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Black Night mt5

299 USD

Demo downloaded: 180

Published: 28 December 2021

Current version: 1.8

Black Night mt5

Name: Black Night mt5
Price: 299.00 USD
Rating: 5 (1 reviews)
Author: Heiko Kendziorra

Experts
Heiko Kendziorra
Version: 1.8
Updated: 27 November 2023
Activations: 12

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth:

It keeps trading activity low in the difficult rollover hour when the spreads widen and liquidity is low.

It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible.

If a trade is open it does not open trades in correlating currency pairs.

It needs no set files and works fully automatically with the default settings in 8+ pairs.

Black Night shows live trading results: Black Night Live Trading mt5 version >>

Black Night allows to adjust the strategy.

Black Night does not use dangerous strategies like martingale or grid.

It opens always just one order with hard StopLoss in a currency pair.

Recommended Pairs: AUDCHF AUDUSD AUDJPY EURUSD GBPUSD EURGBP EURCHF CHFJPY

Black Night requires one chart for each currency, it has not a one chart mode!

mt4 version >>

For lack of space here see setup and settings in short form in the mt4 version.

Backtesting and optimization for mt5 are explained in the blog >>

Version 1.8 is internally otimized for all pairs shown in the screenshots.

Other pairs show profit but need more code optimization.

After christmas, between the years, meaningful trading is rarely possible. If there are any movements at all, experience shows that they are extremely unpredictable due to the overall thin trading volume. For this reason, live trading is recommended to be deactivated until 2 January.

Black Night 'knows' when important US holidays come, to lower then trading activity in USD related pairs.

First Black Night sets limit orders in 8 currency pairs. If a limit order is executed and turnes into a buy

or sell the EA deletes correlating limit orders and doesn't open new ones until the running order is closed.

Once a order is opened pending orders of correlating pairs are closed to lower risk.

Black Night automatically detects the pair and indicates it in the chart (up, left) together with the current spread.

Details about the pairs and lotsizing in the signal description >>

Settings

The first 2 settings set start & end of the period when orders are opened.

HourStart - 2 hours before rollover, here 22.

Most brokers use GMT+2 in winter and GMT+3 in summer (US DST). Their rollover is at 0:00.
HourEnd - hour after rollover, here 1
Auto_Moneymanage: auto money management: 1 = On
MiniLots: if true, Auto_Moneym. has steps of 0.01 lot
MaximumRisk: % of account free margin set on risk for a trade
Lots: lot size if Auto_Moneym. is disabled
DistB: points deviation to calculated level, where the buy limit order is set

StopLossB: distance of stop loss for buys
TakeProfitB1: minimal TakeProfit for buys (if other conditions meet)
TakeProfitB2: other TakeProfit for buys (if other conditions meet)

Variation of Dist, StopLoss and TakeProfit may improve the result, see blog >>

Following the same settings for sell orders and:

MaxSpread: if spread exceeds this, set pending orders are deleted

The default setting is fairly low, so in the rollover hour usually all limit orders are deleted.

LastTradeDayDec: for low liquidity around the holidays in 2nd half of Dec. trading is deactivated after the set day
magic: number of EA

more...

717

Xingming Chen 2022.01.17 08:04 #

Like night scalper, just bought the EA, looking forward to the performance of live trading.

Updating: Till now, already monitored three trading days using real account, highly met backtesting, good EA , thanks author!

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Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/1495331 The default settings are for GBPUSD M5 chart. Timing is important! Set SetUTC (GMT) according to the timezone

299 USD

Buy The Dip Util is an halfautomatic expert advisor (EA), to buy on dips (days lows) and sell on spikes (days highs). A profit can exceed a loss trade up to 10 times , so the user can have several loss trades and still make profit. Orders are opened at the change of the hour , if a button in the chart is pressed. The Buy The Dip as EA does this automaticly. The order stoploss is automaticly set right below the low of the former hour (buy) or right over the high (sell). The position s

69 USD

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It does not open trades in the difficult rollover hour when the spreads widen and liquidity is low. If a trade is open it does not open trades in correlating currency pairs. It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible . It needs no set files and works fully automatically with the d

299 USD

Scalpelo is a unique full automatic trading system that cuts many small chunks out of market movements non-stop 24 hours a day with surgical precision. In EURUSD it opens trades with limit orders, so slippage becomes your friend and internet speed is not an issue. NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Always just one order open with StopLoss. Live Signal >> The default settings are for EURUSD M5 chart. Settings SetUT

299 USD

39 USD

Trade any currency, crypto, cfd or stock in any timeframe depending on 2 moving averages , from scalping to position trading. All parameters and functions can be modified and de/activated in the settings, there's no hidden algorithm. The Universal Moving Average Expert Advisor ( UniMA EA ) trades a simple strategy that works well with dozens of profitable settings. All backtest results shown in the screenshots below and tradet in the signals can be tested with the provided set files in the co

199 USD

Outbreak is a fully automated robot that follows breakouts in EURUSD. It opens several trades a day and closes them the same day. Always just one order open with StopLoss. More than 80% of the trades are profitable in historical backtests and in the Live trading signal >> Live tradingl of the second strategy here >> NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Usually Outbreak is scalping the market, cutting small profits

399 USD

Buy the dip - sell the spike of the US Tech 100 Index No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/2196371 The starting price is only for the first buyers, next price USD 399 and every week that ends with a profit, it increases by another 100. The default settings are for the US 100 Tech(Cash) CFD M15 chart, the default lotsizes are for an account of USD 10000. The minimum account balance is USD 100 to trade 0.01 buy a

299 USD

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717

Xingming Chen 2022.01.17 08:04 #

Like night scalper, just bought the EA, looking forward to the performance of live trading.

Updating: Till now, already monitored three trading days using real account, highly met backtesting, good EA , thanks author!

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Reply from developer Heiko Kendziorra 2022.01.17 10:12 #

Thanks for your review! Good trades!

Version 1.8 2023.11.27

Optimized on AUDCHF AUDJPY EURUSD EURJPY GBPUSD EURGBP EURCHF CHFJPY

Version 1.7 2022.01.11

Internal settings adapted

Version 1.6 2022.01.11

Bug fixed

Version 1.5 2022.01.05

Bug fixed

Version 1.4 2022.01.03

Symbol to trade CHFJPY added

Version 1.3 2021.12.31

Symbols to trade USDJPY and AUDUSD added

Version 1.2 2021.12.29

Bug fixed

Version 1.1 2021.12.29

Bug fixed