NightSystem EA

Let me introduce a new scalper which works at night when price fluctuation is not sizable.

• The EA needs a broker with low night spreads to work properly.
• Minimum deposit is 100$.
• Recommended time frame is 15М.
• To make the EA setting more flexible we placed a part of parameters in settings. Other parameters are calculated automatically.
• We recommend to run the EA on volatile pairs without sharp rises.

Parameters:

1. General parameters

• сomment – comment to order opening.
• expiration – slippage in points.
• MagicNumber – unique order number (required to distinguish orders opened by this EA from other orders)

2. Trading parameters

• MM - enable/disable automatic lot management (money manager).
• MaximumRisk – risk to manage the lot.
• MaxSpread – value of maximum spread in points with which the EA will open a trade.
• StartHour – start hour to trade.
• StopHour - stop hour to trade.
• Lots – lot for trading when MM is disabled.
• TP – Take Profit value in points.
• SL – Stop Loss value in points

3. Parameters of signals to open/close positions

• рeriod – period used to calculate the channel.
• сorridorpips – minimum channel width in points to perform a trade.
• PipsTraid – height of the price overrunning the channel to open a position.
• PipsClose – height of the price overrunning the channel to close a position.

4. Trailing Stop parameters

• Trailingstop – enable/disable Trailing Stop.
• start – distance in points from the open price for Trailing Stop.
• shag – Trailing Stop step.