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SunLight EA

This is a fully automated scalper Expert Advisor using the strategy based on price level breakthroughs. It has been developed specifically for low-spread accounts and five-digit quotes.

The trading robot is easy to use and features a small number of settings. The default settings are optimized for trading EURUSD. However, the EA also works on other symbols after a proper optimization.

The product requires a low-spread ECN broker with accurate order execution.


Features

  • The EA does not use martingale, hedging and different kinds of grid;
  • All trades are protected by a short stop loss;
  • Trading is performed by pending orders only;
  • The ratio of TakeProfit to StopLoss parameters is approximately 2 or higher;
  • The EA works around the clock and does not use the time filter, thus simplifying setup;
  • The EA does not require a huge deposit;
  • A lot is calculated dynamically depending on available funds;
  • A fixed lot size can be used for each trade;
  • There is no need to stop the EA before critical news releases.
  • The EA works with five-digit quotes.
  • The EA works on any timeframe.

The minimum deposit is 50 USD on a standard account and 10 USD on a cent one.


Parameters

  • Risk Factor - risk value used to calculate a dynamic lot;
  • Fixed Lot - fixed lot. If 0, the EA uses the dynamic lot;
  • #1 Take Profit - profit for order #1, in points;
  • #1 Stop Loss - allowable loss for #1, in points;
  • #1 Index - period, on which the search for order #1 is performed;
  • #1 Lifetime - pending order #1 lifetime;
  • #1 Interval - minimum interval between price and level for #1;
  • #2 Take Profit - profit for order #2, in points;
  • #2 Stop Loss - allowable loss for #2, in points;
  • #2 Index - period, on which the search for order #2 is performed;
  • #2 Lifetime - pending order #2 lifetime;
  • #2 Interval - minimum interval between price and level for #2;
  • Text Color - color of displayed data;
  • Background Color - color of the background for displayed data;
  • Slippage - maximum allowed price slippage in points;
  • Magic Number - unique number of the Expert Advisor's orders (any number).

If you have any questions, please send me a private message. I will be glad to help you.

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