Project Golden Luna MT5

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 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 4 version: https://www.mql5.com/en/market/product/93167

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

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;
      • Multi_Currency_BackTest:
        • true - use the multi-currency tester;
        • false - use the current currency and timeframe;
      • 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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      Jimmy Peter Eriksson
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      Stanislav Tomilov
      5 (3)
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      Bogdan Ion Puscasu
      4.87 (497)
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      Konstantin Freize
      4.33 (18)
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      Kalinskie Gilliam
      5 (2)
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      Profalgo Limited
      4.47 (89)
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      Thi Ngoc Tram Le
      4.18 (28)
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      Abdelrahman Ahmed Mahmoud Ahmed
      5 (1)
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      OMG FZE LLC
      4.9 (39)
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      Stanislav Tomilov
      4.37 (51)
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      Stanislav Tomilov
      5 (30)
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      BLODSALGO LIMITED
      4.64 (22)
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      Connor Michael Woodson
      5 (3)
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      Abdelrahman Ahmed Mahmoud Ahmed
      3.78 (54)
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      Ruslan Pishun
      2.93 (14)
      This is a fully automated smart adaptive algorithm. The SKYNET system calculates the history data and performs the analysis based on the probability percentage of where the upcoming breakout of the support and resistance level will take place, and places pending orders. The Expert Advisor adapts to any market conditions. It was backtested and optimized using real ticks with 99,9% quality. It has successfully completed stress testing. The EA contains the algorithm of statistics collection with ou
      The draws trend lines with adjustable trend width, with trend breakout settings and notifications of trend breakout (Alert, Sound, Email) and of a new appeared arrow. Arrows point at the direction of the order to open (BUY, SELL). Parameters MaxHistoryBars - the number of bars in the history. Depth (0 = automatic settings) - Search area. width trend ( 0 = automatic settings) - Trend width. (true = closed bars on direction trend),(false = just closed bars for line) - true = closure of candlestic
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      This unique indicator automatically builds Wolfe Waves and features a highly efficient trading strategy.   Use If number 5 appears, wait till the first candle is closed behind Moving Average, then look at the three center lines showing what lot volume should be used if the fifth dot crossed the line 25%. The candle is closed behind Moving Average, and then we open a trade with the lot: = (Let's apply the lot of, say, (0.40), divide it into four parts and open a quarter of the lot (0.10)). If the
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      Ruslan Pishun
      2.25 (4)
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      Ruslan Pishun
      5 (1)
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      Ruslan Pishun
      5 (1)
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      This indicator shows the time before the new bar or candle opens. Examples of how much is left before a new bar opens: An example for the M1 timeframe: 05 = 05 seconds. An example for the H1 timeframe: 56:05 = 56 minutes and 05 seconds. An example for the D1 timeframe: 12:56:05 = 12 hours, 56 minutes and 05 seconds. An example for the W1 timeframe: W1(06): 12:56:05 = 6 days, 12 hours, 56 minutes and 05 seconds. МetaТrader 5 version:  https://www.mql5.com/en/market/product/13602 Settings color_ti
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      Ruslan Pishun
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      Ruslan Pishun
      5 (1)
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      Ruslan Pishun
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      Ruslan Pishun
      5 (1)
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      Ruslan Pishun
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      Ruslan Pishun
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