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As forex trading continues to evolve, so does the technology that traders use to navigate the forex market. A key player in this sector is the NightVision MT5, an automated Expert Advisor that focuses on night scalping trading during the close of the American trading session. This article offers a detailed review of this innovative tool.
Unique Features of NightVision MT5
NightVision MT5 stands out for its unique features developed by the author, which have been thoroughly tested on real trading accounts. It operates on a vast array of trading instruments and comes with a user-friendly interface, requiring minimal settings for installation.
This forex software prioritizes safety in its trading methods. It shuns the use of potentially harmful trading methods that could result in a significant loss of the entire deposit, such as martingale, grid, and arbitrage. Each trade is protected by a stop loss and take profit, safeguarding your deposit.
Supported Currency Pairs and Recommended Settings
NightVision MT5 works best with specific currency pairs including GBPUSD, GBPCAD, USDCAD, GBPAUD, EURAUD, EURCAD, EURGBP, GBPCHF, EURUSD, USDCHF, NZDUSD, EURNZD, USDJPY, EURCHF, AUDJPY, and AUDNZD. For optimal results, ECN accounts with low spread and commission are recommended.
Traders have the flexibility to select their preferred currency pairs from the supported list. They can adjust the risk percentage, the deposit under risk at a single order/trade, and the deposit used for every 0.01 trading lot. There are also settings for the maximum number of open orders at the same time, and the maximum allowed number of a particular currency or currency pair in the same direction.
Broker Compatibility and Trading Conditions
The software also accommodates variations in broker’s time offset and adjusts to brokers that use Daylight Saving Time. Users can also decide to open trades on Fridays and add comments to their orders or trades.
Independent Testing and Updates
Traders interested in the NightVision MT5 can watch independent testing of the product on forexroboteasy.com. This allows potential users to ascertain the software’s performance before making a purchase. Additionally, users can subscribe to updates on the testing results of this product. This is to ensure that traders are kept abreast of the software’s performance and improvements.
FAQ Section
What is the NightVision MT5?
The NightVision MT5 is an automated Expert Advisor that uses a night scalping strategy during the closing of the American trading session.
Which trading methods does it use?
Unlike some software which use risky methods like martingale, grid, and arbitrage, NightVision MT5 uses safe trading methods, with each trade protected by a stop loss and take profit.
Which currency pairs does it support?
The software supports a range of currency pairs including GBPUSD, GBPCAD, USDCAD, GBPAUD, EURAUD, EURCAD, EURGBP, GBPCHF, EURUSD, USDCHF, NZDUSD, EURNZD, USDJPY, EURCHF, AUDJPY, and AUDNZD.
Where can I see independent testing of the NightVision MT5?
Independent testing can be viewed on forexroboteasy.com, where you can also subscribe to updates on the testing results.
We invite all users of NightVision MT5 to share their experiences to help others make an informed decision. This is an independent product review and does not endorse or promote any products. It is always recommended that you do your own research before investing in any forex software.
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