EURUSD M5 set file for new options, risk should not be more than 0.05 (25% max risk) unless you are withdrawing regularly. Regular withdrawing then risk can be up to 0.15 (75% max risk).

Slight improvement to set file.

2018 tick data backtest, first 6 months are in sample, last 6 months are out of sample, 5% risk.

Hey Mark, things are going well with the EA. I've got a two-pronged question/issue.

What is the best way to temporary halt trading with the EA like when the FED meets? I set the Allow Trades setting to FALSE and it worked. Probably unrelated but the next day, I could not access the settings and the EA disappeared from the chart. I closed the chart, re-opened it and went to attach the EA to it, and I get the following error (as pictured). This happened when the VPS was "attached" as well as now, with the VPS removed from this account (I'm going to run your EA on a different demo account). Since I've used an activation on the first account, I'd still like to be able to run it there as well. Any ideas on what's going on?

I'm guessing this may have something to do with the Windows 10 Creators Update.

https://www.mql5.com/en/forum/217776

I will try writing to the Service Desk for an extra activation and see what happens.

Hi Mark,

Interesting backtest results with your HW3.set, can you explain post 4 a little to me. From what I gather you did an optimization to get the best results,

and then ran another 6 months of tick data at random that were outside the optimization data? How long is that backtest in post 4? 6months optimized and + 6 months unoptimized?

If you can get anywhere near those kind of returns, maybe a withdrawl and then using profits to setup a few more EA's but staggered every month to help incase of a bad result at some point.

The autoclose is very good, but sometimes robs you of getting close to the TP, but I understand its protecting it from going negative. Interesting anyway....Well done Mark.

I'm giving your EA a try, this is going to be a long test (Live Test). 

If anyone wants to see results I have it running on MyFXbook . ---->>> bullishbroker24 its under the name Asia_Scalper

Sorry couldn't get the link to work on MQL5

Good luck to everyone, I wish you many prosperous pips!  

Hi Georgios,

You are correct, I optimised from 01/01/2018 to 01/06/2018 and then ran the test from 01/01/2018 to 22/112/2018 with settings found in the optimisation with low DD to get the final set file. The M5 settings have a better commission to gain ratio but a lower win rate, where as the M15 has a worse commission to gain ratio but a better win rate. Either settings can be run with a frequent withrawal and high risk or a conservative risk without regular withdrawal.

Hi,

Did you get this resolved because this is the second time I've heard of this happening.

Hi Mark

I just purchased a licence of your Night Scalper EA via MQL5, got confirmation (congrats), did log-in to the community to activate, as adviced. Then I was lost, nothing there to explain how to download the EA, no emails from you, etc. A bit strange to me, I have 20+ EAs and this is a first time .... Hope you are not a spammer :) My email is speculatax@gmail.com, name: Alex Vost, Tel: +64 22 3324. I am from New Zealand.

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mql5.com order number: 1130000000215038014

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Hope to hear from you soon.

Cheers

Alex 

Mark, 

I had some computer issues and had to reinstall Windows 10. Whenever this is done, you lose an activation - there's simply no way around it. I spoke to the Service Desk but they said that that is simply how things work. 

Hi

Ran the EA recently but the lot size that the EA ran with was different from the Lot size in the settings. Can you explain whats happening please.

Thanks

Mark, I loaded up your NightScalper_EURUSD_M5_HW3.set file and I had five quick wins with TP of 2.6 pips on each. But I noticed in the settings that you have a TP setting of 10 and a SL of 90. I reduced the SL from 90 to 3 pips. My reasoning was the winning trades barely even needed a SL. I've lost 1000s of dollars following signals of people running with giant stop losses. All of them went down in flames - with my money. I'm using money mgt in your EA but it does not appear to be working. The last 4 trades were each for about 9 lots each! The trades together went for a $1000 loss without even hitting my 3 pip stop loss because the lots were so huge. But no matter - it's a demo account. Do you know what's going on? It looks like I'm going to have to turn off money mgt and pick my own lot size. I've attached a pic of the settings from that SET file. The only thing I changed was the SL. My demo account balance is about $5000. That's more than I wanted but I didn't think it would be a problem.

Money management calculates the lot size based on stop loss size and account balance so if the stop loss is hit the loss is equal to that percentage of account. Making the stop loss as small as you have is causing the large positions, you need to reduce the risk MoneyManagementRisk which you currently have set to 5%.

hi, i bought your ea Night scalper yesterday, must it be set on all the pairs you suggest or is it just eurusd? the sets for the other couples where can I find them?

in three days no operation why?

I've given the EA a complete overhaul and retuned to using set files. Latest set files are below.

Forward testing - https://www.mql5.com/en/signals/1345059?source=Unknown#!tab=stats

Note the pip profit, all pairs are positive:

To get a smoother profit curve I would suggest using 5% risk on all pairs.