Introduction
Allow me to introduce you to the Night Channel Scalper - a trading robot that operates on the forex markets, during the night sessions, perhaps when you're tucked up in bed. It claims to be a scalper of the channels formed by the night market volatility. But as we know, in this world of trading, not everything that glitters is gold.Description of Functions
The Night Channel Scalper EA operates mainly during the night sessions when the market is less volatile. It implements a scalping strategy, aiming to take advantage of the small price movements that occur in these hours. As for the settings, it appears some users have had difficulty with configuration, resulting in the robot not opening any trades. This might indicate a lack of user-friendly interface or detailed instruction from the developer.Analysis of Results
The user reviews and ratings for Night Channel Scalper are mixed at best, with an average score of 3.44. A few users demonstrated satisfaction with the robot's performance, while others were nothing short of disappointed. Some are still testing, which indicates that the EA's performance over a longer span needs to be evaluated. As a seasoned trader, I'd suggest taking user reviews with a grain of salt.Pros and Cons
PROS:- Operates during the night
- Scalping strategy
CONS:
- Mixed user reviews
- Some complaints about functionality
- Unclear configuration instructions
The Source Code of Night Channel Scalper
While the original source code of Night Channel Scalper is not publicly available, creating a rudimentary version based on its general description is feasible. However, keep in mind that our version cannot fully replicate the original EA being sold at MQL5.
Code:
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If you have any questions about the code, feel free to ask them on our forum. Remember, this is just an example code from easytradingforum.com, based on the description of the robot selling at MQL5. The EASY Trading Team isn't selling the Night Channel Scalper but has developed a trading robot code based on its description. We encourage you, as always, to remain skeptical about any trading robot's claims and to conduct your own thorough testing before letting it loose with your hard-earned money.Your trading journey is yours alone. If Night Channel Scalper is your next partner in this journey, we wish you many pips in your favor. But remember: Trust, but verify.