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Black Night mt5

5

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 with the default settings in 8+ pairs. 
  • Black Night allows to adjust the strategy.
  • Black Night does not use dangerous strategies like martingale or grid.

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


Recommended Pairs   AUDCHF AUDUSD AUDJPY EURUSD GBPUSD EURGBP EURCHF CHFJPY

Black Night requires one chart for each currency, it has not a one chart mode!


mt4 version >> 

For lack of space here see setup and settings in short form in the mt4 version.

Backtesting and optimization for mt5 are explained in the blog >>

Version 1.8 is internally otimized for all pairs shown in the screenshots.

Other pairs show profit but need more code optimization.


After christmas, between the years, meaningful trading is rarely possible. If there are any movements at all, experience shows that they are extremely unpredictable due to the overall thin trading volume. For this reason, live trading is recommended to be deactivated until 2 January.


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

First Black Night sets limit orders in 8 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.

Once a order is opened pending orders of correlating pairs are closed to lower risk.

   

 

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 >>


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. 

  • HourEnd hour after rollover, here 1 

  • 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

  • DistBpoints deviation to calculated level, where the buy limit order is set 

  • StopLossB: distance of stop loss for buys

  • TakeProfitB1: minimal TakeProfit for buys (if other conditions meet) 

  • TakeProfitB2other TakeProfit for buys (if other conditions meet) 

Variation of Dist, StopLoss and TakeProfit may improve the result, see blog >>

    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


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    Xingming Chen
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    Xingming Chen 2022.01.17 08:04 
     

    Like night scalper, just bought the EA, looking forward to the performance of live trading.

    Updating: Till now, already monitored three trading days using real account, highly met backtesting, good EA , thanks author!

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    Heiko Kendziorra
    3.33 (3)
    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
    Levels Trader
    Heiko Kendziorra
    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
    Limit Scalper
    Heiko Kendziorra
    5 (1)
    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
    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 s
    Black Night
    Heiko Kendziorra
    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 d
    Scalpelo
    Heiko Kendziorra
    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 SetUT
    Universal MA EA
    Heiko Kendziorra
    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 co
    Outbreak
    Heiko Kendziorra
    2.21 (24)
    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
    Tech EA
    Heiko Kendziorra
    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 a
    필터:
    Xingming Chen
    816
    Xingming Chen 2022.01.17 08:04 
     

    Like night scalper, just bought the EA, looking forward to the performance of live trading.

    Updating: Till now, already monitored three trading days using real account, highly met backtesting, good EA , thanks author!

    Heiko Kendziorra
    10898
    개발자의 답변 Heiko Kendziorra 2022.01.17 10:12
    Thanks for your review! Good trades!
    리뷰 답변
    버전 1.8 2023.11.27
    Optimized on AUDCHF AUDJPY EURUSD EURJPY GBPUSD EURGBP EURCHF CHFJPY
    버전 1.7 2022.01.11
    Internal settings adapted
    버전 1.6 2022.01.11
    Bug fixed
    버전 1.5 2022.01.05
    Bug fixed
    버전 1.4 2022.01.03
    Symbol to trade CHFJPY added
    버전 1.3 2021.12.31
    Symbols to trade USDJPY and AUDUSD added
    버전 1.2 2021.12.29
    Bug fixed
    버전 1.1 2021.12.29
    Bug fixed