Shane Hedges
2020.11.18 03:43
#
Deprecated and obsolete with the current MT5 version
Night Scalper
This trading algorithm is designed for trading during low-volatility periods: the night before the opening of the London session or for trading low-volatility pairs. The trading robot allows to flexibly adjust trading parameters, including the risk level per trade, so that it is possible to maintain a balance between expected return and drawdown.
The robot locks profit using Trailing Stop.
Despite the fact that the algorithm includes a trading signals filter, it is not recommended for use during high volatility and especially during important news releases.
Parameters
- BBPeriod - period of the BollingerBands indicator
- BBDev - the distance between Bollinger Bands and the moving average, in standard deviations
- StdDevPeriod - standard deviation period
- StdDevFilter - maximum allowable value of standard deviation for trading
- SpreadFilter - maximum allowable spread value for trading
- TrailingStart - profit of an open position in points, reaching which the EA will start trailing Stop Loss
- TrailStep - step of change for TraingStop
- SL - Stop Loss value set during position opening
- RiskPercent - risk used for opening a position as a percent of capital (not taking into slippage)
- TradeStartHour - trading start hour (server time), after that time the EA is allowed to open positions
- TradeStopHour - trading end hour (server time), after that time the EA is not allowed to open positions
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This algorithm uses statistically justified comparison of historical prices, moving average and output values of Williams R and Stochastic indicators in order to take decision whether it is necessary to open a position. Prior to giving birth to a new EA, this logic was created as a result of usage of stochastic methods and then tested on historical data and checked with Monte Carlo method, which, of course, does not guarantee any results in the future. The bot is designed to trade during evening
99 USD
This algorithm uses statistically justified comparison of market data, numerical constant values and output values of Stochastic indicators and Moving Averages in order to take decision whether it is necessary to open a position. Prior to giving birth to a new EA, this logic was created as a result of usage of Stochastic methods and then tested on historical data and checked with Monte Carlo method, which does not guarantee any results in the future, of course. No martingale is used. The robot i
99 USD
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