Advisor Night walker 5 is based on the idea of analyzing nightly price behavior and searching for patterns. It is no secret that it is at the close of the trading day that most intraday trading deals are closed, and the market reacts to this!
The peculiarity of the advisor's trading Night walker 5 the fact that he collects a small profit, but almost no loss. In any case, the position has SL and TP and in case of incorrect position determination, you will never lose your deposit.
Night Walker 5 does not use a grid or martingale to average positions!
Fast installation
Just drag the EA onto the GBPUSD chart and select the M30 timeframe (recommended), at the same time no no set of files required .
How to set up an advisor
If you want to optimize the EA settings, then I recommend these parameters for optimization :
- TP
- SL
- CCI_1 (0.5-1.5- with a step of 0.1)
- RSI_1 (0.5-1.5- with a step of 0.1)
- MACD_1 (0.5-1.5- with a step of 0.1)
- Price_1 (0.5-1.5- with 0.1 step)
Recommendations
It is recommended to use the EA with ECN brokers with low spread and with a minimum level of freezing of the installation SL and TP .
The EA works only with 5-digit quotes and is optimized for a currency pair GBPUSD .
Minimum recommended account size: $ 200
Features of the advisor
IMPORTANT: The EA opens trades mostly during the daytime, but if the position is good, it can open a trade at night.
The EA uses fixed stop loss and take profit levels to minimize negative slippage on exit.
The EA opens only one deal on one currency pair at a time.
CAUTION: Keep in mind that past performance does not guarantee future profits. I always recommend running the EA first on a demo account or on a real one with a very low level of risk. This will allow you to better understand how the EA makes trades and captures profits and losses. This will allow you to overcome your emotions and prevent fear from taking over you while trading.