Evening Scalper Pro EA Source Code MQ4
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What is Evening Scalper Pro?
Evening Scalper Pro is an advanced automated trading system designed to take advantage of short-term price movements during the US trading session. The Expert advisor (EA) is optimized for currency pairs such as EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, GBPCAD.
Unlike traditional scalping systems, this innovative software utilizes unique trading logic to identify and exploit mean reversion cross pairs with high profit potential.
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Why should you use Evening Scalper Pro?
- Automation: It can trade in the market without your constant supervision, making it ideal for traders who cannot afford to spend all day in front of their screens.
- Time-Specific Strategy: Targets the evening hours when the market might show specific behavioral patterns, possibly exploiting lower volatility or specific market movements typical for this time.
- Risk Management: Automated systems like Evening Scalper Pro usually come with built-in risk management features, helping to protect your capital.
Evening Scalper Pro Features
1. Key features:
- Modern Mean Reversion Strategy: Leverage unique trading logic to capitalize on strong mean reversion trends in cross currency pairs.
- High Profit Potential: Aim for significant profits with precise entry and exit points.
- Automated Trading: Execute trades automatically during the US trading session (19:00 – 23:00).
- Optimized for Scalping: Designed for short-term trades, typically within a few hours.
- Advanced Risk Management: Incorporate features such as News Filter, Stock Market Crash Filter, and Negative Swap Filter to minimize risk.
2. Additional features:
- Multiple Currency Pairs Support: Trade a wide range of currency pairs, including EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, and GBPCAD.
- Single Chart Setup: Just one M5 chart for all trading activities.
- Smart Time Filter: Optimize trading hours to avoid low liquidity periods and bank transfers.
- Market Execution: Ensure optimal trade execution with market orders.
- Robust Backtesting and Real-World Performance: Proven track record in both simulated and real-world trading environments.
- Self-diagnostics: Monitors and adjusts to market conditions for optimal performance.
- Customizable Settings: Allows users to customize EAs according to their specific trading preferences and risk tolerance.
- VPS Compatibility: Designed to run seamlessly on VPS for uninterrupted operation.
Evening Scalper Pro Review
1. Evening Scalper Pro Results:
Evening Scalper Pro’s real trading results have shown impressive profit performance over 151 consecutive trading weeks and a total profit of 119%. The advisor optimizes performance well and the risk level is only at Maximum drawdown: 18%.
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Evening Scalper Pro MT4 Results
Evening Scalper Pro EA Results
2. Evening Scalper Pro Backtest:
Evening Scalper Pro MT4 backtest trading results are excellent. The starting capital of the test is $300 and the total profit is $7.1 million in 10 years of trading and the risk level Maximum drawdown: 14%.
Evening Scalper Pro Backtest
Evening Scalper Pro Backtests
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $50 |
| Time frames | M5 |
| Currency pairs | EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, GBPCAD. |
| Setup files | Available |
| Product type | Unlimited |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, HTFX Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
What’s in the package?
The download package of the product suite includes:
- Source Code MQ4: Evening Scalper Pro.mq4
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User Reviews
Only logged in customers who have purchased this product may leave a review.
1. What is the core strategy of Evening Scalper Pro?
Evening Scalper Pro is a mean-reversion scalping system that capitalizes on short-term price fluctuations during the American trading session. It identifies and trades cross-pairs with strong mean-reverting tendencies.
2. Which currency pairs does the EA support?
The EA supports the following currency pairs: EURNZD, EURAUD, AUDNZD, NZDCAD, AUDCAD, EURGBP, GBPAUD, and GBPCAD.
3. What is the recommended timeframe for trading with the EA?
The recommended timeframe for using the EA is the 5-minute (M5) timeframe.
4. How does the EA handle risk management?
The EA offers various lot-sizing methods, including fixed lot size, dynamic lot size, and maximum risk per trade. Additionally, it has a maximum drawdown percentage setting to limit potential losses.
5. Does the EA have any built-in filters to protect against adverse market conditions?
Yes, the EA incorporates several filters, such as a news filter, stock market crash filter, and negative swap filter to mitigate risks during volatile market periods.
6. What are the hardware and software requirements for running the EA?
The EA requires a VPS (Virtual Private Server) for continuous operation. It can be run on a PC, but it's recommended to use a VPS to ensure uninterrupted trading.
7. What kind of broker account is recommended for using the EA?
A good ECN broker with low spreads and slippage, especially during rollover periods, is recommended for optimal performance.
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