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  • Reviews (3)
  • Comments (26)
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Night Scalper EA

4.33

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!

Features

  • Multi currency strategy
  • Fully automated
  • High win rate scalping
  • Risk money management
  • Always a stop loss in place
  • Single position strategy (Suggested set files)
  • No Grid, Averaging or Martingale (Suggested set files)
  • This system is NFA/FIFO compliant

Input Settings

Order Settings

  • Magic - Unique number for the EA to identify its trades. Any integer.
  • Initial Lots - Number of fixed lots per trade if money management is off. Values from 0.01 to 50.0.
  • Standard Account Slippage - Slippage in pips. Values from 1 to 10.
  • Allow New Trades - Turn this of to disable new trades, true/false.
  • Account Profit Lock - 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.
  • Comment - Allows you to set the position comment.
  • GMTOffset - Set the GMT offset for the MT4 server, exclude DST.

Hundreds of settings for the following:

  • Money Management
  • Interface
  • High Spread Entry
  • Spread Protection
  • Avoid XMas Dates
  • Limited Trading Times
  • Entry Settings
  • Take Profit
  • Stop Loss
  • Market Pending Entry
  • Exit Settings
  • Averaging
  • Bollinger Bands ATR TP Exit
  • Bollinger Bands Exit
  • CCI Exit
  • MA Exit
  • RSI Exit
  • Time Limit Exit
  • Trailing Stop Loss
  • ATR Filter
  • Bar Time Filter
  • Day Filter
  • High Activity Filter
  • Moving Average Filter
  • News Filter
  • Bollinger Bands Entry - Market & Limit
  • RSI Entry - Market
Reviews 3
Rochelle Brown
372
Rochelle Brown 2019.02.25 03:21 
 

I have been seeing very good results past few weeks since I purchased this EA!

Jeremy Saylor
289
Jeremy Saylor 2019.02.07 08:08 
 

I have never seen anything so beautiful in back testing! This is AMAZING work! Deserves 10 stars!! I haven't gone live yet but I feel pretty confident with this EA!

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Guillaume Duportal
5 (12)
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EA Thomas
Vitali Vasilenka
4.61 (57)
Contact me immediately after purchase Instructions for installing the Advisor. Unique settings for the adviser Personal bonus (Trading Advisor). Access to the Closed telegram channel for trading signals. More useful information in our official telegram channel:   LINK Telegram chat support advisors (any help in setting up):   LINK Community Trading Signals Channel:   LINK EA Thomas   is a unique trading algorithm that includes 5 trading advisors at the same time. The EA simultaneously analy
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AI Boost MT4
Rodrigo Arana Garcia
5 (4)
AI Boost is an intelligent robot with advanced artificial intelligence computational capabilities. Part of the algorithm has been trained with the help of OpenAI technology. Using machine learning techniques and complex data processing, our robot is able to analyse large amounts of market data in real time and make accurate and well-informed trading decisions. With its powerful artificial intelligence engine, our robot is able to identify patterns in market data and make accurate predictions ab
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Idea Pro gold
Vasiliy Strukov
4.71 (178)
I am glad to welcome you on the page of my product - I am its author Vasily Strukov. The EA is simple and convenient to use - just attach it with the default settings on eurusd gbpusd nzdusd audusd m5. For best results, it is recommended to cancel the direction of trade on the EA panel on the chart - "trade buy" (green color on the panel will mean that the EA is allowed to buy, red that is prohibited) or "trade sell" (similarly). For choosing the direction of the trend I use Gold Stuff indica
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Night Lottery EA MT4
Robots4Forex Ltd
4.6 (5)
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
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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
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Night Lottery EA
Robots4Forex Ltd
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/r
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Rochelle Brown
372
Rochelle Brown 2019.02.25 03:21 
 

I have been seeing very good results past few weeks since I purchased this EA!

Jeremy Saylor
289
Jeremy Saylor 2019.02.07 08:08 
 

I have never seen anything so beautiful in back testing! This is AMAZING work! Deserves 10 stars!! I haven't gone live yet but I feel pretty confident with this EA!

desertjedi
225
desertjedi 2019.01.31 18:01 
 

So far, the Night Scalper EA has worked flawlessly. In my first week of trading, I have not encountered a losing trade...on a demo account...usimg Mark's latest high win SET file with M5 time frame on EURUSD. I think the key will be finding the right balance between account balance and money management risk setting (in the SET file) and what kind of drawdowns occur. I'm sure there's a sweet spot.

Mark has been great answering my questions. I look forward to experimenting more with this EA and, of course, running it live.

UPDATE: The first week I used the EA, it was consistently make small, profitable trades. The second week resulted in a massive loss, followed the next day by another massive loss - all in a demo account thankfully. Stop losses are too far away from entries. I'm coming to the conclusion that EAs in general are a waste of time and instead of trying to find one that consistently makes money my time would be better spent learning to trade manually. With EAs, it's always a question of, okay, what do I do now that the account is hemorrhaging? Close the trades? Wait a day, a week, a month waiting for a recovery that may never come? By far, the most success I've had has been following signals that are 0% algo simply relying on the expertise of the trader. I wish Mark, the EA author, no ill will but I'm moving on.

Reply to review
Version 2.1 2022.07.24
Complete overhaul of the EA, default is for EURUSD. Set files for other pairs will be in comments.
Version 1.5 2021.10.15
Added MultiCurrencyAuto option to trade M15 EURUSD, AUDCAD, EURCAD, EURCHF, EURGBP, GBPCAD, USDCHF, EURJPY, USDCAD, AUDCHF, CADJPY, AUDNZD & GBPCHF.
Version 1.4 2019.01.21
Bug fix.
Version 1.2 2019.01.19
Added time averaging options to improve commission to gain ratio.