EvoNightEA is an automated Expert Advisor, based on the principle of scalping at night time. The EA is based entirely on the principle of technical analysis and includes a number of developments that have been successfully applied in other robots. The EA can be used on most of the available trading instruments, and its installation takes only a few minutes.
- Does not use dangerous trading methods (martingale, averaging, etc.);
- Uses fixed Stop Loss and Take Profit levels protecting your funds;
- EvoNightEA static trading parameters that are the same for all pairs. This eliminates the possibility of overfitting and adaptation to a certain period of time.
EvoNightEA is designed for the following currency pairs: AUDCAD, EURAUD, EURCAD, EURCHF, EURGBP, GBPAUD, GBPCAD, GBPCHF and GBPUSD.
Monitoring of performance and configuration files are available on the signal page: https://www.mql5.com/en/signals/414589
The EA is protected by a system for trading during the high-impact news releases. To activate the news filter, allow WebRequest to the site: http://ec.forexprostools.com/
To ensure better results please use ECN accounts with low spreads.
- Comment - trade comment;
- Maximum spread - maximum allowed spread for opening/closing the trades.
- Stop Loss - Stop Loss in pips.
- Magic Number - magic number;
- Time Zone - time zone of your Broker (winter time).
- Virtual Stop Loss - True - enable Virtual Stop Loss (hide the Stop Loss level from the broker);
- Virtual Take Profit - True - enable Virtual Take Profit (hide the Take Profit level from the broker);
- Friday Trading - True - Allow trading at Friday evening;
- Close trades at 02:00 (GMT+2) - force close all trades at 02:00;
- Money Management Type - type of money management:
- Fixed Lot - fixed lot;
- Percent of Loss - percent of loss from balance per order;
- Percent of Balance - deposit load percentage.
- News filter - enable/disable the news filter.
- News Symbols - news symbols.
- Random Mechanism - instead of the fixed level of indicator values N, the system selects random values in the range from N to X. This solution helps reduce the accumulation of deals and the levels for closing them in a certain area, which incurs a reduction in slippage.
- Virtual Take Profit.
- Switch on/off Hard Exit Filter;
- Pause after a Big Loss;
- Reoptimized parameters;
- News filter.