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Night Lottery EA MT4

4.6

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, AUDNZD and USDCHF using the M5 timeframe, defaults are for EURUSD. A VPS is advisable when trading this system. Check the comments for back test results and optimized settings. Any questions message me - https://www.mql5.com/en/users/robots4forex

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
  • Works on 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.
  • LotMultiplier - The lot multiplier for averaging trades. Values 1.0 to 2.0.
  • 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.
Reviews 5
AYM
135
AYM 2021.03.31 16:47 
 

Very good customer support !. Very nice to deal with. Totally recommended !!!. Thanks mark!!!

Andre Gomes
2771
Andre Gomes 2019.11.04 03:37 
 

Excellent support. EA is very promising!!

Clifton
751
Clifton 2019.01.20 20:26 
 

I took time to decide, it was Mark's setfile that he provided which gave me the confidence -D

5star product. I was looking for something like this.

I been looking for autolot, highrisk NY night hours for a set and forget.

Ill post more as live starts working

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5 (1)
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Custom EA MT5
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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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AYM
135
AYM 2021.03.31 16:47 
 

Very good customer support !. Very nice to deal with. Totally recommended !!!. Thanks mark!!!

Andre Gomes
2771
Andre Gomes 2019.11.04 03:37 
 

Excellent support. EA is very promising!!

Clifton
751
Clifton 2019.01.20 20:26 
 

I took time to decide, it was Mark's setfile that he provided which gave me the confidence -D

5star product. I was looking for something like this.

I been looking for autolot, highrisk NY night hours for a set and forget.

Ill post more as live starts working

Intet
94
Intet 2019.01.18 21:05 
 

Very good if you are looking for high risk. Im running on four different accounts and are more then 100% after two months on all four. But had two drawdowns of 50% so treat it like high risk. I would not recommend running when market is low liquidity like near the big holidays.

Jhs
309
Jhs 2018.11.15 11:35 
 

I have rented for a month, and the first night three winning trades, I hope you continue this well in forward even with the news about Italy and Trump, Mark is very attentive and responds immediately with any questions.I will make a comment when I finish the product rental and if it is positive, buy the expert finally. I hope that Mark will continue to improve the expert advisor. Thanks

14.12.2018. I am very angry because the last day of rental of the EA, 4 BUY (Eur/Usd), when the market is in range or downtrend, in lost leave and the EA has closed them to me automatically to the hour in which it expired, I suppose, the rent. Practically the expert advisor has made the same operations as the cheaper Hamster Scalping and Hamster Lite that is free. Would be better Mark's support to say when to put the expert On or Off based on market volatility or high impact news.

Reply to review
Version 1.23 2022.01.24
Added Strategy2 and TrendFilter2 options.
Version 1.22 2021.03.17
Added AllowBuy and AllowSell options.
Version 1.21 2020.06.11
Added MAFilter, MAFilterTimeFrame, MAFilterSlowPeriod, MAFilterSlowMode, MAFilterFastPeriod & MAFilterFastMode options.
Version 1.20 2020.06.02
Added StopTradingAfterStopLoss option
Version 1.19 2019.10.10
Fixed small bug in AllowMidEntryDueToSpread option
Version 1.18 2019.10.08
Deferred trades during market close to mid bar if enabled.
Version 1.17 2019.10.07
Added AllowMidEntryDueToSpread option.
Version 1.16 2019.09.25
Added StopLossType option.
Version 1.15 2019.09.14
Added LotMultiplierMax & Martingale options
Version 1.14 2019.09.12
Added LotMultiplier option.
Version 1.13 2019.09.11
Added News filter options. NewsFilter, NewsFilterURL, NewsFilterLevel, NewsFilterSearch, NewsFilterHighBeforeMinutes, NewsFilterHighAfterMinutes, NewsFilterMediumBeforeMinutes, NewsFilterMediumAfterMinutes, NewsFilterLowBeforeMinutes & NewsFilterLowAfterMinutes.
Version 1.12 2018.11.13
Added NoTradingOutOfTimes, ClosePositionsFriday, ClosePositionsFridayLastHour, ClosePositionsFridayMinutes options.
Version 1.11 2018.10.17
Added a check for disabling trading if the connection is lost throughout the end candle hour.
Version 1.10 2018.10.07
Added protection against requotes during news taking it negative more than the slippage setting.
Version 1.9 2018.10.01
Fixed issue with RSI calculation.
Version 1.8 2018.09.13
CloseAllPositionsThreshold is now number of pips rather than number of positions.
Version 1.7 2018.09.05
Improved performance.
Version 1.6 2018.08.31
Allowed for restart of EA when trades are open.
Version 1.5 2018.08.30
Added RMIEntry, RMIPeriod, RMIMomPeriod & CloseOpposingPositionsOnSignal options. Improved position closing for live trading.
Version 1.4 2018.08.29
Allowed for start candle being 1 hour before market open on sunday.
Version 1.3 2018.08.27
Added InvisibleTakeProfit, RSIThresholdBuy, RSIThresholdSell, BreakEvenCandle, BECandleHour, CloseAllPositions, CloseAllPositionsThreshold options.
Version 1.2 2018.08.25
Improved performance and added new options.