Market / MetaTrader 5 / Experts /

Night Lottery EA

30 USD

Demo downloaded: 272

Published: 17 August 2018

Current version: 1.9

Night Lottery EA

Experts
Robots4Forex Ltd
Version: 1.9
Updated: 17 March 2021
Activations: 20

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.

View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

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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The Donchian Scalper EA is a fully automated Expert Advisor that trades based on the Donchian indicator. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate

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The Flex Grid EA is a fully automated Expert Advisor that trades based on RSI. The EA trades using market orders with inivisible take profit and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD, USDJPY, EURUSD, USDCAD & GBPUSD using the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limite

FREE

The Rapid Reaper EA is a fully automated hybrid averaging EA that trades in sequences of lot increase and multiplication on both sides of the book. The system trades using market orders with take profits set across trade groups. This EA will work on any pair but works best on GBPUSD and USDCAD on the M5 timeframe. A VPS is advisable when trading with this EA. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more

FREE

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, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex View More Products - https://w

30 USD

The Bollinger Scalper EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. 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. Please note: I have made the decision to give this EA away and many more for free with limited support so that I

FREE

The RMI Scalper EA is a fully automated Expert Advisor that trades pullbacks from the major trend using RMI and limited averaging. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP and EURJPY using the M30 timeframe and has the option to trade multiple pairs but only one pair at any one time to increase trade frequency without increasing draw down. Please no

FREE

Custom EA is a fully automated trading system designed to be customized to your specification in order to create unique trading strategies. This expertly coded EA is suitable for traders of all levels, from beginners to experienced traders. You can start trading using the built-in preset strategies or create your own using the fully customizable features. Custom EA uses an LSTM neural network with self-training capabilities to ensure the best performance. In addition, there are multiple preset s

199 USD

The Wave Scalper EA is fully automated scalping system that uses price action to identify good scalping trades and executes them with an invisible trailing stop loss. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management which works well on most pairs, but predominantly GBPUSD, USDCAD, EURUSD, AUDUSD & USDJPY. Plea

FREE

The Candle Scalper EA is a fully automated Expert Advisor that trades based on price action. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. 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. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom E

FREE

The Night Scalper 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, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings. View More

30 USD

The USDJPY Trader EA is an automated trend following system that is always in the market and trades using sell stop and buy stop orders with trailing stop losses to capture large movements in the market. It also includes a money management feature which calculates lot size based on account size and risk with an option to set a maximum draw down at which the EA will stop trading. This is a long term strategy combined with money management and will work on any pair but works best on USDJPY M15. Vi

FREE

The Prospector Scalper EA is a fully automated Expert Advisor that scalps during high volatility periods using a hybrid lot multiplication algorithm. The EA trades using market orders and hides its decision making from the broker. This EA will work on any pair but works best on EURUSD and USDJPY on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more

FREE

The Complex Chaos EA is an automated system that uses a pair of exponential moving averages to detect the market direction and opens trades on candle open. If the market moves against a trade it will at a set distance open another trade in the same direction to move the take profit of the group of open positions closer to the current price and make the group of trades winners overall once the price reverses. If a change in direction is detected then all trades are closed and it starts trading in

FREE

The Night Scalper EA is a fully automated Expert Advisor that trades at night and exploits price reversion. The EA trades using limit orders with stop loss and take profit. This EA works best on EURUSD, EURGBP, USDCHF & GBPUSD. Version 2 is a complete overhaul of the EA allowing for full customizable night scalping. Defaults are for EURUSD, check the comments for set files for version 2. Limited time special offer, review Night Scalper EA and get an EvoAI 1 year licence! View More Products - htt

49 USD

FREE

The Currency Strength Breakout indicator monitors eight currencies across M1, M5, M15, M30 & H1 time frames all in the same window. Trade the strongest currency against the weakest with alerts for pullbacks giving you the opertunity to enter the trend. Please note: I have made the decision to give this Indicator away and many more for free with limited support so that I can concentrate on Custom EA. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring

FREE

The Bollinger Fading EA is a fully automated Expert Advisor that trades based on Bollinger Band and RSI entry signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. This EA works best on EURUSD using the H1 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I c

FREE

The Extreme Breakout EA Lite is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA Lite trades using pending orders and has the option to enter using market orders if required. Lite version is limited to 0.01 lots without money management. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex

FREE

The Trend Venom EA is a fully automated Expert Advisor that trades based on Moving Average and RSI signals. The EA trades using market orders and uses averaging to safely turn otherwise negative trades positive. 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. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentr

FREE

The Night Scalper EA Lite is a fully automated Expert Advisor that trades at night and relies on price reversion. The EA trades using market orders and has the option to use time averaging to improve performance. This EA works best on EURUSD using the M5 timeframe, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimiz

FREE

Aeon is a fully automated Expert Advisor that trades multiple currencies. The EA trades using market orders and uses averaging to turn otherwise negative trades positive. This EA works best on the M5 timeframe. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Please note: I have made the decision to give this EA away and many more for free with limited support so that I can concentrate on Custom EA. If you wish to use this EA it will

FREE

The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive

199 USD

Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully

199 USD

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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.