Blazing Night Scalper MT4

$0.00

https://www.mql5.com/en/market/product/72235?source=Site+Market+MT4+Rating006#description

Description

DOWNLOAD THIS DETAILED BACK TEST REPORT – CLICK HERE  

PAY ATTENTION TO THE LOSING AND WINNING PERIODS TO GAIN INSIGHT INTO HOW THE EA OPERATES THRU CYCLES OF WINNING AND LOSING, WHILE IT PUSHES THE WINNING CYCLES HIGHER THAN THE LOSING CYCLES.

WARNING: Setting your lot size too high can cause very heavy drawdowns. We recommend .05 per $1000 of your balance.

BACKTESTING IN MT4 will only allow you to Back test 1 pair at a time…
The Strategy works on multiple pairs and will give a more realistic back test in Metatrader 5 since MT5 will backtest with all the currency pairs at one time.

The strategy was Back-tested Stable from 2009 to 2021 using every tick based on real ticks in MT5 using Dukascopy Real Ticks 100% tick quality.
Live Testing is being compared to back-testing week by week. If the back testing resembles the live trading over the next few weeks Live Beta Testing will be complete.

Blazing Night Scalper works only on the M5 Timeframe.

Recommended Brokers: ICmarkets, Vantage, Pepperstone,  Tickmill,  Fusion Markets & Oanda Core Pricing account.

NO NEED TO USE ANY SETTING FILES – Load the EA on one M5 Chart and then simply set the “USE MULTI SYMBOL setting to True”

This Expert Advisor trades only at night and focuses on these currency pairs:

  • AUDCAD,EURAUD,EURCAD,EURUSD,GBPAUD,GBPUSD,USDCHF,USDCAD

You can also change the symbols and it can trade up to 20 currency pairs if you so choose.

  • AUDCAD,AUDCHF,AUDJPY,AUDNZD,AUDUSD,CADCHF,EURAUD,EURCAD,EURCHF,EURGBP
  • EURJPY,EURUSD,GBPAUD,GBPCAD,GBPCHF,GBPUSD,NZDUSD,USDCAD,USDCHF,USDJPY

This EA is a scalping system that works best with low spread. It looks for the lowest spread of the night hours and finds an entry point based on recent highs and recent lows. It does not use indicators, instead it uses it’s own logic to calculate the entry for a trade.

It uses a Take Profit and Stop Loss without the use of ang Martingale or grid systems. It does have a Stop Loss reduction system to get you out of a trade early to minimize losses and prevent a long floating loss.

I provide fanatical support and will assist anyone needing assistance, anytime!  Back test the Advisor and use only the highest quality tick data. Then analyze the live trades with the back testing to see how it correlated.