LL Night Scalper EA MT5
- Experts
- Leopoldo Licari
- Versione: 1.2
- Aggiornato: 16 febbraio 2023
- Attivazioni: 5
EURUSD M5 Set -> start 01:00 | end 04:00 | TP3 | Pending Distance -100 | Multiplier Pending 150 | Risk% 0.1 | Max Orders 5 - Recommended Deposit 1.000$
"like all expert advisors, LL Night Scalper EA works for you, but you can't always leave it alone. use it with care and attention, choose a time slot and decide your money management first. the best results are obtained by using with care, avoiding important news that generate large movements and keeping the EA off on high volatility days. the key to success is always the management of your tools, remember that" L.Licari
LL Night Scalper EA is an expert advisor optimized to work on EURUSD M5 with a GMT +3 broker.
The algorithm works on EURUSD with a 5 minutes chart, it combines a refined and logical purpose to obtain the best possible entry only when the market turns in a specific direction, considerably decreasing the risk of DD, as seen in past tests with real ticks and variable spreads.
Due to the use and scanning of different indicators, the EA is able to autonomously evaluate the best entry opportunity.
A recovery system with a pending orders grid allow the EA to close also all the drawdown trades, with a medium/low risk distance for each order.
A long and precise optimization work allows you to use the EA as it is set with the EURUSD symbol, with the best parameters currently available.
Here are the settings:
- Start Time here you can input the start trading time of the EA, default time 01:00 is for EURUSD M5 with a GMT+3 broker
- End Time here you can input the end trading time of the EA, default time 04:00 is for EURUSD M5 with a GMT+3 broker
- Close Only On Session Time default is true, which means that the EA can close orders only in between Start and End time selected. Set to false to get out of trade as fast as possible during all daytime (will decrease the profits).
- Take Profit in Pips select the take profit in pips, for the sum of the active trades virtually combined in one, default is 3 pips. You don't need high points TP, just a lot of small ones.
- Pending Order Distance allows you to select the size of the distance for pending orders, negative values for Limit orders, positive values for Stop orders, default is -100 pips. Distances in between -10 and -50 are considered high risk, from -50 to -100 medium risk, from -100 to -150 low risk.
- Multiplier for Pending allows to enter the multiplier factor for pending orders, where 200 means double (Martingale), default value is 150. You can adjust to your preference, increasing or not the risk/reward ratio.
- Risk % Balance here you can input the freeze % of Balance for the initial order size.
- Max Pending Orders is the number of pending orders, THIS VALUE MUST BE CHANGED TO 5 in order to work correctly
