Night Hunter Pro V 3.56


Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth. It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading area. Nothing fancy here, no testing Holy Grails, no "risk-free martingale", only strict rule-based approach to trading, allowing to maximise return while having risks under control


$80 $547(-85.37%)
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Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth. It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading area. Nothing fancy here, no testing Holy Grails, no "risk-free martingale", only strict rule-based approach to trading, allowing to maximise return while having risks under control


Supported currency pairs: GBPUSD, EURUSD, EURCHF, USDCAD and USDCHF

Recommended timeframe: M5

The EA does not use martingale or grid. It only enters a trade with pending orders and uses a stop loss for each trade!

Features:

  • One Chart Setup: you only need one chart to trade all symbols
  • Multiple currency pairs support
  • Solid backtest and live performance
  • Advanced News Filter
  • Auto GMT detection
  • Self Diagnostic System
  • Negative Swap Filter
  • Friday Exit System

Backtests should be done with Tick Data Suite GMT+2 with US DST. This GMT offset is used by most brokers

How to install

  • The EA must be attached to ONLY one M5 chart, EURUSD is recommended
  • If your broker uses a suffix (e.g. EURUSD.a) you should update names in the Symbol parameter
  • Use recommended pairs only. You don't need .set files, all settings are stored internally in the EA
  • Please allow web requests to the following URLs for news filter and GMT detection (delete spaces!):

    1. http: //ec.forexprostools.com
    2. https: //www. worldtimeserver.com

Requirements

  • The EA requires good brokerage conditions: low spread and slippage during the rollover time. I advise using a really good ECN broker. Write me personally for advice
  • The EA should run on a VPS continuously

Setting

  • Allow Opening a new Trade - on/off opening of new trades
  • Lot-sizing Method - select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the "Fixed lot" parameter, Dynamic Lots will use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, and 3 predefined presets will calculate risk automatically for you
  • Fixed Lot - fixed trading lot
  • Dynamic Lot - balance/equity to be used per 0.01 lot
  • Maximum Lot - max allowed trading lot
  • Maximum Spread, in pips - maximal allowed spread for position closing
  • Maximum Slippage for a non-ECN acc, in pips - max allowed slippage
  • Maximum Symbols at a time - max allowed number of symbols that can be opened at the same time
  • Allow to Buy/Sell - on/off Buy/Sell trades
  • Maximum Drawdown Percent - if current floating drawdown exceeds the specified % the EA will close open positions

Strategy

  • Symbols separated by comma - list of pairs to trade. Suffix needs to be included if your broker uses one!
  • Hour to Start/Stop Placing Orders - when to start/stop placing pending orders. Set Smart Time Filter to false if you want to optimize these parameters
  • Smart Time Filter - on/off smart time filter
  • Hour to Stop Trading (on Friday) - hour to stop trading (on Friday). All open positions will be closed at this hour
  • New Year Holiday Filter - on/off Christmas/New Year trading filter
  • StopLoss, in pips - stop loss value in standard 4 digit pips
  • Hide StopLoss - on/off stop-loss hiding
  • Rollover Time Filter - on/off the rollover time filter
  • Swap Filter - cancels trading on Wednesday evening in the direction of the negative swap
  • Max Negative Swap, in pips - max negative swap
  • News Filter Enabled - on/off News Filter
  • Wait Minutes Before/After Event - suspend trading before/after the news

Others

  • Trade Comment - comment for orders
  • UID (0...9) - unique EA instance number. Usually no need to change it
  • ShowPanel -  on/off Info-panel
  • GMT/DST TestGMT offset in winter and DST in Tester. This parameter has no effect on live trading