Description
These EAs systems can automate your trading. While traders of all experience levels can use this system, it can be beneficial to first trade on a demo account until you become consistent and confident enough to go live.
EA has live track records with low drawdown:
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
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 backtest and live performance
Advanced News Filter
Stock Market Crash Filter
Auto GMT detection
Self Diagnostic System
Negative Swap Filter
Backtests 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 (delete spaces!):
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
ShowPanel - on/off Info-panel
GMT/DST Test - GMT offset in winter and DST in Tester. This parameter has no effect on live trading
Please test in a demo account first for at least a week. Also, please make yourself familiar with and understand how this Robot MT4 works, then only use it in a real account.
Configuration Panel:
It is recommended that you do not make any changes to the presets. Simply load the appropriate pair preset (EURUSD, GBPUSD, or XAUUSD) and set the timeframe to M1. Please refrain from modifying any other settings.
MUST READ THIS:
When it comes to scalping, a broker with low spreads is key. Ideally, you should look for a broker with a spread of 0 pips or under 5 pips. It's important to check the spread of your broker before you begin trading. Do not use Standard or Accouns for this EA.
If your broker has a high spread, the EA will not perform as expected, resulting in lower returns or, in cases of excessive spread, it may not open trades at all.
Using a VPS is not mandatory, but if you choose not to use one, you will need to keep your computer running. If you decide to use a VPS, keep in mind that you will need to ask your broker for recommendations and assistance with installation, a VPS located close to your broker's server will help to minimize latency .
Recomendations:
PLATFORM: MT4
Recommended timeframe: M5
PAIRS: EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, GBPCAD
MIN DEPOSIT: $1000 PER PAIR IN ECN OR ZERO SPREAD ACCOUNT
HOURS: AROUND THE CLOCK
LEVERAGE: 1:500
Payment & Security
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