Multi-Currency Night Scalper
Info
The Multi-Currency Night Scalper is a Expert Advisor for MetaTrader 5 that the multi-currency night scalper is an expert advisor (ea) designed to trade multiple currency pairs within a narrow range (r) until 00:00 terminal time. Trading Strategy:The EA utilizes the Bollinger Bands indicator to determine the trading range.
Usage
This tool is typically used for scalping on lower timeframes (M1-M15).
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Multi-Currency Night Scalper
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
The Multi-Currency Night Scalper is an expert advisor (EA) designed to trade multiple currency pairs within a narrow range (R) until 00:00 terminal time.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Advanced Risk Manager: Auto Suffix Detection Multi-Currency Lot Sizer - another powerful expert for MetaTrader 5 traders.
The Multi-Currency Night Scalper is an expert advisor (EA) designed to trade multiple currency pairs within a narrow range (R) until 00:00 terminal time.Also recommended: night trading expert advisor - similar expert with strong performance on MetaTrader 5.
Trading Strategy:
The EA utilizes the Bollinger Bands indicator to determine the trading range. It opens positions after the specified start hour if there are no open positions on the symbol.
- Buy: If the price is lower than the lower boundary of the Bollinger Bands and the channel is smaller than the specified range (razmah).
- Sell: If the price is above the upper boundary of the Bollinger Bands and the channel is smaller than the specified range (razmah).
Position Management:
Positions are closed by stop losses or force-closed after 00:00. The EA trades using the symboltrade function and the Сtrade class, executing trade operations on new bars.
Settings and Results:
- Fig. 1: EA trading results for EURUSD, H1.
- Fig. 2: EA deals in the journal.
- Fig. 3: EA trading and optimization results from 01.11.2026 to 13.09.2026 for USDCAD, GBPUSD, NZDUSD, H1.
Tips:
This EA is recommended as a trading assistant and for developing custom strategies.
You may also like: Coensio Trader1 v06: An Advanced Multi-Currency Trading System - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.00"
#include <trade\trade.mqh> // use ctrade class
input string symbol1 = "usdcad"; // symbol1 name
input int stoploss1 = 370; // stoploss1
input int takeprofit1 = 20; // takeprofit1
input int bbperiod1 = 40; // bands period1
input double bbdev1 = 1; // bands deviation1
input double razmah1 = 450; // bands deviation1 in points.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.