For those seeking stable trading software, Black Night MT5 presents itself as a reliable solution. This Forex trading software is more than just another night scalper due to its focus on safety and long-term growth. This Forex software review aims to explore its various features, operation parameters, and the benefits it offers to users.

Trading Activity and Time

One of the key features of Black Night MT5 is that it keeps trading activity low during the difficult rollover hour. This is the time when spreads widen and liquidity is low, making it a high-risk period for trading. Unlike other software that starts trading during the ‘usual’ night scalping time, Black Night MT5 begins its trading operations one hour earlier. This allows it to take profit without swap and before spreads widen, increasing the chances of successful trades.

Correlating Currency Pairs

Black Night MT5 is designed to maintain a safe Forex trading environment. Therefore, it does not open trades in correlating currency pairs if a trade is already open. This feature aims to limit risk and promote stable growth. Additionally, the software works fully automatically with default settings in more than 10 pairs, showing its ease of use and versatility.

Live Trading and Strategy Adjustment

Black Night MT5 provides live trading results, providing transparency and real-time data to users. The software also allows for strategy adjustment, giving users more control over their trading activity. It is important to note that Black Night MT5 does not use dangerous strategies such as martingale or grid. Instead, it opens only one order with a hard StopLoss in a currency pair, thus minimizing risk.

Software Versions and Currency Pairs

Black Night MT5 has different versions, with Version 1.4 being internally optimized for all pairs shown in the screenshots. The software is expected to work better in more currency pairs with the upcoming Version 1.5. The recommended pairs for Black Night MT5 include AUDUSD, GBPUSD, EURGBP, CADCHF, USDJPY, EURCHF, GBPCHF, GBPJPY, USDCHF, EURAUD, AUDCAD, and CHFJPY. Additionally, there are 2nd league pairs such as AUDCHF, AUDJPY, CADCHF, EURCAD, and GBPCAD.

Advanced Filter System

Black Night MT5 boasts an advanced filter system and excludes correlating pairs. This feature shows its effectiveness when important US holidays arrive, as the software lowers trading activity in USD related pairs. Black Night MT5 sets limit orders in many currency pairs, and if a limit order is executed and turns into a buy or sell, the software deletes correlating limit orders and doesn’t open new ones until the running order is closed.

FAQ

Where can independent testing of Black Night MT5 be watched?

Independent testing of Black Night MT5 can be viewed on the forexroboteasy.com website.

How can updates on the results of testing this product be received?

Users can subscribe to updates on the forexroboteasy.com website to stay informed about the testing results of this product.

This review is an independent analysis of the Black Night MT5 Forex trading software. Users are invited to share their experiences of using this product. This will not only help prospective users make informed decisions but also enhance the overall user community’s knowledge base.

Conclusion

Black Night MT5, with its focus on safe Forex trading and stable growth, is a noteworthy contender in the Forex trading software market. Its unique features, such as low trading activity during high-risk periods, no trades in correlating currency pairs, and live trading results, make it a reliable tool for Forex traders. This MT5 review suggests that Black Night MT5 is a viable option for those seeking stability and safety in their trading activities.