Loris Nuit

*******Loris Nuit*******

--------- EURUSD M5 ---------

Very effective scalping using a custom trend indicator to trade the end of the NY session where spreads are in general still low for EURUSD.

TP and Stop Loss are always in place. It is a solid strategy, you can use the default settings. You need not babysit the EA. However if there are big newsevents you can choose to not let Loris

Nuit trade on that day.

The backtest however was done not taking newsevents into consideration, so you can also simply choose to let the EA run and collect pips for you. 

You have some options to customize your settings, by choosing the amount of open trades, using increasing lotsizes, choosing the trend strength (smaller value stands for a stronger trend than

a larger value).