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Overview
In the world of Forex trading, the choice of software can significantly influence success. The Night Scalper EU is a specialized tool designed for professional currency trading during the quiet sessions one hour before and after rollover timing. The focus of this review is to evaluate the safety, efficiency and reliability of the Night Scalper EU in the Forex market.
Trading Strategy: Safety First
The Night Scalper EU is coded to trade primarily on the EURUSD pair, using the M5 timeframe. However, it is not exclusive to this pair giving traders flexibility to diversify their portfolio. The software stands out for its commitment to safety as it avoids dangerous trading strategies such as the grid or martingale strategies, which are notorious for their high-risk nature. Users can thus rest assured that their trading activities are safe.
Broker Recommendations
For optimal performance, it is suggested to use the Night Scalper EU with a tight spread broker, preferably an ECN broker with excellent liquidity. While the software can work with various brokers, this recommendation is made with an aim to maximize potential profits and minimize trading risks. Users can find a list of compatible brokers by visiting the product profile of Night Scalper EU.
Pricing and Support
Currently, the Night Scalper EU is available for a promotional price of $175. However, with every 10 sales, the price increases by $50. This pricing model encourages early adoption. The software also comes with a Telegram support channel where users can ask questions and receive prompt responses, ensuring a smooth trading experience.
News Filter and Updates
One of the unique features of the Night Scalper EU is its News filter file, which helps traders stay updated with high impact news that can influence their trade decisions. The news file is updated via www.forexfactory.comโs calendar, requiring users to set the calendar time zone to GMT 0. This feature adds an edge to trading strategy by allowing traders to anticipate market movements based on significant news events.
Frequently Asked Questions
Where should I place the News filter file?
Users need to open MT5, click File, then Open Data Folder, double-click the MQL5 folder, and then select Files folder. The News.csv file should be placed in that directory.
How can I update the News file?
Users can update the news file by accessing the calendar on www.forexfactory.com. Itโs important to set the calendar time zone to GMT 0. Only high impact news is filtered for trading purposes.
Independent testing and updates on the performance of the Night Scalper EU can be observed on the forexroboteasy.com website, providing potential users with insights into the productโs efficacy. We invite users of Night Scalper EU to share their experiences and provide feedback, contributing to a more comprehensive understanding of the softwareโs performance in different trading scenarios.
This review is an independent evaluation of the Night Scalper EU, aimed at providing potential users with an objective overview of the productโs features, safety, and efficiency. The softwareโs commitment to safe trading strategies, its flexibility with currency pairs, and its unique news filtering feature make it a noteworthy tool in the realm of Forex Trading.
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