Expert Advisor Review

NightVision Review MT5

Not Recommended MT5 Night Scalping, Multi-Pair

The Bottom Line

The Robotic Trader's verdict: NightVision is legitimate but Not Recommended — a genuine 7,205-trade live record whose three-cent average edge does not survive realistic trading costs.

NightVision has a genuinely long live track record — 7,205 trades on a continuously monitored MQL5 signal running since March 2021 (as at 10 September 2026), with no grid, martingale, or averaging, and a developer who states his worst-case drawdown openly rather than hiding it. This is not a deception case. It is a mature, honestly disclosed strategy whose numbers no longer support a recommendation.

The decisive detail is the scale of the evidence. That verified signal runs on an account funded with $100, which stood at $316.58 on 10 September 2026. Across all 7,205 trades it produced gross profit of $4,232.67 against gross loss of $4,015.62 — a net of $217.05, or an expected payoff of three cents per trade. The EA itself costs $590. The strategy's entire lifetime net profit on its own demonstration account is roughly a third of what it costs to buy.

At that margin, execution costs matter more than the strategy does. MQL5's own records show slippage on this signal averaging between 1.00 and 1.74 pips across most broker samples — against a three-cent average edge per trade. The profit factor of 1.05 at 10 September 2026 says the same thing: $1.05 earned for every $1.00 lost, before a buyer's own spreads and commissions are applied.

Two further findings from the platform's own monitoring. MQL5 records that 80% of this signal's total growth was achieved within six days, out of 2,115 trading days — four-fifths of the return arriving in 0.28% of its life, which is not the signature of a durable edge. And maximum drawdown reached 48.38% by balance, against the developer's own stated worst case of around 50% — on an account running 0.01 lots at $100, roughly four times the "0.01 lot per every $400 deposit" sizing he himself recommends.

We can't recommend an EA on the strength of its history alone when the numbers themselves no longer support confidence. To be clear about what we are not saying: we found no dishonesty here, and this developer states his strategy and its worst-case drawdown openly, in his own signal description.

Methodology
ⓘ

Evaluation Methodology

This review was conducted under our Track 1 verification framework, which prioritises live-verified evidence over independently re-run backtests. Track 1 applies exclusively when an Expert Advisor (EA) possesses a genuine, independently tracked live trading history.

The developer publishes two live signals. We reviewed both rather than relying on the one linked in current marketing — the second has been continuously promoted for years, with no evidence of concealment. We checked ForexPeaceArmy, Trustpilot and Myfxbook for independent coverage of this EA and found none on those platforms. The MQL5 Market listing itself carries nine buyer reviews at an average of 4.44 out of 5, which we record as context rather than treat as independent verification, since marketplace reviews sit alongside the product being sold.

We assess the signal as published, including the size of the account it runs on. A long record generated on a $100 account demonstrates that a strategy functions; it does not demonstrate that it produces meaningful returns net of costs at a scale anyone would actually trade. For a complete breakdown of our metrics and scoring system, read How We Test Expert Advisors.

Note: Live data referenced in this review is drawn from the EA's public, independently-hosted MQL5 Signals — not self-reported figures from the developer. Every figure we publish is a dated snapshot carrying its source and the period it covers, not a live-updating number. Where an EA's performance changes materially after publication, we add a dated update rather than quietly editing the original figures.

Live Performance Data

Verified Snapshot

NightVision — Live Signal Performance

Verified: the eight figures directly below are the 13 August 2026 initial assessment, kept exactly as assessed. The detail rows beneath them were recorded at re-verification on 10 September 2026, and figures quoted elsewhere in this review are the 10 September values unless dated otherwise. A dated snapshot, not real-time — see the verification history below for what has changed.
7,174
Total Trades
68.81%
Win Rate
1.06
Profit Factor
$0.03
Expected Payoff Per Trade
48.38%
Max Drawdown — by balance
28.60%
Max Drawdown — by equity
0.81
Recovery Factor
0.04
Sharpe Ratio
Reference account funding$100.00 initial deposit; $316.58 balance at 10 September 2026; $0.47 withdrawn, no further deposits
Lifetime net profit$217.05 — gross profit $4,232.67 against gross loss $4,015.62 across 7,205 trades (10 September 2026)
Growth216.87% overall on the $100 account; monthly growth −5.77% (MQL5 signal, 10 September 2026)
Annual forecast−70.03% (MQL5 projection from recent performance, 10 September 2026 — a projection, not a measurement)
EA purchase price$590, or $249 for a one-year rental; 5 activations (checked 10 September 2026)
Growth concentrationMQL5 records 80% of total growth achieved within six days, out of 2,115 trading days
Recorded slippageBetween 0.00 and 1.74 pips depending on broker server; most samples fall between 1.00 and 1.70 pips
Currency pairs traded19 — USDJPY, EURCHF, USDCHF, EURCAD, GBPUSD, EURGBP, AUDNZD, NZDUSD, GBPAUD, GBPCHF, EURAUD, EURNZD, GBPCAD, EURUSD, AUDJPY, AUDCAD, CHFJPY, AUDCHF, USDCAD
Trades per week6
Average holding time15 hours
Best / worst trade+$13.36 / −$15.54
Max consecutive wins / losses34 / 15
Algorithmic trading99% of trades; trading activity 35.65%
Broker and leverageICMarketsSC-MT5, 1:500. Developer recommends ECN accounts with low spread and commission
Developer's stated risk"0.01 lot per every $400 deposit (maximum historical drawdown is ~50%, or 4-5 full StopLosses in sequence)" — the reference account ran 0.01 lots from a $100 balance, around four times that sizing
Signal historyStarted 11 March 2021; MQL5 records 303 weeks in operation. The two figures do not reconcile, so we report both as published and state no single record length
MQL5 Market listing4.44 out of 5 from 9 buyer reviews; 1,907 demo downloads. Recorded as context, not treated as independent verification
View Live MQL5 Signal → View Official Product Page →
Data recorded directly from MQL5's independently-monitored signal servers on 13 August 2026, with re-verification on 10 September 2026. We publish both drawdown measures because they differ materially here — 48.38% by balance against 28.60% by equity. We report the Sharpe ratio for completeness but do not treat it as a pass or fail measure, as platform-reported Sharpe is not comparable across differing monitoring periods and trade counts. The expected payoff figure is the one we would draw your attention to: at three cents per trade, recorded slippage of one to two pips is of the same order as the edge itself, before a buyer's own spreads and commissions are applied. Past performance, including verified live performance, is not a guarantee of future results.

Key Evaluation Criteria

  • ✅Live Verification: Genuine MQL5 Signal running since March 2021 — 7,205 trades as at 10 September 2026, 99% algorithmic execution.
  • ✅Track Record Integrity: Second signal checked; continuously and publicly promoted for years, no evidence of concealment.
  • ✅Risk Disclosure: No grid or martingale, stop loss and take profit on every trade, and roughly 50% historical drawdown stated upfront by the developer himself.
  • ⚠️Scale of Evidence: The verified account was funded with $100 and stood at $316.58 on 10 September 2026. Lifetime net profit across 7,205 trades is $217.05, against an EA price of $590.
  • ⚠️Edge per Trade: Profit factor of 1.05 and an expected payoff of three cents per trade (10 September 2026) — a margin narrower than the one-to-two pip slippage the signal itself records.
  • ⚠️Growth Concentration: MQL5's own monitoring records 80% of this signal's total growth achieved within six days, out of 2,115 trading days.
  • ⚠️Position Sizing: The reference account ran 0.01 lots on $100 — around four times the "0.01 lot per every $400" the developer himself recommends — which plausibly explains a 48.38% drawdown against his stated ~50% worst case.
  • ⚠️Independent Corroboration: No coverage found on ForexPeaceArmy, Trustpilot or Myfxbook. The MQL5 Market listing carries nine buyer reviews at 4.44 out of 5, recorded as context only.

Suitability & Risks

Why Not Recommended

What actually drove this verdict

This isn't a deception case. It's a long, honestly disclosed track record on an account too small, and a margin too thin, to demonstrate that the strategy pays at any scale worth trading.

  • ✅7,205 trades on a continuously monitored live signal running since March 2021
  • ✅No grid, martingale, or hidden-account pattern found; stop loss and take profit on every trade
  • ✅Developer discloses roughly 50% historical drawdown upfront rather than downplaying it
  • ✅No evidence of dishonesty at any point in our checks
Key Risks

What to watch out for

These are the specific, sourced reasons behind our verdict.

  • ⚠️Expected payoff of three cents per trade, against recorded slippage of one to two pips
  • ⚠️$217.05 lifetime net profit on the reference account, against a $590 purchase price
  • ⚠️80% of total growth achieved within six days, out of 2,115 trading days
  • ⚠️Maximum drawdown of 48.38% by balance, close to the developer's own stated ~50% worst case
  • ⚠️Fifteen consecutive losses at worst, on a strategy averaging six trades a week
  • ⚠️No independent review coverage found to cross-check against

Important Disclosures

Verification History
13 August 2026 — initial assessment. 7,174 trades, 68.81% win rate, 1.06 profit factor, 48.38% maximum drawdown by balance, 0.81 recovery factor, monthly growth −8.35%.
10 September 2026 — re-verified and expanded. 7,205 trades, 68.86% win rate, 1.05 profit factor, drawdown unchanged at 48.38% by balance and 28.60% by equity, 0.76 recovery factor, monthly growth −5.77%, annual forecast −70.03%, overall growth 216.87%. This re-verification also captured data we had not previously published: the account's $100 initial deposit and $316.58 current balance, the $0.03 expected payoff per trade, recorded slippage, all nineteen pairs traded, and the EA's $590 purchase price.
The gradual decline in profit factor and recovery factor continues the pattern this review identified. That is routine drift rather than a material change, so the verdict is unaltered and the August figures in the stat tiles above remain exactly as assessed. We do not edit published figures to track current values; we add dated entries here instead.
25 September 2026 — editorial correction. No figures were re-measured. Two passages had quoted the August profit factor (1.06) alongside September figures; every figure in the text is now the 10 September value and dated as such. We also removed a stated record length ("5.75 years" in the title, "roughly five and a half years" in the text), because MQL5's start date and its weeks-in-operation count for this signal do not reconcile. Verdict unchanged.
What would change this verdict. So that this does not rest on our judgement alone, these are the conditions under which we would move NightVision from Not Recommended:
  • A sustained recovery in profit factor meaningfully above 1.20 on the extended sample, rather than hovering near 1.05.
  • Growth accumulating steadily rather than concentrating into a handful of days.
  • A verified live record on an account of meaningful size, showing the strategy produces returns net of realistic execution costs — the current evidence ran on $316.58 as at 10 September 2026.
Not Recommended reflects the evidence as it currently stands. It is not a permanent judgement on the developer, whose risk disclosure and strategy transparency are a genuine strength of this record.
This EA's evidence is a live, independently-monitored MQL5 Signal running since March 2021, not a self-reported backtest. We reviewed both of the developer's published signals rather than relying on the one linked in current marketing alone. We did not independently re-verify trade-by-trade execution or broker conditions, and we did not purchase or run the EA ourselves. Past performance, including verified live performance, is not a guarantee of future results.
On account size: the verified signal runs on an account funded with $100, standing at $316.58 as at 10 September 2026. We do not treat a small account as evidence of bad faith — many developers demonstrate on modest balances, and doing so honestly is better than not demonstrating at all. But it does limit what the record proves. A strategy earning three cents per trade on $316 has not shown what it does when spreads, commissions and slippage are applied at a size anyone would actually trade, and that limitation is central to our verdict.
Historical promotional material from this seller (2019-2022) used scarcity and urgency language ("price increasing soon," "buy now"). The current official product listing contains none of this. We're disclosing the historical pattern for completeness, not implying it reflects current practice.
Affiliate Disclosure: The Robotic Trader has no affiliate or referral relationship with this EA or its developer. We earn nothing whether you buy it or not.

Frequently Asked Questions

Why is NightVision Not Recommended despite such a long track record?
Because of what that record actually shows. Across 7,205 trades the account produced $217.05 in net profit — an expected payoff of three cents per trade — on a balance that started at $100 and stood at $316.58 on 10 September 2026. The EA costs $590. On top of that, MQL5's own monitoring records that 80% of the signal's total growth arrived within six days out of 2,115 trading days, and the profit factor stood at 1.05 on the same date. A long track record doesn't guarantee a good one, and this is the rare case where a genuinely transparent history is what makes the problem visible.
How much does NightVision cost?
Checked on 10 September 2026, the MT5 version was listed at $590 to purchase, or $249 for a one-year rental, including five activations. The signal itself can also be copied for $35 a month. Prices on the MQL5 Market change, so confirm the current figure on the official product page.
What account size does the verified record use?
$100 at inception, standing at $316.58 as at 10 September 2026, with no further deposits. That matters more than it might sound. The developer's own guidance is 0.01 lots per $400 of deposit, so a $100 account trading 0.01 lots ran at roughly four times his recommended sizing — which plausibly explains why drawdown reached 48.38% against his stated ~50% worst case. It also means the record demonstrates that the strategy functions, not that it produces meaningful returns at a size worth trading.
What would change this verdict?
Three things, published so you can hold us to them: a sustained profit factor meaningfully above 1.20 rather than near 1.05; growth accumulating steadily instead of concentrating into a handful of days; and a verified live record on an account of meaningful size showing returns survive realistic execution costs. We re-verify every published review quarterly, so if those appear, the verdict moves.
Does NightVision use martingale or grid trading?
No — this is consistently and explicitly disclosed by the developer across all materials, with a stop loss and take profit on every trade, and it is consistent with what we observed in the trade data. Strategy transparency is a genuine strength of this EA.
What is the maximum drawdown of NightVision?
Two figures, both from the live signal: 48.38% by balance and 28.60% by equity, recorded 13 August 2026 and unchanged as at 10 September 2026. The developer discloses approximately 50% maximum historical drawdown himself, directly in the signal description — close to the balance figure, and stated upfront rather than buried.
What currency pairs does NightVision trade?
Nineteen pairs, led by USDJPY, EURCHF and USDCHF, with EURCAD, GBPUSD, EURGBP, AUDNZD, NZDUSD, GBPAUD, GBPCHF, EURAUD, EURNZD, GBPCAD, EURUSD, AUDJPY, AUDCAD, CHFJPY, AUDCHF and USDCAD making up the rest. It averages six trades a week with an average holding time of 15 hours. Worth checking before running it alongside another EA — overlapping pairs can create correlated exposure that neither strategy accounts for.
How much does slippage matter for this EA?
A great deal. The signal's own records show slippage running between 1.00 and 1.74 pips across most broker samples, against an expected payoff of three cents per trade. When execution costs sit in the same range as the average edge, the broker you use and the spread you pay can plausibly determine whether the strategy is profitable at all. The developer recommends ECN accounts with low spread and commission, which is consistent with that.
Does the developer have other signals or accounts?
Yes, two — we checked both. The second has been continuously and publicly promoted for years, and we found no evidence of hidden or selectively-reported accounts.
What do buyers say on the MQL5 Market?
The MT5 listing carries a 4.44 out of 5 rating from nine reviews, with 1,907 demo downloads, as at 10 September 2026. We record marketplace ratings as context rather than independent verification, since they sit on the same page as the product being sold. We found no coverage on ForexPeaceArmy, Trustpilot or Myfxbook.
What broker does NightVision require?
The verified live signal runs on ICMarketsSC-MT5 with 1:500 leverage, per the MQL5 signal page. The developer recommends ECN accounts with low spread and commission. That is the account the signal was recorded on, not a requirement of the EA itself.
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