2, H3, H6, H8, H12 )

and also the adviser can be installed on other currencies and timeframes using the instruction: https://www.mql5.com/ru/blogs/post/750726

The EA does not use Martingale, Grid and other strategies with an increase in the lot.

When creating the EA, the history of quotes based on real ticks was used.

МetaТrader 5 version: https://www.mql5.com/en/market/product/93166

Requirements and recommendations
  • Low spreads and high quality execution are important when choosing a broker.
  • The EA is attached to only one chart (any of the working pairs and any timeframe) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies.
  • Instructions for launching a custom symbol: https://www.mql5.com/ru/blogs/post/750726
  • The minimum recommended balance for the EA (when used on recommended pairs and timeframes) is $ 50.
  • Leverage of 1: 100 or more is recommended.
  • The PC processor should not be overloaded with other programs or advisors ( otherwise, the adviser will not be able to process all the ticks and this is bad for the adviser ).
  • Broker with 5-digit and 3-digit quotes.
  • We recommend using a VPS with minimal ping to your broker.
  • Attention! This EA is only for "hedging" accounts.
  • if you use several advisors on the same account, make sure that all the advisors have different Magic numbers.

For the Strategy Tester:

  • Multi_Currency_BackTest - if set to true, a multi-currency tester is used.
  • For testing, it is recommended to use:
    • Methods of modeling ticks:
      • All Ticks.

Symbols:
  • EURUSD,  USDJPY,  H1, H2, H3, H4, H6, H8, H12  ( only for МТ5:  H2, H3, H6, H8, H12 )

Parameters:

  • EURUSD - if true, use EURUSD;
  • ...
  • USDJPY  - if true, use USDJPY;
  • Magic_Start / Magic_Finish - ID of EA's trades.
  • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
    • Use_Risk_MM — If this is true, the lot size will increase when account balance grows (Risk Management).
    • Percentage_Risk — Lot size increase based on the balance value (Risk Management in %).
    • Fixed_Lot — Fixed lot (if Use_Risk_MM - false).
    • Order Type - trading direction;
    • Order Comment - comments to orders;
    • Slippage - allowed slippage before an order is triggered;
    • Show_Info_Panel - use the information panel (false - faster backtest);
    • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
      • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
      • Max Spread - maximum allowed spread;
      • Stop trade - disable trade for a certain time (from 1 minutes to 24 hours) if the average spread exceeds Max_Spread;
      • Correct_Lot_by_Spread - adapt the lot by spread
      Trading within the week:
      • Monday - trade on Monday;
      • ...
      • Friday
      Time trading within a day:
      • Use time - if true, the EA trades by time;
      • GMT setting - GMT settings;
      • Every_Day_Start - start time (hh:mm);
      • Every_Day_End - end time (hh:mm).
      Time to disable on Friday:
      • Use time - if true, the EA trades by time;
      • Disable_in_Friday - end time on Friday (hh:mm).


      >>>> Our group in mql5: https://www.mql5.com/en/messages/016a118dc374d801 <<<<




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      Chen Jia Qi
      5 (4)
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      Ho Tuan Thang
      4.63 (8)
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      Gregory Hay
      4.5 (4)
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      Mansour Babasafary
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      lizhi fu
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      Ho Tuan Thang
      4.91 (149)
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      AW Trading Software Limited
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      Barbaros Bulent Kortarla
      5 (48)
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      Thi Thu Ha Hoang
      5 (12)
      Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool to
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      Chen Jia Qi
      5 (9)
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      Profalgo Limited
      5 (6)
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      Mansour Babasafary
      4.58 (38)
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      Mansour Babasafary
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      Denis Kurnev
      5 (2)
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      Stanislav Tomilov
      4.17 (6)
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      The initial price is 89 USD, the future price is 200 USD Trading is carried out by market orders from important price levels, which are determined by an advanced adaptive algorithm  EA . the Algorithm allows you to determine the dynamic levels of price changes, which gives the EA the ability to quickly find entry points. The EA determines the short-term trend and opens a position with a subsequent partial closure, the average position is open for several hours. The EA trades many major curre
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      Ruslan Pishun
      5 (1)
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      Ruslan Pishun
      2 (4)
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      Ruslan Pishun
      2.83 (12)
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      Ruslan Pishun
      1 (3)
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      Ruslan Pishun
      2 (10)
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      Ruslan Pishun
      2.8 (15)
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      Ruslan Pishun
      5 (1)
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      Ruslan Pishun
      5 (3)
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      Ruslan Pishun
      3 (2)
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      Ruslan Pishun
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      Ruslan Pishun
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      Ruslan Pishun
      3.5 (2)
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      Ruslan Pishun
      1.8 (5)
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      Ruslan Pishun
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      Ruslan Pishun
      1 (1)
      EA Innovative PRO is a fully automated EA for Forex trading. It is based on three combined adaptive algorithms. Follows the movement of market price. It was backtested and optimized using real ticks with 99,9% quality. The Expert Advisor has successfully passed the stress test with slippage and commission approximate to the real market conditions. The EA eliminates the extra noise and chooses the most convenient strategy for trading. Dynamically places trailing stop and moves profit to breakeven
      EA Two MA
      Ruslan Pishun
      5 (1)
      The Expert Advisor trades by two Moving Average lines. There are also two types of order closing: 1) if there is an opposite signal, 2) closing order by take profit, stop loss, and trailing stop. You can configure Moving Average indicators. Key Advantages Ability to work with fixed lot and MM. Six trailing stop modifications. Easy to use. Two types of order closing. The EA works with all brokers. Parameters General Order Type – trade directions. Use_Risk_MM – if true , lot size is increased
      Two Dragon
      Ruslan Pishun
      Two Dragon is an advanced indicator for identifying trends, which uses complex mathematical algorithms. It works in any timeframe and symbol. Indicator is designed with the possibility to customize all the parameters according to your requirements. Any feature can be enabled or disabled. When a Buy / Sell trend changes the indicator will notify using notification: Alert, Sound signal, Email, Push. МetaТrader 5 version:  https://www.mql5.com/en/market/product/14906   Parameters Max_Bars_History —
      EA Red Dragon
      Ruslan Pishun
      2.13 (8)
      The Expert Advisor uses the strategy based on the breakdown of the most important support and resistance levels. Adaptive trade trailing algorithm is used. The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. The EA integrates a system of partial position closure during slippages (can be configured). It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the
      Neon System N1 PRO
      Ruslan Pishun
      1.75 (4)
      Neon System N1 PRO is along-term system containing 10 different strategies. Each strategy includes multiple indicators, the system is designed for real trading. The system uses 50 standard indicators, the robot contains 10 strategies. This system is not for those "who want everything at once." This system assumes a professional long-term trading on the Forex market. The robot has been tested in a special tester on real ticks. It uses an adaptive trailing stop algorithm. The EA uses a system of c
      EA Black Scorpion
      Ruslan Pishun
      3 (8)
      The EA uses the strategy based on breakout. Breakout trading is one of the most popular and most frequently used strategies among Forex traders. This strategy has been developed a long ago and has been repeatedly tested on history data, showing superior results. The EA uses 3 types of trend breakouts, (support and resistance breakout, downtrend breakout, uptrend breakout). The EA uses a very small SL so the account is always protected from equity drawdown with a very low risk-per-trade. It uses
      EA Manager
      Ruslan Pishun
      3 (2)
      The Expert Advisor uses a strategy based on breakthrough and two additional strategies based on sharp price changes. You can adjust the slope of the breakthrough, the distance between the breakthrough levels and the number of breakthrough levels. The Expert Advisor itself marks the levels that should be broken through. The EA includes two strategies based on sharp price changes: that is the EA opens pending Sell Stop and Buy Stop orders in case of a sudden price change in any direction and close
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      리뷰 답변
      버전 9.27 2023.02.13
      Some functions have been improved.
      버전 9.26 2023.01.31
      Minor bugs have been fixed.