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Evening Scalper Pro v2.29
Evening Scalper Pro v2.29 Content:ย Expert: Evening Scalper Pro (fix no dll).ex4 , Presets: ESP_M5_BestPairs.set, ESP_M5_AllPairs.set, How to install MT4 files.pdf ย Evening Scalper Proย is the state-of-the-art mean-reversion trading system that operates during the American trading session. Itโs very different from most other scalping systems, since it uses a unique trading logicย on cross pairsย that have aย strong […]
Description
Evening Scalper Pro v2.29
Content:ย Expert: Evening Scalper Pro (fix no dll).ex4 , Presets: ESP_M5_BestPairs.set, ESP_M5_AllPairs.set, How to install MT4 files.pdf
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Evening Scalper Proย is the state-of-the-art mean-reversion trading system that operates during the American trading session. Itโs very different from most other scalping systems, since it uses a unique trading logicย on cross pairsย that have aย strong mean-reverting tendencyย with high profit targets. EA enters the market with market orders from 19 to 23h, it doesย notย open trades during rollover (0:00-1:00). In terms of a trade duration, itโs classical scalping:ย in and out of the trade within a few hoursย 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:ย EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, GBPCAD
Recommended timeframe:ย M5
EA isย FIFOย compatible.
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The EA doesย not use martingale or grid.ย It only enters a trade withย market ordersย andย uses a stop lossย for each trade!
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Features:
- One Chart Setup:ย you only needย one chart to trade all symbols.
- Multipleย currency pairs support
- Doesnโt open trades during periods of low liquidity and bank rollover (0:00-1:00)
- Market execution
- Solid back testย andย live performance
- Advancedย News Filter
- Stock Marketย Crash Filter
- Auto GMTย detection
- Self-Diagnostic System
- Negativeย Swap Filter
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 theย Symbolย parameter.
- Use recommended pairs only. You donโt 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:
- https://ec.forexprostools.com
- https://www.worldtimeserver.com
- http://timesrv.online
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Requirements
- The EA requires good brokerage conditions:ย low spreadย andย slippageย during the rollover time. I advise using a reallyย good ECN broker.ย Write me personally for advice.
- The EA should run on a VPS continuously.
Setting
- Allow Opening a new Trade โ on/off opening new trades.
- Lot-sizing Method โ select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the โFixed lotโ 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 โ fixed trading lot
- Dynamic Lot- balance/equity to be used per 0.01 lot.
- Maximum Lot- max allowed trading lot
- Maximum Spread, in pips โ max allowed spread for position closing
- Maximum Slippage for a non-ECN acc, in pips โ max allowed slippage
- Maximum Symbols at a time โ 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.
- Symbols separated by comma โ 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 โ on/off Christmas/New Year filter
- StopLoss, in pips โ stop loss value in standard 4-digit pips.
- Hide StopLoss โ on/off SL hiding.
- Swap Filter โ cancels trading on Wednesday evening in the direction of the negative swap
- Max Negative Swap, in pips โ max negative swap
- News Filter Enabled โ on/off News Filter
- Trade Comment โ comment
- UID (0โฆ9) โ unique EA instance number. Usually, no need to change it.
- Show Panel โ on/off Info-panel.
- /DST Test โ GMT offset in winter and DST in Tester.ย This parameter has no effect on live trading.