The Night Shot EA Forex robot for MT4 uses a scalping strategy used to identify the best short-term trade opportunities in both rising and falling currency markets.
The EA has an amazing 94.44 % win percentage and does not use any dangerous trading methods (grid, martingale) to turn an array of bad scalping trades into positive results.
According to the programmer, this trading bot works the best on the USD/CHF, EUR/CHF and EUR/AUD pairs (you can try on other pairs as well).
The Night Shot EA can be used with any Forex broker and works best when attached to the 15-minutes chart.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Strategy Tester Report
Find below the Night Shot EA track record (click on the picture for full size view).
- Profit factor: +41.37
- Winning percentage: 94.44%
- Drawdown: 2.02%
- Wins/losses ratio: 17
Download This Expert Advisor
Recommendations & Specifications
- Trading instruments: works on any pair
- Time frames: M15 (should work on any time frame)
- Minimum account balance: $150
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
The picture below shows the Night Shot expert advisor attached to the USD/CHF 15-minutes chart.
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Maximum spread, maximum slippage, trading settings, lots, use risk, maximum risk, stop loss, take profit
How to install and run the Night Shot EA?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Night Shot EA.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Night Shot EA!