Starlight MT4

What is Starlight MT4?

• Starlight MT4 is a cutting-edge, low-risk night scalper designed for the MetaTrader 4 platform.
• It utilizes a unique entry algorithm that sets it apart from traditional night scalpers.
• Years of live trading experience have informed its mean-reverse strategy, ensuring it only employs the best pairs and techniques.
• The system aims to keep risks and drawdowns as limited as possible while capturing profits efficiently. 🌙

Key Features of Starlight MT4

• News Filter: Avoids trading during high-impact news events to minimize volatility risks.
• OneChartSetup: Allows traders to manage multiple pairs from a single chart, streamlining the trading process.
• Individual Performance Monitor: Automatically adjusts risks based on each pair's performance, optimizing profitability.
• Correlation and Swap Filters: Prevents excessive exposure during trading and avoids high swap-cost days.
• Extreme Low Drawdowns: Compared to other night scalpers, it maintains exceptionally low drawdowns. 🌟

Recommended Currency Pairs

• EURUSD
• GBPUSD
• AUDCAD
• EURAUD
• EURCAD
• GBPAUD
• GBPCAD
• USDCAD
• EURGBP
• USDCHF
• GBPCHF
• EURCHF
• CHFJPY

User Reviews and Feedback

• Some users report Starlight being a valuable addition to their portfolio, commending its ability to control drawdown and frequently push small profits.
• Others appreciate the developer's support and responsiveness, highlighting that broker selection can significantly impact performance.
• A few users have expressed frustration if the EA does not perform as expected, but overall, it garners a mix of positive feedback. 😊

Setting Up Starlight MT4

• Attach the EA to a EURUSD M5 chart.
• Set parameters such as OneChartSetup = true to activate the multi-pair management feature.
• Choose the appropriate lot size according to your risk management strategy, as detailed in the manual.
• Utilize a decent ECN broker to optimize night scalping performance.