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Night Scalper EA

4.33

The Night Scalper EA is a fully automated Expert Advisor that trades at night and exploits price reversion. The EA trades using limit orders with stop loss and take profit. This EA works best on EURUSD, EURGBP, USDCHF & GBPUSD. Version 2 is a complete overhaul of the EA allowing for full customizable night scalping. Defaults are for EURUSD, check the comments for set files for version 2. Limited time special offer, review Night Scalper EA and get an EvoAI 1 year licence!

Features

  • Multi currency strategy
  • Fully automated
  • High win rate scalping
  • Risk money management
  • Always a stop loss in place
  • Single position strategy (Suggested set files)
  • No Grid, Averaging or Martingale (Suggested set files)
  • This system is NFA/FIFO compliant

Input Settings

Order Settings

  • Magic - Unique number for the EA to identify its trades. Any integer.
  • Initial Lots - Number of fixed lots per trade if money management is off. Values from 0.01 to 50.0.
  • Standard Account Slippage - Slippage in pips. Values from 1 to 10.
  • Allow New Trades - Turn this of to disable new trades, true/false.
  • Account Profit Lock - 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.
  • Comment - Allows you to set the position comment.
  • GMTOffset - Set the GMT offset for the MT4 server, exclude DST.

Hundreds of settings for the following:

  • Money Management
  • Interface
  • High Spread Entry
  • Spread Protection
  • Avoid XMas Dates
  • Limited Trading Times
  • Entry Settings
  • Take Profit
  • Stop Loss
  • Market Pending Entry
  • Exit Settings
  • Averaging
  • Bollinger Bands ATR TP Exit
  • Bollinger Bands Exit
  • CCI Exit
  • MA Exit
  • RSI Exit
  • Time Limit Exit
  • Trailing Stop Loss
  • ATR Filter
  • Bar Time Filter
  • Day Filter
  • High Activity Filter
  • Moving Average Filter
  • News Filter
  • Bollinger Bands Entry - Market & Limit
  • RSI Entry - Market
Comentários 3
Rochelle Brown
370
Rochelle Brown 2019.02.25 03:21 
 

I have been seeing very good results past few weeks since I purchased this EA!

Jeremy Saylor
289
Jeremy Saylor 2019.02.07 08:08 
 

I have never seen anything so beautiful in back testing! This is AMAZING work! Deserves 10 stars!! I haven't gone live yet but I feel pretty confident with this EA!

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The Extreme Breakout EA is a fully automated multi currency Expert Advisor that trades time based breakouts and has various options to improve performance. The Extreme Breakout EA trades using pending orders and has the option to enter using market orders if required. 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 Designed for USDJPY. Features Fully automated Not sensitive
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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
Filtro:
Rochelle Brown
370
Rochelle Brown 2019.02.25 03:21 
 

I have been seeing very good results past few weeks since I purchased this EA!

Jeremy Saylor
289
Jeremy Saylor 2019.02.07 08:08 
 

I have never seen anything so beautiful in back testing! This is AMAZING work! Deserves 10 stars!! I haven't gone live yet but I feel pretty confident with this EA!

desertjedi
228
desertjedi 2019.01.31 18:01 
 

So far, the Night Scalper EA has worked flawlessly. In my first week of trading, I have not encountered a losing trade...on a demo account...usimg Mark's latest high win SET file with M5 time frame on EURUSD. I think the key will be finding the right balance between account balance and money management risk setting (in the SET file) and what kind of drawdowns occur. I'm sure there's a sweet spot.

Mark has been great answering my questions. I look forward to experimenting more with this EA and, of course, running it live.

UPDATE: The first week I used the EA, it was consistently make small, profitable trades. The second week resulted in a massive loss, followed the next day by another massive loss - all in a demo account thankfully. Stop losses are too far away from entries. I'm coming to the conclusion that EAs in general are a waste of time and instead of trying to find one that consistently makes money my time would be better spent learning to trade manually. With EAs, it's always a question of, okay, what do I do now that the account is hemorrhaging? Close the trades? Wait a day, a week, a month waiting for a recovery that may never come? By far, the most success I've had has been following signals that are 0% algo simply relying on the expertise of the trader. I wish Mark, the EA author, no ill will but I'm moving on.

Responder ao comentário
Versão 2.1 2022.07.24
Complete overhaul of the EA, default is for EURUSD. Set files for other pairs will be in comments.
Versão 1.5 2021.10.15
Added MultiCurrencyAuto option to trade M15 EURUSD, AUDCAD, EURCAD, EURCHF, EURGBP, GBPCAD, USDCHF, EURJPY, USDCAD, AUDCHF, CADJPY, AUDNZD & GBPCHF.
Versão 1.4 2019.01.21
Bug fix.
Versão 1.2 2019.01.19
Added time averaging options to improve commission to gain ratio.