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Night Vision EA is an MT4 expert advisor that trades with the trend using candle patterns, a custom indicator and calculated trade levels. It does not use martingale and includes time, spread, gap and drawdown controls.
Get one message the moment it launches, with its price.
Night Vision EA is a fully automated expert advisor for MetaTrader 4. It looks for entries in the direction of the prevailing trend, using particular candle formations, a custom indicator and a set of calculated price levels, and it manages each trade with fixed or percentage-based exits.
The EA scans the chart on the timeframe you select and waits for a trend signal to form. When its candle and indicator conditions line up, it checks the important trade levels and opens a buy or sell order if the filters allow it. The author describes the approach as trend following without martingale, so losing trades are not followed by larger positions.
Each order can carry a stop loss and a take profit, set either in pips or as a percentage. An optional trailing stop can start once a trade is a chosen number of pips in profit and then follow price by a percentage of that profit.
The default settings are intended for EURUSD on the M1 or M5 chart, with broker server time at GMT+2 or GMT+3 depending on the season. Other symbols may be possible, but they need their own testing and likely their own inputs. Because the EA works on short timeframes, spread and execution quality matter, so a broker with tight spreads is a sensible thing to check before going live.
The exact default values can differ, so open the input tab after attaching the EA and review each one. The main groups are listed below.
| Group | What it controls |
|---|---|
| Time settings | Trade start and trade end hours |
| Lot settings | Minimum lot, auto lot on or off, auto lot size by balance |
| Trailing settings | Use trailing stop, trailing start in pips, trailing stop as a percentage |
| Entry settings | Buy and sell permissions, trade timeframe, next-trade timeframe, entry in pips or percent, entry value, maximum spread, Monday and Friday trading |
| Gap protection | Maximum gap value allowed for opening orders |
| Exit settings | Stop loss and take profit, each in pips or percent |
| Drawdown close | Enable or disable, and the drawdown percentage |
Trading carries risk, and you can lose some or all of your capital. Past results, including backtests, do not predict future ones. Stop loss, trailing and drawdown options reduce exposure but cannot remove it, and gaps or wide spreads can cause losses larger than planned. Use lot sizes you can afford.
For continuous operation, run the terminal on a VPS or a computer that stays online, and check that your broker permits automated trading on the account type you use.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor, .ex4) |
| Strategy focus | Signals, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Strategy | Trend following with signal-based entries |
| Default market | EURUSD (author's default settings) |
| Default timeframes | M1 and M5 |
| Position sizing | Fixed minimum lot or auto lot by balance; no martingale |
| Requirements | MT4 terminal, algo trading enabled, stable connection or VPS |
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No. This is an MT4 expert advisor and it will only run in MetaTrader 4. It cannot be loaded in MetaTrader 5.
The default settings are intended for EURUSD on the M1 or M5 chart. You can try other symbols, but you should test them first in the Strategy Tester and on a demo account, because the defaults were not designed for them.
Yes. The trading hours inputs work on server time, and the default hours were set with a GMT+2 or GMT+3 server in mind, depending on daylight saving. Check your broker's server offset and adjust Trade Start and Trade End if it differs.
The description of the strategy states that it does not use martingale. Lot size is either a fixed minimum lot or calculated from the account balance if you switch auto lot on.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Drag the EA onto a chart and make sure algo trading is switched on.
Yes. In the Strategy Tester, choose the EA, select EURUSD and M1 or M5, and use a realistic spread. Open prices only is faster for a first run. Test results do not predict live performance.
Night Vision EA
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