Night CHF expert analyzes the market during quiet periods on the Swiss franc. Automatically determines entry levels based on price fluctuations using market inefficiencies.
Features of the
- The unique algorithm of the advisor allows you to eliminate the negative effect of a high spread.
- The trade direction is determined by the intelligent adaptive algorithm of the Night CHF Expert Advisor.
- To minimize slippage and reduce risk, the EA places orders with static take profit and stop loss.
- It is possible to add to an already open position in case of large deviations, which increases the likelihood of profit.
- Thanks to the unique intelligent method of finding the entry point, the EA allows you to minimize the drawdown and trade with a minimum deposit of $ 50.
- For ease of use, the EA has a minimum number of input parameters.
- Minimally loads the terminal and the processor of your computer both during operation and during testing.
- The advisor carries out work and analysis of the market in the period from 20:00 to 00:00 GMT
The currency pairs are recommended for trading EURCHF, USDCHF, GBPCHF, CHFJPY, CADCHF.
The default settings are matched for the EURCHF M5 pair
Settings
– – – – – – – Buy trade – – – – – – – allow opening BUY orders
Buy TP / pips – take profit size
Buy SL / pips – stop loss size
Buy start hour – BUY trading start hour
Buy trading period in minutes – trading period in minutes
– – – – – – – Sell trade – – – – – – – allow opening orders in SELL
Sell TP / pips – take profit size
Sell SL / pips – stop loss size
Sell start hour – hour of the start of trading in SELL
Sell trading period in minutes – trading period in minutes
– – – – – – – Trade settings – – – – – – –
Adding to position – allow adding to an open position
Step adding to position / pips – the step of adding
Hedging – allow opening BUY and SELL orders at the same time
Max spread / pips – the maximum allowable spread for trading
Max slippage / pips – maximum allowable slippage when opening an order
Winter GMT offset (only for the strategy tester MT4) – broker’s winter time offset in hours relative to GMT, used only when testing an Expert Advisor in the strategy tester.
Fixed lot (0.0 – Deposit risk%) – fixed lot, if equal to zero, then the calculation of the lot as a percentage of the deposit is used
Deposit risk% – a specified percentage of the deposit, used to calculate the lot if the fixed lot is zero.
Magic – unique magic number of the advisor’s orders
Order comment – comment to the advisor’s orders
Attention!!! When testing an Expert Advisor, you must correctly specify the offset of your broker’s time relative to Greenwich Mean Time – Winter GMT offset (by default, 2 hours).
You can determine the Winter GMT offset for your broker using the script at this link
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