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Author Topic: SFE Night Scalper EA  (Read 2611 times)

Attractor

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SFE Night Scalper EA
« on: June 10, 2019, 10:47:55 PM »
This system takes advantage of the stagnation of the market at the final of the New York session and the first hours after that close. It detects small deviations and enters in the contrary direction trying to close the operation in the level before that deviation happens. If the operation does not close with profit during the stagnation hours, the EA tries to exit in a favourable condition in the next hours, before the European session opens again.

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This is the friendly product page, for have a general idea and follow the performance. For more detailed discussion, you can visit the SFE Night Scalper Lab page:

https://smartforexexpert.com/index.php?topic=533.0
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MQL5 market: https://www.mql5.com/en/market/product/12156
Myfxbook link 1: https://www.myfxbook.com/members/atractor/sfe-night-scalper/1393341
Myfxbook link 2: https://www.myfxbook.com/members/atractor/sfe-night-scalper-chf/1513760
MQL5 signal 1: https://www.mql5.com/en/signals/138420
MQL5 signal 2: https://www.mql5.com/en/signals/167103
Backtest and Setup Video: https://youtu.be/MdWAFj_5OTg
Backtest and setup detailed guide: https://c.mql5.com/31/309/SFE_NS_v4.0_setup_guide.zip
Backtest: https://c.mql5.com/31/309/SFE_NS_4.0_backtest.zip
« Last Edit: September 07, 2019, 03:48:38 PM by Attractor »

Attractor

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Re: SFE Night Scalper EA
« Reply #1 on: June 29, 2019, 09:30:00 PM »
The last backtest can be found here:

  https://c.mql5.com/31/309/SFE_NS_4.0_backtest.zip

« Last Edit: August 13, 2019, 12:32:13 AM by Attractor »

Attractor

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Re: SFE Night Scalper EA
« Reply #2 on: June 29, 2019, 09:30:35 PM »
June performance of the SFE family:



Another good month for SFE Night Scalper, specially for the chf pairs signal.

This EA continues to developing very well, and as we know, the current DD was for the big 'flash' crash of the JPY and AUD currencies happened on January 2019 for few hours.  The EA had the bad luck of have some orders opened (in the bad direction) and got big losas that day, and was an exceptional situation, very uncommon along the years.

But seems that new highs are near again and we can forget that day, specially for the CHF signal, maybe we can reach new highs next month,  and this highs can also be the + 1.000% profit milestone :)

Therefore we continue very optimistic with the EA and we expect profits also next months.
« Last Edit: June 29, 2019, 09:38:05 PM by Attractor »

Attractor

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Re: SFE Night Scalper EA
« Reply #3 on: July 14, 2019, 04:15:24 PM »
An user ask me for the current preset of the CHF signal. The preset I'm using in this signal is:

I use three CHF pairs. With the hours showed in the next parameters. A size of 0.01 for every 100 (my account is in EUR) and 125% of the balance, because seems a very reliable EA for a long of time, the last big fall was a rare event, very uncommon.
The value of the parameters are:

Pairs_List  CHFJPY;EURCHF;USDCHF
Start_Trade_Hour_List 21;20;0
End_Trade_Hour_List   1;2;0
Balance_For_Every_001_Lots   100.0
Autolot_Balance_Percentage  125


Attractor

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Re: SFE Night Scalper EA
« Reply #4 on: August 08, 2019, 07:31:38 PM »
The SFE Night Scalper is confirming his good performance and has reached new highs again in the CHF signal, and the general signal is very close.

The impact of the JPY , AUD flash crash has taken time to recover but finally has done, and the capacity of continuous and stable growth is showing.

We expect celebrate the highs of the general signal in a month :)

Don't forget to visit our broker section. A good broker is specially important in this kind of EA. https://smartforexexpert.com/index.php?board=5.0



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MQL5 market: https://www.mql5.com/en/market/product/12156
Myfxbook link 1: https://www.myfxbook.com/members/atractor/sfe-night-scalper/1393341
Myfxbook link 2: https://www.myfxbook.com/members/atractor/sfe-night-scalper-chf/1513760
MQL5 signal 1: https://www.mql5.com/en/signals/138420
MQL5 signal 2: https://www.mql5.com/en/signals/167103
Backtest and Setup Video: https://youtu.be/MdWAFj_5OTg
Setup detailed guide: https://c.mql5.com/31/309/SFE_NS_v4.0_setup_guide.zip
Backtest: https://c.mql5.com/31/309/SFE_NS_4.0_backtest.zip
« Last Edit: August 09, 2019, 11:15:12 AM by Attractor »

Attractor

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Re: SFE Night Scalper EA
« Reply #5 on: August 12, 2019, 07:07:57 PM »
Highs reached again in the general signal!

The EA is achieving an excellent smooth growth last years, with the exception of the JPY / AUD flash crash on January 2019.

This situation (the flash crash) is very uncommon but the EA was modified after this, for have less exposition to jpy/aud pairs because are the more dangerous at these hours, and also the management of the open order is more safe.

Therefore we expect enjoy of the increasing profits next months.



https://www.myfxbook.com/members/atractor/sfe-night-scalper/1393341
« Last Edit: August 12, 2019, 07:11:00 PM by Attractor »

Attractor

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Re: SFE Night Scalper EA
« Reply #6 on: August 15, 2019, 02:41:12 AM »
Existing users of SFE Night Scalper or interested users, please read these two posts:

Understanding the bactkest results of the 'night' traders:
https://smartforexexpert.com/index.php?topic=519.0

do you have a solution for such flash crashes?:
https://smartforexexpert.com/index.php?topic=520.0

paulomaks

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Re: SFE Night Scalper EA
« Reply #7 on: August 18, 2019, 05:54:14 AM »
Hi Joel, i have a question: you have to signals on SFE Night Scalper, one which have CHF based Pairs, and one with mixed pairs. The CHF one seems to have a lower DD than the other (on MQL5), - so my question is, which one of the two signals / strategies will you recommend (and why)   :D ?
« Last Edit: August 18, 2019, 11:38:47 AM by pmks1 »

Attractor

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Re: SFE Night Scalper EA
« Reply #8 on: August 19, 2019, 10:09:47 PM »
Hi pmks1

The signals have been running for a long time and during this time the expert has evolved, and selection of pairs in the signals has changed, for this reason, the overall performance is not comparable. I will give you my opinion of the EA and signals at this moment.

The evolution of the EA has been mainly in two aspects, increase the range of hours where we can open the orders, for get more trades, and minimize the risk of the opened positions with a better management of the opened order. Also, with the time, the different weight of the different pairs in the EA and the signals has evolved based on what we have seen in real action.

For this reason, the exposition to AUD and JPY pairs is less than in older versions, because are the most dangerous currencies at these hours.

At same time, in the long term, EURCHF and CHFJPY are in the top of the best pairs, for this reason exist this signal.

But if we see the performance of the other pairs in the current general signal, is quite good in general confirming the expectation, therefore, I bet for the general signal, or which is the same, for launch all the pairs recommended, because diversify is maybe the most important element of a good strategy. And the weight of the EURCHF and CHFJPY pairs inside the general signal, is increased internally, because the EA launches in general more operations than in other pairs, then in some way this importancy of the CHF currency is also represented in the general signal, because represents an important wheight in the overall activity.

In brief, my opinion is that the general signal which runs all the recommneded pairs with the default settings is a safer option.

In the image, we can see the performance of the different pairs since february of the general signal, and we can see that the general picture is very good, with almost all the pais in green, confirming that merge all the pairs is a good strategy.



gbpaud, gbpjpy and nzusd have a few number of trades because were removed of the recommended pairs.
« Last Edit: August 19, 2019, 10:11:42 PM by Attractor »

paulomaks

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Re: SFE Night Scalper EA
« Reply #9 on: August 20, 2019, 02:56:36 AM »
Hi Joel, Thanks a lot for very detailed elaboration. Appreciated.

Attractor

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Re: SFE Night Scalper EA
« Reply #10 on: September 21, 2019, 04:50:45 PM »
Hello!
the new version 5.0 has been published.
The version has been running in my SFE Night Scalper Signal and all seems to be OK. Then, I just published the upgrade.

This is the performance since september 9th of previous version (extracte from SFE Combo)



And this is the performance of the new version since september 9th:



Don't mean that the difference is that big in forward, but no doubt is a promising start.

For accounts with GMT+2 / GMT + 3, the default parameters are OK.

The official signal, is running with a value of 300 in the parameter:  "Autolot. Balance for each 0.01 Lots"
The account is in , then, if you want the same risk, calculate the conversion for accounts with other currencies.

Attractor

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Re: SFE Night Scalper EA
« Reply #11 on: September 21, 2019, 05:03:34 PM »
Beware with the broker!!!
Not only in SFE Night Scalper or SFE Eas, in any EA in general, please, don't waste your money and use the brokers with the best trading conditions only, at final, only comparing the spread we can have a very good idea.
Not the forex market is very difficult, there is a chance to win, but the difference between a good and a medium broker can be 50% of the long term profit.
Visit the information page of ICMarkets here, accept clients from almost every country:

https://smartforexexpert.com/index.php?topic=13.0

Image of the spreads of icmarkets vs liteforex, subbmited for the last buyer of SFE NS. I recomend you strongly go to icmarkets or similar quality forex, with the kind of spreads of liteforex, your profit will be a lot lower.


Attractor

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Re: SFE Night Scalper EA
« Reply #12 on: September 21, 2019, 05:22:10 PM »
New highs for both signals, and 4 years growing  ;)


YoG12

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Re: SFE Night Scalper EA
« Reply #13 on: September 23, 2019, 12:50:40 AM »
Hi,
This is my first post.
First, I appreciate your useful discussion site.

I updated "SFE Nigth Scalper" to new version R500.
But I found the below error on expert log continusly.

Of course I set it on M5 timeframe.

Can I ignore this error message?

2019.09.23 07:31:42.857   SFE Night Scalper EURUSD,M5: *error* This expert only works on M5 timeframe

Attractor

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Re: SFE Night Scalper EA
« Reply #14 on: September 23, 2019, 07:40:45 PM »
Hi, thank you for participate here!

and double thanks for the message because is a bug, m15 and m30 timeframes are handled from m5 and in version 5.0 there is an  error that disable these timeframes.

I will update the fix in few minutes, in the version 5.1.