The Silver Moon EA for Metatrader 4 is a profitable expert advisor that opens trades when price closes above or below predetermined price levels.
The EA works on price action only and does not use lagging indicators.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
The Silver Moon EA works best on the M5 and M30 chart, however, you can test it on any time frame of your preference.
Download the “EA Silver Moon_fix.ex4” expert advisor
Find below the Silver Moon EA performance chart (click on the picture for full size view).
The EA made an amazing $91K profit during the testing period.
- The number of profitable trades: 66.4%
- The number of loss trades: 33.6%
- Trading activity: 94.7%
Download This Expert Advisor
Download the “EA Silver Moon_fix.ex4” EA
Recommendations & Specifications
- Trading instruments: Any low spread currency pair
- Time frames: M5 – M30 (works on any time frame)
- Minimum account balance: $50
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
The picture below shows the Silver Moon EA attached to the EUR/USD M5 chart.
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Lot, auto MM, risk percentage, magic, stop loss, take profit
How to install and run the Silver Moon EA?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the EA Silver Moon_fix.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Silver Moon EA!