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Night Scalper EA Lite

2.33

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 optimized settings.

Features

  • No Money Management
  • Lot size limited to 0.1
  • Fully automated
  • High win rate aggressive scalping
  • 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.
  • AllowNewTrades - Turn this of to disable new trades, true/false.
  • 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 M5. If optimizing, optimization of RSIPeriod, RSIThreshold, RSIClosePeriod and StopLoss are needed to find the best results.


Reviews 3
Rochelle Brown
364
Rochelle Brown 2019.02.10 17:26 
 

Received positive results so far with this EA!

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Great Breakthrough MT4
Pavel Malyshko
5 (3)
limited offer at the price of 250 then the price of 315!  The system works in the evening, using the patterns of price behavior during a given trading period. The MT4 and MT5 versions will have different results due to the difference in platforms and the complexity of one-to-one implementation. All those who bought it will receive an adviser as a gift! To protect the deposit, the system has a floating take profit, which can be both positive and negative, that is, a take profit loss,
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Gold period M1 - scalper robot for gold. The best results are shown on the M1 timeframe. Download the demo version of the robot from this site, run the strategy tester and test the robot on the XAUUSD pair, M1 timeframe. After launching the robot, it automatically determines the current direction of the trend, determines the support and resistance lines, finds the best points for opening deals and starts trading. The robot is not a mesher. Up to 2 deals can be opened in the market at the same t
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AW Recovery EA
Alexander Nechaev
4.55 (40)
AW Recovery EA is a system designed to restore unprofitable positions.  The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a smaller deposit load, which ensures safe
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Advanced AI Trend MT4
Ho Tuan Thang
5 (3)
ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $349. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. The results of back testing Advanced AI Trend will not reflect the full capabilities of the EA. And since the EA has many filters that only work in the real market and not in back testing, so you should test everything with real trading signals. - LIVE SIGNAL: Live Signal 1:  https://www.mql5.com/en/signals
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Starlight MT4
Profalgo Limited
Launch promo: Only 4 left at 229$ Final Price: 999$ STARLIGHT is a very advanced, low risk night scalper which uses a unique approach to the entry algorithm compared to other night scalpers.  It was developed using years of experience in live trading with the mean-reverse strategy, and selected only the best pairs and techniques to be included in this EA. Since the EA is build upon existing technology that was developed over the years, the EA is very intelligent and has lots of smart features.
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Breakthrough Strategy
Konstantin Kulikov
4.41 (32)
Every Sunday the price goes up by $50 This system was developed to work with a large number of sets and after a certain time it showed itself well when working at the close of trading on Friday. As a result, this direction of trading became the main one for working with this Expert Advisor. There are 25 actual sets for different currency pairs, as well as a profile for quick setup . You can analyze the statistics of the Expert Advisor for different currency pairs using my signal. Evaluate stati
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Advanced Hedge MT4
Ho Tuan Thang
4.9 (48)
ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Warning: I only sell EA's through MQL5.com. If someone contacts you saying it is me trying to sell you something, they are a Scammer. Block and report them as spam. If you purchase this EA anywhere besides MQL5 it is a Fake version that will not work like the real version and you will never receive updates or support. - LIVE SIGNAL: Trade GOLD only:  https://www.mql5.com/en/signals/1442324 IMPORTANT! Contact me
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MT5 version is here GoodMorningEA is an advanced night trading system that uses smart algorithms to make the safest entry when markets are at their quietest. It uses dynamic take-profit based on the market state at the time of entry, and has a variety of exit modes. GoodMorningEA does not use Martin, does not use a grid, and has a strict rules-based trading method, opening only one order at a time and placing stops on each trade. Note: as with almost all night scalper EA, GoodMorningEA's entry t
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Gold bot with minimum drawdown is a fully automatic gold trading robot. Each trade is accompanied by StopLoss and TakeProfit. The robot trades with a minimum drawdown. Does not use Martingale, grid, hedging and other drawn strategies. The robot analyzes the market, places a pending order, and if the forecast comes true and the deal works, the robot starts to accompany it, constantly monitoring it. We recommend that you do not change the settings for trading on gold. Use the default settings.
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Alana MT4
Hugo Feruglio
4.64 (11)
ONLY 8 COPIES OUT OF 10 LEFT AT $250!  Suggest Pair : AUDCAD, M1 Alana is the best scalper algorithm you can find in the market. Our robot is designed to make the most of market trends by timing the pullback. It has the power to easily find the top and bottom of any market. The robot was developed by an award-winning algorithmic-trader .  It uses a  martingale  system with TP and SL Cycle.   Features: Perfectly identifies the top and bottom in the market Advanced money management  Beautiful
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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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Tanveer Ahmed
232
Tanveer Ahmed 2019.02.15 20:17 
 

Good

tomi777
17
tomi777 2019.02.14 10:57 
 

User didn't leave any comment to the rating

Rochelle Brown
364
Rochelle Brown 2019.02.10 17:26 
 

Received positive results so far with this EA!

Reply to review
Version 1.4 2019.01.21
Bug fix.