Trading outside of major session hours can feel like navigating a jungle at midnight—sudden spikes, wide spreads, and unpredictable liquidity… It’s why so many robots shy away from the “graveyard shift.” But what if you could have an EA that loves the darkness? Enter King of the Night Meta V1.20 EA MT4, your go-to automated strategy for after-hours market moves.


Built on a blend of volatility-profiling and adaptive trend-following, this MQL4-native expert advisor is tuned specifically for the quieter, yet opportunity-rich, night sessions. Whether you’re in New York, London, or Sydney time, King of the Night EA rides the ebb and flow when most traders are fast asleep—scalping pips with precision and managing risk with discipline.



Overview: What Is King of the Night EA V1.20?


King of the Night EA V1.20 is a MetaTrader 4 expert advisor engineered for after-hours trading on currency pairs like EURUSD, GBPUSD, USDJPY, and XAUUSD. Unlike standard time-filter EAs that merely shut off during low-volume periods, King of the Night dynamically analyzes volatility pockets between 21:00 and 03:00 server time, seizing breakout opportunities and fading weak trends.


Key design principles:




  • Session Analysis: Identifies optimal trading windows based on historical volatility heatmaps.




  • Adaptive Lot Sizing: Calculates position size in real time, tied to account equity and user-defined risk percent.




  • Protective Stops: Auto-calibrates SL/TP with ATR-based buffers to avoid random noise.




The result? A fully automated night-owl strategy that’s been battle-tested in both backtests and live conditions.



 



Key Features




  • Night-Session Focus – Trades exclusively between customizable server-time hours (default 21:00–03:00).




  • Volatility Profiling – Uses rolling ATR and Bollinger Bands to detect breakout or mean-reversion setups.




  • Smart Trend Filter – EMA crossover combined with ADX confirmation reduces false entries.




  • Dynamic SL/TP – Stop-loss and take-profit levels auto-adjust to current market volatility.




  • Equity-Based Lots – Position sizing scales with account growth or drawdown to preserve capital.




  • No Martingale / No Grid – Pure single-position logic to avoid overexposure.




  • Time-Offset Control – Fine-tune entry delays to account for broker feed lag.




  • Visual Dashboard – On-chart panel shows current session status, open trades, and P/L.




  • Built-In News Filter – Pauses trading around major economic releases to avoid whipsaws.




  • Multi-Pair Support – Ready for majors and gold; simultaneous operation on up to five charts.





Strategy Breakdown




  1. Session Initialization (21:00 Server Time)
    – EA scans the last 20 bars’ volatility and defines two threshold bands.




  2. Entry Logic
    – Breakout Mode: Places pending Buy Stop / Sell Stop orders outside the bands when ATR spikes above the threshold.
    – Reversion Mode: If volatility is contracting, it places limit orders toward the median line for mean-reversion plays.




  3. Trend Confirmation
    – Uses a fast EMA (8) and slow EMA (21) crossover; only allows breakout entries in the direction of the crossover.




  4. Trade Management
    – On order trigger, SL and TP are set at 1.5× ATR distance from the entry price.
    – Trailing stop engages once trade is +0.5× ATR to capture extended moves.
    – Opposite pending orders are canceled immediately to avoid dual exposure.






 


Backtest Results & Performance Proof


Time frame: Jan 2019 – Dec 2024
Pairs tested: EURUSD M15, GBPUSD M15, USDJPY M15, XAUUSD M5
Metrics:




  • Win Rate: ~68%




  • Profit Factor: 2.4




  • Max Drawdown: 7%




  • Average Monthly Return: 6–10%




Live-forward testing on IC Markets (EURUSD, M15) yielded an equity curve closely mirroring backtests, with average nightly profits of 20–35 pips per session.



How to Install & Configure




  1. Download the EA from FXCracked.org.




  2. In MT4, go to File → Open Data Folder → MQL4 → Experts, then paste KingOfTheNightMeta.ex4.




  3. Restart MT4 or hit Refresh in the Navigator.




  4. Attach the EA to your chosen chart (e.g., EURUSD M15).




  5. Enable AutoTrading.




  6. Open the EA’s Inputs and configure:




    • StartHour / EndHour (server time)




    • RiskPercent (default 2%)




    • ATRPeriod, EMAPeriods, VolatilityThreshold






  7. Save as a template for quick deployment on other pairs.




 


Thanks for the visit ... 
For any query please feel free to contact us on our official telegram channel - Yoforex Premium - https://t.me/+V6Nr5sRZVr4xYzdl