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Bober Lannister MT5 is an automated scalping expert advisor that trades during night hours. It offers a portfolio mode, a GBPUSD mode and a custom mode, plus a drawdown stop and a time filter.
Get one message the moment it launches, with its price.
Bober Lannister MT5 is a fully automated expert advisor that scalps the forex market during the quiet night session. Instead of focusing on a single hour around the daily rollover, it is designed to work across a window of several hours, and it can be run on one pair or on a small basket.
The expert uses a custom indicator period (the Range input) to decide when to place entries. Orders can be sent as limit orders or as market orders, and you can restrict it to long trades, short trades or both. Trading is limited to a time window that you can adjust with the time filter.
A drawdown control is built in. When the loss reaches the MaxDD value, open positions are closed, and the expert waits for a set number of hours before it opens new trades.
The author mentions pairs such as EURCHF, GBPUSD, EURNZD, CHFJPY and EURAUD, and says other pairs can be used with suitable sets. Timeframe handling depends on the mode, so check the product page and your chart setup. Spreads and commissions have a large effect on any scalper, so a low-cost account is preferable.
| Input | Purpose |
|---|---|
| Mode | Portfolio, GBPUSD or Custom setup |
| Direction | Both, only long or only short |
| OrderType | Limit or market orders |
| MagicNumber | Identifier for the expert's orders |
| Lot type, Lot percent, Fixed lot | Choose floating or fixed lot size and set its value |
| Range | Period of the custom indicator |
| TimeFilter, start and end hour and minute | Enable and define the trading window |
| MaxDD | Drawdown level at which positions are closed |
| Waithours | Pause before new trades after MaxDD is hit |
| Friday | Keep false to avoid weekend exposure |
Default values are not listed here, so review them in the inputs tab before starting.
Trading carries risk, and you can lose some or all of your deposit. Past results, live signals and backtests do not predict future ones. Test on a demo account first and use position sizes you can afford.
A VPS is useful because the expert trades overnight and needs a stable connection.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Scalping, Signals |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, scalping |
| Trade style | Night-time scalping, limit or market orders |
| Markets | Forex pairs such as EURCHF, GBPUSD, EURNZD, CHFJPY, EURAUD |
| Timeframes | Set by the chosen mode; check the product page |
| Modes | Portfolio, GBPUSD, Custom setup |
| Risk controls | MaxDD stop, wait period, Friday switch, time filter |
| Requirements | MT5 terminal, low-spread broker, stable connection or VPS |
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No. This listing is the MT5 build and runs only in MetaTrader 5. The author publishes a separate MT4 edition, so check that you buy the one that matches your terminal.
The expert advisor is not tied to a particular broker. Because it is a short-term scalper, low spreads and low commissions matter, so choose a regulated broker you trust and compare its night-time spreads before going live.
Not necessarily. Portfolio and GBPUSD modes are preset and only need to be attached to a chart. Custom setup mode reads your own inputs, which is the mode to use when loading a set file for another pair.
Open the Strategy Tester in MT5, select the expert, choose a modelling type based on real ticks, set the date range and run it. Then run it on a demo account for a while. Tester results depend on tick data quality and do not predict live results.
The author states a low minimum, but the right amount depends on your broker, lot size and the MaxDD value you choose. Check the product page and test on a demo account before deciding.
The Friday input controls this. Leave it set to false if you want to avoid trades being held over the weekend.
Bober Lannister MT5
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