Market / MetaTrader 4 / Experts /

Black Night

299 USD

Demo downloaded: 55

Published: 15 December 2021

Current version: 1.2

Black Night

Experts
Heiko Kendziorra
Version: 1.2
Updated: 3 January 2022
Activations: 12

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth:

It does not open trades in the difficult rollover hour when the spreads widen and liquidity is low.

If a trade is open it does not open trades in correlating currency pairs.

It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible.

It needs no set files and works fully automatically with the default setting in 10+ pairs.

Black Night shows live trading results.

Black Night allows to adjust the strategy, see blog >>

Black Night does not use dangerous strategies like martingale or grid.

It opens always just one order with hard StopLoss in a currency pair.

mt5 version >>

See how it works in live trading (take a look at the signal description):

Demo trading (normal risk, started earlier) >>

Demo trading NO Filter (read description!) >>

Many night scalpers had a hard time with heavy drowdowns since Thanksgiving - but not Black Night!

Black Nights advanced filter system and the exclusion of correlating pairs show effect.

Black Night 'knows' when important US holidays come, to lower then trading activity in USD related pairs.

First Black Night sets limit orders in many currency pairs. If a limit order is executed and turnes into a buy

or sell the EA deletes correlating limit orders and doesn't open new ones until the running order is closed.

Recommended Pairs: AUDCHF CADCHF EURCHF GBPUSD GBPCHF GBPJPY USDCHF EURAUD AUDCAD CHFJPY GBPCAD

2nd league pairs, tradet with half lotsize in the signal: AUDUSD AUDJPY EURGBP EURCAD

Black Night automatically detects the pair and indicates it in the chart (up, left) together with the current spread.

Details about the pairs and lotsizing in the signal description >>

Backtest

The Black Night filter system checks relations to highs and lows of former days and weeks.

To get correct results make sure D1 and W1 data for each tested pair are in your history.

Quick set up

Open M5 charts of the currency pairs you want to trade - 10 charts for 10 pairs for beginners (see signal description >>).

Make sure that AutoTrading is activated before the next step.

Open the Navigator - under Experts/Market you should find the Black Night EA.

Pull BlackNight from the Navigator to a chart - a window opens.

Klick OK in the window. Repeat this with all 10 charts.

That‘s it!

If your broker does not have rollover right after midnight:

You must set the hour before rollover of your broker in HourEnd

and set 2 hours before rollover in HourStart (see settings), then klick OK.

Summer/Wintertime changes are not necessary.

To get your broker's rollover time: open Market Watch/Symbols, right click on AUDUSD symbol and select Specification.

Scroll down in the specification window - the start hour in Quote and Trade show when Rollover starts.

If you want to start careful with a lower lotsize you can set the MaximumRisk to a lower value as the default setting (e.g. half) and then klick OK.

Settings

The first 2 settings set start & end of the period when orders are opened.

HourStart - 2 hours before rollover, here 22.

Most brokers use GMT+2 in winter and GMT+3 in summer (US DST). Their rollover is at 0:00 so hour before (HourEnd) = 23.
HourEnd - 1 hour before rollover
Auto_Moneymanage: auto money management: 1 = On
MiniLots: if true, Auto_Moneym. has steps of 0.01 lot
MaximumRisk: % of account free margin set on risk for a trade
Lots: lot size if Auto_Moneym. is disabled
DistB: points deviation to calculated level, where the buy limit order is set

StopLossB: distance of stop loss for buys
TakeProfitB: minimal TakeProfit for buys (if other conditions meet)

Variation of Dist, StopLoss and TakeProfit may improve the result.

Following the same settings for sell orders and:

MaxSpread: if spread exceeds this, set pending orders are deleted

The default setting is fairly low, so in the rollover hour usually all limit orders are deleted.

LastTradeDayDec: for low liquidity around the holidays in 2nd half of Dec. trading is deactivated after the set day
magic: number of EA

The following settings are explained in the blog >>

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The indicator shows support and resistance levels as horizontal lines. It shows the highs and lows of former days, weeks and month in every chart. How to work with support and resistance levels show the EA Limit Scalper and the Universal Moving Average Expert Advisor (UniMA EA) . When the tip of the coursor is on a line (mouseover) it shows the real value of the level and which high or low is shown, see explanation below. The indicator must be installed like an expert advisor ! To se

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The Trend Magic Alarm shows the direction of a trend and indicates when it changes with a sound, popup window, push or email notice. Blue dots in the chart indicate an uptrend, red dots indicate a downtrend. Levels of former highs + lows give orientation in a chart. Trend Magic Alarm can draw these levels as lines in the chart, see inputs. Input Parameters Counter : number of bars used for calculation PowerSet : shows how near to the bars the trigger dots are placed DotSize : size of the shown

49 USD

EquityProtect provides hidden StopLoss, TakeProfit or TrailingStop based on the account equity. All orders of all symbols can be closed or just the chosen currency and/or just buys or sells or pending orders deleted. EquityProtect closes all or just defined orders when the account equity falls under or rises over a certain level. Besides EquityProtect can use the account equity as trailing stop. A comment in the chart shows the equity where the robot will react. mt5 version >> EquityProtect is v

39 USD

The unique Levels EA trades dozens of profitable strategies in any chart. All strategies are easy to understand, can be edited and changed to trade other strategies, currencies, CFDs or timeframes. A handful of strategies can be downloaded in the Comments section and with some time and patience everybody can program own trading strategies without programming knowledge. With a little analytical mind it should be easy. No martingale, no grid, always just one order open with StopLoss. Levels

399 USD

Buy the dip - sell the spike. This simple strategy, executed with limit orders, makes slippage your friend. The extended Take Profit sets no limits to profits, often profits far above the normal scalping profit are achieved. See screenshots below. No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/1495331 The default settings are for GBPUSD M5 chart. Timing is important! Set SetUTC (GMT) according to the timezone of

299 USD

Buy The Dip Util is an halfautomatic expert advisor (EA), to buy on dips (days lows) and sell on spikes (days highs). A profit can exceed a loss trade up to 10 times , so the user can have several loss trades and still make profit. Orders are opened at the change of the hour , if a button in the chart is pressed. The Buy The Dip as EA does this automaticly. The order stoploss is automaticly set right below the low of the former hour (buy) or right over the high (sell). The position size

69 USD

Black Night is more than just another night scalper. It is focused on safety first for a long-term stable growth: It keeps trading activity low in the difficult rollover hour when the spreads widen and liquidity is low. It starts trading one hour before the 'usual' night scalping time to take profit without swap and before spreads widen - if possible . If a trade is open it does not open trades in correlating currency pairs. It needs no set files and works fully automatically

299 USD

Scalpelo is a unique full automatic trading system that cuts many small chunks out of market movements non-stop 24 hours a day with surgical precision. In EURUSD it opens trades with limit orders, so slippage becomes your friend and internet speed is not an issue. NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Always just one order open with StopLoss. Live Signal >> The default settings are for EURUSD M5 chart. Settings SetUTC

299 USD

39 USD

Trade any currency, crypto, cfd or stock in any timeframe depending on 2 moving averages , from scalping to position trading. All parameters and functions can be modified and de/activated in the settings, there's no hidden algorithm. The Universal Moving Average Expert Advisor ( UniMA EA ) trades a simple strategy that works well with dozens of profitable settings. All backtest results shown in the screenshots below and tradet in the signals can be tested with the provided set files in the com

199 USD

Outbreak is a fully automated robot that follows breakouts in EURUSD. It opens several trades a day and closes them the same day. Always just one order open with StopLoss. More than 80% of the trades are profitable in historical backtests and in the Live trading signal >> Live tradingl of the second strategy here >> NO m artingale, grid trading or other dangerous method used, that at the end erases your account. Usually Outbreak is scalping the market, cutting small profits f

399 USD

Buy the dip - sell the spike of the US Tech 100 Index No martingale, no grid, always just one order open with StopLoss. Live Signal: https://www.mql5.com/en/signals/2196371 The starting price is only for the first buyers, next price USD 399 and every week that ends with a profit, it increases by another 100. The default settings are for the US 100 Tech(Cash) CFD M15 chart, the default lotsizes are for an account of USD 10000. The minimum account balance is USD 100 to trade 0.01 buy and

299 USD

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