BG Night Serenade

BG Night Serenade

Expert Advisor for night scalping. It works at the end of the American and at the beginning of the Asian sessions. Working time frame - M15 and M5.

The EA features a news filter, which uses a news indicator.

NOTE: The settings in the proposed set files are designed for brokers working according to Eastern European Time and New York trading time. When using with a broker that works according to a different time, it is necessary to manually adjust the EA operation time in the input parameters.

NDD (ECN and STP) accounts are recommended.

Main Settings

• TIMER - time period, within which the EA looks for entry opportunities:
• Use_Timing - if true, the EA trades at a certain time. I recommend that you do not disable this parameter for fully automated trading;
• Start_Hour_Sunday (Monday, Tuesday, Wednesday, Thursday, Friday) - operation start time by days of the week (terminal time is used);
• Stop_Hour - stop searching for entry opportunities;
• HourCloseAll - set the time to close all open orders;
• Use_NewsFilter - if true, enables the news filter;
• MinsBeforeNews - time in minutes before high-impact news for the EA to stop operation;
• MinsAfterNews – time in minutes after high-impact news, during which the EA does not work;
• Ad_Sym1 - additional symbol 1 that is not part of the traded currency pair but can have strong news, which may affect the quotes of the symbols that make up the traded currency pair;
• Ad_Sym2 - additional symbol 2 that is not part of the traded currency pair but can have strong news, which may affect the quotes of the symbols that make up the traded currency pair;
• BBands_Period - period of the Bollinger Bands indicator;
• BBands_Deviation - setting the deviation level of Bollinger Bands;
  

• ATR_Period_tp - ATR period;
• ATR_tp - dynamic take profit based on ATR;
• ATR_Period_sl - ATR period for stop loss;
• ATR_sl - dynamic stop loss based on ATR;
• TRADE - main trading settings;
• Long Position - allow buy orders;
• Short Position - allow sell orders;
• Min BB_channel - the minimum width of the channel, at which the EA is allowed to trade;
• Max BB_channel - the maximum width of the channel, at which the EA is allowed to trade;
• MaxSpreadOpen - the maximum spread in five-digit quotes, at which the EA is allowed to open new positions (all other values in points are calculated for four-digit quotes by default);
• Lots - trading lot value for the orders;
• MaxOrdSymMagic - the maximum number of open orders with the same magic numbers, including other currency pairs;
• DepoStep - auto lot. Example: if Lots = 0.01, and DepoStep = 100, the initial order will have a volume of 0.01 per each $100. In case the deposit is $1000, the EA opens orders of 0.1 lots. If 0, the EA trades a fixed lot set in Lots;
• OpenPlay - window notifying of a new order opening;
• Magic - unique EA index allowing it to distinguish its orders;
• Ordcom - comment to open orders;
• SL - stop loss.