Trading Robots for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
EA product "Moon light"
- Intended for short-term operation of about 1 to 2 weeks
- Set target amount by "Shutdown target profit" and close position and stop operation when it is reached
- No TP is set and profit is confirmed only by trailing stop of SL
- Entry point is determined locally as follows
- Average 7 DOWN < Buy_differential
- iOpen DOWN DOWN DOWN UP > Buy_differential2 = BUY
- Average DOWN DOWN UP > Buy_differential2 = BUY
- Mid price 2 step 6 UP < sell_differential && iHigh(1) > currentRate_bid
- iHigh UP UP UP DOWN > Sell_differential2 = SELL
- iOpen(1) - iClose(1) > (2) - (2) * 3 > Sell_differential or iClose(1) - iOpen(1) > (2) - (2) * 3 > Buy_differential
- You can select the default behavior of closing SELL positions when a BUY order is placed, and closing BUY positions when a SELL order is placed.
- When a cross is detected by the MA, it forces the closing of SELL positions (golden cross) when a BUY order is placed for a certain period of time, and the closing of BUY positions (dead cross) when a SELL order is placed.
