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EA Night Fox Scalper MT4

The EA uses scalping strategy at night, trading consists of three algorithms and each algorithm works in its own time interval.

The EA uses many smart filters to adapt to almost any economic situation.

Pending orders are used for the least slippage when trading scalping.

The adviser is safe and does not require any settings from the user, just install it on the chart and you are ready.

The EA sets a protective stop order, so the trader does not have to worry that the robot will allow significant drawdowns.

The EA does not use Martingale, Grid and other strategies with an increase in the lot.

When creating the EA, the history of quotes based on real ticks was used.

Timeframe: M5

МetaТrader 5 version: #81403

For the EA operation, open "Tools" > "Options" > "Expert Advisors". Check the option "Allow WebRequests for listed URL:". Add https://ec.forexprostools.com, https://world-time-zone1.com and click OK.

Requirements and recommendations
  • Low spread accounts are required.
  • The EA is attached to only one chart (any of the working pairs and any timeframe) - all trading on all pairs is carried out from only one chart! In the settings you can enable and disable currencies.
  • The minimum recommended balance for the EA (when used on recommended pairs and timeframes) is $ 50.
  • Broker with 5-digit and 3-digit quotes.
  • VPS.
  • Instructions for reducing the amount of RAM for EA: post/744213 ( the EA requires a minimum of 5000 bars in the history ).
  • Download the set file: https://www.mql5.com/en/market/product/81403#!tab=comments&page=1&comment=40029239
  • if you use several advisors on the same account, make sure that all the advisors have different Magic numbers.

For the Strategy Tester:

  • For testing, it is recommended to use:
    • Methods of modeling ticks:
      • Control points (based on the nearest less time frame).
      • All Ticks.

Symbols:
  1. EURUSD
  2. USDCHF
  3. EURAUD
  4. EURJPY
  5. EURCHF
  6. AUDCAD
  7. CHFJPY
Parameters:
  • EURUSD - if true, use EURUSD;
  • ...
  • AUDCHF
  • Magic_Start / Magic_Finish - ID of EA's trades.
  • Symbols_Prefix(Suffix)_Name - enter the prefix (suffix) ONLY if the name of the symbols uses a suffix (for example: "m."(".m") if the symbol name is "m.EURUSD"("EURUSD.m"));
  • Use several Symbols or Timeframes simultaneously in trading - setting up the number of currencies and timeframes for simultaneous operation.
      • OFF /  TF_For_All_Symbols /  TF_For_Each_Symbol_Separately /  Work_Symbols_at_one_Time.
    • Number Timeframes or Symbols - the number of currencies or timeframes.
  • Custom_Risk - if true, the lot size increases when account balance grows (risk management);
    • User_Balance - user-defined balance;
    • Add_to_User_Balance % - Add to User_Balance for a smooth transition to a new lot.
    • Lot on every - lot size per User_Balance;
  • Fixed_Lot - fixed lot (if Custom_Risk is false);
  • Order Type - trading direction;
  • Order Comment - comments to orders;
  • Slippage - allowed slippage before an order is triggered;
  • Show_Info_Panel - use the information panel (false - faster backtest);
  • Show_additional_panel - use the info panel for profit indicator per each month, for backtest only;
  • Adaptation of the spread to the stop loss - adapt the stop loss to spread;
  • Max Spread - maximum allowed spread;
  • Stop trade - disable trade for a certain time (from 1 minutes to 24 hours) if the average spread exceeds Max_Spread;
  • http / https - protocol for downloading economic news;
Trading within the week:
  • Monday - trade on Monday;
  • ...
  • Friday
Time trading within a day:
  • Use time - if true, the EA trades by time;
  • GMT setting - GMT settings;
  • GMT Auto ( only for real ) - automatic detection of the GMT shift (not for a tester);
  • GMT Mode - manual setting;
  • GMT_mode - GMT offset of the broker server time (0 - disabled);
  • Every_Day_Start - start time (hh:mm);
  • Every_Day_End - end time (hh:mm).
Time to disable on Friday:
  • Use time - if true, the EA trades by time;
  • Disable_in_Friday - end time on Friday (hh:mm).


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Version 10.71 2023.04.13
Fixed a bug with loading economic news.
Version 10.69 2022.06.07
Some functions have been improved.
Version 10.67 2022.05.13
Minor bugs have been fixed.