King of the Night EA MT4 – Night Scalping Strategy Settings Overview
King of the Night EA is an automated trading robot for MetaTrader 4 (MT4), specifically designed to operate during low-volatility night sessions. The settings panel shows a mix of fixed trade parameters, time control, and a simplified risk management model.
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🔧 Core Settings Breakdown
| Parameter | Value | Description |
|---|---|---|
GERENCIAMENTO_DE_RECURSOS_FINANCEIROS | false | Financial resource management is disabled – EA will not auto-adjust lot size. |
RISK | 3.0 | Risk level used only if resource management is enabled. Currently ignored. |
ORIGINAL_LOT | 0.1 | Fixed lot size per trade – low-risk manual configuration. |
⚙️ Trade Execution Settings
| Parameter | Value | Description |
|---|---|---|
PEDIDOS_COMPRA | 1 | Maximum number of simultaneous buy orders. |
PEDIDOS_VENDA | 1 | Maximum number of simultaneous sell orders. |
TAKE_PROFIT_CLOSE | 5 | Close trade when profit hits 5 points (typically micro-scalping). |
STOP_LOSS | 35 | Fixed stop loss per order in points, allowing defined loss limitation. |
TAKE_PROFIT | 20 | Main take profit level (if not closed early by TAKE_PROFIT_CLOSE). |
MAX_SPREAD_OPEN | 30 | EA will only open trades if the spread is ≤30 points, useful for night scalping where spreads can widen. |
🕒 Trading Time Settings
| Parameter | Value | Description |
|---|---|---|
HORA_INICIO | 0 | Start time for trading session: 00:00 MT4 time. |
HORA_DE_PARAR | 1 | End time for trading session: 01:00 MT4 time. |
➡️ This confirms the EA only trades during one specific hour of the night, ideal for scalping during the Asian low-liquidity session.
✅ Key Features of King of the Night EA
- 🛠 Fixed Lot & Manual Control – suitable for accounts that need strict sizing control.
- 🌙 Night Scalper Logic – trades only during 00:00 to 01:00 to exploit overnight price inefficiencies.
- 💡 Low Take Profit + Tight Stop Loss – ideal for high-frequency scalping with fast exits.
- 🧠 Spread Filter Enabled – avoids bad fills during volatile or illiquid conditions.
- 📈 Directional Trading Support – allows both long and short entries, limited to 1 position per direction.
📌 Final Thoughts
King of the Night EA MT4 is best suited for:
- Scalpers targeting short time windows (especially night sessions).
- Traders preferring fixed lot, low-risk settings.
- Environments with low spreads and reliable execution (ECN brokers recommended).
