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Evening Scalper Pro v2.29

$19.00

Evening Scalper Pro v2.29 Content: Expert: Evening Scalper Pro (fix no dll).ex4 , Presets: ESP_M5_BestPairs.set, ESP_M5_AllPairs.set, How to install MT4 files.pdf   Evening Scalper Pro is the state-of-the-art mean-reversion trading system that operates during the American trading session. It’s very different from most other scalping systems, since it uses a unique trading logic on cross pairs that have a strong […]

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Description

Evening Scalper Pro v2.29

Content: Expert: Evening Scalper Pro (fix no dll).ex4 , Presets: ESP_M5_BestPairs.set, ESP_M5_AllPairs.set, How to install MT4 files.pdf

 

Evening Scalper Pro is the state-of-the-art mean-reversion trading system that operates during the American trading session. It’s very different from most other scalping systems, since it uses a unique trading logic on cross pairs that have a strong mean-reverting tendency with high profit targets. EA enters the market with market orders from 19 to 23h, it does not open trades during rollover (0:00-1:00). In terms of a trade duration, it’s classical scalping: in and out of the trade within a few hours at the most. The EA uses a number of advanced techniques to identify the most accurate points of entry and exit, which is why win rate is high.

Supported currency pairs: EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, GBPCAD

Recommended timeframe: M5

EA is FIFO compatible.

 

The EA does not use martingale or grid. It only enters a trade with market orders and uses a stop loss for each trade!

 

Features:

  • One Chart Setup: you only need one chart to trade all symbols.
  • Multiple currency pairs support
  • Doesn’t open trades during periods of low liquidity and bank rollover (0:00-1:00)
  • Market execution
  • Solid back test and live performance
  • Advanced News Filter
  • Stock Market Crash Filter
  • Auto GMT detection
  • Self-Diagnostic System
  • Negative Swap Filter
Back tests should be done with Tick Data Suite GMT+2 with US DST. This GMT offset is used by most brokers.

How to install

  • The EA must be attached to ONLY one M5 chart, EURUSD is recommended (because it has the most price ticks)
  • If your broker uses a suffix (e.g., EURUSD.a) you should update names in the Symbol parameter.
  • Use recommended pairs only. You don’t need .set files, all settings are stored internally in the EA.
  • Please allow web requests to the following URLs for news filter and GMT detection:
    1. https://ec.forexprostools.com
    2. https://www.worldtimeserver.com
    3. http://timesrv.online

     

Requirements

  • The EA requires good brokerage conditions: low spread and slippage during the rollover time. I advise using a really good ECN broker. Write me personally for advice.
  • The EA should run on a VPS continuously.

Setting

  • Allow Opening a new Trade – on/off opening new trades.
  • Lot-sizing Method – select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lots will use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you.
  • Fixed Lot – fixed trading lot
  • Dynamic Lot- balance/equity to be used per 0.01 lot.
  • Maximum Lot- max allowed trading lot
  • Maximum Spread, in pips – max allowed spread for position closing
  • Maximum Slippage for a non-ECN acc, in pips – max allowed slippage
  • Maximum Symbols at a time – max allowed number of symbols that can be opened at the same time.
  • Allow to Buy/Sell- on/off Buy/Sell trades.
  • Maximum Drawdown Percent- if current floating drawdown exceeds the specified % the EA will close open positions.
Strategy
  • Symbols separated by comma – list of pairs to trade. Suffix needs to be included if your broker uses one!
  • Hour to Start/Stop Opening Orders- when the EA can start/stop opening new orders. Set Smart Time Filter to false if you want to optimize these parameters.
  • Smart Time Filter- on/off smart time filter
  • Hour to Stop Trading (on Friday)- hour to stop trading (on Friday). All open positions will be closed at this hour.
  • New Year Holiday Filter – on/off Christmas/New Year filter
  • StopLoss, in pips – stop loss value in standard 4-digit pips.
  • Hide StopLoss – on/off SL hiding.
  • Swap Filter – cancels trading on Wednesday evening in the direction of the negative swap
  • Max Negative Swap, in pips – max negative swap
  • News Filter Enabled – on/off News Filter
Others
  • Trade Comment – comment
  • UID (0…9) – unique EA instance number. Usually, no need to change it.
  • Show Panel – on/off Info-panel.
  • /DST Test – GMT offset in winter and DST in Tester. This parameter has no effect on live trading.

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