NightTradeEA

For those delving into the realm of Forex Trading, selecting the right Forex EA can be a challenging endeavor. One such software that has been garnering attention recently is NightTradeEA. Capitalizing on the holiday sale, the EA was available for a reduced price of $149 – a bargain for those seeking to streamline their trading processes.

NightTradeEA: An Overview

NightTradeEA is an automated trading software, also known as an Expert Advisor (EA). Its unique selling proposition is its night scalping capability, which means it primarily operates between the American and Asian sessions. This limited operational window spans just two hours, offering a focused and efficient trading approach.

Authenticity of Trading Results

The NightTradeEA’s performance has been extensively tested on real trading accounts over several years, yielding impressive results. One of the accounts, labeled NightTrade3, saw an impressive increase of over 1000% within a year and a half, with a risk factor ranging from 3 to 7% per trade. Another account, NightTrade2, registered an astounding 10,000% increase over three years.

It’s important to note that these results don’t guarantee future outcomes. Similar to all Forex EAs, NightTradeEA can also experience losses. Therefore, caution is advised, particularly when dealing with high-risk stakes. A thorough evaluation period of at least 3-4 months is recommended before drawing conclusions about this automated trading software.

Key Features and Recommendations

NightTradeEA stands out for its safety features. It avoids dangerous strategies like martingale and grid that can potentially devastate the account. Each trading order is backed with a stop loss protection, ensuring the trader’s interests are preserved.

The software offers a vast range of settings, enabling the user to tailor each proposed file and activate pairs for which settings are not posted.

NightTradeEA is recommended for traders using brokers that offer ECN or Raw accounts with minimum spreads. The use of a Virtual Private Server (VPS) is also advised for the stable operation of the EA.

Currency Pair and Risk Recommendations

NightTradeEA is versatile in its currency pair usage. The EA can be set up for trading with pairs like AUDCAD, EURAUD, EURCAD, CHFJPY, GBPAUD, GBPUSD, EURCHF, AUDUSD, USDCAD, EURGBP, EURUSD, and USDJPY.

A range of risk settings can be applied depending on the trading style. For fixed lot trading, no risk is involved. Conservative trade involves 1-2% risk, normal trade 3-4%, active trade 5-7%, and aggressive trading can entail an 8-10% risk.

Support and User Group

After purchasing NightTradeEA, users can reach out to the developer with any queries about parameter settings or risk recommendations. Moreover, they have the opportunity to join a private user group, fostering a community of like-minded individuals sharing experiences and advice.

Independent Testing and Updates

Independent testing of NightTradeEA can be viewed on forexroboteasy.com. Subscriptions for regular updates on the testing results of this product are also available on this site.

FAQs

Q: Is NightTradeEA a reliable Forex EA?
A: NightTradeEA has demonstrated impressive results in real trading accounts over several years. However, past results do not guarantee future outcomes. Prudence is advised with any form of trading.

Q: Can I adjust the settings of NightTradeEA?
A: Yes, NightTradeEA offers a broad range of customizable settings, allowing users to optimize their trading approach.

Q: Where can I find independent testing results for NightTradeEA?
A: Independent testing results can be accessed on the forexroboteasy.com website.

Those who have tried NightTradeEA are encouraged to share their experiences. User testimonials can provide real-world insights into the software’s performance, thereby assisting potential users in making an informed decision.

This review is an independent evaluation of NightTradeEA, based on available information. As with any Forex Trading software, potential users should carry out their due diligence before making a purchase.