LUNA FX

System Manual
 Risk warning

Before you begin trading on Real account please carefully consider your
investment goals, risk and experience you have. It should be noted that Forex is a
leverage based market. It should be remembered that leverage can work both in
your advantage and disadvantage as well. Therefore there is high risk of losing a
part or all of your financial input placed on your account and because of that you
should remember to trade with the amount of money which you can lose without
taking any influential financial damage.

Disclaimer

Signals generated by the system are not investment recommendations. All materials included
on the website, as well as all system components (indicators, instruction manual) are for
educational purposes only. Creators of the system will not take any responsibility for any
profit or loss/damage caused by using the system.

Copyright © 2023 www.lunafx.net All rights reserved.

Unless otherwise indicated, all materials on these pages are copyrighted.
All rights reserved. No part of these pages, either text or image may be used for any purpose
other than personal use. Therefore, reproduction, modification, in any form or by any means,
electronic, or otherwise, for reasons other than personal use, is strictly prohibited without
prior written permission.
1. Installation proces.

- Open your MT4

- Click ‘File/Open Data Folder’ from the top tab.

 - Copy templates files to the ‘Templates’ folder.

- Copy indicator files to the ‘MQL4>Indicators’ folder.

- Restart your MT4

 - Open your favourite chart. Press the right mouse button and pick
LUNAFX template.

LUNA-M1– is the fastest and most aggressive template. It provides faster

signals with increased risk. This mode is ideal for fast daytrading or scalping.

LUNA-M2– is the standard, balanced template. Moderate risk and moderate

signal speed. This mode is ideal for typical daytrading/swingtrading.

LUNA-M3- provides most conservative signals. The trend changes slowly and
allows for catching the bigger moves on moderate / higher TFs.
 HOW DOES IT WORK.
System provides very easy to read signals.
Green marks means BUY SIGNAL.
(when you will see green candles, it means that the current trend is bullish and
you can expect BUY signals only).
 Red marks means SELL SIGNAL.
(when you will see red candles, it means that the current trend is bearish and
you can expect SELL signals only).
 STOP LOSS
Stop loss order should be placed in the technically best place:

- the last swing high (for the SELL trade)

- last swing low (for the BUY trade)
- at the round number
- close to important support/resistance area.

WHEN TO CLOSE A TRADE

You can use simple RR ratios. After placing SL below/above

the last swing. Aim for the same amount of pips (TP1), or
double amount (TP2).
If you SL = 15pips. TP1 should be placed at +15pips, and TP2
at +30pips.
 TRADING DASHBOARD

An all-in-one indicator that provides at a glance alot of

information that would normally require many charts and
indicators and general screen clutter.
 The main features that you can use for trading:
- A graph of Stochastic Oscillators on timeframes M1 up to D1.

- An indication of the market trend using Moving Averages on timeframes M1 to D1.

- The direction of the MACD on the current chart, and crossing of the signal line and
zero line.

- The direction of a fast 3 period LWMA crossing a 5 period SMA (periods customizable).

- The direction of the Parabolic SAR on the current chart for giving the exit signal and
also confirmation for entry.

- An oscillating graph of the William's % Range indicator. This was used because of its
fast movement and unique predictive quality. Also because its very good for identifying
Overbought/Oversold conditions.

- A Bar % Increase/Decrease meter developed to give a direct visual representation of

the percentage rise or fall of the current price compared to the last 4 bars. It's simple
but effective. The gist of it is that the previous 4 bar movements (close to close) are
averaged and percentaged, so if the current bar rises above 100% it is speeding up
above the recent average, conversely if it drops below 100% it is slowing down and
taking on a more steady movement. Strong price movements are displayed in bright red
or green, with varying shades according to the strength of movement.

- The overall recommended signal to trade, based on the various indicator signals.

- And last but not least the spread of the currency, in big easy-to-see numbers.

- A History viewer in the form of a vertical line that can be dragged over previous bars
to bring up the history.

- A multi-timeframe Trend Graph showing the direction of 7 customizable Moving

Averages on 7 timeframes.

- An OB/OS Signal Map, showing the Overbought or Oversold signals from 7 different
oscillators/indicators on 7 timeframes.

- Customizable Overall Signal, using a combination of current and multi-timeframe

indicator signals.

- Price/Chart/Currency display that can be switched on or off.

- Switch between Default and Compact mode.

 Detailed explanation of the dashboard settings:
HISTORY LINE - Enables or disables the History Line. When dashboard is first loaded onto chart
you will see the History Line appear slightly ahead of the current time (when loaded manually,
not with the system template).

Double click on it and drag it across the previous bars to bring up the previous indicator values
in dashboard. You can delete the line at any time, but changing timeframes will make a new
one appear (only if one is not present). As long as the History Line is ahead of the current price
the current readings will be given, so if you're not using it its best to delete it until you need it
again, otherwise it will soon fall behind current time. It is still not perfect and misses bars past
the weekend mark, but is quite accurate for short term history. It is more accurate reading the
current indicators than the multi-timeframe indicators.

COMPACT MODE - Switches from the default full display to a smaller display. 1. The Trend
Graph or the OB/OS Signal Map are not available in compact mode.

DISPLAY PRICE/CHART/CURRENCY - The Price/Chart/Currency display can be turned on or off,

font size and colour are customizable.

USE MONTHLY CHART FOR OPTIONS - DisableMonthly disables Multi-Meter on the Monthly
chart so that Options can be accessed by pressing F7, or from the Expert Advisors menu.

PROCESSING LATENCY (SLEEP) - This is the value in milliseconds that the program loop is
stopped before restarting the cycle. Default is 100. It can be adjusted for optimizing the dash
to your computer. You can reduce the value for slightly more responsiveness of indi but go too
low and it will start flickering.

TREND-O-GRAPH - This graph shows trend waves of the short and longer term trend. Use
DisplayTrendGraph to toggle between the Trend Graph and OB/OS Signal Map. The Trend Graph
is displayed by default. The values for the 7 Moving Averages can be set here including the MA
Type (Simple, Exponential, Smoothed or Linear Weighted). Default is Smoothed.

OVERALL SIGNAL - The overall Signal can be configured to include or exclude the direction of
most of the indicators displayed. Current indicators are from the current chart and Multi-
timeframe indicators are the MAs from the Trend Bar. Choose which of these signals you want
to include or exclude. By default ALL Current indicators and NO Multi indicators determine the
signal.

OB/OS SIGNAL MAP - This graph displays 7 indicators plotted along 7 timeframes. All of them
except Bollinger Bands are Oscillators, and are commonly used for identifying
Overbought/Oversold conditions. The indicators are from bottom to top: MACD, Stochastic
Oscillator, William's % Range, Money Flow Index, Commodity Channel Index, Relative Strength
Index and Bollinger Bands.

If the price moves into an OB or OS zone a grey cross will appear indicating a reversal is
imminent. When the the price does reverse the cross will become Green for Buy or Red for Sell.

The more crosses the better if you a trading a reversal, as the OB or OS level is more
significant. The zone values are customizable, the default values are the most commonly used.

The OB/OS Signal Map should be used when the market is ranging sideways, as Oscillators are
not very reliable in strong trends. NOTE: The MACD Buy or Sell signal is the MACD crossing the
signal line, a grey cross appears if the MACD is falling above the signal line, or rising below the
signal line. The Bollinger Bands give a grey signal if the price has moved outside of the bands,
if the price reverses the Buy or Sell signal is displayed.

INDICATOR VALUES - Values here are for changing the MA-Xover signal, MACD signal, Parabolic
SAR signal, MA Trend Bar, W%R and Stochastics.
Interpretation of the Signals

1. Identify the longer term trend with the MA Trend Bar or Trend Graph. Check the PSAR
reading on the slower timeframes, ie. H1 to W1.
2. Identify the shorter term trend with the MA Trend Bar, Trend Graph, MACD, MA-X, and
P-SAR on the faster timeframes, ie. M1 to M30.
3. Use Stochastics, W%R and OB/OS Signal Map to identify Overbought/Oversold conditions
or even small oscillations in price.
4. Use the Bar % Meter for identifying an accelaration or decceleration of price movement.
5. MA-X will usually be the first signal after Bar % Meter to show a reversal of price
direction.
6. MACD will follow suit soon after which confirms the MA-X reversal.
7. P-SAR will follow after if the reversal is not false. It is most useful for confirmation and
especially exiting trades.
8. Overall Signal will combine the chosen indicators for trade entry confirmation.

A simpler approach might be... if everything is Green, BUY, if

everything is Red, SELL.

If you need any assistance let us know!

[email protected]