Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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149.00 USD105.79 USD

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MetaTrader 5
Sergej Maehler


NightOwl is a pure price-action based scalping strategy designed for EURUSD symbol, M5 timeframe. It does not use indicators for signal generating and works directly with quotes and internal algorithms for analysing the current Market situation, as well as analysing price movements combined with sophisticated indicator based filtering methods to identify only the safest entry points.


  • Trade only 1 position. 
  • No martingale
  • No grid
  • No averaging
  • Easy to install


  • Working symbol EURUSD
  • Working Timeframe: M5 
  • MT5 Hedging Account 
  • Min. Balance: $100 per 0.01
  • Min leverage: 1:30


  • Price-action based strategy
  • Advanced news filter
    • Auto GMT detection
    • Auto suffix detection
      • Spread filter
      • High Volatility filter
      • WeekDay filter
      • Intraday Time filter

      NightOwl has been optimized for EURUSD symbol, M5 timeframe, based on high-quality tick-data of DukaScopy for the period 2010 to 2021 and is constantly updated. It allows you to run an reliable back-test on each tick based on real-ticks on your MetaTrader 5. 

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      RISK WARNING: is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.