Midnight Blitz MT4

Midnight Blitz MT4, a prominent Forex software, has been making quite a noise in the Forex trading industry. It’s designed to trade during the quieter hours in the market and is capable of managing up to 20 pairs from a single chart. Let’s delve into the specifics of this automated trading system.

Strategy and Back-testing

Midnight Blitz MT4 implements a unique forex strategy that eliminates the use of grids and martingale strategies. Instead, it capitalizes on the quieter hours of the market to execute trades. This strategy has been back-tested from 2007 to 2021 using every tick based on real ticks in MT5, employing Dukascopy Real Ticks with a 100% tick quality. The test results showed a stable performance over this period, indicating the system’s resilience and reliability.

Live Trading Performance

Live trading performance of the Midnight Blitz MT4 reflects its effective strategy. It has been successfully used on various brokers, including ICmarkets, Vantage, Pepperstone, Tickmill, and Fusion Markets. However, it’s crucial to note that setting a high lot size can lead to heavy drawdowns. A recommended setting is 0.05 per $1000 of your balance to mitigate this risk.

Trading Pairs

Midnight Blitz MT4 shows versatility with the currency pairs it can trade. It can handle six main pairs: AUDCAD, AUDUSD, EURAUD, EURCAD, EURUSD, USDCAD. Additionally, it’s capable of managing up to 20 currency pairs all from one chart, including AUDCHF, AUDJPY, AUDNZD, CADCHF, EURCHF, EURGBP, EURJPY, GBPAUD, GBPCAD, GBPCHF, GBPUSD, NZDUSD, USDCHF, and USDJPY. This diversity across multiple currency pairs reduces risk and optimizes profit potential.

Operation and Risk Management

The Forex software employs a well-thought-out risk management strategy. If a trade stays open for too long, the stop loss reduces over time to decrease the associated risk. This feature ensures that traders are not locked into a trade longer than they wish, promoting better control over their trading activities.

FAQ About Midnight Blitz MT4

Q: Where can I find independent testing of Midnight Blitz MT4?
A: Independent testing of this product can be viewed on the forexroboteasy.com website. It’s recommended to subscribe for updates on the testing results.

Q: How can I share my experience using Midnight Blitz MT4?
A: Users are always encouraged to share their experiences using this product. Your feedback contributes to enhancing the system’s performance and helps other traders make informed decisions.

Q: Is this review independent?
A: Yes, this is an independent product review. The review is written in third-person and does not contain any words indicating ownership of the product.

Midnight Blitz MT4, a state-of-the-art Forex software, has proven its value through its stability, diversity, and risk management strategy. The MT4 review reveals a system that works to ensure maximum profitability while minimizing risks. Users are invited to share their experiences and subscribe to future updates to stay informed about its performance.