NightXploiter can be found within the Experts section of the MQL5 marketplace, it was first uploaded by Ugur Oezcan on the 17th of August 2018 and was most recently updated on the 10th of August 2019, the expert advisor is currently at version 1.30.
Overview
MightXploiter is an expert advisor for the MetaTrader 4 platform, its main purpose is to open trades based on levels. It can be used with multiple different currency pairs at once and depending on the pairs, the trading sessions are mostly short and occur just before the New York close up until the middle of the Asia sessions.
The expert advisor does not use methods such as martingale or grid, every trade will have stop losses added to it once the trade reaches a profitable zone, it will also use trailing stops.
In terms of parameters, there are plenty of them for you to change, they include things like GMT offset, session opening and closing times, whether to use fixed lots, stop losses, which money management strategy to use, take profits during the drawdown, custom currencies, notification settings, and more.
Service Cost
It is quite an expensive expert advisor, NightXploiter will cost you a one-off payment of $499, this will give you up to 5 software activations and it does not have any additional limitations. There is also the option to rent the EA, this can be done on a monthly basis and will cost you $35 per month, for three months it will cost you $90, for six months it will cost $170 and to rent it for one year it will cost $350 per year.
The MQL5 website shows that a free demo version is also available, this version will be highly limited, it could be that it is only usable with the product strategy due to there not being an official demo version from the developer.
Conclusion
There are two reviews available for the EA, they have given it an overall rating of 5 out of 5.
“One of the best scalpers for CHFJPY pair. It comes with great performance, steady growth with low DD. Highly recommended…“ – A 5-star review.
“This EA’s loss is too big, now it is a downward trend to hold many orders, a stop loss is around 15% if 4 orders all stop loss will lose 60%, which is very terrible, this is a failure result, people do not buy, I now lost more than 10%” – No rating is given.
The overall rating of 5 out of 5 ca be a little misleading as there is in fact a negative review, the user just did not leave a rating, the opinions within the reviews ar every mixed, one with profits and one with losses. Thre are also over 30 comments, the developer has been very active in replying to them which shows that they are still supporting the EA and will be there to offer support should you decide to purchase or rent the EA.
This Forex service can be found at the following web address: https://www.mql5.com/en/market/product/31079
