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Recruitment of participants Luna MT4

Discussion in 'Expert advisors, trading robots, MT4 experts' started by GOODMEN, May 4, 2022.

Tags:
Stage:
Recruitment of participants
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61%
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  1. GOODMEN

    GOODMEN Administrator
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    #1 GOODMEN, May 4, 2022
    Last edited: May 28, 2022
    Luna
    V1.2

    Luna EA is a very effective night scalper. It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA.

    Since the EA is build upon existing technology that was developed over the years, the EA is already very advanced and has lots of smart features.

    Recommended pairs: GBPUSD;GBPCAD;GBPAUD;EURAUD;USDCAD;USDCHF;AUDCAD;EURCAD;

    Secondary pairs: EURUSD;EURCHF;GBPCHF; EURGBP;AUDUSD;AUDJPY;


    1.jpg

    Key features:

    • News filter -> prevent trading during high impact news events
    • OneChartSetup -> run all pairs from 1 single chart
    • Individual Performance Monitor: Each pair will automatically have it's risk reduced if it is not performing well, and again increased if it is again profitable.
    • Automated Lotsize -> based on accountbalance or on max risk per trade
    • Correlation filter -> prevent too much exposure for the same currencies
    • Spread filter -> filter out trades during high spread moments
    • Swap filter -> prevent trading during high swap-cost days
    • Rollover filter -> filter out pairs which could have big slippage during rollover
    • Automatic splitting-up of lotsize to limit slippage when trading big accounts
    • Safety first -> Every trade has a stoploss and uses various technique to limit the loss.
    • This EA does not use risky trading techniques like martingale, grid without stoploss, etc..

    How to backtest the EA:

    • It is highly recommended to use MT5 for backtesting. That way you can simulate the portfolio of all 8 pairs trading together with compounding effect. Also, MT5 uses high quality tickdata with variable spread
    • On MT5 -> Run the test on EURUSD M5, enable the OneChartSetup in the parameters, set the risk as you want, and select a high quality testing (minimum 1minute OHLC)
    • On MT4 -> Run the test on each individual pair on M5 timeframe. Select risk and use "every tick" for testing quality
    • A full list of the parameters and their desciption can be found Please login or register to view links.

    For the AutoGMT and news filter to work: it is important to add these 2 URL's to the "allowed URL's" in the MT4/MT5 settings (Tools -> Options -> Experts):

    • https: //ec.forexprostools.com/
    • https: //www. worldtimeserver.com/
    • (remove the spaces!)

    How to set up the EA for live trading:

    • Add the 2 URL's as explained above
    • Open a EURUSD M5 chart (if your broker uses a suffix, run on a chart with that suffix! (for example: EURUSDm or EURUSD.ecn)
    • Attach the EA to the chart and in the parameters, set OneChartSetup = true
    • Set the lotsize to your desired risk (see Please login or register to view links for more details)
    • Night scalping requires a decent ECN broker. For recommendation, contact me in PM.

    dll msimg32

     
    sebzhd likes this.
  2. Endor

    Endor New Member

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    There is no difference when comparing LUNA and The Reaper EA. It's another night scalper strategy which is no longer profitable. This is probably a quick replacement because The Reaper EA has stopped selling well and clients complain.
     
  3. philip666

    philip666 Member

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    you havnt tried it and you think they are same, lol
     
  4. Endor

    Endor New Member

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    The backtest is always beautiful as always but the real account is completely different. Of course, it is not available now.
     
  5. philip666

    philip666 Member

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    thats the things of his old ea, you cant ensure it is that bad everytime, the cost is low as we are club buying it, so I wont judge it like you as I haven't tried it yet
     
  6. philip666

    philip666 Member

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    upload_2022-5-5_11-41-12.png
    bump, result from a actual user
     
  7. jimmy

    jimmy Member

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    no live signal?
     
  8. Hartmann

    Hartmann Member

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    Please login or register to view links
     
  9. Endor

    Endor New Member

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    Please login or register to view links
    Please login or register to view links

    There are minor differences but Luna trades just like Reaper.
     
  10. sebzhd

    sebzhd Member

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    here is myfxbook, not bad vs Reaper
    Please login or register to view links
     
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  11. Admin

    Admin Administrator
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  12. Zsolt Onodi

    Zsolt Onodi Member

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  13. sebzhd

    sebzhd Member

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    Luna better entry. Wim said in Telegram that it will update Reaper soon.

    Luna has update 1.1:
    Version 1.1 2022.05.04
    Version 1.1
    - fixed "current lotsize" issue in infopanel
    - fixed issue when running without OneChartSetup
    Please login or register to view links
     
  14. sebzhd

    sebzhd Member

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  15. Zsolt Onodi

    Zsolt Onodi Member

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  16. Zsolt Onodi

    Zsolt Onodi Member

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    Up! Live signal : Please login or register to view links
     
  17. Zsolt Onodi

    Zsolt Onodi Member

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  18. Zsolt Onodi

    Zsolt Onodi Member

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    5 to go! Up :-D
     
  19. Zsolt Onodi

    Zsolt Onodi Member

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  20. Yusha

    Yusha Member

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Realised LUNA - Same author of reaper EA Requests for joint purchases May 4, 2022
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