Idea by: Leonid Basis.
MQL5 Code by: Vladimir Karputov.
The Night Flat Trade EA is specifically designed to trade the EUR/USD pair on the H1 timeframe. It operates during the calm hours between the closing of the American session and the opening of the Asian session, making it an ideal choice for those who want to trade in a less volatile environment.
Here’s a quick breakdown of the input parameters you can customize:
Input Parameters
- Take Profit - Set your Take Profit level;
- Trailing Stop - Enable trailing stop for more dynamic exit points;
- Trailing Step - Define the step for the trailing stop;
- Difference Min - Minimum price difference between the highest and lowest price over the last three bars;
- Difference Max - Maximum price difference between the highest and lowest price over the last three bars;
- Open Hour - Specify the hour to open trades;
- Lots - Determine your lot size (if you set the lot size above zero, then the Risk parameter must be set to zero);
- Risk - Set your risk level (if you set the risk above zero, then the Lots parameter must be set to zero);
- Magic Number - Assign a unique identifier for the EA.
Using the Night Flat Trade EA can help you navigate those quieter trading hours with more precision. If you’re looking for a way to automate your trades and make the most of the market's sleepy times, this EA might just be the perfect fit for you!
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