Description

Eclipse Trading EA: A Complete Guide for Safe & Steady Scalping

Eclipse Trading EA – The Simple Way to Trade Forex & Gold on Autopilot

Table of Contents

1. Quick Intro Eclipse Trading EA
2. How Eclipse Trading EA Works
3. Core Features at a Glance
4. Default & Custom Settings Explained
5. Step-by-Step Installation (MT4 & MT5)
6. Best Pairs, Timeframes & Brokers
7. Back-Test & Forward-Test Results
8. Risk Management Tips
9. Eclipse Trading EA vs. Other Scalpers
10. Frequently Asked Questions
11. Final Thoughts & Next Steps

Quick Intro

Welcome! I’m pleased to introduce my latest automated trading robot, Eclipse Trading EA. Built around a Price Action scalping method, the expert advisor (EA) looks for very small, high-probability moves on Forex and Gold. It then manages open trades with a mix of hidden stop loss, trailing stop, and time-based exits. The result is a strategy that aims for an 80 % win rate while trying to keep drawdown low.

How Eclipse Trading EA Works

1. Price Action First

The EA scans the chart tick by tick and reads raw price data—no lagging indicators. It spots short bursts of momentum, then enters with tight stops.

2. Scalping Logic

Once a signal appears, the trade usually aims for a 3–10 pip move. Because the target is small, execution speed and spread size matter. That’s why an ECN account with low spreads is recommended.

3. Smart Exit Module

Trading rarely goes 100 % to plan. Eclipse Trading EA therefore:

• Sets a Hidden Stop Loss so the broker does not see it.
• Moves a Trailing Stop (15 points) behind price after a small profit is locked.
• Uses a “breakeven” rule to remove risk fast.
• Closes or hedges floating positions if market flow changes, reducing large drawdowns.

All of this happens 24 hours a day, 5 days a week while you go about your day.

Core Features at a Glance

Default & Custom Settings Explained

Below is a plain-English guide to each input you’ll see inside the EA:

1. Spread Limit (30–50)• If the spread is bigger than this limit at order time, the EA will skip the trade.• For Gold, set the limit closer to 50; for EURUSD, you can go as low as 30.
2. Money Management (MM: True/False)• True: Lot size adapts to account balance.• False: Use a fixed lot, defined in “Manual Lot Size.”
3. Risk (1.0–3.0)• Works only when MM = True.• “1.0” means roughly 1 % of balance per trade.• Conservative traders stick to 1.0–1.5; aggressive users may go to 3.0 at their own risk.
4. Manual Lot Size (0.01)• Used when MM = False.• Good for nano accounts or users who prefer total control.
5. Trailing Stop (15)• Once price moves the set number of points in profit, the trailing stop kicks in.• A smaller value can secure gains faster but may get hit by random noise.
6. Magic Number (12345)• Keeps order IDs unique so you can run multiple strategies on one terminal.

Step-by-Step Installation (MT4 & MT5)

1. Download the EclipseTradingEA.ex4 (for MT4) or EclipseTradingEA.ex5 (for MT5).
2. Open your MetaTrader platform.
3. Click File > Open Data Folder.
4. Navigate to MQL4 > Experts (or MQL5 > Experts) and paste the file.
5. Restart MetaTrader or hit Ctrl+R to refresh the Navigator panel.
6. Drag Eclipse Trading EA onto a M5 chart of your chosen pair.
7. Tick “Allow live trading” and select your settings.
8. Press OK. The smiling face in the top right corner of the chart should appear.

That’s it. The EA will start scanning the next tick.

Best Pairs, Timeframes & Brokers

Recommended Pairs

• XAUUSD (Gold)
• EURUSD
• GBPUSD
• USDJPY
• AUDUSD
• USDCAD
• And 23 other low-spread majors/minors

Timeframes

• M1 (1-minute) – best precision, higher trade frequency
• M5 (5-minute) – smoother trading, fewer false entries

Broker Checklist

1. ECN or RAW account type
2. Spread under 0.5 pips on majors during London/New York session
3. Low commission (≤ $7 per lot round-turn)
4. Fast execution (< 100 ms)
5. Free VPS or allow third-party VPS

For broker research, you may find Forex Peace Army and Myfxbook Broker Comparison useful.

Back-Test & Forward-Test Results

Note: Results below were run on EURUSD and XAUUSD with Tick Data Suite 99.9 % quality, spread 30 points, commission $7/lot.

A small $200 account using 1.0 % risk would have grown to roughly $510 within a year on EURUSD alone. Results vary by broker, liquidity and slippage. Always run your own test before going live.

Risk Management Tips

1. Start with risk = 1.0 until you feel comfortable.
2. Withdraw profits every month. Compounding is tempting, but cash in hand reduces stress.
3. Keep trading on a VPS. Sudden PC shutdowns can leave trades unmanaged.
4. Run the EA on no more than 10 pairs at once if your PC/VPS is low spec.
5. Pause during major news (Non-Farm Payroll, FOMC, CPI) to avoid spreads above limit.

If you’re new to risk control, this primer from Babypips explains the basics in clear language.

Eclipse Trading EA vs. Other Scalpers

Because Eclipse does not rely on grid or martingale, large account wipes are less common than with many high-risk EAs.

Frequently Asked Questions

Q1. Does Eclipse Trading EA work on MT5?Yes. Both MT4 and MT5 builds are available.

Q2. Will it work on a Mac?If you install MetaTrader through Wine or use a cloud VPS, the EA runs fine.

Q3. Is the 80 % win rate guaranteed?No trading system can guarantee future performance. Historical win rate is a guide, not a promise.

Q4. Can I run two EAs on one account?Yes, but set different Magic Numbers to avoid conflicting orders.

Q5. Does it hedge?The default logic closes, rather than hedges, losing trades. An optional hedge module is in beta.

Final Thoughts & Next Steps

Eclipse Trading EA offers a simple route into automated scalping. With a clear Price Action core, hidden risk controls, and adjustable money management, the expert advisor fits both newcomers and seasoned traders aiming for steady, small wins.

To try Eclipse Trading EA:

1. Download the demo and run it in Strategy Tester.
2. Open a low-spread ECN account with at least $200.
3. Use risk = 1.0 % and monitor results for two weeks.
4. Only then consider moving to a live account.

Ready to put Eclipse Trading EA to the test? Check our full setup guide, performance updates, and user community in the Eclipse Trading EA Hub.

Happy trading, and may your spreads stay tight!

Vendor Site – Click Here