Luminar EA V1.0 MT5

Luminar EA V1.0 MT5 — Hybrid Liquidity & Price Action AI

Platform: MetaTrader 5 (MT5)
Primary Instruments: XAU/USD (Gold) + selected major forex pairs
Timeframe: H1 (default; scalable for testing)
Style: Hybrid — Price Action + Adaptive Liquidity + Correlation Scanning

Luminar EA V1.0 is an advanced hybrid Expert Advisor designed for traders who want more than simple indicator triggers. Built for MT5, it fuses price action logic, adaptive liquidity mapping, and multi-level filters, while also monitoring cross-asset correlations to confirm or reject trades. This extra depth helps filter out false setups and trade only when conditions across markets align.

Key Features

• Price Action Core
  The EA reads market structure, swings, and breakouts to anticipate where momentum is likely to continue.
• Adaptive Liquidity Analysis
  Identifies liquidity pockets, supply/demand imbalances, and institutional order zones, adapting stops and targets dynamically to market conditions.
• Multi-Level Filtering
  Trades are only taken if they pass layered checks:
• Price action confirmation
• Liquidity validation
• Trend/volatility filters
  This avoids overtrading in choppy conditions.
• Correlation Scanning
  Evaluates cross-asset impact:
• Gold correlated with USD strength/weakness
• FX majors vs. DXY/indices
• Metals and indices interplay
  Ensures trades are aligned with macro flows, not just local signals.
• Instrument Flexibility
  Optimized for XAUUSD H1, but also compatible with EURUSD, GBPUSD, USDJPY, and other majors.
• Scalable Testing
  While H1 is default, traders can test on M30 or H4 to balance frequency vs. confirmation.

Why Luminar EA Is Unique

• Not just a single-pair bot → considers cross-market behavior before acting.
• Filters false signals by requiring price + liquidity + correlation agreement.
• Dynamic risk logic → adapts SL/TP sizing to current liquidity ranges, not fixed pips.
• Built for Gold volatility → thrives on XAUUSD’s liquidity-driven price action.

Recommended Settings

• Symbol: XAUUSD + selected majors (EUR/USD, GBP/USD, USD/JPY)
• Timeframe: H1 (default; test scalability)
• Risk Settings:
• 0.5%–1% risk per trade
• ATR or liquidity-based SL
• Dynamic TP (1.2R–2R)
• Account Type: ECN/Raw Spread preferred
• Leverage: 1:100–1:500
• VPS: Recommended for 24/5 uptime and stable execution

Installation (MT5)

1. Copy EA file into MQL5/Experts → restart MT5.
2. Open chart (XAUUSD or major pair) on H1 timeframe.
3. Drag Luminar EA V1.0 onto the chart.
4. Enable Algo Trading.
5. Adjust inputs:
6. Risk %
7. Liquidity filter sensitivity
8. Correlation settings
9. Session filters (optional)
10. Run demo forward-test before going live.

Example Workflow

1. EA scans XAUUSD H1 chart.
2. Confirms breakout structure via price action.
3. Validates liquidity → checks if trade would run into nearby supply/demand zone.
4. Runs correlation scan (e.g., USD strength vs. DXY, indices behavior).
5. If conditions align → places trade with dynamic SL/TP.
6. If not → logs setup and skips trade.

Pros & Cons

Pros

• Advanced filtering (price + liquidity + correlation)
• Gold-optimized with flexibility for majors
• H1 balance of trade frequency and confirmation
• Dynamic SL/TP sizing improves adaptability
• Less curve-fit prone due to macro checks

Cons

• Complex logic = fewer trades (quality > quantity)
• Requires VPS for smooth execution
• Correlation scanning adds overhead; needs reliable data feed

FAQ

Can it be used on crypto or indices?
Not primarily, but correlation scanning considers indices → you can experiment with major indices.

Does it use martingale/grid?
No. Single-trade logic with dynamic stops and fixed risk.

Best deposit size?
At least $500 for micro-lots; $1,000+ recommended for stable performance.

Is it prop-firm friendly?
Yes — no martingale, no grid, strict risk control.

Does it need optimization?
Defaults are solid for XAUUSD H1. Testing on other majors is advised.

Final Thoughts

Luminar EA V1.0 MT5 is a next-gen hybrid Expert Advisor that blends price action, liquidity mapping, and correlation awareness. Built for XAUUSD on H1, it’s flexible enough to handle major forex pairs and scalable to other timeframes. For traders who want fewer but higher-quality trades backed by macro alignment, Luminar is a powerful addition to the toolkit.

Risk Disclaimer: All trading involves risk. Past performance does not guarantee future outcomes. Always test in demo before live deployment.

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