Night Profit EA 2 is a fully automated scalping algorithm that trades with the trend. The strategy leverages the fact that prices generally oscillate between the upper and lower boundaries of a trading channel. Based on this principle, the EA executes trades during the Asian trading session, anticipating that prices will revert to their average value and capture predefined profits.
Night Profit EA 2 has undergone rigorous back-testing using 99.9% real tick data. Most internal parameters are hidden from the user to prevent errors, making it accessible even for beginners.
Important Usage Instructions
- Demo Testing: Test on a demo account for at least a week. Understand how the Night Profit EA 2 operates before deploying it on a live account.
Recommendations
- Minimum Balance: $100 on a standard account.
- Best Pairs: EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY (works on any pair).
- Optimal Time Frames: M1 or H1 (performance varies significantly with different time frames).
- VPS Requirement: For stable results, run Night Profit EA 2 24/7 on a reliable VPS (Recommended: FXVM).
- Account Type: Low spread ECN account recommended.
- Optimization: Experiment with settings for optimal performance as the default settings may not be ideal. This EA is not plug-and-play and requires optimization.
By following these guidelines, you can maximize the effectiveness of Night Profit EA 2 and enhance your trading results.
