Night Trader Scalping Forex EA for EURUSD
Market Price: 249 USD
Strategy Introduction: https://www.mql5.com/zh/market/product/18571
Real Signal Source 1: https://www.mql5.com/zh/signals/229582
Real Signal Source 2: https://www.mql5.com/zh/signals/270232
Forex EA Name: Night Trader Scalping Forex EA for EURUSD. This EA exclusively performs short-term trades during the night, between the end of the New York session. No grids or martingale strategies are used, and there's no need for manual configuration or adjustment. Each trade is protected by a stop loss.
It operates during periods of low volatility and trades based on indicators. It then applies dynamic stop-loss and take-profit levels according to these indicators. Reverse closure further reduces potential losses based on the Bollinger Bands.
Tradable Currency Pair for EA Strategy: EURUSD
Trading Timeframe: M15
Operating Mode: EURUSD, M15
Recommended Capital: $50 initial deposit / 0.01 lots.
Custom Magic – unique ID identifying Expert and Pair
Custom Comment – Trade comment
Custom Set Marker – Identifier for multiple settings per pair
Using FIFO – Expert opens only 1 trade per timeframe
Max allowed spread – maxi. allowed spread
Use dynamic Money-Management – enable automatic lot sizes calculation
Use fixed Lot-Size – when money management is disabled, all trades open with this lot size
Risk – determine risk per trade
Min margin level for trading -?when margin level becomes lower than entered, EA will no longer open new trades
Use user stoploss and TakeProfit – user-defined TP and SL
Use Hidden StopLoss and TakeProfit -?if true, classic SL and TP will be multiplied by 2, and hidden SL will be halfway set
Stoploss in Point – user Stoploss in Point
Take Profit in Points – user?Take Profit in Points
Use trend filter – if true, in case of trend, only trades in trend direction will be opened
Max trades per session – max. trades per session
Max Lot-Size – max. lot size per trade
Use swap-Filter – If enabled this expert will not open trades shortly before a negative swap of the set amount would be created
Swap Rollover Hour of Your Broker – The hour (in GMT) at which your broker will credit or subtract swaps to/from your account
In Minutes Swap Check to Prevent trading – The timespan taken into account for swap checking
Max Minus Swap Allowed – max. height of allowed swap costs per lot. (Please use positive number)
Use Newsfilter – Set true to use newsfilter
Add Currencies Show – Add newsfilter currencies to show
Add Currencies Block – Add newsfilter currencies to block
Length of your providers Prefix – Length of the prefix your provider uses
Distance news label left – Distance from left for news label
Distance news label top- Distance from top for news label
Use Hidden StopLoss and TakeProfit – use hidden stoploss and takeprofit
Reverse closing – if enabled, indicators are used to further reduce possible losses
Is New York in DST – set to true if New York uses Daylight saving time (Spring)
GMT Offset in hours: IMPORTANT ONLY FOR BACKTESTING,
Trade On Sunday – Set true, to trade on Sundays
remoteDisableFunctionality – When true, trading will be suspended in sync with our signal
Remote reduce risk – if set to true, allows us to remotely set your expert to trade with reduced risk
Remote reduce risk factor – the risk modifier that will be applied to your default risk when in ?reduced‘-mode
Receive notifications – if enabled you will get notifocations about various activities of this ea
News source – URL for news feed
Switch off source – URL for remote disable functionality
vesion check url – Url for version check
Overwrite Trading Time: Please use GMT0 only! – Change trading time
Trading start hour – Trading start hour
Trading start minute – Trading start minute
Trading end hour – Trading end hour
Trading end minute – Trading end minute
Closing start hour – Closing start hour
Closing start minute – Closing start minute
Closing end hour – Closing end hour
Closing end minute – Closing end minute
Use correlation bounce – Prevents trading of currencies with similar trends
Correlations – Values used for bounce
Optimization Values – set of values that optimize the general trading behavior of this EA