Forex Real Profit EA v5.11 for MT4 – Night Scalping with Time-Specific Strategy
Forex Real Profit EA v5.11 is an automated Scalping system for MetaTrader 4 designed to trade during specific low-volatility night sessions. It focuses on tight, short-term take-profit targets, aiming to capitalize on small price inefficiencies during broker time 22:00–22:59. The strategy is intended for traders who prefer automated scalping with defined trading windows.
However, based on backtesting results, this EA showed negative performance in its default configuration, emphasizing the need for optimization before live deployment.
Recommended Trading Settings
For reference in testing or optimization:
- Currency Pair: EURUSD
- Timeframe: M15
- Minimum Deposit: $10,000
- Leverage: 1:100 or higher
- Trading Session: 22:00 – 22:59 (broker time)
- Risk Percent: 5% (Money Management enabled)
The EA operates with a fixed Take Profit of 10 pips and no Stop Loss in this configuration, relying on internal management logic and trade sequences. This setup increases exposure during losing streaks, especially with a 5% risk allocation per trade.
Strategy Overview
Forex Real Profit EA v5.11 is a short-term night scalping system:
- Targets minor market inefficiencies during low-volatility night hours
- Fixed Take Profit of 10 pips per trade, Stop Loss disabled
- Money management allocates 5% per trade, increasing exposure during consecutive losses
The backtest with a $10,000 deposit produced:
- Final Balance: ~$8,268 (overall loss of $1,731.86)
- Profit Factor: 0.66 (gross losses exceed gross profits)
- Expected Payoff: -5.35 per trade
- Trades: 324 (170 wins, 154 losses)
- Max Drawdown: 20.21% ($2,043.91)
The results indicate that losing trades were larger than winning trades, leading to a declining equity curve despite frequent trade activity.
Trading Signals & Mechanics
- Buy & Sell Orders: Generated automatically during the predefined session
- Trend Filter: Disabled in the tested configuration; entries are based on short-term internal conditions
- Stop Loss: Disabled, allowing losses to expand before closing, which increases risk
- Drawdown Risk: Sequences of up to seven consecutive losing trades occurred in backtesting, amplifying account exposure
While the EA executes trades consistently, the lack of Stop Loss and the high-risk allocation per trade contributed significantly to the negative long-term performance.
Backtest Analysis
- Equity curve shows gradual decline after initial fluctuations
- Moderate win rate (52%) is outweighed by higher average losses per trade
- The strategy’s fixed Take Profit and no Stop Loss make it vulnerable to sequences of losing trades
- Drawdown of over 20% reflects structural risk-to-reward imbalance
Conclusion
Forex Real Profit EA v5.11 is a night scalping Expert Advisor with time-specific operations and small fixed profit targets. Based on current backtest results:
- The EA was not profitable in its default configuration
- Negative profit factor and declining equity curve indicate structural risk issues
- Drawdown is significant (20%), highlighting exposure to consecutive losses
Recommendations:
- Implement controlled Stop Loss levels
- Reduce per-trade risk percentage
- Conduct forward testing before live deployment
- Optimize settings for volatility and risk management
As it stands, this EA requires major optimization to become suitable for conservative or live trading environments. Without adjustments, it carries a high risk of account erosion despite its night scalping approach.
