MT5 EAMT5v2.0Sold out
Smart Owl FX MT5
Multi-pair night scalper
4.70(13)410 sold
Platform
MT5
Version
2.0
Category
MT5 EA
Delivery
File download delivery
$20.00USD$399.00
USDT-TRC20 · Alipay (CNY equivalent) · File download delivery
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ScreensGALLERY
DescriptionOVERVIEW
Smart Owl FX is a multi-currency Expert Advisor for MetaTrader 5 built around a mean-reversion night-scalping strategy. It is designed to operate during the quiet, low-volatility hours of the Asian session, when price tends to drift back toward its statistical average rather than trend strongly.
Strategy
The EA analyses market structure and price extension to identify short-term overbought and oversold conditions, then enters expecting a reversion to the mean. It deliberately avoids martingale and grid position-building, and every position is protected by a fixed stop loss.
Key Features
- Multi-currency engine managed from a single USDCHF M5 chart
- Built-in news filter to avoid high-impact releases
- Flexible risk management with adjustable risk modes
- Hard stop loss on every trade for capital protection
Symbols & Requirements
The algorithm trades a basket of major and cross pairs (such as EURUSD, GBPUSD, AUDUSD, EURCHF and USDCHF). Because it scalps during the night, a low-spread ECN / Raw Spread account is recommended, with a minimum deposit of around 100 USD.
Risk Note
Night scalpers are sensitive to broker spread and execution quality; results vary between brokers and past performance does not guarantee future returns.
Further readingRELATED NOTES
What Actually Changes an MT5 Backtest — We Ran the Controlled Test
Same EA, same .set, two different equity curves. We isolated the chart timeframe in a controlled test: 60× the bar count, and every figure in both reports came back identical. The variables that actually move the number are elsewhere — ranked by impact, with our own measured data.
MT4 or MT5 for EA Trading? Sort This Out Before You Buy
MT5 is better on backtest accuracy, multi-asset and performance — and it's the future for EAs. The differences, and how to choose by the EA you want.
How to Backtest an EA in MT5: A Complete Tutorial
Always backtest in your own environment before going live. A step-by-step on the MT5 Strategy Tester and the backtest traps to avoid.
Lizard MT5 Review: A $40 Gold Breakout EA — and a Lesson in Short Track Records
Lizard is a six-strategy XAUUSD breakout system — no martingale, no grid, a stop on every trade, $250 minimum. Live at 12 weeks: +65.59%, 112 trades, 14.74% max drawdown. But the most useful thing about it is how much those numbers moved between week 9 and week 12.
