Twilight Trader EA is a Night Scalping EA primarily focusing on the often overlooked night trading session. Distinguished by its innovative approach, this EA exploits the unique market conditions prevailing during the late hours, especially after the U.S. trading session ends.
Night Scalper EA leverages a method known as “night scalping.” This technique involves executing numerous small trades to capture modest yet consistent profits over short periods. Night scalping is particularly effective during the nighttime when the Forex market experiences lower volatility and thinner market liquidity following the close of the American markets.
An advantage of Twilight Trader EA is its adaptability. It’s designed for a wide range of trading instruments, offering traders the flexibility to choose from various assets. Moreover, the EA’s interface is simple, requiring minimal configuration, which makes it accessible even to novice traders in the automated trading arena.
Twilight Trader Risk Management
Consistent with its risk-conscious philosophy, every trade executed by Twilight Trader EA is safeguarded with a Stop Loss and Take Profit mechanism. This approach is integral to managing trading risks efficiently, as it helps cap potential losses and lock in profits by automatically closing trades at pre-set price levels.
Night Scalping EA distinguishes itself by steadfastly avoiding high-risk trading strategies such as martingale, grid, or arbitrage. These techniques, while potentially profitable, can lead to significant losses and, in extreme cases, complete account depletion.
Please test in a demo account first for at least a week. Also, please familiarize yourself with and understand how Night Scalper EA works, then only use it in a real account.
Recommendations for Night Scalping EA
- Minimum Account Balance of $200.
- Work Only on GBPUSD, GBPCAD, USDCAD, GBPAUD, EURAUD, EURCAD, EURGBP, GBPCHF, EURUSD, USDCHF, NZDUSD, EURNZD, USDJPY, EURCHF, AUDJPY, AUDNZD.
- Work Only on M15.
- Night Scalping EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- Low Spread and Commission ECN account is also recommended (Find the Perfect Broker For You Here)
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Input Parameters
- TradingPair – select a set to trade;
- Max Total Orders with the same currency (0 – disabled) – max number of open orders with the same currency in the same direction
- Magic Number – unique magic number
- Lot – fixed lot size. Used if the Risk %= 0
- Auto Risk % – % of deposit under risk at a single order/trade
- 0.01 lot per Deposit – deposit used for every 0.01 trading lot
- Interval between trades in minutes (0-disabled) – the minimum interval between opening orders
- MaxAmountCurrency (0-disabled) – max number of currencies in the same direction
- MaxAmountCurrencyPair (0-disabled) – max number of currencies pairs in the same direction
- GMT Offset – broker’s time offset
- DaylightSavingTime – set true if your broker uses DST change.
- Comm – comment to an order/trade.
Updated 2024/06/3
Conclusion Night Scalper EA
Night Scalper EA’s combination of night scalping strategy, avoidance of high-risk trading methods, and emphasis on protecting trader’s capital positions it as a wise choice for those looking to explore night trading. As always, traders should remember that all trading involves risks and align any new strategy with their overall risk management and trading goals.
Does not open trades on real acc.
Have you tried running this EA when the NY market is closed? That’s how the name Night Scalper was derived.