NightVision EA

Overview of NightVision EA

• NightVision EA is an automated Expert Advisor specifically developed for night scalping during the closing of the American trading session.
• The EA utilizes unique proprietary techniques that have been successfully tested on live trading accounts.
• Compatible with multiple trading instruments, it is known for its minimal settings and straightforward installation process.

Key Features

• Employs dynamic Stop Loss and Take Profit to ensure risk management in every trade.
• Utilizes price movement analysis, particularly within a channel, incorporating indicators such as Bollinger Bands.
• Works on various currency pairs including GBPUSD, EURCAD, and USDJPY, among others.
• Best performance observed on ECN accounts with low spreads and commissions.
• Operates primarily within the time window of 22:00 to 02:00 (broker's terminal time) to capture optimal nighttime movements. 🌙

Risk Management

• No use of high-risk trading methods such as Martingale, grid, or arbitrage.
• Every transaction is safeguarded with a predetermined Stop Loss and Take Profit to protect the trading account. 🚀
• Allows selective trading based on day of the week and specific hours, enhancing control over trading activities.

Trading Settings

• Supports a variety of trading pairs with adjustable parameters.
• Allows selection of fixed lot size or percentage risk allocation per trade.
• Configurable maximum allowed orders and currency pairs to maintain trade limits and avoid over-exposure.
• Includes features for managing conditions like Daylight Saving Time and broker time offset adjustments.

User Experience and Community Feedback

• Generally receives positive ratings, reflecting user satisfaction with its performance and reliability.
• Active support from the author, with updates and communication through the user community, addressing queries and suggestions.
• Recent updates have improved functionality, including more supported currency pairs and algorithm enhancements.
• Suitable for both novice and seasoned traders due to its ease of use and robust features.

Conclusion

• NightVision EA stands out as a powerful tool for traders looking to capitalize on nighttime market movements.
• With its focus on safety, risk management, and simplicity, it has garnered a dedicated user base. 💼