Yellow mouse scalping
Yellow mouse scalping is a fully automated Expert Advisor for trading at night in a quiet market. Night scalping strategy. The standard indicators RSI and ATR are used to search for the entry points. Trades are closed using an original algorithm, which significantly improves the features of risk management and deposit safety. A wide range of different settings allows users to select the suitable risk/reward parameters for trading. Risky strategies such as "martingale" are not used.
Monitoring of the EA operation, as well as my other products can be found here: https://www.mql5.com/en/users/vkprofit/seller#products
The minimum deposit is 100 USD, the recommended timeframe is M5. The EA opens trades in a calm market, execution and spread are not crucial for the operation, but still have an impact on the result.
The EA is designed to work on five-digit quotes. Recommended pairs: EURUSD, GBPUSD. The default settings are optimized for the EURUSD pair on the М5 timeframe.
- Open_night_Monday - enable/disable opening trades on Sunday nights.
- Open_Friday - enable/disable trading on Friday.
- Start_hour - hour to start opening trades.
- Start_min - minute to start opening trades.
- Stop_hour - hour to stop opening trades.
- Stop_min - minute to stop opening trades.
- No_Open_after_SLoss_hour - disable opening of new trades after a stop loss for the specified number of hours. Not used is set to 00.
- Close_Friday_Time - time to close trades on Friday. 00:00 - disabled.
- Close_hour - hour to close trades by time. 00:00 - disabled.
- Close_min - minute to close trades by time. 00:00 - disabled.
- For_candle - enable/disable closing trades by "expiration time" after the first order.
- close_candle - the number of bars to close the trades.
- Autolot - enable/disable autolot.
- Autolot_size - the initial lot size to be used when Autolot is enabled.
- Autolot_for - amount of deposit to be used per Lot when Autolot is enabled.
- Real_SL - visible stop loss.
- Real_TP - visible take profit.
- Virtual SL - virtual stop loss.
- Slippage - the maximum slippage for opening trades.
- Virtual TP - virtual take profit.
- Magic - magic number for the Expert Advisor to identify its positions.
- Add_fo_close_bar - enable/disable opening additional orders at the Open price of the new bar.
- Time_open_fo_add - enable/disable the time limit for opening additional orders by the Stop_hour parameter.
- Max_orders - the maximum number of additional orders.
- Delta_open - the minimum distance between additional orders.
- Max_spread - the maximum spread for opening positions.
- Close_fo_close_bar - enable/disable closing orders based on the closed bar.
- Trand_filtr - daily trend filter. If enabled, trades can only be opened in the direction of the daily trend.
- RSI_period - period of the RSI indicator.
- Up_level - the upper level of the indicator, above which the EA will open a Sell order.
- Down_level - the lower level of the indicator, below which the EA will open a Buy order.
- ART_period - period of the ATR indicator.
- ART_from - the lower boundary of the range of the indicator values, in which the EA is allowed to open positions.
- ART_to - the upper boundary of the range of the indicator values, in which the EA is allowed to open positions.
Please test the EA in the strategy tester before using it on a live account.
The current working settings are published in the Comments section.
You can also use custom settings for trading.
Added a parameter for enabling/disabling the trend filter.
Fixed an error in identification of orders using the "Magic" parameter
Added visual take profit and stop loss levels.