TwilightTrade SEES EA

The TwilightTrade SEES EA is an automated trading system that has been designed to work with MetaTrader 4. It is based on a level trading strategy that combines price action and some of MetaTrader 4’s standard indicators. This Expert Advisor is specifically designed to be used on the GBPUSD pair and on the M15 timeframe.

In this article, we will provide a comprehensive review of the TwilightTrade SEES EA, discussing its strengths, weaknesses, risk management, demo testing, and other important features. By the end of this review, readers will have a clear understanding of what the TwilightTrade SEES EA offers, and be able to make an informed decision on whether to use this EA for their trading strategy.

TwilightTrade SEES EA Strategy

TwilightTrade SEES is an automated Expert Advisor designed to work with MetaTrader 4. It is based on a level trading strategy that uses price action and some MetaTrader 4 standard indicators. The level trading strategy is a technical analysis method that involves identifying significant levels of support and resistance on a chart, and using those levels to enter and exit trades. In this strategy, the EA looks for the price to bounce off the support or resistance level, indicating a potential trend reversal or continuation.

TwilightTrade SEES EA
TwilightTrade SEES EA

The TwilightTrade SEES EA is designed to be used on the GBPUSD pair and on the M15 timeframe. It uses an automatic lot calculation based on the user’s risk per trade, allowing for customizable risk management. The system does not use grid, martingale, arbitrage, hedges, or tick scalping strategies, and is fully automatic.

The strength of the TwilightTrade SEES EA is its ability to use a level trading strategy to identify potential trend reversals or continuations, based on significant levels of support and resistance. Also, its avoidance of grid, martingale, arbitrage, hedges, or tick scalping strategies minimizes the risk of large drawdowns.


However, one weakness of the TwilightTrade SEES EA is its limited use on only one currency pair, which may restrict the potential trading opportunities available to the user. Additionally, the effectiveness of the level trading strategy may be impacted by sudden and unexpected market movements, such as news events or economic data releases.

It is also worth noting that the developer strongly advises using forex VPS hosting 24/7 to ensure that the EA operates consistently and effectively.

In terms of risk management, the TwilightTrade SEES EA allows for control of take profit and stop loss levels. As with any expert advisor, it is recommended to test the TwilightTrade SEES EA on a demo account before using it on a live trading account. This will allow the user to familiarize themselves with the functionality and performance of the EA, without risking any actual funds.

TwilightTrade SEES EA Features

  • It is an automated Expert Advisor designed to work with MetaTrader 4.
  • The EA is based on a level trading strategy that uses price action and some MetaTrader 4 standard indicators.
  • It Identifies significant levels of support and resistance on a chart and uses those levels to enter and exit trades.
  • The EA is designed to be used on the GBPUSD pair and on the M15 timeframe.
  • It uses an automatic lot calculation based on the user’s risk per trade, allowing for customizable risk management.
  • The system does not use grid, martingale, arbitrage, hedges, or tick scalping strategies.
  • It is fully automatic, minimizing the need for manual intervention.
  • The EA allows for control of take profit and stop loss levels.
  • The developer strongly advises using VPS hosting 24/7 to ensure consistent and effective operation of the EA.

TwilightTrade SEES EA Settings

  • UseMM: Allows the EA to use the automatic lot calculation based on the user’s risk per trade (recommended setting).
  • Risk: Sets the percentage of account balance that the user is willing to risk per trade.
  • FixedLots: Sets a fixed lot size for each trade.
  • MaxLots: Sets the maximum lot size that the EA can use for any given trade.
  • MaxSpread: Sets the maximum allowed spread for the currency pair before the EA stops trading.
  • Slippage: Sets the maximum allowed slippage for trade execution.
  • See Strend: Enables or disables the trend filter based on a stochastic oscillator.
  • SeeSMove1: Enables or disables the trend filter based on a moving average.
  • MAFilter: Sets the period for the moving average used in the trend filter.
  • MAPeriod: Sets the period for the moving average used in the level trading strategy.
  • Reverse: Enables or disables the ability for the EA to open a trade in the opposite direction of the current position.
  • Add Positions: Enables or disables the ability for the EA to open additional trades in the same direction as the current position.
  • CloselfOpen: Enables or disables the ability for the EA to close all open trades when a new trade is opened.
  • One Side BuyOrSell: Enables or disables the ability for the EA to only trade in one direction (buy or sell).
  • MaxOrders: Sets the maximum number of open trades that the EA can have at any given time.
  • SeeSMaxOrdersbuy: Sets the maximum number of open buy trades that the EA can have at any given time.
  • SeeSMaxOrderssell: Sets the maximum number of open sell trades that the EA can have at any given time.
  • RiskClose: Sets the percentage of account balance at which the EA should close all trades.
  • ProfitClose: Sets the amount of profit at which the EA should close all trades.
  • Profit Percent: Sets the percentage of profit at which the EA should close all trades.
  • RISKCLOSEBUY: Sets the percentage of account balance at which the EA should close all buy trades.
  • BuyPercent: Sets the percentage of profit at which the EA should close all buy trades.
  • RISKCLOSESELL: Sets the percentage of account balance at which the EA should close all sell trades.
TwilightTrade SEES EA Settings
TwilightTrade SEES EA Settings

TwilightTrade SEES EA Summary

The TwilightTrade SEES EA is an automated Expert Advisor designed for MetaTrader 4. It uses a level trading strategy, price action, and standard indicators to trade the GBPUSD pair on the M15 timeframe. Its strengths include automatic lot calculation based on risk per trade, a focus on risk management, and no use of risky strategies. Its weakness is that it’s limited to only one currency pair and timeframe. It’s suitable for traders who want a fully automatic, risk-managed trading strategy for GBPUSD on M15. It’s recommended to demo test and apply good risk management settings when making use of this or any other EA.

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