Babylon Trader Small Account Pro MT5 EA
Babylon Trader Small Account Pro MT5 (Official version) | Unbounded Original price was: $999.00.Current price is: $599.00.
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Universal MA EA
Universal MA EA MT5 (Official version) | Unbounded Original price was: $999.00.Current price is: $599.00.

Black Night mt5 (Official version) | Unbounded

Black Night MT5 is a multi-pair night scalping EA for MetaTrader 5 that trades low-volatility sessions with strict risk control for stable growth and consists!

Original price was: $999.00.Current price is: $599.00.

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  • Unlimited Activations

You can use product with unlimited account

 

  • Instant delivery

Download link will be sent instantly after purchase

 

  • Easy to install

Pre-activated, ready to use immediately

 

  • Free Update
  • Free Install Support

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Description

Product Overview

Black Night MT5 is an automated Forex Night Scalping Expert Advisor for MetaTrader 5, designed with a strong focus on controlled trading activity and long-term risk management. Rather than aggressively increasing trade frequency during the rollover period, the EA is designed to reduce exposure when spreads widen and market liquidity becomes thinner.

Black Night MT5 starts its trading window before the traditional night-scalping period, allowing the EA to potentially capture suitable opportunities before the rollover and before spreads become excessively wide.

The EA uses a simple trading structure: only one order is opened per currency pair, and every trade uses a hard Stop Loss. It does not use Martingale or Grid strategies, helping avoid aggressive loss-recovery techniques.

Another important feature is its correlation-aware trading logic. When a trade is already open, Black Night MT5 avoids opening trades in correlating currency pairs, which is designed to help limit excessive exposure to similar market movements.

Black Night MT5 works automatically with its default settings and does not require set files. Traders can also adjust the strategy parameters according to their preferred risk and trading conditions.

About the Developer

  • Author:  Heiko Kendziorra.
  • Experience: Over +12 years of experience on MQL5.
  • Notable Products: Black Night mt5, Limit Scalper EA MT4, Black Night mt4, Scalpelo EA MT5, Limit Scalper EA MT5 and other advisors.
  • Flagship Product: Black Night mt5 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

>>Reviewed by Jason Stap <<

Main Features of Black Night mt5

  • Night Scalping EA for MT5: Designed for automated Forex trading during the night session.
  • Safety-Focused Trading: Designed to limit unnecessary exposure during difficult rollover conditions.
  • Early Trading Start: Begins trading before the traditional night-scalping period.
  • Rollover-Aware Logic: Reduces trading activity around periods of wider spreads and lower liquidity.
  • One Trade per Currency Pair: Opens only one order at a time on each currency pair.
  • Hard Stop Loss: Every trade is protected with a predefined Stop Loss.
  • Correlation Control: Avoids opening trades in correlating currency pairs when another related position is already active.
  • No Martingale: Does not use progressive lot multiplication to recover losses.
  • No Grid: Does not use grid-based position accumulation.
  • Fully Automated: Can operate using the default settings without requiring set files.
  • Adjustable Strategy: Traders can modify the available parameters.
  • Automatic Money Management: Supports percentage-based risk management.
  • Fixed Lot Option: Allows traders to specify a fixed lot size when automatic money management is disabled.
  • Spread Protection: Pending orders can be deleted when the spread exceeds the configured maximum.
  • Holiday Liquidity Filter: Includes an option to deactivate trading during periods of reduced liquidity around the second half of December.
  • Multiple Currency Pairs: Designed for use across several major and cross-currency pairs.

Recommended Currency Pairs

Black Night MT5 is recommended for:

  • AUDCHF
  • AUDUSD
  • AUDJPY
  • EURUSD
  • GBPUSD
  • EURGBP
  • EURCHF
  • CHFJPY

The EA requires one chart for each currency pair. It does not use a one-chart mode.

How Does Black Night MT5 Work?

Black Night MT5 is designed around a night-session Forex scalping strategy with additional controls for rollover conditions, spreads, liquidity, and correlated currency exposure.

The EA defines a specific trading window using the HourStart and HourEnd parameters. For example, with a typical GMT+2 broker configuration, the default trading period can begin at approximately 22:00 and end at 01:00.

The strategy is designed to begin trading before the rollover period. This gives the EA an opportunity to identify and potentially capture trading opportunities before the market reaches the period where spreads commonly become wider and liquidity can become lower.

When trading conditions are detected, Black Night MT5 can place its pending orders according to the configured price deviation and trading parameters. If the spread rises above the MaxSpread setting, pending orders can be deleted to reduce exposure to unfavorable execution conditions.

The EA also monitors existing positions across the recommended currency pairs. If a trade is already open in one currency pair, its correlation control can prevent additional trades in related pairs. This is intended to avoid unnecessarily concentrating exposure in currencies that may move together.

Every opened position uses a hard Stop Loss, while Take Profit parameters determine the conditions for closing profitable trades.

Why Choose Black Night MT5?

Black Night MT5 may be suitable for traders looking for an automated night Forex scalping EA that emphasizes controlled exposure rather than aggressive position accumulation.

A key characteristic is its focus on the rollover period. Instead of treating the entire night session as equally suitable for trading, the EA is designed to account for the changes in spread and liquidity that can occur around broker rollover.

The EA’s one-order structure also makes its trading approach relatively straightforward. It does not continuously build large baskets of positions and does not rely on Martingale or Grid strategies.

Another useful feature is its cross-pair correlation control. Since the recommended pairs include currencies that may have related movements, preventing multiple correlated positions can help reduce simultaneous exposure to similar market factors.

Black Night MT5 also does not require complicated set-file installation. According to the developer, the EA can operate with its default settings across the recommended currency pairs while still allowing traders to customize the strategy.

Black Night mt5 Backtest Results

🔺GBPUSD pair – 6 years

  • Initial Deposit: $1,000
  • Total Net Profit: $108,686.24
  • Win Rate (% of total): 94.50%
  • Maximum Drawdown: 7.13%
Black Night mt5 Backtests

Black Night mt5 Backtests

🔺GBPJPY pair – 6 years

  • Initial Deposit: $1,000
  • Total Net Profit: $33,927.75
  • Win Rate (% of total): 90.91%
  • Maximum Drawdown: 12.21%
Black Night mt5 Backtest

Black Night mt5 Backtest

🔺AUDUSD pair – 6 years

  • Initial Deposit: $1,000
  • Total Net Profit: $70,478.91
  • Win Rate (% of total): 92.83%
  • Maximum Drawdown: 11.57%
Black Night mt5 Backtest Results

Black Night mt5 Backtest Results

Performance and Risk Management

Black Night MT5 includes several parameters designed to manage position sizing, Stop Loss, spread conditions, and trading periods.

Money Management

The Auto_Moneymanage function can be enabled for automatic position sizing. The MaximumRisk parameter determines the percentage of account free margin allocated as risk for a trade.

When automatic money management is disabled, the EA uses the manually specified Lots value.

The MiniLots option can allow automatic money management to operate in 0.01-lot increments.

Stop Loss and Take Profit

The EA includes separate parameters for buy-side trade management, including:

  • StopLossB: Stop Loss distance for Buy positions.
  • TakeProfitB1: Minimum Take Profit condition for Buy positions.
  • DistB: Deviation in points from the calculated level where a Buy Limit order can be placed.

These settings can be adjusted according to the selected currency pair, broker conditions, and trading objectives.

Spread Protection

MaxSpread is an important execution-control parameter. When the current spread exceeds the configured maximum, pending orders can be deleted.

This feature is particularly relevant around rollover because spreads can temporarily expand during periods of reduced liquidity.

Trading Period Control

The EA uses:

  • HourStart: Defines when the trading period begins.
  • HourEnd: Defines when the trading period ends.
  • LastTradeDayDec: Can deactivate trading after a selected day during the second half of December when liquidity may be lower.

The developer’s example uses HourStart = 22 and HourEnd = 1, based on a broker timezone where rollover occurs around 00:00.

Weaknesses and Risk Warnings

Although Black Night MT5 is designed with several risk controls, no Forex Expert Advisor can guarantee profits or stable returns in every market condition.

Night trading can be affected by changing spreads, reduced liquidity, execution delays, slippage, and broker-specific rollover conditions. These factors may vary considerably between brokers and account types.

The EA’s performance can also depend on the broker’s server timezone. The HourStart and HourEnd settings must be configured correctly for the broker’s trading server time. Incorrect timezone settings may cause the EA to trade outside the intended session.

Black Night MT5 requires one chart for each currency pair. It does not provide a one-chart mode, so traders using multiple recommended pairs need to attach the EA separately to each chart.

Correlation protection can reduce simultaneous exposure, but it cannot eliminate market-wide risk. Several currency pairs can still react to the same economic event or broader market movement.

The MaxSpread setting is also important. If configured too high, the EA may allow trading under unfavorable spread conditions. If configured too low, pending orders may frequently be removed and trading opportunities may be reduced.

Backtest results may not accurately reproduce live performance because real trading involves variable spreads, commissions, slippage, liquidity, and execution conditions.

Traders should thoroughly test Black Night MT5 on a demo or small account and select conservative risk parameters before considering live deployment.

Pros and Cons

Pros

  • Designed specifically for night Forex trading
  • Compatible with MetaTrader 5
  • Focuses on controlled rollover-period trading
  • Can start trading before the traditional night-scalping period
  • One order at a time per currency pair
  • Hard Stop Loss on trades
  • No Martingale strategy
  • No Grid strategy
  • Includes correlation-aware trading logic
  • Spread protection through MaxSpread
  • Automatic money management available
  • Fixed-lot trading option
  • Works without set files
  • Strategy parameters can be adjusted
  • Supports multiple Forex currency pairs
  • Includes a holiday liquidity filter
  • Suitable for automated VPS-based trading

Cons

  • Requires a separate MT5 chart for each currency pair
  • No one-chart mode
  • Performance can depend heavily on broker spreads
  • Rollover conditions vary between brokers
  • Incorrect server-time settings can affect the trading session
  • Night trading may experience reduced liquidity and increased slippage
  • MaxSpread settings require careful configuration
  • Correlation protection cannot eliminate overall market risk
  • Results can vary between currency pairs
  • Backtest results may differ from live trading performance

How to Install Black Night MT5

Installing Black Night MT5 on MetaTrader 5 is straightforward.

Step 1: Install the EA

Open MetaTrader 5 and select:

File → Open Data Folder → MQL5 → Experts

Copy the Black Night MT5 EA files into the Experts folder.

Step 2: Restart MetaTrader 5

Restart MT5 or refresh the Expert Advisors section in the Navigator window. Black Night MT5 should then appear in your available Expert Advisors.

Step 3: Open the Recommended Currency Pair

Open an MT5 chart for one of the recommended pairs, such as:

AUDCHF, AUDUSD, AUDJPY, EURUSD, GBPUSD, EURGBP, EURCHF, or CHFJPY.

Black Night MT5 requires one chart for each currency pair, so attach the EA separately to every pair you want to trade.

Step 4: Attach the EA

Drag Black Night MT5 from the Navigator window onto the selected chart.

Make sure Algo Trading is enabled in MetaTrader 5.

Step 5: Check the Trading Time

Review the HourStart and HourEnd parameters and make sure they correspond to your broker’s server timezone.

The developer’s example uses:

  • HourStart: 22
  • HourEnd: 1

The appropriate values may differ depending on the broker’s server time and daylight-saving configuration.

Step 6: Configure Risk Management

Review the following settings before activating live trading:

  • Auto_Moneymanage
  • MiniLots
  • MaximumRisk
  • Lots
  • StopLossB
  • TakeProfitB1
  • DistB
  • MaxSpread
  • LastTradeDayDec
  • Magic

Choose a position size and risk level appropriate for your account.

Step 7: Test Before Live Trading

Black Night MT5 does not require set files according to the developer, allowing it to operate with its default configuration.

Nevertheless, traders should backtest and forward-test the EA before using real funds. Testing on a demo account can help evaluate broker-specific spreads, rollover behavior, execution quality, and the suitability of the selected risk settings.

For continuous automated trading, a VPS is recommended to keep MetaTrader 5 running reliably.

Real User Reviews and Feedback

🔺Black Night mt5 is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

  •  Xingming Chen (2022.01.17): “Like night scalper, just bought the EA, looking forward to the performance of live trading.”

What’s Included in the Download Package?

  • Setting (If Any).docx
  • Installation Guide.docx

>>> Join VIP Membership Now <<<

Final Thoughts

In summary, Black Night MT5 is an automated Forex Night Scalping EA for MetaTrader 5 designed around controlled exposure, rollover-aware trading, and straightforward risk management. Its one-order-per-pair structure, hard Stop Loss, spread protection, correlation control, and the absence of Martingale and Grid strategies make its trading framework relatively simple to monitor and configure.

The published backtests across GBPUSD, GBPJPY, and AUDUSD provide historical performance data for specific test configurations, but they should not be interpreted as a guarantee of future live results. Actual performance can vary depending on broker spreads, server time, rollover conditions, liquidity, slippage, execution quality, currency pair, and risk settings.

For traders considering an automated night Forex trading EA, Black Night MT5 can be evaluated through backtesting and forward testing on a demo or small account. Correct broker-time configuration and conservative risk management are particularly important when deploying the EA in live market conditions.

FAQs

FAQs

1. What is Black Night MT5?

Black Night MT5 is a multi-pair automated night scalping Expert Advisor designed for MetaTrader 5. It focuses on low-risk trading during low-liquidity sessions, prioritizing capital protection, stability, and long-term consistent growth.

2. How does Black Night MT5 work?

The EA trades during specific time windows around rollover hours when market volatility is lower. It uses pending orders such as Buy Limit and Sell Limit, combined with spread filtering and correlation control, to execute single-position trades per currency pair.

3. Which currency pairs does Black Night MT5 trade?

Black Night MT5 supports multiple currency pairs, including EURUSD, GBPUSD, AUDUSD, CHFJPY, and other major and cross pairs. It is designed to diversify risk across multiple instruments.

4. Is Black Night MT5 suitable for beginners?

Yes, Black Night MT5 is fully automated and user-friendly. Once properly configured, it can run without manual intervention, making it accessible for beginners as well as experienced traders.

5. Does Black Night MT5 use Martingale or Grid strategies?

No, Black Night MT5 does not use Martingale or grid trading systems. It follows a conservative trading approach with single-position logic and strict risk controls to avoid high-risk exposure.

6. How does Black Night MT5 manage risk?

The EA includes multiple risk management mechanisms such as hard stop losses on every trade, spread filtering, correlation-aware trading, automatic lot sizing based on account balance, and time-based trade restrictions.

7. What is the trading strategy used in Black Night MT5?

Black Night MT5 uses a night scalping strategy that targets low-volatility periods. It relies on pending orders, predefined price levels, and controlled execution during stable market conditions to capture small but consistent profits.

8. Why does Black Night MT5 trade during night sessions?

The EA trades during rollover and low-liquidity periods because spreads can be more predictable and price movements tend to be more stable, reducing noise and improving the effectiveness of scalping strategies.

9. What performance results does Black Night MT5 show?

Backtest results over multiple years show strong performance across several pairs. For example, GBPUSD achieved over $108,000 net profit with a win rate of 94.50% and a maximum drawdown of 7.13% in a 6-year backtest.

Specification

Technical Details

Trading platform

MetaTrader 5 (MT5)

Time frames

Any

Currency pairs

AUDCHF, AUDUSD, AUDJPY, EURUSD, GBPUSD, EURGBP, EURCHF, CHFJPY

Product type

Official version

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