Night Scalper LV
Introducing Night Scalper™ Lite
Night Scalper™ is designed to trade AUDNZD during the late hours (Asian session) when volatility is low, hunting for small but consistent mean reversion profits. It doesn’t use risky strategies, like martingale or grid trading. Instead, it relies on strict risk management and every position has a take profit and stoploss.
The LITE Limitations (Full Transparency)
To protect the value of my premium version, this Free version has two strict limitations:
- Max Lot Size: It has a hardcoded max volume of 0.03 lots in live trading. (Note: The Strategy Tester is fully unlocked, so you can backtest the auto-compounding math yourself!)
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No Auto Compounding: The dynamic lot sizing feature is disabled.
Everything else works exactly like the full version. I provide this version, so you can see how Night Scalper works, before you commit to the full version.
Check out the Live Signal: Live Signal
Check out the full version: Full Version
For any questions or support, please DM me on my MQL5 profile: Contact Me
A Short Reality Check
Forget the ChatGPT/AI and "neural network" marketing hype. Night Scalper™ is a straightforward, mathematically driven, and 100% REAL trading system, which means it will have both good and bad months, just like any professional and realistic strategy.
Night Scalper is a patient EA. When the trading session starts, the EA will place two pending orders (one Buy Limit and one Sell Limit).
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If the market moves and hits the order open price, the trade activates.
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If the market is dead, the pending orders will simply expire and be deleted at the end of the session, resulting in zero trades for the day. This is intentional. The strategy is designed to filter out slow moving setups. As long as you see the pending orders being placed in your MT5 terminal, at the time you chose in the inputs, the EA is working as intended. Do not expect trades every day. Expect patience.
It is critical, that you read the official setup guide, before using the EA: Complete Setup Guide
What Makes Night Scalper™ a Good Choice?
- Steady Long Term Growth: No insane 'ALL IN' strategies.
- Real Trading Mechanics: Expect both winning and losing periods.
- No Multi Day Exposure: All trades are forced to close within a chosen time window.
- Solid Risk Management: NO Martingale, NO Grid, NO Hedging. Every single position has a strict Take Profit and Stop Loss.
- Start Small: Start with just $100; no need to risk huge capital from the get-go.
Technical Setup
- Currency Pair: AUDNZD (Can be tested on any mean reversion friendly pairings: AUD, CAD, NZD, CHF)
- Timeframe: ANY TIMEFRAME
- Settings: Default settings will work fine
- Minimum Leverage: 1:300
- Account Type: Low Spread / Raw / Zero
- Minimum Account Size: $100
- Recommended Account Size: $250+
IMPORTANT: The Broker Requirement
During the late night trading hours, average brokers severely widen their spreads. Because this EA hunts for small scalping targets, a high spread will completely destroy the profitability of this algorithm. A Raw/Zero spread account is absolutely mandatory. (Contact me on MQL5, if you need recommendations for the exact low commission brokers I use to achieve my live results).
Make sure to read the setup guide for Night Scalper, if you're not sure your current broker lives up to the requirements: Complete Setup Guide
Real Talk
Some days will be winners, others won’t, and there will even be days with no trades triggered at all. If you’re looking for non-stop excitement and constant dopamine, sorry, but Night Scalper™ isn’t for you. But if you prefer a methodical trading system with a focus on long-term compounding and minimal risk, this is your tool.
Want Proof Before You Buy the Full Version?
- Backtest it: Run a backtest on a low spread broker to see historical performance (though, as always, take backtests with a grain of salt. They are a tool, not a crystal ball).
- Verify it: Check the live signal and verified results.
You can find the full version here: Full Version
Pricing Transparency
I'm not going to claim I've built a "get rich quick" EA, which means Night Scalper will never be priced at thousands of dollars. The full version is currently available at a fair base price of $99.
Price will increase, as the user base and popularity grow to protect the strategy's edge.
If you have any questions about the setup, the broker requirements, or the code, shoot me a DM here on MQL5 and I will personally help you out.
Send me a message: Contact Me
Trade smart.
Bjørn Larsen
Founder & Developer,
NoCap FX
