Market / MetaTrader 5 / Experts /

Moon light drizzle

Demo downloaded: 11

Published: 15 October 2023

Current version: 1.0

Moon light drizzle

Experts
Abobakr Kamal Abobakr Baobaid
Version: 1.0
Activations: 5

Moon light drizzle an EA to approaches the realm of modularity. It is equipped with 3 moving averages, 1 RSI, and 1 ADX which each could be toggled on or off, or flipped for entering with trend or counter trend to try and find the optimal combination for each pair.

The bot can be run in grid based mode, martingale mode, or scalping mode based on the user's desire.

The EA also shines in the closing of trades territory, where it can be set up to calculate profits and losses based on multiple different criteria. It could go with a flat TP and SL, go with a calculation based on trades made that day, based on trades made that week, or all trades up until a certain price point. you can also go with a combination of TP options. one that works quite well is a flat TP with a daily limit.

For equity protection, it can calculate the amount of accrued losses and stop the bot from trading at a certain loss, you can then set up to start after a week (say markets calmed down), after a day, immediately, or simply remove the EA from the chart for you to go and handle it manually.

Another good feature is the use of an account stop loss and take profit, these prove particularly handy when running challenges on this EA. It allows it to remove the EA when it reaches a certain profit or a certain loss according to the user's choosing.

lastly, there are a plethora of scheduling options available. to have it trade on certain days of the week, start or stop trading at certain times of the day, or even a session mode where you can decide what the session that your bot will be trading in to allow for easy trading in foreign markets.

Any feedback or features suggestions are always greatly appreciated. I am always working hard on making the user have a better experience.

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