NightVision EA MT5 (Official version) | Unbounded

Product Overview

NightVision EA MT5 is an automated Expert Advisor designed for night scalping during the closing period of the American trading session.

The EA uses proprietary trading developments designed to identify short-term opportunities during specific market conditions. According to the developer, the strategy has been tested on real trading accounts and is designed with a relatively simple configuration and straightforward installation process.

NightVision EA MT5 supports a wide range of Forex currency pairs, allowing traders to build a diversified multi-pair setup from the supported instruments.

The system does not use Martingale, Grid, or Arbitrage trading methods, according to the developer. Every trade is configured with a Stop Loss and Take Profit.

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About the Developer

• Author: Alexander Kalinkin
• Experience: Over +7 years of experience on MQL5.
• Notable Products: NightVision MT5, NightVision EA and other advisors.
• Flagship Product: NightVision 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 NightVision EA MT5

Night Scalping Strategy

NightVision EA MT5 is designed specifically for trading opportunities that occur around the closing of the American trading session.

This period can provide different market characteristics compared with major London and New York session overlaps, allowing the EA to focus on its predefined night-scalping logic.

No Martingale or Grid

According to the developer, NightVision does not use several high-exposure trading techniques commonly associated with aggressive recovery systems.

The EA does not use:

• Martingale
• Grid trading
• Arbitrage

This design is intended to avoid strategies that can rapidly increase position exposure during adverse market movements.

However, the absence of these techniques does not mean that the EA is risk-free.

Stop Loss and Take Profit

Every trade opened by NightVision EA MT5 is configured with both:

• Stop Loss
• Take Profit

These predefined levels are intended to establish trade-level exit conditions and help control the potential loss or profit target of individual positions.

Actual results can still vary because of spread, slippage, execution quality, market gaps, and broker conditions.

Multi-Pair Trading

NightVision EA MT5 supports multiple Forex instruments, giving traders the ability to select which supported currency pairs they want the EA to trade.

Supported pairs include:

• GBPUSD
• GBPCAD
• USDCAD
• GBPAUD
• EURAUD
• EURCAD
• EURGBP
• GBPCHF
• EURUSD
• USDCHF
• NZDUSD
• EURNZD
• USDJPY
• EURCHF
• AUDJPY
• AUDNZD

Traders can choose individual pairs from the supported list according to their preferred portfolio configuration.

How Does NightVision EA MT5 Work?

NightVision EA MT5 is designed around a night scalping approach focused on the closing phase of the American trading session.

The EA automatically monitors the selected currency pairs and evaluates the market according to its internal trading logic.

When the required conditions are met, the EA can open a position and manage it automatically using predefined Stop Loss and Take Profit levels.

The system can operate across multiple currency pairs, while its position-management parameters allow traders to control the total number of open trades and exposure to individual currencies or currency pairs.

Because the strategy operates during a specific trading period, correct broker time and GMT Offset configuration are important.

If the broker observes daylight-saving-time changes, the DaylightSavingTime setting should also be configured correctly.

Why Choose NightVision EA MT5?

NightVision EA MT5 may be suitable for traders looking for an automated multi-pair Forex scalping system with a relatively simple configuration.

Key characteristics include:

• Automated night scalping
• Focus on the closing period of the American session
• Multiple supported Forex pairs
• No Martingale
• No Grid
• No Arbitrage
• Stop Loss on every trade
• Take Profit on every trade
• Fixed-lot trading option
• Percentage-based risk option
• Deposit-based lot sizing
• Maximum total order control
• Currency exposure control
• Currency-pair exposure control
• GMT Offset configuration
• Daylight Saving Time support
• Friday trading control
• Simple installation and configuration

NightVision MT5 Performance Review

🟢 Live Results

• Initial Deposit:  $100 (257 weeks)
• Growth Rate: +333.67%
• Win Rate: 69.3%
• Maximum Drawdown: 48.4%

NightVision EA MT5 live Results

Performance and Risk Management

NightVision EA MT5 provides several parameters for controlling position size and overall exposure.

Position Sizing

Traders can choose between different position-sizing approaches.

Fix Lot

Allows a predefined fixed lot size to be used when both Risk % and lot-per-deposit settings are disabled.

Risk %

Allows traders to define the percentage of account capital allocated to risk on an individual trade.

0.01 Lot per Deposit

Defines the amount of account deposit associated with each 0.01 lot of trading volume.

These options provide flexibility for traders using different account sizes and risk preferences.

Exposure Controls

NightVision EA MT5 also includes several limits designed to control the number of simultaneous positions.

Max Total Orders

Sets the maximum number of open orders for NightVision EA at the same time.

A value of 0 means there is no limit.

MaxAmountCurrency

Sets the maximum allowed amount of exposure to the same currency in one direction.

A value of 0 means there is no limit.

MaxAmountCurrencyPair

Sets the maximum number of positions for the same currency pair in the same direction.

A value of 0 means there is no limit.

These controls can be particularly relevant when running NightVision across multiple currency pairs because several pairs can contain the same underlying currency.

Recommended Trading Environment

For the intended night-scalping approach, the developer recommends using an ECN account with low spreads and low commissions.

This is particularly important for scalping systems because transaction costs can have a significant impact on short-term trading results.

A suitable environment should therefore consider:

• Low spread
• Competitive commission
• Stable execution
• Reliable order processing
• Correct broker time configuration

A VPS can also be useful when running the EA continuously, especially when trading multiple currency pairs.

Important Settings

NightVision EA MT5 includes a relatively concise set of configuration parameters.

Parameter	Description
Supported TradingPairs	Displays the supported currency pairs
TradingPairs	Selects the pairs the EA should trade
Fix Lot	Fixed trading volume
Risk %	Percentage-based risk per trade
0.01 Lot per Deposit	Deposit amount assigned to each 0.01 lot
Max Total Orders	Maximum number of simultaneous NightVision orders
MaxAmountCurrency	Maximum exposure to the same currency in one direction
MaxAmountCurrencyPair	Maximum positions for the same currency pair and direction
GMT Offset	Broker server time offset
DaylightSavingTime	Enables DST adjustment when required
Trade Friday	Controls whether Friday trades are allowed
Comment	Adds a comment to the order/trade

The correct GMT Offset and DaylightSavingTime configuration is important because the EA is designed around a specific trading period.

Weaknesses and Risk Warnings

Although NightVision EA MT5 does not use Martingale, Grid, or Arbitrage according to the developer, this does not eliminate trading risk.

Night scalping has its own challenges, including:

• Low-liquidity periods
• Wider spreads
• Slippage
• Execution delays
• Sudden market movements
• Broker-specific trading conditions
• Commission costs
• Correlation between multiple currency pairs

Trading many pairs simultaneously can also create indirect concentration risk. For example, several selected pairs may contain the same base or quote currency, resulting in greater combined exposure than the number of individual positions might suggest.

The MaxAmountCurrency and MaxAmountCurrencyPair controls can therefore be important when configuring a multi-pair portfolio.

Using a higher Risk % or larger fixed lot can increase potential losses. Traders should select position sizes according to their account capital and risk tolerance.

No Stop Loss system can guarantee that the exact intended exit price will always be achieved during fast markets or abnormal execution conditions.

Pros and Cons

Pros

• Automated night scalping strategy
• Designed for the closing period of the American session
• Supports multiple Forex pairs
• No Martingale according to the developer
• No Grid according to the developer
• No Arbitrage according to the developer
• Stop Loss and Take Profit on every trade
• Multiple position-sizing methods
• Risk percentage control
• Fixed lot option
• Deposit-based lot sizing
• Maximum total order control
• Currency exposure limits
• Currency-pair exposure limits
• GMT and DST configuration
• Simple setup

Cons

• Primarily designed for a specific trading period
• Scalping performance can be sensitive to spread and commission
• Execution quality can materially affect short-term trades
• Multiple currency pairs can create correlated exposure
• Incorrect GMT or DST settings can affect trading times
• Higher risk settings can increase drawdown
• Live results may differ from historical or developer testing
• No trading system guarantees future profits

How to Install NightVision EA MT5

Installation follows the standard MT5 Expert Advisor process.

• Open MetaTrader 5
• Go to File → Open Data Folder
• Open the MQL5 → Experts directory
• Copy the NightVision EA MT5 file into the folder
• Restart MetaTrader 5 or refresh the Navigator panel
• Locate NightVision EA MT5 under Expert Advisors
• Open the desired Forex chart
• Attach the EA to the chart
• Enable Algo Trading
• Select the currency pairs you want to trade
• Configure the appropriate position-sizing method
• Set GMT Offset correctly
• Enable DaylightSavingTime if required by your broker
• Configure maximum order and currency exposure limits
• Review the risk settings before activating live trading

It is recommended to test the EA on a demo account before using real capital.

Real User Reviews and Feedback

🔺 NightVision MT5 is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

User Reviews

What’s Included in the Download Package?

🔺 Experts:

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

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Final Thoughts

In summary, NightVision EA MT5 is an automated Forex Expert Advisor focused on night scalping around the closing period of the American trading session.

It supports a broad selection of currency pairs and provides flexible position-sizing and exposure controls. According to the developer, the system avoids Martingale, Grid, and Arbitrage techniques, while every trade includes a Stop Loss and Take Profit.

Its multi-pair capability makes configuration flexibility important. Traders should pay particular attention to Risk %, Max Total Orders, MaxAmountCurrency, and MaxAmountCurrencyPair to prevent excessive combined exposure.

Because NightVision operates as a scalping system, spread, commission, slippage, and execution quality are especially important. An ECN account with competitive trading costs is recommended.

As with any automated trading strategy, NightVision EA MT5 carries financial risk. Past testing or real-account performance does not guarantee future results, so traders should begin with conservative settings and properly evaluate the EA under their own broker conditions before deploying significant capital.