SpotLight EA

This is a multi-strategy EA. In the night scalping mode, the filters filter a trend-free range market environment and trades are placed in the opposite direction at the edges of the range. With an additional main trend filter in the trend-following mode, you can also trade pull-backs during trends on the day.

Inputs‌

• UseDrawDown if true then drawdown mode is active
  
• MaxAllowedDrawDown close all trades if drawdown more then x %
  
• Trading Hour Start EA operation start hour
• Trading Minute Start EA operation start minute
• Trading Hour End EA operation end hour
• Trading Minute End EA operation end minute
• Use Close Time Mode if true then close time mode will be taken into account in trading
• Close Hour hour, in which the EA closes open trades
• Close Minute minute, in which the EA closes open trades
• Allowed Spread max allowed spread
• Slippage max allowed slippage
• Use LotMultiplier true means trading with martingale feature
• LotMultiplier factor for determining how much the lot size should be increased
• Use Money Management true means trading with automatic lot size calculation
• fixed LotSize if Money Management is false then trade with this fixed lot size
• Risk automatic lot size calculation
  
• max Lotsize max allowed lot size per trade
• Magic Number buy magic number buy trade
• Magic Number sell magic number sell trade
• Order Comment set your trade comment
• UseGridFilter if true then GridLevel mode is active
  
• GridLevel distance between following trades in points
  
• Use Swap Filter if true then the swap will be taken into account
• Minimum Swap choose minimum swap value
• YMinutesRange amount of time in minutes to midnight, in which the swap should be taken into account
• Trend Filter Period M5/M15/H1 period trend filter timeframe M5/M15/H1
• RSI Filter Period period RSI indicator
• Indicator Buy Value min RSI value to open buy trades
• Indicator Sell Value max RSI value to open sell trades
• Vola Filter Period period volatility filter
• Vola Filter min min allowed value volatility filter
• Vola Filter max max allowed value volatility filter
• Bandwidth Filter min min allowed value bandwidth filter
• Bandwidth Filter max max allowed value bandwidth filter
• Use Maintrend Filter if true then both main trend filters are active
  
• Maintrend Period fast fast period of the first main trend filter
• Maintrend Period slow slow period of the first main trend filter
• Maintrend Filter Period period of the second main trend filter
• Maintrend Filter min min allowed value of the second main trend filter
• MaxOpenTrades max allowed number of buy or sell trades
• TradesFrequencyMins time interval in minutes between opening trades
• Use virtual TP an SL true means in addition to the existing fixed TP and SL value per trade, a common virtual TP and SL value is determined for all open trades
• virtual SL value virtual Stop Loss in points
• virtual TP value virtual Take Profit in points
• TP Factor factor to determine the Take Profit and depends from vola filter
• SL Factor factor to determine the Stop Loss and depends from vola filter
• TP min in Points min Take Profit in points
• TP max in Points max Take Profit in points
• SL max in Points max Stop Loss in points
• Use Safe Mode false means trading without safe mode indicator
• Safe Mode Indicator Period safe mode indicator period
• MondayAM true if true then trading Monday AM
  
• MondayAMStartTime start time trading Monday AM
• MondayAMEndTime end time trading Monday AM
• MondayPM if true then trading Monday PM
• MondayPMStartTime start time trading Monday PM
• MondayPMEndTime end time trading Monday PM

Day filter settings for other days are similar

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