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EA review - NightVision EA

Rating total:
Backtests:
Live performance:
Risk control:
Customizability:
Price:
Vendor link | Price: $399  (2019.09.05)
Trading strategy: Night Scalper
Vendor live account: Yes
Own live account: No
Latest tested version:   4.2
Latest tested date: 2019.09.05
Risk factors: Weekend gaps, calendar news, breaking news

NightVisionEA is a night scalping EA that trades mostly around the end of the American session. However, some of the backtests, like the one for USDCAD, also show a few trades during the European session. Judging from the visual MT4 tester, the EA seems to be using a bollinger band indicator for entry signals (probably combined with additional filters). 

Some of the pairs only open trades Friday and Monday, so the weekend trading is a great part of the total profit. In backtests weekend gaps are also a often a source of over-optimization because small changes in entry filters determine whether or not a trade is entered on Friday, which can potentially lead to large differences in profit if there is a weekend gap. Friday trading can be disabled via the settings. Then the total profit of the portfolio backtest is almost 40% smaller, but the backtests still look good. We added backtests without Friday trading to the set of backtests below (only for version 4.0).

Our opinion

The backtests look really good and the live performance so far is also great. However, it does not offer additional protection via a news filter and much of the backtest profit was done by opening trades on Fridays, which means that there is an increased risk of larger losses due to weekend gaps. Additionally, the occurence of a few trades outside of the typical night scalper hours should be explained in the EA description. But for those, who are willing to take the risk, NightVision EA might be a good addition to the EA portfolio with conservative risk settings.

Live performance


Fixed lot size backtests

Why do we use fixed lot size (0.1 lots)? Check our educational page.

Dukascopy

Full backtest report

Strategy Tester: NightVision EA
SymbolEURAUD (Euro vs Australian Dollar)
Period15 Minutes (M15) 2010.01.05 01:00 - 2019.08.29 14:00 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=5; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test240837Ticks modelled241815716Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit3544.42Gross profit7221.04Gross loss-3676.62
Profit factor1.96Expected payoff4.80
Absolute drawdown102.07Maximal drawdown198.29 (1.62%)Relative drawdown1.69% (172.31)
Total trades739Short positions (won %)391 (76.21%)Long positions (won %)348 (80.46%)
Profit trades (% of total)578 (78.21%)Loss trades (% of total)161 (21.79%)
Largestprofit trade74.68loss trade-74.22
Averageprofit trade12.49loss trade-22.84
Maximumconsecutive wins (profit in money)22 (348.50)consecutive losses (loss in money)6 (-105.44)
Maximalconsecutive profit (count of wins)348.50 (22)consecutive loss (count of losses)-124.35 (2)
Averageconsecutive wins5consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolEURCAD (Euro vs Canadian Dollar)
Period15 Minutes (M15) 2010.01.05 01:00 - 2019.08.29 14:15 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=6; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test240852Ticks modelled225649613Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit2894.78Gross profit3875.38Gross loss-980.60
Profit factor3.95Expected payoff5.59
Absolute drawdown25.18Maximal drawdown210.01 (1.67%)Relative drawdown1.81% (187.58)
Total trades518Short positions (won %)248 (77.82%)Long positions (won %)270 (69.26%)
Profit trades (% of total)380 (73.36%)Loss trades (% of total)138 (26.64%)
Largestprofit trade115.04loss trade-181.80
Averageprofit trade10.20loss trade-7.11
Maximumconsecutive wins (profit in money)15 (162.47)consecutive losses (loss in money)4 (-11.22)
Maximalconsecutive profit (count of wins)197.16 (10)consecutive loss (count of losses)-181.80 (1)
Averageconsecutive wins4consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolEURGBP (Euro vs Great Britain Pound )
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 14:30 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=7; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test241059Ticks modelled156464275Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit5193.37Gross profit6600.84Gross loss-1407.47
Profit factor4.69Expected payoff4.34
Absolute drawdown99.18Maximal drawdown216.20 (1.69%)Relative drawdown2.07% (213.38)
Total trades1198Short positions (won %)547 (75.32%)Long positions (won %)651 (67.90%)
Profit trades (% of total)854 (71.29%)Loss trades (% of total)344 (28.71%)
Largestprofit trade55.07loss trade-144.92
Averageprofit trade7.73loss trade-4.09
Maximumconsecutive wins (profit in money)22 (154.38)consecutive losses (loss in money)5 (-3.64)
Maximalconsecutive profit (count of wins)154.38 (22)consecutive loss (count of losses)-145.41 (2)
Averageconsecutive wins4consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolEURNZD (Euro vs New Zealand Dollar)
Period15 Minutes (M15) 2010.01.04 07:30 - 2019.08.29 23:45 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=12; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test240917Ticks modelled219536686Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit2945.62Gross profit4466.00Gross loss-1520.38
Profit factor2.94Expected payoff5.11
Absolute drawdown87.78Maximal drawdown207.68 (1.62%)Relative drawdown1.62% (207.68)
Total trades577Short positions (won %)285 (76.14%)Long positions (won %)292 (80.14%)
Profit trades (% of total)451 (78.16%)Loss trades (% of total)126 (21.84%)
Largestprofit trade53.12loss trade-173.00
Averageprofit trade9.90loss trade-12.07
Maximumconsecutive wins (profit in money)24 (320.91)consecutive losses (loss in money)4 (-11.64)
Maximalconsecutive profit (count of wins)320.91 (24)consecutive loss (count of losses)-173.00 (1)
Averageconsecutive wins5consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolEURUSD (Euro vs US Dollar)
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 16:00 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=9; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test241082Ticks modelled186123732Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit2009.24Gross profit4131.76Gross loss-2122.52
Profit factor1.95Expected payoff3.48
Absolute drawdown159.54Maximal drawdown302.15 (2.98%)Relative drawdown2.98% (302.15)
Total trades577Short positions (won %)271 (75.65%)Long positions (won %)306 (75.82%)
Profit trades (% of total)437 (75.74%)Loss trades (% of total)140 (24.26%)
Largestprofit trade65.11loss trade-58.92
Averageprofit trade9.45loss trade-15.16
Maximumconsecutive wins (profit in money)16 (144.75)consecutive losses (loss in money)4 (-13.58)
Maximalconsecutive profit (count of wins)236.10 (14)consecutive loss (count of losses)-126.48 (3)
Averageconsecutive wins4consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolGBPAUD (Great Britain Pound vs Australian Dollar)
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 12:00 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=4; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test241018Ticks modelled252470408Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit2641.22Gross profit5008.37Gross loss-2367.15
Profit factor2.12Expected payoff3.71
Absolute drawdown149.24Maximal drawdown176.59 (1.76%)Relative drawdown1.76% (176.59)
Total trades712Short positions (won %)374 (65.78%)Long positions (won %)338 (72.19%)
Profit trades (% of total)490 (68.82%)Loss trades (% of total)222 (31.18%)
Largestprofit trade115.41loss trade-107.07
Averageprofit trade10.22loss trade-10.66
Maximumconsecutive wins (profit in money)13 (167.33)consecutive losses (loss in money)7 (-127.77)
Maximalconsecutive profit (count of wins)189.31 (9)consecutive loss (count of losses)-127.77 (7)
Averageconsecutive wins3consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolGBPCAD (Great Britain Pound vs Canadian Dollar)
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 11:15 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=2; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test240771Ticks modelled234390721Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit3391.64Gross profit5188.38Gross loss-1796.73
Profit factor2.89Expected payoff4.99
Absolute drawdown24.31Maximal drawdown235.49 (1.79%)Relative drawdown1.83% (195.72)
Total trades680Short positions (won %)342 (70.47%)Long positions (won %)338 (65.09%)
Profit trades (% of total)461 (67.79%)Loss trades (% of total)219 (32.21%)
Largestprofit trade122.82loss trade-102.67
Averageprofit trade11.25loss trade-8.20
Maximumconsecutive wins (profit in money)20 (208.84)consecutive losses (loss in money)5 (-33.55)
Maximalconsecutive profit (count of wins)208.84 (20)consecutive loss (count of losses)-102.67 (1)
Averageconsecutive wins3consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolGBPCHF (Great Britain Pound vs Swiss Franc)
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 14:45 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=8; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test241033Ticks modelled208064908Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit4416.25Gross profit6668.77Gross loss-2252.52
Profit factor2.96Expected payoff7.39
Absolute drawdown42.23Maximal drawdown211.65 (1.92%)Relative drawdown1.92% (211.65)
Total trades598Short positions (won %)292 (71.92%)Long positions (won %)306 (76.14%)
Profit trades (% of total)443 (74.08%)Loss trades (% of total)155 (25.92%)
Largestprofit trade187.46loss trade-116.10
Averageprofit trade15.05loss trade-14.53
Maximumconsecutive wins (profit in money)16 (231.03)consecutive losses (loss in money)4 (-9.88)
Maximalconsecutive profit (count of wins)275.92 (9)consecutive loss (count of losses)-116.10 (1)
Averageconsecutive wins4consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolGBPUSD (Great Britan Pound vs US Dollar)
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 11:15 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=1; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test241056Ticks modelled174771061Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit3888.37Gross profit6752.38Gross loss-2864.01
Profit factor2.36Expected payoff3.86
Absolute drawdown60.47Maximal drawdown222.08 (2.19%)Relative drawdown2.19% (222.08)
Total trades1007Short positions (won %)479 (76.41%)Long positions (won %)528 (76.52%)
Profit trades (% of total)770 (76.46%)Loss trades (% of total)237 (23.54%)
Largestprofit trade97.18loss trade-91.76
Averageprofit trade8.77loss trade-12.08
Maximumconsecutive wins (profit in money)24 (263.31)consecutive losses (loss in money)4 (-64.09)
Maximalconsecutive profit (count of wins)263.31 (24)consecutive loss (count of losses)-117.98 (2)
Averageconsecutive wins5consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolNZDUSD (New Zealand Dollar vs US Dollar)
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 16:45 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=11; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test240999Ticks modelled114743600Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit2282.77Gross profit4432.53Gross loss-2149.76
Profit factor2.06Expected payoff2.87
Absolute drawdown76.95Maximal drawdown188.25 (1.78%)Relative drawdown1.78% (188.25)
Total trades796Short positions (won %)353 (79.60%)Long positions (won %)443 (69.98%)
Profit trades (% of total)591 (74.25%)Loss trades (% of total)205 (25.75%)
Largestprofit trade78.86loss trade-104.18
Averageprofit trade7.50loss trade-10.49
Maximumconsecutive wins (profit in money)19 (141.15)consecutive losses (loss in money)4 (-3.14)
Maximalconsecutive profit (count of wins)166.34 (5)consecutive loss (count of losses)-111.27 (2)
Averageconsecutive wins4consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolUSDCAD (US Dollar vs Canadian Dollar)
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 12:00 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=3; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test241043Ticks modelled137032818Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit1272.70Gross profit2142.54Gross loss-869.84
Profit factor2.46Expected payoff4.64
Absolute drawdown45.75Maximal drawdown120.42 (1.16%)Relative drawdown1.16% (120.42)
Total trades274Short positions (won %)111 (60.36%)Long positions (won %)163 (75.46%)
Profit trades (% of total)190 (69.34%)Loss trades (% of total)84 (30.66%)
Largestprofit trade93.06loss trade-95.33
Averageprofit trade11.28loss trade-10.36
Maximumconsecutive wins (profit in money)9 (177.45)consecutive losses (loss in money)5 (-26.32)
Maximalconsecutive profit (count of wins)177.45 (9)consecutive loss (count of losses)-110.27 (2)
Averageconsecutive wins3consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolUSDCHF (US Dollar vs Swiss Franc)
Period15 Minutes (M15) 2010.01.04 03:00 - 2019.08.29 16:15 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=10; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test241076Ticks modelled123077340Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit3240.39Gross profit6427.05Gross loss-3186.67
Profit factor2.02Expected payoff2.76
Absolute drawdown38.40Maximal drawdown305.45 (2.93%)Relative drawdown2.93% (305.45)
Total trades1176Short positions (won %)569 (75.22%)Long positions (won %)607 (80.56%)
Profit trades (% of total)917 (77.98%)Loss trades (% of total)259 (22.02%)
Largestprofit trade75.23loss trade-127.19
Averageprofit trade7.01loss trade-12.30
Maximumconsecutive wins (profit in money)21 (160.49)consecutive losses (loss in money)5 (-21.92)
Maximalconsecutive profit (count of wins)253.01 (8)consecutive loss (count of losses)-175.71 (2)
Averageconsecutive wins4consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolUSDJPY (US Dollar vs Japanese Yen)
Period15 Minutes (M15) 2010.01.05 01:00 - 2019.08.29 17:00 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=13; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test240856Ticks modelled143899059Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit2375.39Gross profit3956.31Gross loss-1580.92
Profit factor2.50Expected payoff3.76
Absolute drawdown5.35Maximal drawdown273.14 (2.29%)Relative drawdown2.29% (273.14)
Total trades631Short positions (won %)322 (75.78%)Long positions (won %)309 (82.85%)
Profit trades (% of total)500 (79.24%)Loss trades (% of total)131 (20.76%)
Largestprofit trade133.05loss trade-117.07
Averageprofit trade7.91loss trade-12.07
Maximumconsecutive wins (profit in money)22 (189.29)consecutive losses (loss in money)3 (-31.41)
Maximalconsecutive profit (count of wins)284.40 (20)consecutive loss (count of losses)-117.07 (1)
Averageconsecutive wins5consecutive losses1
Graph

Full backtest report

Strategy Tester: NightVision EA
SymbolUSDJPY (US Dollar vs Japanese Yen)
Period15 Minutes (M15) 2010.01.05 01:00 - 2019.08.29 17:00 (2010.01.01 - 2019.09.01)
ModelEvery tick (the most precise method based on all available least timeframes)
ParametersTradingPair=14; Lots=0.1; Auto_Risk=0; MM_Depo=0; GMT_Offset=2; DST=true; F_trading=true; Comm="NightVisionEA";
Bars in test240856Ticks modelled143899059Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit4304.77Gross profit6489.00Gross loss-2184.23
Profit factor2.97Expected payoff4.23
Absolute drawdown34.88Maximal drawdown274.68 (2.31%)Relative drawdown2.31% (274.68)
Total trades1017Short positions (won %)542 (96.86%)Long positions (won %)475 (97.89%)
Profit trades (% of total)990 (97.35%)Loss trades (% of total)27 (2.65%)
Largestprofit trade120.53loss trade-107.43
Averageprofit trade6.55loss trade-80.90
Maximumconsecutive wins (profit in money)198 (1429.97)consecutive losses (loss in money)1 (-107.43)
Maximalconsecutive profit (count of wins)1429.97 (198)consecutive loss (count of losses)-107.43 (1)
Averageconsecutive wins35consecutive losses1
Graph

Portfolio backtest

Link to PDF file

Portfolio backtest

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