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True Night Scalper Free

True Night Scalper Free is a free version of the adviser of the same name. Unlike the full version, it only works on EURUSD with a minimum lot value of 0.01. The adviser works from the beginning of the Pacific to the beginning of the Asian session. When the important price level breaks through, the adviser opens the opposite position with the specified lot size. The TakeProfit value is set and modified depending on the width of the price channel. The position closes either when the TakeProfit level is reached, or when an opposite signal appears. If this does not happen within one hour, the adviser is looking for an opportunity to close the position with minimal losses on the price rollback. The EA does not open or close a deal at a higher spread.

For the correct operation of the EA, it is important to correctly set the broker's time zone, which is specified by the Time_Zone parameter.

The EA does not use dangerous methods of money management, such as - martingale, hedging, averaging, grid strategies and keeping loss trades. Optimized for trading on EURUSD H1.

You can get acquainted with my other products here: https://www.mql5.com/en/users/sterekyan/seller

Features

  •   Ready for operation without pre-setting.
  •   The minimum deposit is $ 25.
  •   You can set the maximum allowable spread for opening and closing positions.
  •   Works with any broker.
  •   Supports any type of performance.
  •   Works with three, four and five-digit quotes.
  •   An ECN account is recommended.

Advantages

  •   Does not use martingale.
  •   Does not use hedging.
  •   Does not use averaging.
  •   Does not keep losing trades.
  •   Does not use grid strategies.
  •   Easy to use - does not use complex settings.

Options

  •  Trade - the settings of the trade.
  •  Magic - the identifier of the orders of the expert.
  •  Slippage - slippage, pips. Suitable values ​​are from 0 to 3.
  •  Max_Spread_Open_Pos - the maximum allowable spread for opening a position, point. Suitable values ​​from 10 to 30.
  •  Max_Spread_Close_Pos - the maximum allowable spread for closing a position, point. Suitable values ​​from 10 to 20.
  •  MarketWatch - set true for brokers with market execution of orders.
  •  Time Trade - the time settings for trading.
  •  Time_Zone - time zone of the broker. Suitable values ​​are from -12 to 12.
  • Trade_Hour_One - selection of the first hour of trading time.
  • Trade_Hour_Two -selection of the second hour of trading time.
  • Trade_Hour_Three -selection of the third hour of trading time.

Requirements

  •  Recommended pair: EURUSD.
  •  Timeframe: H1.






khuanloredo
187
khuanloredo 2018.08.24 07:49 
 

Profitable EA. Good job!

Vladimir Kalendzhyan
17698
Vladimir Kalendzhyan 2018.08.23 19:55 
 

A short stop-loss is always a big loss.

Stable, reliable.

Good!

philippe germain
757
philippe germain 2018.08.23 19:18 
 

Stop loss very far, Take profit very close, Can't work impossible to earn money with this kind of system!

Version 4.0 2018.10.31
Removed input parameter StopLoss.
Version 3.0 2018.09.07
Added input parameters Trade_Hour_One, Trade_Hour_Two, Trade_Hour_Three.
Version 2.0 2018.08.23
Added block analysis of "overbought-oversold" currency pair.