Night Hunter Pro Mt4 Version
How Night Hunter Pro Works
Night Hunter Pro is an advanced, automated Expert Advisor (EA) designed specifically for night scalping during periods of low market volatility. Instead of attempting to trade in all market conditions or utilizing dangerous recovery strategies like Martingale or grid averaging, it focuses on strict rules-based execution.
- Core Strategy: It targets the quiet hours of the night session (typically around the New York close and Asian open) when liquidity thins out and prices tend to mean-revert within tight ranges.
- Risk Control: Every single trade is protected by a defined Stop Loss, and the system completely avoids compounding exposed losing positions (no Martingale/Grid).
- Built-in Filters: To prevent unexpected losses, it includes advanced safety mechanisms such as:
- News Filter: Pauses trading before and after high-impact economic releases.
- Rollover & Swap Filters: Avoids high-spread rollover windows and negative overnight swap conditions.
- Holiday Filters: Skips low-liquidity periods during Christmas and New Year.
How to Install and Set Up in MetaTrader 4 (MT4)
Follow these step-by-step instructions to compile and run your standalone Night Hunter Pro EA file on MT4:
Step 1: Open MetaEditor
- Open your MetaTrader 4 terminal.
- Press F4 on your keyboard (or click the MetaEditor icon on the standard toolbar) to open the MQL4 development environment.
Step 2: Create the Expert File
- In MetaEditor, click File $\rightarrow$ New $\rightarrow$ Expert Advisor (template).
- Name your file NightHunterProEA_MT4 and click Next through the prompts until you hit Finish.
Step 3: Paste the Code
- Delete any template code that auto-populates inside the newly opened file.
- Copy the standalone MQL4 code provided previously and paste it into the editor.
- Click the Compile button on the top toolbar (or press F7). Ensure the "Errors" window at the bottom shows 0 errors and 0 warnings.
Step 4: Attach to a Chart in MT4
- Return to your main MT4 terminal window.
- Open a chart for your desired asset (the M5 timeframe is typically recommended for scalping setups).
- From the Navigator panel on the left (Ctrl + N), expand Expert Advisors, find NightHunterProEA_MT4, and drag it directly onto your chart.
Step 5: Enable Live Trading and Parameters
- In the pop-up properties window that appears, go to the Common tab and make sure "Allow live trading" and "Allow DLL imports" are checked.
- Adjust your inputs (such as lot size, stop loss, and take profit points) under the Inputs tab.
- Click OK. Ensure the AutoTrading button on the main MT4 top toolbar is switched ON (it should show a green play icon instead of a red stop icon).