AnglerFish Night Scalper
You can become a real predator in a few clicks!
We've developed a Night Scalper for the Metatrader 4 platform designed to generate profits for you. Simply install the robot on the quote chart and start tallying your gains.
- Timeframe for trading: M5
- Trading strategy: trading in a price channel with market trend control
- Currency pairs for trading: EUR/AUD, EUR/CAD, EUR/GBP, EUR/USD, GBP/USD, USD/JPY
- Trading time: end of the American – beginning of the Asian session
- Trading technology: scalping
- Potential profitability: 10-30% per month
- Minimum account size: from 100 USD
What are the Advantages of this Metatrader Night Scalper?
Trend control
This Metatrader Night Scalper consistently tracks the trend, ensuring you always trade in the direction of the main price movement. This approach is recognized as the safest type of trading.
98% success rate
This Metatrader Expert Advisor boasts a success rate exceeding 98%, ensuring that the majority of your trades will be profitable!
Protection for each deal
The Metatrader Night Scalper employs Stop Loss orders for every trade, ensuring losses are limited and proportional, preventing total capital loss.
How does the Metatrader robot AnglerFish work?
The Metatrader Night Scalper, AnglerFish, waits for the calm rhythm of the market, typically at the end of the American session and the start of the Asian session. It identifies the global trend direction and executes trades when the price touches the price channel border against the trend. With a success rate of 98%, profits are likely to be deposited into your account!
Developed for the
most popular platforms in the world:
How profitable is it? Evaluate it yourself!
How much can you earn?
EA AnglerFish results 2010-2024
What is a Metatrader robot?
Automatic algorithms have revolutionized nearly all human activities, and the financial sector is no exception. Specialized programs enable users to engage in fully automated trading. One such tool is the Metatrader Night Scalper, accessible to anyone, even those lacking experience in financial trading. Given that MetaTrader is the most widely used platform for automated trading, it’s no surprise that Metatrader software is the most popular trading software globally.
In the following sections, we’ll delve into how such software functions within the Forex and other financial market sectors, as well as provide insight into the operations of our own Metatrader AnglerFish trading robot.
How does the Metatrader expert advisor work?
Indeed, the MetaTrader platform facilitates automatic trading through specialized programs known as Metatrader expert advisors. These programs are the result of collaboration between traders and programmers skilled in writing code in the Mq4 or Mq5 language. These programming languages are used as the basis for the MT4 and MT5 platforms, respectively.
Within MT4/MT5 software, trading rules based on specific strategies are outlined in the programming language. Instructions for opening/closing trades, along with other necessary functions, are incorporated. The outcome is a program capable of autonomously analyzing the market, executing trades, and closing positions. In essence, a MetaTrader Expert Advisor (EA) trades entirely on autopilot, generating profits for its user.
The MT4/MT5 trading platform serves as a gateway to the broker’s server, where the trader’s trading account is hosted (for instance, our team utilizes the ICMarkets broker). On the other hand, a brokerage firm offers access to the financial market, connecting traders with liquidity providers through its server. This is where transactions are executed, or more accurately, where MetaTrader software executes transactions.
Certainly, we’re referring to trading operations involving the trader’s capital. When a trade is executed, it reflects on the exchange. In other words, a trading operation is carried out using the user’s funds. If the trader profits, the earnings are deposited into their trading account. Conversely, if there’s a loss, funds are deducted from their trading account in accordance with the volume of the trading order.
Indeed, trading in the financial market is far from a game; it’s a serious endeavor where many traders reap significant profits while others may face losses. This dynamic is intrinsic to the market, where the gains of some traders are offset by the losses of others. Within this framework, MetaTrader robots play a pivotal role in executing trading operations. According to established statistics, trading robots account for approximately 70% of trading activities in the financial market. Therefore, if your aim is to profit from trading, embracing automated trading is advisable, as it has become the prevailing method for executing trades and generating profits.
As demonstrated earlier, MetaTrader expert advisors have the potential to yield substantial profits, often reaching thousands of percent. The Night Scalper AnglerFish is no exception; this trading robot is capable of delivering remarkable returns. As evidenced by the test results provided above, you have the opportunity to achieve similar profits firsthand!
How is a trading robot created for a MetaTrader?
Let’s delve into the creation process of a Metatrader bot. How does it know when to initiate trades and generate profits? How does it even discern the profit target? After all, it’s merely a piece of code!
The truth is, every Metatrader software is the outcome of collaboration between traders and programmers. Here’s how the creation process typically unfolds:
A trader conceptualizes a new trading strategy or enhances an existing one. The origin of such a strategy is immaterial; what matters is its potential to yield profit. This strategy comprises precise rules for analyzing the market (via asset price charts), determining conditions for initiating a new trade, and establishing clear guidelines for both entering and exiting positions. These rules must be formalized and unambiguous because only such rules can be translated into the algorithm of a trading robot. A programmer cannot embed vague instructions in the advisor’s code, such as “find trading opportunities” or “open and close trades somehow.” Instead, the program can incorporate explicit rules for trade execution and profit-taking.
Therefore, a MetaTrader robot embodies an automated trading strategy with well-defined trading rules.
The programmer utilizes the clear rules of the trading strategy to craft program code in the MQ4 language (for MT4) or MQ5 language (for MT5), detailing all aspects of market analysis, trade initiation, profit-taking, and risk management. Various useful functions are incorporated into this code, such as spread filters, price slippage filters, time filters, and automated money management for calculating trade lot sizes. In essence, the programmer transforms the trader’s conceived trading strategy into a MetaTrader software capable of automated trading and profit generation for the user. Thus, a MetaTrader robot serves as an automated trading strategy with precise trading rules.
What do they do with a metatrader bot?
Once you have a ready-made program for automated trading, all that’s left is to install it on your MT4 platform and activate the automatic trading function. Subsequently, the Metatrader expert advisor will execute transactions based on the rules defined within its algorithm. If the EA’s strategy proves profitable, the user will earn profits; conversely, if the strategy is unprofitable, losses will be incurred. It’s that straightforward!
Installing a trading robot, such as the Night Scalper, in the MT4/MT5 platform is a quick process, taking only a few minutes. Once installed, the expert advisor operates automatically for many years, requiring nothing more than internet access. Consequently, your trading platform, on which such software is installed, must remain online at all times.
Indeed, if the trading platform must remain operational, then the computer hosting this platform must also remain powered on continuously. For traders who heavily rely on MetaTrader robots, renting a specialized VPS server (Virtual Private Server) is a common solution. A VPS server essentially emulates the environment of a Windows operating system in cloud storage.
By transferring your platform to the cloud storage where your remote desktop resides, your MetaTrader platform will always be accessible and operational “in the cloud.” This ensures constant internet connectivity and enables automated trading functionality for your MetaTrader robot.
The MetaTrader robot AnglerFish is no exception in this regard; like all other trading robots, it requires uninterrupted internet access to function effectively.
How much can you earn with MT4 software?
A high-quality program for MT4/MT5 can come with a price tag exceeding $100, and in some cases, it may even reach $1000 to $5000. This is because software designed to deliver consistent monthly profits (such as $1000 to $5000 every month) cannot be distributed for free. Therefore, when evaluating the cost of an MT4/MT5 EA, it’s important to recognize that these programs can indeed command a significant price.
However, it’s worth noting that just one month of using such robots can often lead to a full return on the investment and generate profits far exceeding the initial purchase cost.
As for the profitability of such software, it can vary based on several factors, including:
The efficiency of the software: Not all trading strategies yield substantial profits with minimal risk. While some systems may offer 100% returns per month, others may result in losses. For a reliable Forex robot with a proven track record, follow this link to our online store!
Brokerage company terms: The terms of the brokerage account can significantly impact your trading outcomes. Poor account conditions, such as high spreads, significant price slippage, or limited leverage, can hinder profitability. It’s advisable to select a reputable brokerage company from the outset to achieve excellent results immediately, rather than switching brokers later.
Below, we’ll provide examples of what a good trading robot can accomplish. Our AnglerFish Night Scalper can demonstrate similar statistics:
C-Ramirez –
Very effective for currency pairs during the night market. The AnglerFish EA operates smoothly and delivers consistent profits with minimal drawdown
Henry O-Brien –
Useful for overnight trading but needs regular adjustments to keep up with fast market changes. Suitable for those who can fine-tune its settings
Emma Schultz –
Outstanding results! This EA excels in the Asian session and offers impressive risk management features that protect my investments well.
F_Lee –
Decent performance, though not as hands-off as I expected. Requires some oversight, particularly in highly volatile conditions