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Night Scalper EA

4.33

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.

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

Features

  • Fully automated
  • High win rate aggressive scalping
  • Risk money management
  • Always a stop loss in place
  • This system is 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.
  • PositionComment- Allows you to set the position comment.

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.
  • CloseTimeFrame - Timeframe to use when looking to close positions.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TakeProfit - The take profit (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.
  • 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.
  • 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.
  • RSIClosePeriod - The RSI period used as close signal - Values 1 to 40.
  • RSICloseThreshold - The RSI threshold used as close signal (Setting to 0 disables) - Values 0 to 40.
  • RSICloseThreshold2 - The RSI upper threshold used as close signal (Setting to 0 disables) - Values 0 to 40.
  • TakeProfitReductionMins - The reduction of TP in minutes - Values 0 to 1000.
  • TakeProfitMin - The minimum TP for reduced TP over time - Values 0 to 10.
  • ClosePositionsFriday - If enabled open positions are closed on Friday at the set time, true/false.
  • ClosePositionsFridayLastHour - The hour to close positions on Friday - Values 0 to 24.
  • ClosePositionsFridayMinutes- The minute to close positions on Friday - Values 0 to 59.


Optimization & Defaults

Default input values are for EURUSD M15. If optimizing, optimization of RSIPeriod, RSIThreshold, RSIClosePeriod and StopLoss are needed to find the best results.


Reviews 3
Rochelle Brown
365
Rochelle Brown 2019.02.25 03:21 
 

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

Jeremy Saylor
292
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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Gold Bonanza is an advanced trading system which was optimized for XAUUSD currency pair. The EA uses complicated filtering techniques to search for accurate entry and exit points. My adviser is intended for a long-term trading. It utilizes its own price action algorithms in combination with the author's indicator. Gold Bonanza is a fully automated adviser that doesn't require any special skills from you. All you need to do is just install it and the EA will do the rest for you. Check out my back
499 USD
Aura Gold EA
Aura Gold EA
Stanislav Tomilov
Aura Gold EA  is a fully automated EA designed to trade   GOLD   only. It is based on machine learning cluster analysis and genetic algorithms. EA contains self-adaptive market algorithm, which uses price action patterns and standard trading indicators (CCI,ATR). Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money managment used, no martingale, no grid, scalp or hedge. Suitable for any broker conditions. In the near future, the price of the Expert Advisor wi
1 495 USD
LittleCrazy MT4
LittleCrazy MT4
PAVEL UDOVICHENKO
LittleCrazy MT4 is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits from $200. Timeframe: M15 Currency pairs: AUDNZD, NZDCAD, AUDCAD LIVE Signal: LittleeCrazyWay MT5 LittleeCrazy MT4 PROFITABILITY AND RISK The expected estimated profitability according to the backtest data is about 200% - 400% per year. The expected   max
289 USD
Total P
Total P
Viktar Rudabelets
Total P - полностью автоматическая торговая система. Система использует в торговле основные закономерности рынка Форекс - возврат цены после резкого движения в любом направлении. Робот полностью оптимизирован и настроен на торговлю. Рекомендуемый Timeframe: M15 Рекомендуемый брокер: любой Рекомендуемая валютная пара: USDCHF Торговая система работает как на VPS так и на персональном компьютере пользователя. Максимально точные бэк-тесты и торговля на реальных счетах показывают высокий процент выпл
1 200 USD
Project V
Project V
Andrey Kolmogorov
Promotional price: only   for the first  4  buyers -  $349 . next   price  $399 . A trading advisor that uses in its work a strategy based on trend and countertrend algorithms, built on the principles of a quantum set of algorithms. When using the standard operating mode, only 1 order is always opened. The order is opened at the beginning of each trading day. By default, no additional set files are required. Signal Default:   EUR/USD Signal Grid:   EUR/USD Signal Martin:   EUR/USD Working
349 USD
Carousel Triple Correlation
Carousel Triple Correlation
Stanislau Siatsko
Attention: this is a multicurrency EA, which trades by several pairs from one chart!  Therefore, in order to avoid duplicate trades, it is necessary to attach EA only to one chart, ---> all trading in all pairs is conducted only from one chart! Insofar as this is a multicurrency EA, where the conditions of three different instruments are taken into account when opening positions, which cannot be seen and implement when testing in MT4. For testing, use the MT5 version:  https://www.mql5.com/en/ma
1 250 USD
Sodobe Scalper
Sodobe Scalper
Nguyen Van Cho
Scalping solution provided by top 5% world Professional Traders,  verified for 20 years Very low risk No scam Never fired account => That's Sodobe Scalper The EA best works for   Gold XAUUSD  with default settings, broker Exness, pro account type to low spread .   And the target price will be: rent $90/month, buy $900 Scalping only on M1 time frame, always fixed Take Profit = 5 ATR, Stop Loss = 8 ATR and auto close when over buy/sell to get highest win rate and lowest drawdown. The average hold
490 USD
Market Reversal Alerts EA
Market Reversal Alerts EA
LEE SAMSON
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
199 USD
The Comeback Kid Manager EA MT4
The Comeback Kid Manager EA MT4
Ryan Brown
The Comeback Kid Manger EA is half EA and half trade manager. It's able to keep the trader profitable on complete  auto-pilot. You can also use the onscreen buttons to intervene with the EA to achieve a creative manual/algo collaboration. It's also capable of recovering losing trades by managing them into a small profit or break even. The user has a lot of control on how and when they would like to increase profit on good trades and recovery bad or losing trades.    We've been trading the for
497 USD
Torpedo Forex
Torpedo Forex
Antonis Michos
Monitoring HERE If you have bought ANY of my Products then you are ELIGIBLE TO JOIN the Private group !!! TELEGRAM group: send me message to add you to our community PRIVATE GROUP(unfortunately there are a lot of scammers to public ones...) Torpedo Forex is my new NEURAL network project using advanced parameters for finding entries such as distances,Candle sizes,candles formations,break outs in an advanced way etc. The EA runs in my Live Signal   Along with Torpedo Gold Reco
169 USD
Punisher scalper ea
Punisher scalper ea
Hemza Barour
Punisher SCALPER EA v3.0 is a fully automated expert Advisor using an advanced search and breakdown mechanism for local extrema. The system does Not use the Grid, does Not use martingale and other risky strategies. All trades are protected by StopLoss ! -------------------------------------------------------------------------------------------------------------------- SIGNAL ===== https://www.myfxbookcom/members/bibou2014/punisher-scalp-ea-v2/8362997 https://www.mql5.com/en/signals/10037
200 USD
EA Antivirus
EA Antivirus
Vasiliy Strukov
I am glad to welcome you on the page of my product - I am its author Vasily Strukov. EA Antivirus is a conceptually new automated trading advisor using a scalping strategy. The trading system is multicurrency and is able to trade on  many pairs. The trading system is suitable for both experienced traders and beginners. EA Antivirus uses  pending orders on the broker's server, which initially reduces the risk through delays and slippage. EA need broker with low spead and vps with small pin
149 USD
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Custom EA
Custom EA
WebTech Media Ltd
Custom EA is a professional fully customizable automatic trading system designed to create unique trading strategies. This system has many entry, exit and filter settings to choose from. From basic RSI to advanced LSTM Neural Network. Build your own strategy or choose a preset and start trading straight away. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. FEATURES Fully automated Fully customizable LSTM Neural Network with self training Multiple st
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Flex Grid EA
Flex Grid EA
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully
49 USD
Rapid Reaper EA MT4
Rapid Reaper EA MT4
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4f
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Night Lottery EA MT4
Night Lottery EA MT4
WebTech Media 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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread Risk Money Managem
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Night Scalper EA Lite
Night Scalper EA Lite
WebTech Media Ltd
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
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Extreme Breakout EA Lite
Extreme Breakout EA Lite
WebTech Media Ltd
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. MT4 full version is here: https://www.mql5.com/en/market/product/29796 MT5 full version is here: https://www.mql5.com/en/market/product/29785 Designed fo
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Dollar Yen Trader EA
Dollar Yen Trader EA
WebTech Media Ltd
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.
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Night Lottery EA Lite MT4
Night Lottery EA Lite MT4
WebTech Media Ltd
The Night Lottery EA Lite 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. This is a lite version of the Night Lottery EA - https://www.mql5.com/en/market/product/31086 Forward testing signals - https://www.mql5.c
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Prospector Scalper EA MT4
Prospector Scalper EA MT4
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4
49 USD
Wave Scalper EA MT4
Wave Scalper EA MT4
WebTech Media Ltd
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. Forw
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Complex Chaos EA MT4
Complex Chaos EA MT4
WebTech Media Ltd
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
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Extreme Breakout EA MT4
Extreme Breakout EA MT4
WebTech Media Ltd
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. MT5 version is here: https://www.mql5.com/en/market/product/29785 Designed for the following pairs: AUDCHF, AUDJPY, CADJPY, EURAUD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY,
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RMI Scalper EA MT4
RMI Scalper EA MT4
WebTech Media Ltd
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. A VPS is a
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Donchian Scalper EA MT4
Donchian Scalper EA MT4
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread
49 USD
Aeon
Aeon
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features     Fully automated     Not sensitive to spread     Always a stop loss in place    
49 USD
Candle Scalper EA
Candle Scalper EA
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread Always a sto
49 USD
Bollinger Scalper EA
Bollinger Scalper EA
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensi
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Bollinger Fading EA
Bollinger Fading EA
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensit
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Trend Venom EA
Trend Venom EA
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spre
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Currency Strength Breakout
Currency Strength Breakout
WebTech Media Ltd
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. Features Easily see which currencies are currently trending and in which direction. Trade pullbacks with the highest probability of success. Colors are fully adjustable. How To Trade The higher time frame currency strengths are displayed on the
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Complex Chaos EA
Complex Chaos EA
WebTech Media Ltd
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
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Wave Scalper EA
Wave Scalper EA
WebTech Media Ltd
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. Forw
49 USD
Prospector Scalper EA
Prospector Scalper EA
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4
49 USD
Rapid Reaper EA
Rapid Reaper EA
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4f
49 USD
Extreme Breakout EA
Extreme Breakout EA
WebTech Media Ltd
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. MT4 version is here: https://www.mql5.com/en/market/product/29796 Designed for the following pairs: AUDCHF, AUDJPY, CADJPY, EURAUD, EURGBP, EURJPY, EURNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCHF, NZDJPY,
49 USD
RMI Scalper EA
RMI Scalper EA
WebTech Media Ltd
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. A VPS is a
30 USD
Donchian Scalper EA
Donchian Scalper EA
WebTech Media Ltd
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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread
49 USD
Night Lottery EA
Night Lottery EA
WebTech Media 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. Forward testing signals - https://www.mql5.com/en/signals/author/robots4forex Features Fully automated Not sensitive to spread Risk Money Managem
30 USD
Night Scalper EA MT5
Night Scalper EA MT5
WebTech Media Ltd
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. Forward t
30 USD
Custom EA MT5
Custom EA MT5
WebTech Media Ltd
Custom EA is a professional fully customizable automatic trading system designed to create unique trading strategies. This system has many entry, exit and filter settings to choose from. From basic RSI to advanced LSTM Neural Network. Build your own strategy or choose a preset and start trading straight away. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. FEATURES Fully automated Fully customizable LSTM Neural Network with self training Multiple st
125 USD
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Rochelle Brown
365
Rochelle Brown 2019.02.25 03:21 
 

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

desertjedi
252
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.

Jeremy Saylor
292
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!

Reply to review
Version 1.4 2019.01.21
Bug fix.
Version 1.2 2019.01.19
Added time averaging options to improve commission to gain ratio.