Market / MetaTrader 4 / Experts /

MyNight Scalper

299 USD

Demo downloaded: 444

Published: 1 February 2018

Current version: 2.0

MyNight Scalper

Experts
Chung Yee Leung
Version: 2.0
Updated: 14 March 2018
Activations: 5

MyNight Scalper is an automated scalping Expert Advisor that scalps at night, taking advantage of price consolidations during the quiet market. It is composed of eights strategies which are based on price action prediction, overbought/oversold levels determination, momentum and divergence. The EA implements advanced algorithms to verify the signals and find entry/exit points.

It can work on multiple currency pairs simultaneously and always uses stop loss orders for protecting your account.

No martingale, no grid, no hedging, no arbitrage

Recommendations

It is recommended to use an ECN broker with low spreads and a VPS.
Minimum initial deposit is $50.
Recommended currency pairs are GBPCHF, USDCHF, EURCHF and GBPUSD.

Parameters

StartHour — time (GMT) to start trading
EndHour — time (GMT) to end trading
AutoDST — automatic correction of Daylight Saving Time, True/False
TradeFriday — True/False
TradeWednesday — True/False
MaxSpread — maximum spread to open new positions or to close existing ones
MoneyManagement — FixedLot/RiskPercentage
RiskPercentage — percentage for the calculation of the lot size
FixedLot — fixed lot size
Takeprofit — take profit in points
Stoploss — stop loss in points
Magic — magic number of the EA's orders
VirtualTpSl — hide the take profit and stop loss of orders

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Version 2.0 2018.03.14

- Optimized the code in order to increase the operation speed of the trading system.

Version 1.10 2018.02.26

- Added new strategies based on momentum and divergence.
- Improved the quality of entry points by waiting confirmation of signals among the strategies.