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Night Lottery EA

The Night Lottery EA is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and uses time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings.

Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex

Features

  • Fully automated
  • Not sensitive to spread
  • Risk Money Management
  • Always a stop loss in place
  • This system has the option to be NFA/FIFO compliant
  • All you need is a VPS


Input Settings

Order Settings

  • MagicOrderNumber - Unique number for the EA to identify its trades. Any integer.
  • Lots - Number of fixed lots per trade if money management is off. Values from 0.01 to 50.0.
  • Slippage - Slippage in pips. Values from 1 to 10.
  • MoneyManagement - If turned on trade lot sizes are calculated on account risk, true/false.
  • MoneyManagementRisk - Risk per trade if money management is on. Values from 0.01 to 0.1.
  • AllowNewTrades - Turn this of to disable new trades, true/false.
  • AccountProfitLock - If money management is on the EA will stop trading if the account balance drops to this fraction of the maximum account balance (0.5 = 50% of account balance). Values from 0.0 to 1.0.
  • NFA_FIFOCompliant - Turn this on if you need this to be NFA and FIFO compliant, true/false.

Entry Settings

  • TimeFrame - Timeframe drop-down selection to lock EA to a timeframe so that selection of the chart timeframe doesn't affect the EA. When testing ensure the tester timeframe is set to the same value.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • Reverse - If turned on trades are reversed, true/false.
  • TrendFilter - If turned on trades are filtered by trend direction, true/false.
  • TrendTimeFrame - Timeframe drop-down selection for the trend detection.
  • GMTOffsetHours - Offset in hours for your broker's time zone - Values -12 to 12.
  • StartCandleHour - Start bar hour - Values 0 to 24.
  • EndCandleHour - End bar hour - Values 0 to 24.
  • BreakEvenCandle - If turned on moves the take profit to break even on this candle, true/false.
  • BECandleHour - Break even bar hour - Values 0 to 24.
  • TakeProfit - The take profit (Setting to 0 disables). Values from 0 to 100 depending on the pair being traded.
  • InvisibleTakeProfit - The invisible take profit, this can be used instead of TakeProfit (Setting to 0 disables). Values from 0 to 100 depending on the pair being traded.
  • StopLoss - The fixed stop loss visible to the broker - Values 25 to 200 depending on the pair being traded.
  • RSIPeriod - The RSI period used as entry signal - Values 1 to 40.
  • RSIThreshold - The RSI threshold used as entry signal (Setting to 0 disables) - Values 0 to 40.
  • RSIThresholdBuy - The RSI threshold used as entry buy signal (Setting to 0 disables) - Values 0 to 40.
  • RSIThresholdSell - The RSI threshold used as entry sell signal (Setting to 0 disables) - Values 0 to 40.
  • RMIEntry - If turned on uses RMI as entry signal, true/false.
  • RMIPeriod - The RMI period - Values 1 to 40.
  • RMIMomPeriod - The RMI momentum period - Values 1 to 40.
  • ATRPeriod - The ATR filter period - Values 1 to 100
  • ATRThreshold - The ATR threshold in pips - Values 0 to 10
  • ATRFilterOnAveraging - If enabled applies the ATR filter on averaging trades, true/false.
  • MaxTradeCount - Maximum number of trades open - Values 1 to 10.
  • TradeGroupsPerNight - Maximum number of trade groups per night - Values 1 to 10.
  • TradeDayAfterLoss - If turned on trading will be disabled the day after a loss, true/false.
  • TradeAllOfFirstHour - If turned on ignores MaxTradeCount for the first hour of trading, true/false.
  • CloseAllPositions - If turned on closes all positions if an invisible take profit is hit, true/false.
  • CloseAllPositionsThreshold - The maximum number of trades to close. Values 1 to 100.
  • CloseOpposingPositionsOnSignal - If turned on closses opposing trades on signal, true/false.


Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of StartCandleHour, EndCandleHour, TakeProfit, StopLoss, RSIPeriod, MaxTradeCount and TradeGroupsPerNight are needed to find the best results.


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Vladislav Andruschenko
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FrankoScalp MT5
FrankoScalp MT5
Konstantin Kulikov
I have been developing, testing and correcting this automated scalping system for a long time:  https://www.mql5.com/en/signals/author/test-standart . Last settings for EA in the comment : #79   Telegram channel with news: https://t.me/EAFXPRO Telegram group for questions and discussion: https://t.me/EAFXPRO_chat Currency pairs for which sets are developed: USDCHF, EURCHF, CADCHF, USDCAD, EURUSD, EURGBP, EURAUD, EURCAD, GBPUSD, GBPAUD, GBPCAD, NZDCAD, NZDUSD, AUDUSD, AUDCAD, AUDJPY, CHFJPY
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Aura Turbo MT5
Aura Turbo MT5
Stanislav Tomilov
Price: $250 8 of 10 copies left at this price Next price $300 Live signal:   https://www.mql5.com/en/signals/954082     >>>>   Settings file with a Stop Loss Telegram channel:  https://t.me/aura_gold_ea Aura turbo is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter whose value is use
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London Pride EA MT5
London Pride EA MT5
Dmitrii Golubev
Live Signal   https://www.mql5.com/en/signals/943594     Telegram Channel     https://t.me/Successful_Forex_EA      Recommended VPS:  https://ruvds.com/pr5256     Recommended Broker:  https://ru.weltrade.com/?r1=ipartner&r2=36541     London Pride is a high-end, totally automated Expert Advisor specifically devised to trade with GBPUSD currency pair. It is ideal for working on M15 timeframe. The EA uses sophisticated machine learning and self-adaptive algorithms to bring your
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Sun AI MT5
Sun AI MT5
Arthur Hatchiguian
Sun AI  is an aggressive  scalper  that uses an algorithm generated by my own  machine learning  system.  It was built on more than 10 years of EURUSD history, which makes it reliable and accurate . The EA uses a  martingale system  to close positions. An  autolot & a security system  are integrated.  Current price  199 $ . Next price:   299$    ️  This EA only works for EUR/USD M1 ️ Recommended Broker :  ICMarkets The minimum deposit is  300$ (be careful to convert correctly for other
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AW Swing Trading EA MT5
AW Swing Trading EA MT5
Alexander Nechaev
An advanced tool for swing trading on corrective price movements. It works on trend rollbacks in the direction of its continuation, the size of the required correction is determined by the current volatility of the instrument or manually by the trader. After detecting a correction along the current trend, the EA waits for a signal to complete the correction and continue the trend, after which it opens a position. Instructions on how the advisor works -   https://www.mql5.com/en/blogs/post/742819
395 USD
NightVision MT5
NightVision MT5
Alexander Kalinkin
NightVision EA MT5  - is an automated Expert Advisor that uses night scalping trading during the closing of the American trading session. The EA uses a number of unique author's developments that have been successfully tested on real trading accounts. The EA can be used on most of the available trading instruments and is characterized by a small number of settings and easy installation. Live signal for NightVision EA:    https://www.mql5.com/ru/signals/author/dvrk78 Recommended FX broker :  IC M
349 USD
Double Impact mt5
Double Impact mt5
Evgenii Aksenov
One Copy left for $299 !!! Next price $399  Monitoring deals:     here         Our programs :   here        Subscribe to our  Telegram   We would like to introduce an Expert Adviser for two popular indicators  TrendLine PRO :   download     and  Profit Zone :     download      The main advantage of this EA is the presence of a trading panel that allows you to control the direction of trade (only BUY/only SELL or any direction) and possibility to trade in the Manual mode using BUY/SELL a
249 USD
TrendLine GRID
TrendLine GRID
Evgenii Aksenov
One Copy left for $299 !!! Next price $399   Monitoring deals:     here         Our programs :   here            Subscribe to our  Telegram Group   This is a grid EA based on the signals of the Trend Line PRO indicator:  https://www.mql5.com/en/market/product/42399  for hedge accounts Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces
299 USD
Panoptic Dragon MT5
Panoptic Dragon MT5
Aleksei Krasov
"Panoptic Dragon" is a high accuracy automatic trading solution. Expert is easy to set up and is suitable for both  experienced traders and beginners . Only one trade at a time. Every trade has Stop Loss and Take Profit from very beginning, and they do not change. This robot enters the market during the London Stock Exchange (LSE).  It is based on renko patterns, levels support and resistance, channel indicators with different periods and daily moving average.  The direction is determined on the
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True Range Pro MT5
True Range Pro MT5
Smart Forex Lab.
Accurate Night/Intraday Scalping & Smart Grid System Expected perfomance 5-10% / mo (eurusd M5) 20-40% / mo (gbpusd M1) Features 100% automated trades Hard stoploss for every position Dynamic basket takeprofit High spread protection Fixed & Auto volume Easy to use & ready to go 2014-2020 99% tick quality optimized & backtesed True Range Pro MT4 >>  https://www.mql5.com/en/market/product/54575 Set files   https://www.mql5.com/en/blogs/post/726783 Monitoring   True Range MT5  (True
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Hippo Trader Pro MT5
Hippo Trader Pro MT5
Michela Russo
Hippo Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian and European Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Another EA ! (All future updates included) -> To Receive it, Please Contact me by  mql5 mess
299 USD
Red Hawk MT5
Red Hawk MT5
Profalgo Limited
ONLY 1 COPY LEFT AT 349$ NEW PRICE: 399$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. Recommended broker:  ICMarkets.com  or   Alpari.com Recommended VP
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Version 1.9 2021.03.17
Updated options to match MT4 version.
Version 1.8 2019.11.18
Updated functionality to match MT4 version minus the news filter functionality.
Version 1.7 2018.11.13
Added PositionComment, NoTradingOutOfTimes, ClosePositionsFriday, ClosePositionsFridayLastHour & ClosePositionsFridayMinutes options.
Version 1.6 2018.10.17
Added a check for disabling trading if the connection is lost throughout the end candle hour.
Version 1.5 2018.10.07
Added protection against requotes during news taking it negative more than the slippage setting.
Version 1.4 2018.10.01
Fixed issue with RSI calculation.
Version 1.3 2018.09.11
Updated to match MT4 version.
Version 1.2 2018.08.25
Improved performance and added new options.