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Starlight MT5, a sophisticated night scalper for Forex trading, is currently available for a special price of $349. This advanced trading tool is designed with a unique approach to the entry algorithm, setting it apart from other night scalpers in the Forex software market.
Unique Approach to Night Scalping
Starlight MT5 is developed using years of live trading experience with the mean-reverse strategy. Its intelligent design includes a selection of the best pairs and techniques, offering advanced Forex market analysis. The software is designed to keep risk and drawdowns as limited as possible, making it an attractive option for traders looking to minimize potential losses.
Smart Features of Starlight MT5
This Forex software is equipped with numerous smart features. One of these is the News filter, which prevents trading during high impact news events. The OneChartSetup feature allows all pairs to run from a single chart, simplifying the trading process.
Starlight MT5 also includes an Individual Performance Monitor. This feature automatically reduces the risk for each pair that is not performing well, and increases it again when it becomes profitable. Other features include the Correlation filter, which prevents excessive exposure for the same currencies, and the Swap filter, which avoids trading during high swap-cost days.
Setting Up Starlight MT5 for Live Trading
Setting up Starlight MT5 for live trading involves several steps. First, users need to add two specific URLs, as explained in the software manual. Next, they need to open a EURUSD M5 chart and attach the EA to the chart. In the parameters, users should set OneChartSetup to true and adjust the lotsize to their desired risk level.
It’s important to note that night scalping requires a decent ECN broker. More information on this can be found in the Starlight MT5 manual.
How to Backtest Starlight MT5
Backtesting Starlight MT5 is highly recommended and can be done using MT5 to simulate the portfolio of all pairs trading together with compounding effect. Users can run the test on EURUSD M5, enable the OneChartSetup in the parameters, set the risk as they want, and select a high-quality testing (minimum 1minute OHLC).
What is the final price of Starlight MT5?
The final price of Starlight MT5 is $999. However, there is currently a promotion where it is available for $349.
What pairs does Starlight MT5 recommend?
Starlight MT5 recommends pairs such as EURUSD, GBPUSD, AUDCAD, EURAUD, EURCAD, GBPAUD, GBPCAD, USDCAD, EURGBP, USDCHF, GBPCHF, EURCHF, and CHFJPY.
Where can I see independent testing of Starlight MT5?
Independent testing of this product can be viewed on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product.
We invite readers to share their experience of using this product. Remember, this is an independent product review and we value your input. Please share your thoughts and experiences in the comments section below.