Night Hunter Pro EA Review
The Night Hunter Pro EA is a top forex scalping robot that trades multiple currency pairs in the MT4/5 platform. It is backed with real verified results and excellent support from a proven developer.
The Night Hunter Pro EA is a fully automated forex expert advisor that trades in the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. This is another trading robot developed by the experienced and talented programmer Valery Trading. The developer Valeriia Mishchenko is known as one of the top-rated forex robot providers on the MQL market. She has been coding auto trading systems for over 10 years, with one of them reaching +6300% account growth with over +62 consecutive months in profit, all of which live track-records are available on verified Myfxbook accounts as well as on the live signals of my MQL market profile.
As the name rightly eludes to, the Night Hunter Pro EA has built-in scalping strategy that looks to constantly pick a few pips from the market whilst maintaining sensible money management. This helps to ensure that it is stable and does not rely on risky martingale or grid trading strategies that can cause unnecessary drawdowns.
It trades during hours of lower volatility so that it has a better chance of picking the tops and bottoms of the market for consistently making profit from reversal trades. The Night Hunter expert advisor has dynamic entry and exit criteria which means that it can adapt to the current market conditions. It uses pending orders at target prices based on a combination of price action and technical analysis. Each trade is protected with a stop loss.
It scalps the following currency pairs on the 5-minute chart timeframes: GBP/USD, EUR/USD, EUR/CHF, USD/CAD, USD/CHF, CHF/JPY, AUD/CAD, EUR/CAD and EUR/AUD. This is a great selection which delivers a diverse portfolio with major currencies that should have plenty of liquidity and trading volume to ensure good prices with reliable execution speeds.
You just need to fire up the Night Hunter Pro EA on your charts in either of the MetaTrader platforms. It will then scan the charts for buy and sell signals using its unique algorithm. When the EA discovers an opportunity, it can place and manage the position on behalf of the user.
As with all forex scalping robots, the Night Hunter Pro EA will work best on a forex broker with tight spreads, low commission fees and rapid trade execution speeds. This is because scalping strategies target just a few pips, so all of these costs can add up and eat into any profits. IC Markets are a top forex broker with excellent conditions for both manual and automated trading systems like this one.
How Does It Work?
- Buy a license for the Night Hunter Pro EA
- Download the MetaTrader files and instructions
- Install the expert advisor on your MT4/MT5 platform
- Place the Night Hunter Pro EA on currency charts for auto trading
- Check the results!
The Night Hunter Pro expert advisor has some unique features that help differentiate it from other trading robots that you can get from the Valery Trading website and MQL marketplace which is accessible from directly within the MetaTrader platforms. In this section we will take a look at some of the key features.
Customised settings
The input settings can be fully customised if you wish to experiment with the EA and run your own optimisations on various financial instruments and chart timeframes. Alternatively, you can use the EA with the default set files that have already been optimised by the developer. There are 3 different trading sets to choose from. This makes the Night Hunter Pro robot suitable for traders of all experience levels.
Money management
You have a choice of different built-in risk settings that you can choose from, ranging from Low to High, depending on your own trading style. Ranging from low to significant risk, you will be able to configure your EA in a way that you always maintain control over your invested capital. Of course, the greater the risk, the bigger the potential reward. However, this could mean larger drawdowns if things don’t go as expected. You should only ever risk what you feel comfortable with as everyone is different in that respect.
Profit calculator
There is a handy profit calculator on the Night Hunter Pro EA website. This can give you a very rough idea of profit potential but you must keep in mind that these results are based on historical data from backtesting, therefore they will not be an accurate indication of what might happen in the future.
Dynamic trading strategy
One of the key things that the Night Hunter Pro EA incorporates is the ability to exploit market inefficiencies. It utilises real market mechanics with smart entry/exit algorithms to try and take only high probability trades. It is optimised for long-term consistency rather than relying on a few lucky trades using a curve fitted trading strategy without any logic.
Constant updates
The financial markets are constantly changing, with the forex market being one of the most active and volatile. It is therefore good to see that Valery Trading are always working on improving their automated trading systems to make sure that they can stay relevant in todays market. What’s more, all updates are free for life for existing users.
Industry leading support
Valery Trading are well-known for providing some of the best trading robots and industry leading 24/7 customer support. There is also an exclusive Telegram Group community, filled with thousands of active expert traders and Night Hunter Pro EA users, sharing ideas and learning from each other.
If you need help getting setup, the personal support goes as far as remote configuration via AnyDesk. There are instructions and easy to follow installation videos provided with Night Hunter Pro EA download, but this can be very helpful for those of you who are not confident about getting things setup by yourself.
Free bonuses
You will be pleased to hear that the Night Hunter Pro robot comes with some free bonuses. This includes a handy volatility filter indicator and 6 months of the Valery Trading VPS. This can save quite a bit of money given the monthly cost of a forex VPS.
Pass FTMO challenges
You can use the Night Hunter Pro expert advisor to pass the FTMO challenge or other prop firm challenges. Just make sure that you check the trading challenge conditions and see if you need to adjust some of the EA settings to ensure that you stay within the trading rules and can achieve the profit objectives within the allocated timeframe. You will also need to confirm that the prop firm does allow automated trading with expert advisors and scalping strategies, although the majority do, including FTMO.
Broker and platforms
The Night Hunter Pro robot is not dependant on using a certain broker like some other trading robots are. You can use any trading broker provided they have the MetaTrader platforms. That being said, the lower the broker spreads, fees and slippage, the better for automated scalping robots like this one. Using a broker with ECN execution can also help ensure you get trades placed at the most favourable prices at all times.
It doesn’t matter whether you choose the MT4 or MT5 platform. Whilst MT4 is still very popular amongst retails traders around the world, MT5 does have better backtesting capabilities if that is something you wish to explore.
As mentioned above, the Night Hunter Pro EA comes with 3 preset files that have already been optimised by the developer. You just need to choose and load your desired set file from the provided downloads and all of the EA inputs will be updated for you. You can see a comprehensive list of the input settings that can be adjusted below.
Setting
- Allow Opening a new Trade – on/off opening new trades
- Lot-sizing Method – select the lot sizing method according to the risk you want to take: Fixed Lots will use fixed lot size from the “Fixed lot” parameter, Dynamic Lotswill use Dynamic Lot parameter, Max Risk per Trade will calculate lots based on % risk per trade, 3 predefined presets will calculate risk automatically for you
- Fixed Lot – fixed trading lot
- Dynamic Lot- balance/equity to be used per 0.01 lot
- Maximum Lot- max allowed trading lot
- Maximum Spread, in pips – max allowed spread for position closing
- Maximum Slippage for a non-ECN acc, in pips – max allowed slippage
- Maximum Symbols at a time – max allowed number of symbols that can be opened at the same time
- Allow to Buy/Sell- on/off Buy/Sell trades
- Maximum Drawdown Percent- if current floating drawdown exceeds the specified % the EA will close open positions
Strategy
- Symbols separated by comma – list of pairs to trade. Suffix needs to be included if your broker uses one!
- Hour to Start/Stop Placing Orders- when to start/stop placing pending orders. Set Smart Time Filter to false if you want to optimize these parameters
- Smart Time Filter- on/off smart time filter
- Hour to Stop Trading (on Friday)- hour to stop trading (on Friday). All open positions will be closed at this hour
- New Year Holiday Filter – on/off Christmas/New Year filter
- StopLoss, in pips – stop loss value in standard 4 digit pips
- Hide StopLoss – on/off SL hiding
- Rollover Time Filter – on/off the rollover filter
- Swap Filter – cancels trading on Wednesday evening in the direction of the negative swap
- Max Negative Swap, in pips – max negative swap
- News Filter Enabled – on/off News Filter
Others
- Trade Comment – comment
- UID (0…9) – unique EA instance number. Usually no need to change it
- ShowPanel – on/off Info-panel
- GMT/DST Test – GMT offsetin winter and DST in Tester. This parameter has no effect on live trading
When choosing a trading robot, one of the most important things to do is to check the latest results and see how it has been performing historically. Whilst this is no guarantee of future performance, it can help to give us a rough idea of the trading system being used.
Night Hunter Pro EA Myfxbook
You can see up to date real account Night Hunter Pro EA results that have been verified by a reputable third-party in Myfxbook. These results currently show that the EA has been performing consistently for a few years and has a good return with low drawdown.
Night Hunter Pro EA Backtesting
There is some top-quality Night Hunter Pro EA backtests that cover 4,653 trades across years of data and multiple currency pairs. Based on these historical backtests, we can see that the EA made a good return with very reasonable drawdowns. It was able to perform well through various market scenarios. You can see backtests of each individual currency pair and all combined into one portfolio which is very helpful.
Importantly, the backtest have been conducted with real tick data and variable spread. This means that they are as accurate as backtest can be. Of course, good results in the past does not guarantee good results moving forward, but it can give as an inclination into the trading strategy used by analysing all of the vital statistics.
Overall, the Night Hunter Pro EA is a top forex scalping robot that uses a dynamic trading algorithm which can adjust to various market conditions. The developer is well-known and respected in the trading industry for producing trading robots that are backed with real verified accounts and excellent support. There is a free Night Hunter Pro EA trial available if you wish to give it a try on a demo account without needing to make any commitment. If you can see the potential and want to purchase a license, you are covered by a 30-day money back guarantee. Valery Trading have other top performing trading robots that you might want to check out including the Waka Waka EA, Perceptrader AI EA, Evening Scalper Pro EA and the Golden Pickaxe EA.
What is the Night Hunter Pro EA price?
TheNight Hunter Pro EA costs $2,000 if you purchase from MQL, or you can save 10% when purchasing through the Valery Trading website.
Where can I download the Night Hunter Pro EA?
You can download the Night Hunter Pro EA from the official website here.
What kind of customer support does Night Hunter Pro EA offer?
Valery Trading provide excellent 24/7 support via email and Telegram. They can even connect remotely to your computer to help you get setup or do the setup for you on a VPS.
What are the best brokers to use with the Night Hunter Pro EA?
You can use any MetaTrader 4 and MetaTrader 5 forex broker to run the Night Hunter Pro EA.
What’s the minimum amount required to trade with the Night Hunter Pro EA?
There is no specified minimum amount required to start using this trading software. You should only use what you feel comfortable with and can afford to lose.
What is the Night Hunter Pro EA refund policy?
If you are unhappy with the software for any reason, there is a 30-day refund policy when bought from the official website, compared to a 7-day policy when purchase via MQL.
Is the Night Hunter Pro EA a scam?
No, Night Hunter Pro EA is not a scam but that does not mean it will produce good results. No matter how good any trading robot is, none can predict the future.
Can I get the Night Hunter Pro EA for free?
You probably could spend countless hours looking for a free version of the Night Hunter Pro EA being shared but it is likely to be out of date, unsupported and potentially dangerous.
What currency pairs does the Night Hunter Pro EA trade?
The Golden Pickaxe EA is a forex trading robot developed to trade GBP/USD, EUR/USD, EUR/CHF, USD/CAD, USD/CHF, CHF/JPY, AUD/CAD, EUR/CAD and EUR/AUD. It runs on the 5-minute chart timeframe.
What are the best Night Hunter Pro EA settings?
The best settings for the Night Hunter Pro EA are those provided by the developer. Nobody will know the robot more than the person who created it. They would have spent countless hours over many years optimising the settings so that you don’t have to.
Can I change the Night Hunter Pro EA settings?
If you have the knowledge and experience, you are free to experiment with your own settings, this includes the lot size, stop loss, take profit, and more. You may wish to test your settings on a demo account to begin with. You could also backtest the robot in the MetaTrader strategy tester with your own combination of settings to get a rough idea of historical performance.
What do I need to run the Night Hunter Pro EA?
You will need either the MetaTrader 4 or MetaTrader 5 desktop platforms and an account with a forex broker. Most forex brokers will let you open an account with a small deposit and download the MetaTrader platforms free of charge.
How much money can I make with the Night Hunter Pro EA?
There are absolutely no guarantees on how good or bad any trading robot will perform. Due to the unpredictable nature of the markets, nobody can predict what will happen in the future. You should make sure that you understand all of the risks involved using any automated trading system such as the Night Hunter Pro EA.
Results are based on historical data. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. There is no guarantee of future performance. You should understand the risks involved with trading. Your capital is at risk.
