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Read detailed review
Read detailed review
Night Forex Bot is a 100% automated Forex robot that works on MT4 and MT5 platforms. The EA is based on a preference for night trading, with the aim of trading when the Market is calmer.
Statistics
Night Forex Bot AUDUSD USDJPY
Statistics updatehas been stopped
Backtests
Night Forex Bot USDCAD Aggressive
Night Forex Bot USDCAD Normal
Night Forex Bot, in addition to proving its effectiveness and reliability on real accounts, was also tested on backtests (testing on historical quote data) over a longer period of time. Backtests also confirm its reliable work. You can check out their results below.
Night Forex Bot AUDUSD Normal
Night Forex Bot USDJPY Aggressive
Night Forex Bot USDJPY Normal
Information about Night Forex Bot
Night Forex Bot is a 100% automated Forex robot that works on MT4 and MT5 platforms. The EA is based on a preference for night trading, with the aim of trading when the Market is calmer. If the system manages to quickly close an order in profit, then overnight there could be several signals for opening orders. If it happens that the EA does not manage to close orders in profit at night, the additional algorithm is being activated, helping to speed up the closing of orders in profit.
One of the tools (but not the only one) used for trading analysis is the Stochastic indicator. The system has 4 sessions, but in most cases only one session trades in the Market at a time, the one that is most suitable for the Market situation at that moment.
Our robot is configured for trading on USDCAD, AUDUSD and USDJPY currency pairs.The maximum expected drawdown is calculated for each of these pairs, so if an unexpected situation occurs and that drawdown is exceeded, the loss limitation mechanism gets triggered, which will not allow you to lose more account balance than you specify in the robot settings.
Steady Income
The robot brings a stable income, without protracted periods of drawdown
Unique Algo
4 sessions that are chosen depending on the Market situation
Trader Protection
Fine-tuning of risks and ensuring their limitation
Purchase includes:
- 1 license for any type and account number
- Possibility to change account number online without limitations
- Robot version for MT4 and MT5 platforms
- Free updates
- Professional support 24/7
- Detailed instructions for setting up
Refund policy
We provide a full money-back guarantee during the first 30 days after purchasing. If our EA doesn’t work properly on your account, and we cannot do anything about it, we will return your money. If a drawdown on your account exceeds 35%, we will also initiate a refund process, on condition that you have used our recommended settings and provided proofs of that.
full review
Night Forex Bot Review
In the fast-paced world of Forex trading, finding an automated solution that can navigate the volatile market with precision is akin to discovering a hidden gem. In this Night Forex Bot EA review, we will discuss the EA which promises to be that rare gem, leveraging its preference for night trading to capitalize on calmer market conditions.
Basic information about Night Forex Bot
- Price$295
- Currency pairUSDCAD, AUDUSD and USDJPY
- Number of real licenses1 license for any type and account number
- SupportProfessional support 24/7
- Refund30-day full money-back guarantee
Conditions for trading:
- Minimal deposit amount$500
- Time frameAny
- TerminalMT4 and MT5
- BrokerAny
Live performance of Night Forex Bot
The Night Forex Bot EA has demonstrated its trading qualities in the Forex market through two live trading accounts on an independent third-party company - Myfxbook. Over a period of 10 months, the system achieved a remarkable profit of +234.47% on the USDCAD pair and +329.67% on the AUDUSD and USDJPY pairs. The trading curve of both accounts shows a strong upward trend with minimal drawdowns, indicating consistent and stable account growth.
A closer look at the trading graph reveals that the Night Forex Bot EA was able to execute trades without significant fixed drawdown or prolonged downward movements. As a result, the live account curves have shown consistent upward trends, with almost straight lines indicating steady growth over time. The Night Forex Bot's ability to deliver a profitable trading experience over an extended period is a testament to its trading strategy and risk management system.
USDCAD Aggressive
USDCAD Normal
AUDUSD Aggressive
AUDUSD Normal
USDJPY Aggressive
USDJPY Normal
One of the factors contributing to the success of any Forex robot is backtesting, which assesses the system's potential trading results on historical quotes. The backtest for the Night Forex Bot EA was conducted on the 1H timeframe using the every tick testing model, which is widely regarded as the most accurate method of backtesting based on all available least timeframes. This approach involves testing the system's performance by simulating trades based on each individual tick, thereby providing a comprehensive assessment of its efficacy.
Every currency pair the robot is able to trade with has been tested separately on both Normal and Aggressive modes which was made to confirm the ability of the system to handle any type of trading. The backtest's modeling quality is 90%, which is more than adequate for the Night Forex Bot EA, given that it does not use a scalping strategy. This level of modeling quality underscores the reliability of the system's performance and its ability to generate profits for traders. The backtest was conducted over a period of 7 years, from 2016 to 2023, using historical quotes, providing enough data for a proper assessment of the system's performance. This extended period of testing enabled the system to adapt to various market conditions, providing a more accurate representation of its potential profitability.
Disclaimer
*The backtests are taken from the developers’ website developers’ website
*The subsequent analysis of the adviser is based on live analytics from the Myfxbook website. We’ll go through the pluses and minuses of the trading system as well as the profit and drawdown analysis.
Profitability and drawdown
Night Forex Bot EA is an automated Forex trading system that trades using the three currency pairs on two of its real live trading account. Live trading on both “NightForexBot USDCAD” and “NightForexBot_AUDUSD_USDJPY” accounts of the robot began on the 2nd of August 2022, with an initial deposit of $2000.
Throughout its trading journey, the system has demonstrated remarkable growth, increasing its Myfxbook accounts by an impressive +234.47% on the USDCAD account and +329.67% on the the AUDUSD_USDJPY account. Achieving a maximum monthly compound return of 13.24% and 16.24% respectively and a maximum floating drawdown level of 17.16% and 35.84%, it exhibits good potential for generating substantial profits in the Forex market.
The performance exhibited by the Night Forex Bot EA on real live accounts allows us to draw certain conclusions regarding its future potential. Over the span of 10 months, it has achieved an impressive cumulative gain of 234.47% on the USDCAD account, accompanied by a maximum fixed drawdown level of 13.24%. These statistics suggest an average profit-to-drawdown ratio of approximately 1:1.
Over the course of 10 months, the cumulative gain of this EA on the AUDUSD/USDJPY account has reached even more impressive result of 329.67%. In conjunction with this, the maximum fixed drawdown level has been recorded at 35.84%. These results indicate that the average profit-to-drawdown ratio level is almost 0.9:1. These nembes are quite close to the results of the USDCAD account, which means that the system performs stably on all available currency pairs.
As we can see, the Night Forex Bot EA has consistently and effectively demonstrated its prowess over an extended period of time, showcasing cumulative gains of 234.47% and 329.67%, together with maximum fixed drawdown levels of 13.24% and 35.84%. These achievements serve as a clear testament to the EA's ability to generate profits consistently. However, it is important to bear in mind that past performance does not guarantee future results. While these results may not claim the top spot among trading robots on ForexStore, they undeniably stand out and establish the Night Forex Bot EA as a viable option for traders seeking to maximize profitability while minimizing risks. It is important to note that these results have been achieved through the usage of real live accounts, as opposed to simulations or backtesting.
Profitability and drawdown
Night Forex Bot EA is an automated Forex trading system that trades using the three currency pairs on two of its real live trading account. Live trading on both “NightForexBot USDCAD” and “NightForexBot_AUDUSD_USDJPY” accounts of the robot began on the 2nd of August 2022, with an initial deposit of $2000.
Throughout its trading journey, the system has demonstrated remarkable growth, increasing its Myfxbook accounts by an impressive +234.47% on the USDCAD account and +329.67% on the the AUDUSD_USDJPY account. Achieving a maximum monthly compound return of 13.24% and 16.24% respectively and a maximum floating drawdown level of 17.16% and 35.84%, it exhibits good potential for generating substantial profits in the Forex market.
The performance exhibited by the Night Forex Bot EA on real live accounts allows us to draw certain conclusions regarding its future potential. Over the span of 10 months, it has achieved an impressive cumulative gain of 234.47% on the USDCAD account, accompanied by a maximum fixed drawdown level of 13.24%. These statistics suggest an average profit-to-drawdown ratio of approximately 1:1.
Over the course of 10 months, the cumulative gain of this EA on the AUDUSD/USDJPY account has reached even more impressive result of 329.67%. In conjunction with this, the maximum fixed drawdown level has been recorded at 35.84%. These results indicate that the average profit-to-drawdown ratio level is almost 0.9:1. These nembes are quite close to the results of the USDCAD account, which means that the system performs stably on all available currency pairs.
As we can see, the Night Forex Bot EA has consistently and effectively demonstrated its prowess over an extended period of time, showcasing cumulative gains of 234.47% and 329.67%, together with maximum fixed drawdown levels of 13.24% and 35.84%. These achievements serve as a clear testament to the EA's ability to generate profits consistently. However, it is important to bear in mind that past performance does not guarantee future results. While these results may not claim the top spot among trading robots on ForexStore, they undeniably stand out and establish the Night Forex Bot EA as a viable option for traders seeking to maximize profitability while minimizing risks. It is important to note that these results have been achieved through the usage of real live accounts, as opposed to simulations or backtesting.
Profitability and drawdown
Night Forex Bot EA is an automated Forex trading system that trades using the three currency pairs on two of its real live trading account. Live trading on both “NightForexBot USDCAD” and “NightForexBot_AUDUSD_USDJPY” accounts of the robot began on the 2nd of August 2022, with an initial deposit of $2000.
Throughout its trading journey, the system has demonstrated remarkable growth, increasing its Myfxbook accounts by an impressive +234.47% on the USDCAD account and +329.67% on the the AUDUSD_USDJPY account. Achieving a maximum monthly compound return of 13.24% and 16.24% respectively and a maximum floating drawdown level of 17.16% and 35.84%, it exhibits good potential for generating substantial profits in the Forex market.
The performance exhibited by the Night Forex Bot EA on real live accounts allows us to draw certain conclusions regarding its future potential. Over the span of 10 months, it has achieved an impressive cumulative gain of 234.47% on the USDCAD account, accompanied by a maximum fixed drawdown level of 13.24%. These statistics suggest an average profit-to-drawdown ratio of approximately 1:1.
Over the course of 10 months, the cumulative gain of this EA on the AUDUSD/USDJPY account has reached even more impressive result of 329.67%. In conjunction with this, the maximum fixed drawdown level has been recorded at 35.84%. These results indicate that the average profit-to-drawdown ratio level is almost 0.9:1. These nembes are quite close to the results of the USDCAD account, which means that the system performs stably on all available currency pairs.
As we can see, the Night Forex Bot EA has consistently and effectively demonstrated its prowess over an extended period of time, showcasing cumulative gains of 234.47% and 329.67%, together with maximum fixed drawdown levels of 13.24% and 35.84%. These achievements serve as a clear testament to the EA's ability to generate profits consistently. However, it is important to bear in mind that past performance does not guarantee future results. While these results may not claim the top spot among trading robots on ForexStore, they undeniably stand out and establish the Night Forex Bot EA as a viable option for traders seeking to maximize profitability while minimizing risks. It is important to note that these results have been achieved through the usage of real live accounts, as opposed to simulations or backtesting.
Final marks
So let’s finish this review by giving appropriate assessments to the Night Forex Bot based on the analysis of its work, statistics, and other factors
Price VS Quality
Profitability / Drawdown
Statistics duration
Backtests
Authors’ rating
AVERAGE
As previously stated, the Night Forex Bot EA satisfies all the necessary criteria and possesses all the essential characteristics of a top Forex robot. The cost of the robot remains reasonable. The Night Forex Bot EA has been awarded a maximum rating of 5 out of 5 stars in this regard.
The robot has achieved average profit-to-drawdown ratio of 1:1 on both accounts. This result is enough for the EA to be awarded maximum rating of 5 out of a possible maximum.
The system has all the necessary statistics and backtests, providing additional confidence in its trading abilities. With 10 months of live trading data and a maximum of 7 years of backtesting, the robot has exceeded the minimum requirement, receiving 5 out of 5-star rating in these two aspects.
Regarding my opinion of this trading system, I hold an optimistic view. The Night Forex Bot EA has demonstrated its strength as a successful contender in the market, offering a lot for traders while maintaining a strong focus on security. I have awarded the system a rating of 4.5 out of 5 stars. However, it should be noted that the system utilizes the Martingale strategy as its primary winning algorithm, which in certain situations may pose a risk. But the system has proven its ability to manage this strategy effectively.
At the moment of writing the review, the automated rating system of the ForexStore rated Night Forex Bot EA with 9.5 points out of 10 which is in my opinion a well-deserved mark. This Forex robot deserves the mark because the system is profitable and reliable at the same time. I hope this helps you, traders! I wish you profitable trading and luck on the market!