🤖 EA name: Evening Scalper Pro
📦 Version: 2.29
💻 Platform: MT4
🛠Vendor: –
📈 Strategy: Evening/Night scalper
⏰ Timeframe: m5
🌍 Currency pairs: EURAUD, AUDNZD, EURNZD, GBPAUD, NZDCAD
🌓 Trading time: Night session (USA, Asia)
⚠️ Attention: Before using on a real account, be sure to test and check on a demo account.
📊 Monitorings found: –
🔬Monitoring by ea_forexlab: https://www.myfxbook.com/members/EA_ForexLab/evening-scalper-pro-229-ea/10376779

⏳ Test period: 2018.01.07 – 2023.07.28
🏛 Tick Data Provider: Dukascopy (TDSv2)
🧭 GMT: +2; DST: US
Real spread: ✅
Slippage: ❌

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Description of the work of a forex advisor

EA Evening Scalper Pro is a cutting-edge mean-reversion trading system operating during the US trading session. It is very different from most other scalping systems as it utilizes a unique trading logic on cross pairs with a strong pullback tendency and high profit targets. The EA enters trades with market orders from 7 pm to 11 pm EST, it does not open trades during rollover (0:00-1:00 EST). In terms of trade duration, it is classical scalping: getting in and out of the trade within a few hours at most. The EA uses several advanced techniques to pinpoint the most accurate entry and exit points, which is why its win rate is high.

Some key points:

  • Trades cross pairs with mean-reversion tendency
  • Active during US evening session
  • Avoids trading at rollover
  • Typical scalping strategy – short duration trades
  • Uses advanced analytics for optimal entries and exits
  • Achieves a high percentage of winning trades

Let me know if you would like me to modify or expand this description in any way. I can adjust it to highlight certain features or specifics as needed. The EA does not use martingale or grid. It only enters a trade with market orders and uses a stop loss for each trade!

How to install

  • The EA must be attached to ONLY one M5 chart, EURUSD is recommended (because it has the most price ticks)
  • If your broker uses a suffix (e.g. EURUSD.a) you should update names in the Symbol parameter
  • Use recommended pairs only. You don’t need .set files, all settings are stored internally in the EA

Requirements

  • The EA requires good brokerage conditions: low spread and slippage during the rollover time. I advise using a really good ECN broker. Write me personally for advice
  • The EA should run on a VPS continuously

Setting

  • Allow Opening a new Trade – on/off opening new trades
  • Lot-sizing Method – select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lots will use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you
  • Fixed Lot – fixed trading lot
  • Dynamic Lot- balance/equity to be used per 0.01 lot
  • Maximum Lot- max allowed trading lot
  • Maximum Spread, in pips – max allowed spread for position closing
  • Maximum Slippage for a non-ECN acc, in pips – max allowed slippage
  • Maximum Symbols at a time – max allowed number of symbols that can be opened at the same time
  • Allow to Buy/Sell- on/off Buy/Sell trades
  • Maximum Drawdown Percent- if current floating drawdown exceeds the specified % the EA will close open positions

Strategy

  • Symbols separated by comma – list of pairs to trade. Suffix needs to be included if your broker uses one!
  • Hour to Start/Stop Opening Orders- when the EA can start/stop opening new orders. Set Smart Time Filter to false if you want to optimize these parameters
  • Smart Time Filter- on/off smart time filter
  • Hour to Stop Trading (on Friday)- hour to stop trading (on Friday). All open positions will be closed at this hour
  • New Year Holiday Filter – on/off Christmas/New Year filter
  • StopLoss, in pips – stop loss value in standard 4 digit pips
  • Hide StopLoss – on/off SL hiding
  • Swap Filter – cancels trading on Wednesday evening in the direction of the negative swap
  • Max Negative Swap, in pips – max negative swap
  • News Filter Enabled – on/off News Filter

Others

  • Trade Comment – comment
  • UID (0…9) – unique EA instance number. Usually no need to change it
  • ShowPanel –  on/off Info-panel
  • GMT/DST Test – GMT offset in winter and DST in Tester. This parameter has no effect on live trading

Conclusions on the trading advisor

EA Evening Scalper Pro is a unique scalping system designed specifically for trading cross pairs that tend to revert to the mean. It capitalizes on pullback moves during the US evening session for short-term gains. Advanced analytics combined with robust risk management help achieve a high win percentage. For savvy traders seeking reliable scalping performance focused on the American session, Evening Scalper Pro is an excellent choice worth considering.


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