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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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1.25 (4)
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Maksim Dmitriev
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4.5 (12)
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5 (55)
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Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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Ho Tuan Thang
3.94 (34)
ONLY 2 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
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Thi Thu Ha Hoang
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Version 1.9 2021.03.17
Updated options to match MT4 version.
Version 1.8 2019.11.18
Updated functionality to match MT4 version minus the news filter functionality.
Version 1.7 2018.11.13
Added PositionComment, NoTradingOutOfTimes, ClosePositionsFriday, ClosePositionsFridayLastHour & ClosePositionsFridayMinutes options.
Version 1.6 2018.10.17
Added a check for disabling trading if the connection is lost throughout the end candle hour.
Version 1.5 2018.10.07
Added protection against requotes during news taking it negative more than the slippage setting.
Version 1.4 2018.10.01
Fixed issue with RSI calculation.
Version 1.3 2018.09.11
Updated to match MT4 version.
Version 1.2 2018.08.25
Improved performance and added new options.