Description
**NIGHT OWLV7** is a night-time scalping **Expert Advisor (EA)** designed to trade during the quietest hours of the market.
During these off-peak hours, when the market tends to be range-bound, the EA capitalizes on these predictable price movements.
Each trade is set with an initial stop-loss and take-profit level. Additionally, the EA employs advanced stop-loss management algorithms to assess trade strength and will close trades early if the conditions suggest it’s necessary.
**NIGHT OWLV7** is compatible with all currency pairs that experience stable spreads and calm price movements during the night session. It is also optimized to handle wider spreads efficiently, minimizing any negative impact on performance.
Equipped with spread and slippage filters, the EA helps prevent trade execution during volatile market conditions, ensuring smoother operations.
Users can customize the trading hours to fit their preferences, tailoring the EA to specific timeframes each day.
**NIGHT OWL V7** is already optimized for the following currency pairs: EURUSD, USDCHF, GBPUSD, USDCAD, GBPAUD, GBPCAD, GBPCHF, EURCHF, EURAUD, EURCAD, and AUDCAD!