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what the best setting in this ea...i like this ea and i think i can profit
Thank you for sharing this EA. Would appreciate any info on optimal settings and timeframe
Thank or share i will try on my account demo, success my account real EA It real thank you overmuch.
About Russian Night Owl EA
https://mt4talk.com/viewtopic.php?pid=30112#p30112
The Night Owl Expert Advisor is designed for a specific trading strategy known as night scalping. This strategy focuses on trading during the quietest hours of the market, typically during nighttime when market volatility is lower, and currency pairs tend to range rather than experience significant price swings.
You can use this EA during the night when market conditions are more stable and range-bound.
Each trade initiated by you with the EA comes with an initial stop loss and take profit level. These levels are set to manage potential losses and secure profits.
The Night Owl EA uses advanced stop-loss management algorithms. These algorithms constantly assess the strength of your trades and can close them early if they are not performing as expected. This feature helps you minimize potential losses.
The EA is compatible with currency pairs that have a stable spread and exhibit quiet price movement during the night. It is particularly designed to handle larger spreads without significant performance loss.
The EA includes features such as spread and slippage filters to prevent trades from being opened in volatile market conditions. This helps protect your trading account from excessive risk.
You have the flexibility to specify the desired trading hours for each day. This customization allows you to align the EA's operation with your preferred trading schedule.
The Night Owl EA has already been optimized for specific currency pairs, including EURUSD, USDCHF, GBPUSD, USDCAD, GBPAUD, GBPCAD, GBPCHF, EURCHF, EURAUD, EURCAD, and AUDCAD. These optimizations are aimed at improving the EA's performance on these pairs.
The Night Owl EA is recommended for you if you prefer a night scalping strategy. This strategy is suitable for those who can actively monitor their trades during the night and seek to profit from smaller price movements within a range. It is particularly well-suited for you if you want to automate your night trading activities, take advantage of the EA's advanced stop-loss management, and customize your trading hours according to your preferences.
Before using the Night Owl EA on a live trading account, it's advisable to try the free demo version to become familiar with its operation and assess its performance in a risk-free environment. This way, you can make an informed decision about whether to incorporate this EA into your trading strategy.
About Russian Night Owl EA
https://mt4talk.com/viewtopic.php?pid=30112#p30112
The Night Owl Expert Advisor is designed for a specific trading strategy known as night scalping. This strategy focuses on trading during the quietest hours of the market, typically during nighttime when market volatility is lower, and currency pairs tend to range rather than experience significant price swings.
You can use this EA during the night when market conditions are more stable and range-bound.
Each trade initiated by you with the EA comes with an initial stop loss and take profit level. These levels are set to manage potential losses and secure profits.
The Night Owl EA uses advanced stop-loss management algorithms. These algorithms constantly assess the strength of your trades and can close them early if they are not performing as expected. This feature helps you minimize potential losses.
The EA is compatible with currency pairs that have a stable spread and exhibit quiet price movement during the night. It is particularly designed to handle larger spreads without significant performance loss.
The EA includes features such as spread and slippage filters to prevent trades from being opened in volatile market conditions. This helps protect your trading account from excessive risk.
You have the flexibility to specify the desired trading hours for each day. This customization allows you to align the EA's operation with your preferred trading schedule.
The Night Owl EA has already been optimized for specific currency pairs, including EURUSD, USDCHF, GBPUSD, USDCAD, GBPAUD, GBPCAD, GBPCHF, EURCHF, EURAUD, EURCAD, and AUDCAD. These optimizations are aimed at improving the EA's performance on these pairs.
The Night Owl EA is recommended for you if you prefer a night scalping strategy. This strategy is suitable for those who can actively monitor their trades during the night and seek to profit from smaller price movements within a range. It is particularly well-suited for you if you want to automate your night trading activities, take advantage of the EA's advanced stop-loss management, and customize your trading hours according to your preferences.
Before using the Night Owl EA on a live trading account, it's advisable to try the free demo version to become familiar with its operation and assess its performance in a risk-free environment. This way, you can make an informed decision about whether to incorporate this EA into your trading strategy.
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