NIGHT SCALPING

The NIGHT SCALPING EA works during so-called night flat when quotes are slightly changed.

The EA opens series of differently directed trades depending on a movement character. Every trade closes by take profit, stop loss or by time. The EA uses filters to exclude trading in case of a strong movement.

Preffered currency pairs: GBPUSD, USDCHF (pairs with small spreads are recommended). The Expert Advisor determines four- and five-digit accounts automatically. The robot uses the magic number in order not to interfere with unrelated orders (positions).

Settings

• risk — risk as percentage of free margin (recommended value is 5% when leverage is 1:100);
• lot — trading lot (used if risk <=0 or >100);
• tp — take profit in points (default value is 10);
• sl — stop loss in points (default value is 70);
• delta — threshold level to open trades (default value is 5);
• delta_max — maximum threshold level to limit trades opening (default value is 40).

important: do not use this Expert Advisor when some important news articles are expected in order to avoid drawdown.

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