Algo Trading Night EA strategy is based on price fluctuations in the evening, during low-volatility times. The advisor uses filters to prevent potentially unprofitable trades and an additional filter to exit the position before reaching the stop loss. SL and TP are always used, martingale, grid, hedging, etc. are not used.
Attention!!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication. Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/2387
Developer price | |
Terminal | MT4 |
Currency pair | Recommended pairs are USDCHF/EURUSD/GBPUSD/EURCHF/USDCAD/+ additional pairs GBPAUD/CADCHF/EURAUD/AUDCHF/GBPCHF |
Timeframe | M5 |
Money management | At least 50 currency units |
Recommended brokers | IC Markets |
For advisor recommended to use VPS 24/5 | Zomro (most affordable Windows server only $ 2.75 per month) |
Backtesting:
Backtesting was not conducted, as there is a signal on the account from the author, detailed statistics below
Settings:
Conclusion:
EA trading monitoring looks convincing, it has been trading for over a year and brings profit from month to month, during the entire trading period there were only a few unprofitable months, and so in general the advisor has already earned 113% profit at the time of writing this post, the drawdown is relatively small, which should also be noted that the advisor is used on a small deposit of only $ 50.
The advisor should be installed on the USDCHF M5 currency pair, and it trades all selected instruments from one chart. If your broker’s symbol name has a prefix / suffix, specify it in the corresponding line in the advisor settings !!!
The advisor also uses the GMT Offset settings to set the time, the default is 2. The main popular brokers (IC Markets etc.) use this value and do not require changes when trading / testing. If your broker has a different trading time, you need to set it up yourself, here are the instructions for setting up GMT Offset.
You can download the advisor for free from the links below and use it without restrictions on any account, good luck trading!!!
Functionality tested, in build 1427 working.
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!