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Night Scalper EA Lite

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.

This is a lite version of the Night Scalper EA - https://www.mql5.com/en/market/product/34215

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

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.


Comentarios 3
Rochelle Brown
374
Rochelle Brown 2019.02.10 17:26 
 

Received positive results so far with this EA!

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1 499 USD
Mood EA
Vasiliy Strukov
Mood EA - works on the Momentum indicator, which is a leading indicator. To enter a position, the advisor uses the oversold or overbought conditions of this indicator, catching the "mood" of traders. Real-time results can be viewed  here . Telegram group  here  telegram channel  here Current settings are always here A beginner's guide is here RECOMMENDED BROKER FOR MY EXPERT ADVISORS  SETTINGS Open new series -  on / off beginning of a new seri Start lots -  start lot. Trade Buy -  allow the ad
50 USD
QFX Team ROBOT
Salvatore Caligiuri
PROMO PRICE - 100$ COPIES AVAILABLE: 1 - NEXT PRICE: 200,00$ ONLY FOR NEXT BUYER ADDITIONAL GIFT: Royal Entry EA (MT4): click here to open product page  or Versus Yen EA (MT4): click here to open product page To request your gift send email at info@qfxteam.com QFX Team ROBOT  is sophisticated algorithm developed to catch fast movement on GBP pairs using a STRICT STOP LOSS based strategy. Our goal is to reduce risk and drawdown making profit with a lower percentage of winning
100 USD
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 - recommend  settings at №109 comment   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 bro
50 USD
EA Mad Max
Vitali Vasilenka
⭐ Anger conquers fear p.s Thomas Shelby ⭐ ⚠️ Settings are available at this link https://1drv.ms/f/s!Ak70UTJrIkV4atAI1ggS5L1Rl5s Telegram   group   here   telegram   channel   here New perception of price movement in the market. The Expert Advisor predicts the price movement in the future. Using the theory of relativity to calculate motion. This formula allows you to increase the possible number of entry points in the future. The EA makes an analysis every 3 minutes. (processing more
249 USD
TripleH
Yip Sin Hang
My only channel :  https://t.me/InrexEA FTMO challenge is available , Please contact me by best setting for it . My another Best Product recommended with Live Result :  🔥   FiveElemenets   ⭐   StoneBreaker Lite Final Version monitor :   Here    Before you buy all of my product please be aware of the risks involved: 1) Please do not over believe in backtesting result . No one can 100% predict the future . 2) I do not use any .set file , Because I believe that the best strategy should
3 288 USD
Dollar
DORNA HESHMAT
Hello my friends #Contact me befor purchase the EA 📞TELEGRAM:  https://t.me/ENZODOLLAR      OUR COMMUNITY CHANNEL:  https://t.me/PegasusPro6DollarEA6ENZOCO6 REAL, accont information of Dollar EA :  ⤵️⤵️ REAL  ACCOUNT  (( Last month result up to 100% Profit))                                  Dollar EA works on our REAL accounts,You can find our signals   and login details in any time at mql5 site  ⤵️⤵️                 Login account Details:                 account: 600513            
5 999 USD
Magic Seven MT4
Ozkan Kara
Price: $995        This price is only for first 5 buyers ! Next Price: $1295   Magic Seven  is a fully automated  EURUSD Daily Trend System. Before London Trading Season, EURUSD movements are small and predictable. The system focuses only   Small and Steady Profits . The EA does not use grid, martingale, averaging  or other dangerous strategies.   It uses fixed stoploss for every position. I will always help you, please contact me ! General Strategy Definition Correct Open Time:    It opens
995 USD
EA Beast
Ramil Minniakhmetov
The EA uses a reversal model, taking into account the nature of the movement of currency pairs to return to its trading range. The trading system is suitable for both experienced traders and beginners. The EA has protection against high spreads and allows you to trade with a fixed or automatic lot size. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Telegram is  here . Inputs Value New Cycle  —   when enabled, the
35 USD
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Complex Chaos EA
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Prospector Scalper EA
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Rapid Reaper EA
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Extreme Breakout EA
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RMI Scalper EA
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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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Night Lottery EA
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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. 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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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
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Filtro:
Rochelle Brown
374
Rochelle Brown 2019.02.10 17:26 
 

Received positive results so far with this EA!

tomi777
15
tomi777 2019.02.14 10:57 
 

El usuario no ha dejado ningún comentario para su valoración

Tanveer Ahmed
226
Tanveer Ahmed 2019.02.15 20:17 
 

Good

Respuesta al comentario
Versión 1.4 2019.01.21
Bug fix.