Expert Advisor FU NightScalper

Test monitoring:

www.myfxbook.com/strategies/fu-nightscalper/177831

Features / Requirements:

System Type: Scalping
Timeframe: M5
Minimum balance: 200
Number of characters: 5 (0.xxxxxx)
Currency pair: EURUSD
Expected Profit / Loss Ratio: 280/1
Broker: Low spread, fast execution

Installation:

There are no special requirements or comments. It is installed as a regular adviser for a pair of EURUSD M5 timeframes.

Description of the algorithm:

EA is looking for an entry point based on price impulses.
If the initial order does not give a profit and there are repeated signals, EA opens new orders in an amount up to MaxOrders.
The exit is carried out upon reaching ProfitProcent as a percentage of the balance or StopLoss in points.
Orders are accompanied by a virtual TrailingStop and are also protected by a virtual Lossless.
Opening hours only at night, the first few hours from the beginning of a new day according to the time of the broker.

Description of parameters:

Risk ……………………………………………. Percent risk
ProfitProcent ……………………………………………. Profit as a percentage of the balance
StopLoss …………………………………………………. Stop in points
Tral …………………………………………… .Trailing Stop in points
TralStart ……………………………………………. Breakeven in points
TimeStart …………………………………………………. Start Time
TimeEnd ………………………………………………….Time of completion
MaxOrders …………………………………………….Maximum number of orders
MaxSpread …………………………………………….Maximum spread
PipsStep ……………………………………………. Signal Filter. The higher the value, the more accurate the signal.
Magic ……………………………………………. Order marker

For open source .mq4, contact:

 Phone: +380963149190
 E-Mail: forexforua@gmail.com 
 Skype: FOREXforUA
 Telegram: @forexforua

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