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Night Lottery EA

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.

Features

  • Fully automated
  • Not sensitive to spread
  • Risk Money Management
  • Always a stop loss in place
  • This system has the option to be 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.
  • MoneyManagement - If turned on trade lot sizes are calculated on account risk, true/false.
  • MoneyManagementRisk - Risk per trade if money management is on. Values from 0.01 to 0.1.
  • AllowNewTrades - Turn this of to disable new trades, true/false.
  • AccountProfitLock - If money management is on the EA will stop trading if the account balance drops to this fraction of the maximum account balance (0.5 = 50% of account balance). Values from 0.0 to 1.0.
  • NFA_FIFOCompliant - Turn this on if you need this to be NFA and FIFO compliant, true/false.

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.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • Reverse - If turned on trades are reversed, true/false.
  • TrendFilter - If turned on trades are filtered by trend direction, true/false.
  • TrendTimeFrame - Timeframe drop-down selection for the trend detection.
  • 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.
  • BreakEvenCandle - If turned on moves the take profit to break even on this candle, true/false.
  • BECandleHour - Break even bar hour - Values 0 to 24.
  • TakeProfit - The take profit (Setting to 0 disables). Values from 0 to 100 depending on the pair being traded.
  • InvisibleTakeProfit - The invisible take profit, this can be used instead of TakeProfit (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.
  • 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.
  • RMIEntry - If turned on uses RMI as entry signal, true/false.
  • RMIPeriod - The RMI period - Values 1 to 40.
  • RMIMomPeriod - The RMI momentum period - Values 1 to 40.
  • ATRPeriod - The ATR filter period - Values 1 to 100
  • ATRThreshold - The ATR threshold in pips - Values 0 to 10
  • ATRFilterOnAveraging - If enabled applies the ATR filter on averaging trades, true/false.
  • MaxTradeCount - Maximum number of trades open - Values 1 to 10.
  • TradeGroupsPerNight - Maximum number of trade groups per night - Values 1 to 10.
  • TradeDayAfterLoss - If turned on trading will be disabled the day after a loss, true/false.
  • TradeAllOfFirstHour - If turned on ignores MaxTradeCount for the first hour of trading, true/false.
  • CloseAllPositions - If turned on closes all positions if an invisible take profit is hit, true/false.
  • CloseAllPositionsThreshold - The maximum number of trades to close. Values 1 to 100.
  • CloseOpposingPositionsOnSignal - If turned on closses opposing trades on signal, true/false.


Optimization & Defaults

Default input values are for EURUSD M5. If optimizing, optimization of StartCandleHour, EndCandleHour, TakeProfit, StopLoss, RSIPeriod, MaxTradeCount and TradeGroupsPerNight are needed to find the best results.

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4.63 (84)
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Way To Stars is a night scalping EA specifically designed to trade during periods of low market volatility to capitalize on low-risk opportunities. This night scalping EA focuses on capturing small price movements for frequent trading, thereby accumulating profits over time. It employs strict stop-loss measures to limit potential losses per trade, ensuring effective risk management. Way To Stars is a genuine and honest trading system that does not rely on purported neural networks, artificial i
Quantum Trade EA MT5
Bogdan Ion Puscasu
4.82 (137)
Apresentando       Quantum Trade EA   , o inovador consultor especialista em MQL5 que está transformando a maneira como você negocia o prestigioso par GBPUSD! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos, o Quantum Trade       A EA foi projetada para impulsionar sua jornada de negociação a novos patamares com sua estratégia inovadora e dinâmica de zona de rompimento. IMPORTANTE! Após a compra envie-me uma mensagem privada para receber o manual
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Profalgo Limited
4.5 (10)
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Babak Alamdar
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DaVinci Code EA
Shintaseftiana
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AI NeuroX EA
Denis Kurnev
4.5 (14)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Darwin Swing MT5
Guillaume Duportal
4.92 (38)
Darwin SWING Launch price 999 USD , future price 1490 USD DESCRIPTIONS: -- To understand how it works, come read the blog (This EA reflects my philosophy of forex trading...If you like the way I look at it, then you will like my EA. Take the time to do it! (Forex is not a race): https://www.mql5.com/en/blogs/post/745790 -- To see the past performance here are the links of the signals Live and demo signals: https://www.mql5.com/en/users/tradedeal/seller EXPLANATION: After t
Forex GOLD Investor MT5
Lachezar Krastev
4.88 (49)
SHOCK DEAL --> JUST RELEASED UPDATE + DISCOUNT + BONUS EA Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades at a time. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings
Dark Algo MT5
Marco Solito
5 (40)
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
GTX Scalper
Vladimir Mametov
4.66 (38)
Automated, highly accurate trading advisor for trading the EURUSD currency pair. Signal:  https://www.mql5.com/en/signals/2129200 Advantages: The advisor uses an intelligent system for closing unprofitable orders. There is a news filter and a trading time filter. It is possible to test the news filter in the tester (to do this, contact me and I will send you the news file required for testing). Requirements: Trading pair: EURUSD Working timeframe: 1H Minimum deposit: $100 Leverage: preferably 1:
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The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1 Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain Designed for USDJPY. Features Fully automated Not sensitive
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. View More
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Robots4Forex Ltd
Automated trading system designed to be customized to specification to create unique trading strategies. Custom EA is suitable for beginners to experienced traders, start trading using built in preset strategies or start creating your own. Updates and optimizations will be made on an ongoing basis and will be available to the buyer. Any questions or support required please message me. Limited time special offer, review Custom EA and get an EvoAI 1 year licence! FEATURES Fully automated Fully
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Versão 1.9 2021.03.17
Updated options to match MT4 version.
Versão 1.8 2019.11.18
Updated functionality to match MT4 version minus the news filter functionality.
Versão 1.7 2018.11.13
Added PositionComment, NoTradingOutOfTimes, ClosePositionsFriday, ClosePositionsFridayLastHour & ClosePositionsFridayMinutes options.
Versão 1.6 2018.10.17
Added a check for disabling trading if the connection is lost throughout the end candle hour.
Versão 1.5 2018.10.07
Added protection against requotes during news taking it negative more than the slippage setting.
Versão 1.4 2018.10.01
Fixed issue with RSI calculation.
Versão 1.3 2018.09.11
Updated to match MT4 version.
Versão 1.2 2018.08.25
Improved performance and added new options.