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Night Worker MT5

Night Worker MT5

is a low-risk multi-currency Expert Advisor, particularly suitable for risk-averse users, that does not use risky recovery strategies such as Martingale or Grid. Due to tightly limited stop-loss values, the profit curve naturally does not move upwards like a straight line and without fluctuations. On the other hand, there is also no risk of a deeper draw-down, as inevitably occurs sooner or later with the strategies mentioned above, and those in some cases can lead to a total loss.

Due to the low risk of the Night Worker MT5 strategy, a starting capital of $50/0.01 lot per traded pair is sufficient for accounts with leverage from 1:100. For accounts with leverage of 1:30 it should be at least $100/0.01 lot.

The parameters specific to the tradable pairs (GBPCAD, EURCAD, EURSGD and GBPCHF) are pre-configured internally and no further set files are required. Additional pairs can be freely configured by experienced users using “Custom” mode. However, it is advisable to only trade currencies that are comparatively less active outside of European and American trading hours. These are in particular EUR, GBP, CAD and CHF.

It should be noted that in “Custom” mode the Expert Advisor must be installed on the associated currency chart. In “Predefined” mode, the Expert Advisor is only installed on a single GBPCAD chart, from which all pairs entered in the currency list are then traded. If necessary, the number of pairs opened at the same time can be set via “Max. Trades open concurrently” can be limited.

Opening positions takes place during European night time and starts at 20:00 GMT hour. Only one position is opened per pair, each with a stop loss and take profit. The stop-loss levels set when positions are opened only serve as additional protection if the stop-loss functions managed by the Expert Advisor cannot take effect in the event of unusual market movements or a failure of the computer and/or the VPS. In fact, in the rare cases of draw-down, the losses are well below the fixed stop loss levels - usually in the range of no more than 10 to 30 pips.

The underlying strategy trades within a channel formed on the M1 timeframe by trend and level indicators.

The installation takes place on the associated chart, where an onscreen panel visualizes relevant status information. The time frame used is arbitrary, as the expert works independently of it.

 

Traded currencies:

Single-chart setup for GBPCAD, EURCAD, EURSGD, GBPCHF for trading all pairs via a single chart. (Optionaly pairs CHFSGD and CADCHF can be used as well by adding manually to the list)
-> Currency suffixes are detected automatically. No need to change the preset no-suffix pairs.
-> ATTENTION: In 'Custom' mode only the currency of the underlaying Chart is trading!

Other currencies:

Can be freely configured and optimized via “Custom” mode

Timeframe:

Can be chosen arbitrarily, without affecting trading

Trading Time:

Freely adjustable, Friday trading and the end/beginning of the year can be configured or turned off separately.

Risk Management:

Selectable as a percentage between balance, equity or free margin

Trading procedure:

FIFO-compliant. Therefore suitable for USA traders as well. Profit taking selectable by indicator based Trailing per single pair or average Profit Trailing on all opened pairs.

Eligibility for Prop Firm Trading:

Yes

Individual Magic Number:

Yes. This means there is no influence from or by other experts on the same terminal account

Visualization:

On-screen panel with status information about profit and margin

Recommended accounts:

ECN brokers with low spread and/or RAW account type and low slippage

Minimum capital per currency pair traded:

$50/0.01 lot for accounts with leverage > 1:100, $100/0.01 lot for accounts with leverage < 1:100

 

Important NOTE:

Before purchasing, please download the demo and perform a Backtest on the broker account you intend to use. To ensure uninterrupted functionality, installation and operation should be carried out on a VPS.

Quick Installation Instructions:

1. Before adding the Expert to the chart, make sure that all the symbols that are included in the Settings "List of Pairs", are added to the terminal's "Market Watch".

2. Enable "Algo Trading" in the terminal.

3. Now add the Expert to the GBPCAD chart.

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DOW KING EA   Es   un       Sistema accesible totalmente automático   con todos los parámetros de optimización abiertos y un   mecanismo de recuperación. Only 1 Copies of 10 Left  for 345 $ Next Price 799 $  GUÍA DOW King Señales Reembolso del corredor de comisiones Actualizaciones Mi blog Not        Grid       , Not        Martingale       , Not         AI         , Not         Neural Network. Default Settings for One chart        US30 M15 Cada puesto siempre tiene un       SL fijo y TP    
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Denis Kurnev
4.5 (14)
AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
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Gregory Hay
4.57 (14)
Bienvenido a       Versión GoldExcel EA MT5   , negociación válida en el par de divisas XAUUSD (GOLD) del día. ¡Diseñado por nuestro equipo para trabajar con cuentas regulares, cuentas patrocinadas y tareas! ¡No utilice operaciones de alta frecuencia! See all products here:   https://www.mql5.com/en/users/fxmanagedforexltd/seller El precio de oferta inicial aumenta cada pocas semanas. Live $1K account Aggressive :  https://www.mql5.com/en/signals/2133201 Live $5K Low Risk:  https://www.mql5.com/
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Tajammul Hussain
5 (3)
Live Signal available here:  https://www.mql5.com/en/signals/2223440 Estimados Traders, Me complace presentarles nuestro revolucionario nuevo asesor experto, "Trade Fusion", una solución de vanguardia que está preparada para transformar el mundo del trading automatizado. Trade Fusion es el resultado de meses de investigación intensiva, desarrollo y pruebas rigurosas, que combina tecnología de última generación con las estrategias de trading más sofisticadas para ofrecer una experiencia de tradi
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Artem Minchuk
3.23 (48)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
Quantum Trade EA MT5
Bogdan Ion Puscasu
4.79 (139)
Introduciendo       ¡Quantum Trade EA   , el innovador asesor experto de MQL5 que está transformando la forma de operar con el prestigioso par GBPUSD! Desarrollado por un equipo de comerciantes experimentados con experiencia comercial de más de 13 años, Quantum Trade       EA está diseñado para impulsar su viaje comercial a nuevas alturas con su innovadora y dinámica estrategia de zona de ruptura. ¡IMPORTANTE! Después de la compra por favor envíame un mensaje privado para recibir el manual de
Daytrade Pro Algo MT5
Profalgo Limited
4.5 (10)
Promoción de lanzamiento: Número limitado de copias disponibles al precio actual Precio final: 990$ Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files ¡Bienvenido a DayTrade Pro Algo!   Después de años de estudiar los mercados y programar distintas estrategias, he encontrado un algoritmo que tiene todo lo que necesita un buen sistema de trading: Es corredor independiente Se propaga independiente Muestra p
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Aleksandr Chebotaev
5 (4)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Guillaume Duportal
4.92 (38)
Darwin SWING Precio de lanzamiento 999 USD , precio futuro 1490 USD DESCRIPCIONES : -- Para entender cómo funciona, venga a leer el blog (Este EA refleja mi filosofía de comercio de divisas ... Si te gusta la forma en que veo las cosas, entonces te gustará mi EA. Tómate el tiempo para hacerlo. (Forex no es una carrera): https://www.mql5.com/en/blogs/post/745790 -- Para ver los resultados anteriores aquí están los enlaces a las señales Señales en vivo y de demostración: https://ww
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
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Versión 1.56 2024.04.21
- Added Volatility Filter
- Added protection against incorrect entries in the Settings symbol list
- Performance of all pairs improved
Versión 1.54 2024.04.17
- Changed Friday trading by default to enabled
- Added Friday Close selectable by Disabled, Profit Close, Loss Close or All Close
- Added new currency pairs CADCHF, CADSGD (If desired, please add them manually to the currency list)
- Added optional Average Profit Trailing for multiple open orders (Bulk Trailing Profit Close)
- Fixed displaying correctly profit in Custom mode
Versión 1.53 2024.04.16
- Added automatic switching to Custom mode if the expert becomes installed on a chart of a currency pair that is different from the set of predefined currency pairs GBPCAD, EURCAD, EURSGD and GBPCHF. The Onscreen Panel also visualizes that currency pair and pointing out that this is now a multi-chart setup. Consider that in multi-chart mode only the underlaying currency pair becomes traded on this chart.
Versión 1.52 2024.04.14
- Enhanced Onscreen panel to display traded currency pairs, displaying particular profits/losses on each pair
- Enhanced abled trading of currencies that come with suffixes (For example GBPCAD.raw, GBPCAD+, GBPCAD-Z,...)
Versión 1.51 2024.04.14
- Minor bug fixes
Versión 1.50 2024.04.13
*** Main Revision ***
- Now one chart setup for multiple currencies
- Added currencies EURSGD and GBPCHF to the list
- Performance increased
- Minor bug fixes
Versión 1.44 2024.04.12
- Changed Friday trading to use Weekday Stop Hour. If Friday trading is enabled (default), Weekday Stop Hour is used. If disabled, trading time ends on Thuersday night at 23:59 Hour GMT
Versión 1.43 2024.04.11
- Fixed a minor issue where on the Onscreen Panel Floating Profit value was not reset to zero after trade close