Night Scalper PRO MT5

The world of Forex trading is ever-evolving, with new tools and strategies being developed to help traders maximize their profits. One of these tools is the Night Scalper PRO MT5, a multi-currency Expert Advisor from INFINITY that has been designed to leverage the price’s tendency to return to the daily range at the end of the day. This article provides a detailed review of this Forex robot, highlighting its key features, advantages, and settings.

Key Features of Night Scalper PRO MT5

The Night Scalper PRO MT5 employs a unique strategy that capitalizes on the upper and lower shadows of the daily candle. This strategy is backed by a built-in news filter and a drawdown operation function, which help protect the account during a surge in the price of important news and shield the deposit from drawdown.

This Expert Advisor is designed for use with the MetaTrader 5 platform, but it also works effectively on MT4. The user only needs to install it on one chart (for example, EURUSD M15), and the Night Scalper PRO will trade all pairs. There is no need to install the Expert Advisor on all pairs.

Advantages of the Night Scalper PRO MT5

One of the key advantages of the Night Scalper PRO MT5 is its multi-currency trading capability. It also features a dynamic calculation of the traded lot size, which is a significant benefit for Forex traders. This Expert Advisor is optimized on 100% quality ticks and does not require additional set files. It is suitable for accounts with a low leverage of 1:10 and does not use dangerous strategies like lot doubling, grid, or martingale. Furthermore, it can be used with other INFINITY Expert Advisors on the same account.

Settings of the Night Scalper PRO MT5

The Night Scalper PRO MT5 offers various settings that traders can customize to suit their trading needs. These include the Trade Pairs List, which is a list of traded pairs, and the Open chart of trade Pairs, a function that automatically opens the chart for each traded pair. The Lot Type can be fixed, a percentage of Balance, Dynamic Lot, or a percentage Risk by order.

The Drawdown Operation setting provides account protection functions in case of drawdown, while the NEWS FILTER SETTINGS help to configure the news filter. Other settings include the Xmas holiday pause trade, Trade Friday, Show Trade Panel, Comment, and Magic.

Independent Testing and User Experience

For those interested in the performance of the Night Scalper PRO MT5, independent testing of this product is available on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product. Furthermore, we invite traders who have used this Expert Advisor to share their experiences, providing valuable insights for potential users.

FAQ

What is the Night Scalper PRO MT5?
The Night Scalper PRO MT5 is a multi-currency Expert Advisor that uses a strategy based on the price’s tendency to return to the daily range at the end of the day.

What platforms does the Night Scalper PRO MT5 work on?
It is designed for use on the MetaTrader 5 platform but also works effectively on MT4.

What are the advantages of using the Night Scalper PRO MT5?
The Night Scalper PRO MT5 offers multi-currency trading, dynamic calculation of the traded lot size, and a built-in news filter, among other features.

Can the settings of the Night Scalper PRO MT5 be customized?
Yes, the Night Scalper PRO MT5 offers various settings that traders can customize to suit their trading needs.

To conclude, the Night Scalper PRO MT5 is an innovative tool in the realm of Forex trading. With its unique strategy and robust features, it provides traders with a competitive edge in the market. However, as with any trading tool, it is essential for traders to understand its workings and settings thoroughly before using it for live trading.