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Luminary is an MT4 expert advisor designed for EURUSD on the one-hour chart. It combines several rule sets built on standard indicators and price patterns, with inputs for lot sizing, stops, trading hours and spread protection.
Get one message the moment it launches, with its price.
Luminary is an expert advisor for MetaTrader 4 that trades EURUSD on the one-hour chart. Rather than relying on one entry rule, it combines several rule sets built from standard indicators and price patterns, so that it can act in trending, volatile and range-bound conditions.
The advisor evaluates the H1 chart and places entry orders when one of its rule sets signals. Each trade can carry a take profit, a stop loss, an optional trailing stop and an optional breakeven move, all set in pips. You can limit the number of open positions and choose whether an open trade is closed when a signal in the opposite direction appears.
The developer describes the approach as free of martingale and grid averaging. This store lists grid among its tags, so you should observe how the advisor behaves in testing and on a demo account, and use the Max Positions input to keep exposure within a level you accept.
The logic was designed around EURUSD price behaviour. Other pairs are outside its intended use.
The inputs fall into a few groups. Exact default values can differ, so check them in the input window after you attach the advisor.
| Input | Purpose |
|---|---|
| Use Money Management / MM Risk Setting | Automatic lot sizing from a risk setting |
| Fixed Lot Size | Lot size used when money management is off |
| Max Positions | Upper limit on open trades |
| Close On Opposite Signal | Closes a buy on a sell signal and the reverse |
| Target Profit / Stop Loss | Take profit and stop loss in pips |
| Trailing Stop / Trail Step | Trailing distance and step in pips |
| Break Even Activation Pips / Pips to Lock In | When breakeven starts and how much profit it locks |
Automated trading can lose money, including when stops are used. Slippage, wide spreads and gaps can make results differ from a backtest. Test on a demo account first, and size positions so that a losing run does not threaten your account.
Trading carries risk, and past results, including backtests, do not predict future ones. Only trade with money you can afford to lose.
For continuous operation, many users run the terminal on a VPS. Choose a broker with low EURUSD spreads and check that its server time matches the Time Choice you select.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Signals, Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Intended symbol | EURUSD |
| Intended timeframe | H1 (one hour) |
| Trade style | Multi-strategy, trend and range signals, pending entry orders |
| Position sizing | Risk-based automatic lots or fixed lot |
| Protection inputs | Max spread, 1-minute spike limit, timeout, trading hours |
| Requirements | Algo trading enabled; terminal or VPS running continuously |
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It is an MT4 expert advisor and will not load in MetaTrader 5. If you use MT5, look for a separate MT5 product instead of trying to convert this one.
It is designed for EURUSD on the H1 chart. Running it on other symbols or timeframes is outside its intended use, and you would need to test that carefully yourself before using it on a live account.
The developer describes it as not relying on martingale or grid averaging, and the Max Positions input limits how many trades can be open together. Because this store lists grid among its tags, confirm the behaviour on a demo account and in the Strategy Tester before trading real money.
The developer states that FIFO-related settings are included. Check the input list in your copy and confirm with your broker that the order handling meets its rules before you go live.
Copy the downloaded files into the MQL4 folder via File, Open Data Folder, then restart MetaTrader 4. Drag Luminary from the Navigator onto an EURUSD H1 chart and make sure algo trading is switched on.
Start with a demo account and a small fixed lot or a low risk percentage. The best values depend on your broker's spreads, execution and time zone, so review each input and test before changing anything on a live account.
Luminary
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