
NightAnchor is an MT5 expert advisor that places buy and sell limit orders on up to twenty forex pairs near the New York close, aiming for small mean-reversion moves. It needs a hedging account and runs from one chart.
Get one message the moment it launches, with its price.
NightAnchor is an expert advisor for MetaTrader 5 that targets one narrow pattern: the thin, drifting price action that often shows up on forex pairs in the hours around the New York close, followed by a pull back toward the earlier level. It works a basket of up to twenty pairs from a single chart.
Roughly an hour before the New York close, the EA places two pending limit orders for each enabled pair: a buy limit under the market and a sell limit above it. If the quiet session pushes price far enough in one direction, that order fills and the EA aims for a small take-profit, in the region of a few pips. The other order is cancelled when the night window ends.
All timing is based on server time, which the EA measures itself, including daylight-saving shifts. Because of this, the chart timeframe and symbol do not affect the logic.
Before a pending order can fill, the EA checks the market regime again. If conditions look unfavourable, such as a strong trend extension or a sudden jump in volatility, the order is cancelled rather than left to trigger. This means the system trades somewhat less often, with the aim of avoiding reversion trades against a running move.
Positions that do not reach the quick target are handled by a time-based ladder that gradually lowers the target. A trade that is still losing at the last step is held until it recovers to a small loss or hits its stop. Some trades can therefore stay open for several hours or into the next day.
The exact input names and defaults depend on the build you download, so read the inputs tab after attaching the EA. Areas to review:
| Area | What to check |
|---|---|
| Pair list | Which pairs are enabled and whether your broker offers all of them |
| Lot size | The effective lot and approximate risk percentage on the dashboard |
| Stop loss | Per-pair stops are wide by design; the EA warns if a stop is too tight for rollover spreads |
| Spread limit | Maximum spread allowed per pair at order time |
| Equity stop | Drawdown level that halts new orders; it does not close open positions |
| Dashboard | Compact or vertical layout, or off |
The panel shows the countdown to the trading window, account mode, GMT offset, each pair's spread against its limit, tonight's orders and fills, weekly statistics and the reason whenever the EA is idle, for example a weekend or an excessive spread.
Trading carries risk, and past results, including tester runs and live signals, do not predict future ones. Small targets paired with wide stops mean one losing trade can outweigh several winners. Test on a demo account first and size positions to what you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Signals, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Markets | Forex major and cross pairs, up to 20 in one basket |
| Timeframes | Not chart-dependent; the EA reads its own data and runs on server time |
| Trade style | Night-session mean reversion with pending limit orders |
| Account type | Hedging account required; netting accounts are refused |
| Risk controls | Per-pair stop loss, equity stop for new orders, spread limits |
| Interface | On-chart status dashboard that can be switched off |
No reviews yet. Customers who own NightAnchor can review it here.
No. The EA holds a buy limit and a sell limit around each pair, which needs a hedging account. It refuses to start on a netting account. Check your account mode with your broker before buying.
It is built for MetaTrader 5 only. It will not load in MetaTrader 4.
One chart is enough, because the EA manages the whole basket from there. It does not depend on the chart symbol or timeframe, so any liquid pair on any timeframe will do. Make sure all the pairs you want to trade are visible in Market Watch.
The EA is designed to resolve broker prefixes and suffixes and to measure the server time offset itself. Confirm on a demo account that every pair is recognised and that spreads in the evening window are acceptable.
Position sizing and thresholds are designed to adapt to the account currency. The minimum sensible deposit depends on your broker, lot sizes and the number of pairs enabled, so test on a demo account and review the lot and risk line on the dashboard.
No. Trading carries risk, and past results, including tester runs and any live signal, do not predict future ones. Positions that do not hit their target are held until they recover or reach their stop.
NightAnchor
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