MoonLightEA is a multicurrency night scalper with a strict stop loss.
- No martingale, no averaging, no grid
- 15 currency pairs (AUDCAD, AUDJPY, CADCHF, CADJPY, EURCAD, EURCHF, EURGBP, EURJPY, EURUSD, GBPCAD, GBPCHF, GBPJPY, USDCAD, USDCHF, USDJPY)
- Minimum deposit - 100$
- Minimum lot - 0.01
- Minimum leverage - 1:100
- Timeframe M15
- Recommended types of accounts - ECN and NDD (standard and cent accounts not recommended)
- News filter (required indicator ffcal.ex4)
- Working time - 5 nights per week, starting with a night on Monday and finish on Friday night
- EA does not require optimization
Brief description of the EA:
Each currency pair opens its own order, which does not depend on orders for other pairs. Orders are opened based on the current spread and signal of EA. Accordingly, depending on the broker and the conditions provided, deals may differ from our official monitoring.
- OrdersComment - EA comment
- MagicKey - the number to calculate Magic using number generator. When you run the EA on several different pairs, magic number will be assigned automatically for orders of each pair.
- TimeShift - trading time shift on the broker's server with respect to GMT.
- FixLots - traded lot size for a fixed lot.
- AutoMM - calculation of traded lot in the AutoMM lot. Recommended value is in the range of 3-5.
- Manual_SL_TP - false/true. The manual installation of SL and TP levels (if these parameters are changed, results similar to official monitoring can not be guaranteed, since it uses the default values).
- Manual_TakeProfit - manually setting the level of TP.
- Manual_StopLoss - manually setting the level of SL.
- MaxSpread - the maximum allowed spread. The default value is 0.0, which means that the EA uses spread settings from the code for each currency pair. See the maximum allowed spread in the EA info window (upper left corner of the chart).
- Slippage - Slippage.
- Use_NewsFilter - false/true. Use of the news filter. The news filter takes news from this site - forexfactory.com/calendar.php and stops the EA during important news releases.
Changes in the algorithm
Fixed some minor bugs.
Added protection from second and subsequent SL for any pair per night.
2. The Expert Advisor can be launched only on the right timeframe.
3. Simplified settings defining the EA operation time.
4. Added the ability to manually set TP and SL.
2. The settings became more simple.