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AlgoTradingNightEA MT4

5

Monitoring of real trading Advisor - click here

The MT5 version of the expert Advisor is here - https://www.mql5.com/en/market/product/84219

Keep in mind that the results on different brokers will be different, before using it, I recommend testing on your broker, also keep in mind that the results on MT4 / MT5 may also differ.

Read the blog post with the description of the adviser before starting work and if you have any additional questions, write to me in the PM.

If at your broker Symbol Name have prefix/sufix please specify it in the appropriate line in the Adviser settings!!!

A fully automatic Expert Advisor designed for trading on  USDCHF/EURUSD/GBPUSD/EURCHF/USDCAD/GBPAUD/CADCHF/EURAUD/AUDCHF/GBPCHF currency pairs.

The strategy is based on price deviations in the evening, at little volatile time.

The EA uses filters to prevent potentially unprofitable trades (it will be replenished with additional filters in the future).

The Expert Advisor uses an additional filter to exit the position before the stop loss is reached.

The EA also uses GMT Offset settings to adjust the time, 2 is set by default. On the main popular brokers (IC Marke.. etc.), this value is used and does not require changes during trading/testing. If you are in doubt about the settings, please write me, I will tell you exactly how to configure.

If you have any questions, you can write to me in private messages, I am always happy to help.

In addition, I will be glad to any suggestions for improving and supplementing the functionality of the adviser.

Main Features:

  • Stop loss/Take profit is always used.;
  • Martingale/grid/hedging is not used, etc ;

    Recommendations:

    • I recommend to start testing on a demo account or with a minimum lot.
    • I recommend testing on the broker you plan to trade on, because the results may differ on different brokers, using an ECN account Pro// Raw spread/Razor, etc.
    • The period for testing with 100% quality is no more than 2-3 years, depending on the broker, because older quotes are not quite of high quality, this can be seen in the log at the beginning of testing (the absence of tick data in some intervals).
    • Install the Expert Advisor on the USDCHF M5 currency pair.
    • The recommended pairs are   USDCHF/EURUSD/GBPUSD/EURCHF/USDCAD/GBPAUD/CADCHF/EURAUD/AUDCHF/GBPCHF . (if the symbol name is different, there is a prefix or suffix, specify it in the appropriate line in the Adviser settings)
    • Timeframe M5.
    • It is recommended to use a VPS server.
    • Trading leverage is 1:100 and higher (it is possible with a smaller leverage but with a lower Risk/Lotstep AutoLot value).
    • For the news filter to work  need to add "https://ec.forexprostools.com " in Tools/Options/Expert Advisors/Allow WebRequest for listed URL: and click the allow checkbox



    Avis 1
    ali muhammad
    711
    ali muhammad 2023.12.10 07:31 
     

    Best EA controller every trade and long term results is very good

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    ali muhammad
    711
    ali muhammad 2023.12.10 07:31 
     

    Best EA controller every trade and long term results is very good

    Répondre à l'avis
    Version 3.1 2024.03.09
    Updated information for DST (Daylight Saving Time)
    Version 3.0 2023.07.22
    added an additional swap filter (disabled by default)
    added the Split X function (splitting 1 order into several orders)
    the Buy/Sell shift setting has been added for each pair
    position filter for the same currencies has been added (i.e. if a Buy transaction has been opened for AUDCAD, the AUDCHF buy limit orders will be deleted)

    The default settings of the adviser have also been changed to new ones (old settings can also be used, I recommend saving all previous settings before updating)
    Version 2.42 2023.05.20
    - Added an information panel (if you have comments, write to me in the PM)
    - Added a news filter (you need to add "https://ec.forexprostools.com " in Tools/Options/Expert Advisors/Allow WebRequest for listed URL: and click the allow checkbox)
    - Added the input parameter maximum number of open positions for all symbols (if the limit is reached, pending orders are deleted)
    - Added the Suffix/Prefix input parameter for convenience, only the symbol name is specified in the symbol parameters (EURUSD/GBPUSD for example), and in the Suffix line specify the suffix of your broker's symbols ( .ecn for example).
    Version 2.41 2023.04.18
    Fixed a bug in the operation of the last added DST function
    Version 2.4 2023.04.15
    added parameter
    - DST terminal (broker) MODE (US/EUROPE)
    It is necessary when testing and working on brokers whose DST (daylight saving time) occurs according to European time.
    If your broker has DST by US time, leave default (US DST)
    If you are not sure or do not know how to choose the right one, write to me, I will help.
    Also, in case of any changes, I will additionally inform you in the discussion section of the adviser.
    Version 2.3 2023.02.21
    Added an additional parameter (disabled by default)
    - Only sell/buy position at same time
    - Distance to delete Sell/Buy Limit if opposit pos <
    Version 2.1 2022.12.14
    add Swap Filter
    - Swap filter 3days (On/Off SwapFilter)
    - Swap value filter (in point) if swap value total is less no trade (eg USDCHF Swap Short (-13.61), on Wednesday Swap (-13.61x3 = -40.83), this is less than the specified value (-15), so the adviser will not open an order this evening.
    Version 2.0 2022.12.13
    added additional input parameters:
    - BBand settings
    - Enabling and configuring filter No. 2 position modification (previously hidden) some default settings have been changed
    - Enabling and configuring the Order opening filter No. 6 (new)
    - Enabling the order opening filter No. 7 (new)
    - Enabling/disabling trading on Monday morning (for the main and additional currency pairs) (setting the start time (minutes))
    - Enabling/disabling trading on Friday evening (for the main and additional currency pairs)
    - Enabling/disabling and configuring the channel width filter (for the main and additional currency pairs)
    Version 1.34 2022.10.29
    The algorithm of additional verification of the removal of pending orders has been slightly changed.