Evening Scalper Pro

The Evening Scalper Pro is a state-of-the-art mean-reversion trading system designed to operate during the American trading session. Unlike traditional scalping systems, it focuses on cross pairs with a strong mean-reverting tendency and high profit targets. The EA enters the market with market orders between 19:00 and 23:00 (GMT), avoiding trading during rollover (0:00-1:00 GMT). Trades are typically short-term, lasting only a few hours at most.

Supported Currency Pairs: EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, GBPCAD

Recommended Timeframe: M5

Key Features:

• Advanced algorithm for identifying market trends and mean-reverting tendencies
• Market execution with precise entry and exit points
• Multiple currency pair support with one-chart setup
• Does not trade during periods of low liquidity or rollover
• Solid backtest and live performance results
• FIFO compatible

Requirements:

• Good brokerage conditions with low spread and slippage during rollover
• Recommended to run on a VPS continuously for optimal performance

Installation Instructions:

1. Download the EA from the provided source.
2. Open your MetaTrader platform.
3. Navigate to the “File” menu and select “Open Data Folder.”
4. Locate and open the “MQL4” or “MQL5” folder, then open the “Experts” folder.
5. Copy the EA file (ex4 or mq4) into the “Experts” folder.
6. Restart your MetaTrader platform.
7. Attach the EA to a single M5 chart, such as EURUSD.
8. Add the Required URLS in tools/experts tab.
9. Configure the EA settings according to your trading preferences.

Settings:

• Allow Opening a New Trade
• Lot-sizing Method
• Fixed Lot
• Dynamic Lot
• Maximum Lot
• Maximum Spread
• Maximum Slippage
• Maximum Symbols at a Time
• Allow Buy/Sell
• Maximum Drawdown Percent

Strategy:

• Symbols Separated by Comma
• Hour to Start/Stop Opening Orders
• Smart Time Filter
• Hour to Stop Trading (on Friday)
• New Year Holiday Filter
• StopLoss, in pips
• Hide StopLoss
• Swap Filter
• Max Negative Swap, in pips
• News Filter Enabled

Others:

• Trade Comment
• UID (0…9)
• ShowPanel
• GMT/DST Test