A completely computerized Professional Advisor designed for buying and selling onUSDCHF/EURUSD/GBPUSD/EURCHF/USDCAD/GBPAUD/CADCHF/EURAUD/AUDCHF/GBPCHFforeign money pairs.
The Professional Advisor is already configured and able to work
– For testing, you solely must allow the Full Auto Commerce parameter
– For actual buying and selling, you additionally must allow this parameter and I additionally suggest enabling the information filter, its description is beneath
The technique relies on worth deviations within the night, at little unstable time.
The EA makes use of adaptive filters to forestall doubtlessly unprofitable trades(it will likely be replenished with extra filters sooner or later).
The Professional Advisor makes use of an extraadaptivefilter to exit the place earlier than the cease loss is reached.
MT5 model is out there right here:https://www.mql5.com/en/market/product/84219
MT4 model is out there right here:https://www.mql5.com/en/market/product/86753
Monitoring of actual buying and selling Advisor–https://www.mql5.com/en/alerts/writer/bebikovi
Earlier than utilizing it, I like to recommend first take a look at 1-2 weeks on a demo account or on an actual one with a minimal lot to guarantee that all the things is about up accurately and there aren’t any errors.
Continuously Requested Questions
What sort of account ought to I exploit?
Suggest a low unfold (Uncooked, ECN) account with at the least 1:100 leverage.
What timeframe ought to I exploit?
Please putAlgoTradingNightEAon USDCHF M5 chart and it’ll routinely commerce all of the symbols (with default settings +Full Auto Commerce – true)
Is it FIFO compliant?
With default setting no, it’s not.AlgoTradingNightEArequires a hedge account to run correctly.
However it may be used with FIFO, simply set just one Purchase/Promote mode (Enable SellLimit/Enable BuyLimit)
Which model ought to I get? MT4 or MT5?
The algorithm is identical, however as a result of specifics of the code implementation, orders could differ. Additionally, within the mt4/mt5 terminal on the identical account / dealer, quotes could differ barely, in addition to delays and PC/VPS workload could have an effect on the outcome
What number of activations do I get?
AlgoTradingNightEAcomes with 7 activations.
How usually do you propose updates?
For now,AlgoTradingNightEAis an entire product. it will likely be up to date as wanted and new concepts seem
Which VPS supplier do you suggest?
I can’t suggest any VPS. Write me pm for extra data.
Is there a Telegram group?
No, that is in opposition to the principles of the market. Full help is offered within the dialogue part and in non-public messages
IsAlgoTradingNightEAobtainable to buy wherever else?
No, it’s obtainable solely on MQL5 so in the event you discover it wherever else, it is not going to be a real product.
Why do I get totally different/worse backtest outcomes?
- The standard of market information offered by your dealer (it varies from dealer to dealer)
- The swaps and unfold of every dealer could have an effect on the backtest outcomes
- Invalid WinterGMT Offset worth (guarantee that the proper worth is specified. You could specify the GMT of your dealer (terminal), which is used from November to March. I.e. If the dealer has GMT +3 in summer season (from April to October), and GMT +2 in winter (from November to March), you have to specify Winter GMT Offset = (+2)). On the principle well-liked brokers, this worth is +2 (because the default)
Is reside buying and selling the identical as backtesting?
You probably have top quality information offered by dealer sure, it’s precisely the identical as actual buying and selling (there could also be some variations attributable to delays and VPS/PC load)
How do I backtest it?
the best high quality testing might be obtained within the mt5 terminal. Within the mode each tick relies on actual ticks
For full computerized testing mode for all foreign money pairs specified within the EA settings, specify (Full Auto Commerce (USDCHF/EURCHF/EURUSD/GBPUSD/USDCAD + extra pairs) – true), this mode works solely in MT5 tester.
in the event you do take a look at at MT4 testerto get extra actual outcomes, I like to recommend utilizing extra software program (for particulars, write to me in PM)
in MT4 tester, you’ll be able to solely take a look at every particular person pair. To do that, choose the image on which you’ll take a look at, activateFull Auto Commerce –and disable buying and selling with all different symbols within the Professional Advisor settings (in mt5, to check every particular person foreign money pair, you have to additionally disable buying and selling of all foreign money pairs within the settings, apart from the one you need to take a look at, you can’t change the image within the tester (go away USDCHF)).
What yr can I backtest from?
There is no such thing as a restrict, however earlier in 2016, market circ*mstances had been utterly totally different (liquidity was very low, and spreads had been very massive) and don’t correspond to in the present day’s market circ*mstances.
How you can begin the professional:
- RunAlgoTradingNightEAsimply on one chart– USDCHF (M5 timeframe and setFull Auto Commerce – true). As soon as it’s hooked up to a chart, it’s going to routinely scan charts of different foreign money pairs and open positions accordingly.
- IMPORTANT! If you’re operatingAlgoTradingNightEAon a model new platform – here is what that you must do to ensure that it to start out buying and selling:
- MT5: run backtest from final yr so the EA will get sufficient needed historic information in an effort to gas up a few of its needed instruments
- MT4: click on CTRL + U and add each Main and Minor image into your market watch. Then open H1 chart of each single considered one of them and go away it on for a minute or two so information can be downloaded. Then restart the platform and run theAlgoTradingNightEAsimply on one chart– USDCHF (M5 timeframe and setFull Auto Commerce – true)
Are the default settings good?
Sure, solely want set(Full Auto Commerce (USDCHF/EURCHF/EURUSD/GBPUSD/USDCAD + extra pairs) – true)and you may change them accordingly to your fashion of buying and selling for instance by altering “Danger per commerce”
Is there a beneficial set file obtainable?
Default settings are beneficial +(Full Auto Commerce (USDCHF/EURCHF/EURUSD/GBPUSD/USDCAD + extra pairs) – true)
What’s the minimal begin stability?
The minimal beneficial begin stability is $200
CanAlgoTradingNightEArun alongside different consultants?
Sure, however please guarantee that all of your professional advisors have totally different magic numbers and that you just regulate the chance accordingly
How can I enhance the revenue?
You possibly can enhance your revenue by both rising mounted lot or rising danger per commerce within the settings.
How you can enhance traded lot sizes?
The simplest method to enhance the traded lot measurement is by rising the Danger (%) / mounted lot/ LotStep.
The inputs are described in particulars within the enter part
How you can repair error 4752?
This error signifies that you just’ve not enabled auto buying and selling. To be able to repair this, that you must carry out two duties:
Firstly, the “Algo Buying and selling” button on high of your Metatrader terminal ought to be inexperienced (enabled)
Then in professional settings in “Frequent” part the “permit Algo buying and selling” field ought to be checked
My symbols have prefix or suffix, what do I do?
If at your dealer Image Identify have prefix/sufix please chang image identify at setting!!!
What if my account is in a special foreign money than USD?
It doesn’t matter what foreign money is your account in,AlgoTradingNightEAhandles it routinely
How you can repair error “Indicator ‘………’ can not load”?
It means the historical past of charts should not loaded, to repair this as soon as open all of the charts of the symbols you included within the image checklist and let the charts load
Please see an in depth description of all of the inputs of the AlgoTradingNightEA beneath:
Major timeframe
the principle timeframe for the AlgoTradingNightEA / indicators used
Full Auto Commerce (USDCHF/EURCHF/EURUSD/GBPUSD/USDCAD + extra pairs)
prompts the buying and selling mode for all pairs specified within the enter parameters (to check one of many foreign money pairs individually, flip off buying and selling with all pairs besides the one you need to take a look at within the enter parameters). At MT4 tester this mode not work.
Checking a brand new bar solely by the principle image
checking a brand new bar solely by the principle image on which the Professional Advisor is put in (USDCHF)
Magic Quantity
ID of the adviser’s transactions
EA Remark
touch upon the adviser’s deal
Use Steadiness/Fairness for AutoLot
use the stability or fairness to calculate the lot
Lot calculation mode
lot calculation methodology
– Use Danger for AutoLot
– Use LotStep by stability
– Use Repair Lot
Lot Step AutoLot
lot step when calculating a buying and selling lot within the ( LotStep by stability) mode
Steadiness Step AutoLot
stability step when calculating a buying and selling lot within the (LotStep by stability) mode
Repair Lot
mounted lot for buying and selling within the mode ( Use Repair Lot)
Take Revenue (primary pair)
TP for the principle pair (USDCHF)
Extra verify TP
extra TP verify for positions (in case of optimistic slippage)
Max TakeProfit (in pips)
Most TP measurement, with extra TP verify
Cease Loss (primary pair)
SL for the principle pair (USDCHF)
Max Unfold (in pips)
Most allowable unfold measurement for open orders
SellLimit Shift (in pips)
the shift for putting a pending restrict order, relative to the calculated stage
BuyLimit Shift (in pips)
the shift for putting a pending restrict order, relative to the calculated stage
Winter GMT Offset
You could specify the GMT of your dealer (terminal), which is used from November to March. I.e. If the dealer has GMT +3 in summer season (from April to October), and GMT +2 in winter (from November to March), you have to specify Winter GMT Offset = (+2)).
EA Begin Hour (primary pair)
Begin Minute (primary pair)
EA Finish Hour (primary pair)
Finish Minute (primary pair)
The time of operation of the Professional Advisor for the principle foreign money pair specified within the parameter (USDCHF_SYMBOL_NAME)
Commerce at Monday morning (primary pair) (On/Off)
Begin Minute at monday (primary pair)
Commerce at Friday night (primary pair) (On/Off)
Enabling/disabling buying and selling on Monday morning and Friday night for the foreign money pair specified within the parameter (USDCHF_SYMBOL_NAME)
Commerce at Monday morning (extra pairs) (On/Off)
Begin Minute at monday (extra pairs)
Commerce at Friday night (extra pairs) (On/Off)
Enabling/disabling buying and selling on Monday morning and Friday night for the foreign money pair specified within the parameter (GBPUSD_SYMBOL_NAME =”GBPUSD”/ ADDITIONAL_SYMBOL_NAME_1 and many others)
Enable SellLimit
Enable BuyLimit
Enable/prohibit Buylimit/Selllimit orders
Major mode (USDCHF – On/Off)
Enable/prohibit buying and selling in the principle mode (for the pair specified within the parameter(USDCHF_SYMBOL_NAME))
Danger AutoLot Major USDCHF
Lot measurement based mostly on the chance per transaction (% of the deposit) for the pair specified within the parameter(USDCHF_SYMBOL_NAME), when utilizing Lot calculation mode (Use Danger for AutoLot)
EA Begin Hour (extra mode)
Begin Minute (extra mode)
EA Finish Hour (extra mode)
Finish Minute (extra mode)
The time of operation of the Professional Advisor for all different foreign money pairs EURCHF/EURUSD/GBPUSD/USDCAD + extra pairs, besides (USDCHF_SYMBOL_NAME)
Extra chanel filter (primary pairs)
Filter trades based mostly on channel measurement
Extra chanel filter interval (D1) (primary pairs)
The interval for the filter
Extra chanel filter measurement (primary pairs)
Most channel measurement for the desired interval
Extra chanel filter (extra pairs);
Filter trades based mostly on channel measurement
Extra chanel filter interval (D1) (extra pairs)
The interval for the filter
Extra chanel filter measurement (extra pairs)
Most channel measurement for the desired interval
GBPUSD_SYMBOL_NAME =”GBPUSD”;
and many others SYMBOL_NAME
Identify of symbols of primary (USDCHF_SYMBOL_NAME) and extra foreign money pairs
if there’s a suffix/prefix within the names of your dealer’s foreign money pairs, please appropriate them in these parameters
EURUSD_trade
–
–
–
ADDITIONAL_SYMBOL_NAME_1_trade/2/3/4/5/6/7/8/9
Enabling/disabling buying and selling with the desired symbols
Danger AutoLot EURUSD
–
–
Danger AutoLot ADDITIONAL_SYMBOL_1/2/3/4/5/6/7/8/9
Lot measurement based mostly on the chance per transaction (% of the deposit) for the pair specified at this parameters, when utilizing Lot calculation mode (Use Danger for AutoLot)
EURUSD_SL
–
–
ADDITIONAL_SYMBOL_NAME_1_SL/2/3/4/5/6/7/8/9
Cease Loss for the pair specified at this parameters
EURUSD_TP
–
–
ADDITIONAL_SYMBOL_NAME_1_TP/2/3/4/5/6/7/8/9
Take Revenue for the pair specified at this parameters
BBand interval (extra mode)
BBand shift (extra mode)
BBand deviation (extra mode)
BBand utilized worth (extra mode)
Parameters of the Bollinger Bands indicator for extra foreign money pairs
TP Modyfi Filter
Interval MA filter
Interval MA filter
2 MA durations for TP Filter 1
TP Filter 1 primary pair (On/Off))
TP Filter 1 additionals pairs (On/Off))
TP modification filter based mostly on a set of MA indicators in addition to the symptoms listed beneath
Time to activate Purchase TP filter (Hours)
Begin worth for Purchase TP filter
Kooficeient for Purchase TP filter
Time to activate Promote TP filter (Hours)
Begin worth for Promote TP filter
Kooficeient for Promote TP filter
If purchase place revenue level <
Purchase place TP =
If promote place revenue level <
Promote place TP =
TP Filter 2 primary pair (On/Off))
TP Filter 2 additionals pairs (On/Off))
min TP for filter 2
max TP for filter 2
Hour to start out filter 2
Extra filter 2 for TP modification
TP Filter 3
Time to activate Purchase TP filter 3 (Hours)
Time after cease Purchase TP filter 3 (Hours)
Kooficeient for Purchase TP filter
Minimal TP for Purchase TP filter
Time to activate Promote TP filter 3 (Hours)
Time after cease Promote TP filter 3 (Hours)
Kooficeient for Promote TP filter
Minimal TP for Promote TP filter
Extra filter 3 for TP modification (not utilized by default, can be utilized for extra optimization and seek for your settings)
Correction stage to VID primary pair
Correction stage to VID extra pairs
VID c-period
VID e-period
Correction of the extent of pending orders based mostly on the VIDYA indicator (not utilized by default, can be utilized for extra optimization and seek for your settings)
filter 6 (primary pair) (on/off)
filter 6 (add pairs) (on/off)
mixture of filters and extra market indicators to change the extent of pending orders
filter 6 for USDCHF order shift
–
–
–
filter 6 for ADD_SYMBOL_1 order shift
–
–
–
the dimensions of the shift of orders when the filter is activated 6
filter 7 (primary pair) (on/off)
filter 7 (add pairs) (on/off)
quite a few extra filters for transactions based mostly on MA/channel measurement, and many others.
Swap filter 3days
Swap worth filter (in level) if swap worth whole is much less no commerce
Triple swap filter, don’t open trades if the day of the triple swap, if the swap measurement is damaging and beneath the desired parameter, the order can be positioned solely after the rollover.
Max FREEZE LEVEL– most stage FREEZE LEVEL
Information settings
For the information filter to work, that you must allow The information filter (allow/disable) and add “https://ec.forexprostools.com ” in Instruments/Choices/Professional Advisors/Enable WebRequest for listed URL: and click on the permit checkbox
for all unclear questions, you’ll be able to all the time write to me, in private messages or within the dialogue part of the adviser
