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Night Scalper EA MT5

The Night Scalper 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, but will also work on AUDUSD, GBPUSD, NZDUSD, USDCAD, USDCHF and likely many more. A VPS is advisable when trading this system and a low spread and commission based broker is best. Check the comments for back test results and optimized settings.

View More Products - https://www.mql5.com/en/users/robots4forex/seller#!category=1
Monitoring Signals - https://www.mql5.com/en/signals/author/robots4forex?orderby=gain

Features

  • Fully automated
  • High win rate aggressive scalping
  • Risk money management
  • Always a stop loss in place
  • This system is 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.
  • PositionComment- Allows you to set the position comment.

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.
  • CloseTimeFrame - Timeframe to use when looking to close positions.
  • MaxSpread - Maximum spread in pips that the EA will trade. Values from 1.0 to 10.0.
  • TakeProfit - The take profit (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.
  • 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.
  • 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.
  • RSIClosePeriod - The RSI period used as close signal - Values 1 to 40.
  • RSICloseThreshold - The RSI threshold used as close signal (Setting to 0 disables) - Values 0 to 40.
  • RSICloseThreshold2 - The RSI upper threshold used as close signal (Setting to 0 disables) - Values 0 to 40.
  • TakeProfitReductionMins - The reduction of TP in minutes - Values 0 to 1000.
  • TakeProfitMin - The minimum TP for reduced TP over time - Values 0 to 10.
  • ClosePositionsFriday - If enabled open positions are closed on Friday at the set time, true/false.
  • ClosePositionsFridayLastHour - The hour to close positions on Friday - Values 0 to 24.
  • ClosePositionsFridayMinutes- The minute to close positions on Friday - Values 0 to 59.


Optimization & Defaults

Default input values are for EURUSD M15. If optimizing, optimization of RSIPeriod, RSIThreshold, RSIClosePeriod and StopLoss are needed to find the best results.

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After 6 Years of Successful Manual Trading, My Strategies Are Now Available as Expert Advisors! Introducing the WallStreetKiller EA – a trading system built for the US30 from years of hands-on experience, extensive testing, and a steadfast commitment to secure, strategic trading. NO GRID, NO MARTINGALE, TIGHT SL EVERY TRADE. ONE TRADE PER DAY .   NO LOT MULTIPLIER. ICTRADING LIVE 10K SIGNAL   (You won´t see many other sellers with 10K accounts on their EAs). ICTRADING HIGH RISK SIGNAL WallStreet
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5 (9)
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Experts
Gold Scalping Expert is a very intelligent smart algorithm which exploits the reaction of gold during various high-impact events like geo-political news, pandemics, and economic changes.  This system trades breakouts using the popular zig-zag indicator by placing pending orders at the turning points and when the price breaks out beyond these levels the orders will get triggered.  The EA is using a very smart trailing stop and dynamic stop loss to protect your account and manage the risk properly
RainScalper
PT. PELATIHAN PROFIT INTERNASIONAL
Experts
Robot autotrading forex yang bekerja secara full otomatis menggunakan Strategi Scalping yang sangat profitable.Tidak menggunakan metode strategi yang berbahaya dalam trading yang menyebabkan hilangnya seluruh Deposit secara tajam seperti Hedging, Martingale, Grid, Arbitrage, dll. Kelebihan RainScalper adalah memiliki status Live Development yang berkesinambungan dalam jangka panjang berbeda dengan robot lain yang sering berganti nama ketika terjadi crash/mc; serta memiliki kemampuan multi-strate
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Leonid Arkhipov
5 (14)
Experts
Attention! From December 31 to January 5, disable Aurum AI auto-trading, due to the New Year holidays! January 6 (Monday) enable auto-trading! Aurum AI – The Power of Artificial Intelligence for Gold Trading (XAU/USD) Experience the full potential of technology in trading! Aurum AI is a groundbreaking expert advisor designed for stable and secure performance in the gold market. It combines the power of artificial intelligence, precise trend analysis, and strict risk control to make every trade
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