Night Owl

NIGHT OWL

NIGHT

SCALPER

  • Trades the most quiet moment of the market (around NY-close)

  • Strict use of stoploss on every trade

  • Adaptive SL and TP management

  • spread/slippage filter to avoid trading during bad market conditions

  • Runs on 11 pairs to spread risk

  • fully automatic

  • Very stable already since 2007

  • survives strict high quality backtests, with real variable spreads, commission and random slippage at 99% tickquality

  • Proven live results with several different brokers

  • EA is linked to buyer's name and can run on unlimited live accounts

NIGHT OWL is a night scalper that trades during the most quiet times of the market.

Markets tend to range in that period and the EA will trade those ranging movements.

Each trade will have an initial stop loss and take profit, but the EA uses also advanced SL management algorithms that will evaluate the strength of the trades and close out early if necessary.

The EA works on all pairs that have stable spread and quiet moves during the night. But it is programmed to also handle bigger spreads without too much loss of performance.

The EA also has a spread filter and slippage filter to prevent trades being opened in markets that are moving too volatile.

The user can also set the desired trading hours for each day.

Already optimized for EURUSD, USDCHF, GBPUSD, USDCAD, GBPAUD, GBPCAD, GBPCHF, EURCHF, EURAUD, EURCAD and AUDCAD

 
 

(2007-2018 using fixed lotsize 0.01)

night owl backtest gbpusd

(2007-2018 using fixed lotsize 0.01)

night owl backtest eurcad
night owl backtest full setup
EURUSD
GBPUSD
EURCAD

(2007-2018 using fixed lotsize 0.01)

night owl backtest eurusd
FULL SETUP RUNNING ALL PAIRS

NOW ONLY

!! 290$ !!

RISK DISCLAIMER

RISKS ASSOCIATED WITH FOREX TRADING

Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.

There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. Investments in foreign exchange speculation may also be susceptible to sharp rises and falls as the relevant market values fluctuate. The leveraged nature of Forex trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. Not only may investors get back less than they invested, but in the case of higher risk strategies, investors may lose the entirety of their investment. It is for this reason that when speculating in such markets it is advisable to use only risk capital.

Risk Disclaimer for Forex Trading

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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