Night Forex Bot is a 100% automated Forex robot that works on MT4 and MT5 platforms. The EA is based on a preference for night trading, with the aim of trading when the Market is calmer. If the system manages to quickly close an order in profit, then overnight there could be several signals for opening orders. If it happens that the EA does not manage to close orders in profit at night, the additional algorithm is being activated, helping to speed up the closing of orders in profit.
One of the tools (but not the only one) used for trading analysis is the Stochastic indicator. The system has 4 sessions, but in most cases only one session trades in the Market at a time, the one that is most suitable for the Market situation at that moment.
Our robot is configured for trading on USDCAD, AUDUSD and USDJPY currency pairs. The maximum expected drawdown is calculated for each of these pairs, so if an unexpected situation occurs and that drawdown is exceeded, the loss limitation mechanism gets triggered, which will not allow you to lose more account balance than you specify in the robot settings.
By purchasing our robot, you will receive everything you need for stable and reliable trading:
| Night Forex Bot EA Rating | 7.34 |
| Yield per annum | 14% |
| Max drawdown per annum | 62% |
| Developer | Forexstore |
| Created, year | 2023 |
| Free | |
| Price | $295 |
| Class | short term |
| Type | grid |
| Lot size | not less than 1000 units per 0.1 of a standard lot |
| Deposit | $300 |
| Leverage | 200 |
| Timeframes | M5, M15 |
| Strategies | own strategy |
| Indicators | own indicators |
| Recommended brokers | FXCM, NordFX, MultiBank Group |
| Trading tool/currency pairs | USDCAD, AUDUSD, USDJPY |
| Automatic account type | |
| Indicating | |
| Multiple usage | |
| Mini deposits | |
| Max risk limitation | |
| ECN | |
| NDD | |
| Several one-way series | |
| Auto start lot | |
| Fixed stop loss | |
| Fixed takeprofit | |
| Automatic lapse expansions |
Expert Advisors 2024
| # | Forex Advisor | Deposit | Yield |
|---|---|---|---|
| 1 | FXCipher | $300 | 10% |
| 2 | CarinaBot | $100 | 52.32% |
| 3 | Fortnite | $500 | 135% |
| 4 | Tickeron AI robot | $100 | 117% |
| 5 | Learn2Trade | $1000 | 160% |
| 6 | Auto Recovery EA | $100 | 37% |
| 7 | Coinrule | $1000 | 270% |
| 8 | Forex Trendy | $250 | 90% |
| 9 | FX BlasterPRO | $1000 | 180% |
| 10 | Waka Waka | $100 | 74% |
| 11 | Renko EA | $100 | 41% |
| 12 | EliteFxgo | $1000 | 30% |
| 13 | Stairsteps EA | $100 | 29% |
| 14 | 1000pip Climber System | $500 | 77.3% |
| 15 | Happy Breakout EA | $100 | 8.5% |
| # | Broker | For | Reviews | |
|---|---|---|---|---|
| 1 |  |
HFM | 96% | |
| 2 |  |
Octa | 94% | |
| 3 |  |
FXCC | 92% | |
| 4 |  |
FxPro | 89% | |
| 5 |  |
FBS | 88% | |
| 6 |  |
Vantage | 85% | |
| 7 |  |
XM | 82% | |
| 8 |  |
FP Markets | 81% | |
| 9 |  |
AMarkets | 79% | |
| 10 |  |
Errante | 77% | |
| 11 |  |
IronFX | 77% | |
| 12 |  |
T4Trade | 76% | |
| 13 |  |
RoboForex | 76% | |
| 14 |  |
Exness | 76% | |
| 15 |  |
Just2Trade | 76% |
An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why.
The concept of automated trading has been around for decades, but the accessibility and sophistication of Forex EAs have seen significant advancements in the past few years. Initially, automated trading systems were rudimentary, focusing on simple indicators like moving averages.
By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.
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