Euro Hunter

1

EURO HUNTER - NO Martingale - NO Hedging - NO Risky trading strategies!!!! --------------Just IN and OUT--------------


Hunter uses RSI 2-Period strategy to open a position. After opening a position it follows the price with trailing stop loss.

 

Important!

Euro Hunter is a fully automated Expert Advisor. It is designed for market conditions after 2017. All screenshots belong to backtests with EURUSD H1 timeframe since 01 January 2018.


Hunter is based on three main steps: Open a new order, follow the price and if needed update stoploss level.

  • This MQL4 Expert Advisor is an adaption of the trading strategy made famous by trading legend Larry Conners. 

  • The EA essentially buys on the dips and sells on the rises. 

  • Buy Signal: Current candle is above the 55 EMA RSI 2 period is below 10 

  • Sell Signal: Current candle is below the 55 EMA RSI 2 period is above 90 


Warning! 

ECN brokers are highly recommended for users to maximize the profit.

Recommendations

  • EA Settings: Use the default parameters.
  • Symbol: EURUSD is suggested.
  • Timeframe: H1 is suggested.
  • Brokers: ECN brokers, low spread/commission, non-FIFO or FIFO.
  • Trading Condition: Ranging.
  • Minimum Deposit: $100.

!!! Important Note: Before back test, be sure the history data downloaded fully and correctly !!!

Parameters

  • Lots - Initial volume to open positions.
  • MaximumSpread - Limits to open new positions with high spread symbols.
  • MaximumLongPositions - Limits to open new long positions. For each bar a new position can be opened until the number of the positions reaches the defined limit.
  • MaximumShortPositions- Limits to open new short positions. For each bar a new position can be opened until the number of the positions reaches the defined limit.
  • StopLoss: This parameter defines the initial stoploss level.
  • TrailingStop: For each pips of defined TrailingStop move, Hunter updates the stop loss level.
  • TrailingStep: For each stop loss update, Hunter updates the stop loss level with the pips of defined TrailingStep behind.
  • Comments: Defines the comment for each position opened by Euro Hunter.
  • MagicNumber: Defines the magic number for each position opened by Euro Hunter.

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Real monitoring :  XAUUSD__BTCUSD__ M30__SL3 Real monitoring :  XAUUSD M30 SL2 For more information, please contact us via private message or in   the mql5 group. THERE   ARE   ONLY  5   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  450   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  649   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactl
Level Up FOREX ea MT4
Ebrahim Mohamed Ahmed Maiyas
5 (1)
Experts
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing   FOREX   . It adapts to price movements and market fluctuations to detect potential trading opportunities. Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex patterns in  FOREX  price data. The system continuously processes historical and live   FOREX  price feeds to identify potential entry and exit points
Quantum Dark Gold
Nguyen Hang Hai Ha
3.13 (8)
Experts
Quantum strategy is a combination of quantum superposition and trading signal model. EA Quantum Dark Gold determines Buy and Sell positions simultaneously for each signal and simultaneously places 2 orders Buy Stop and Sell Stop. Then the momentum determines which order position is executed and cancels the remaining pending order. This interesting idea forms the Quantum Dark Gold with a unique entry method. Open positions are then managed by Trailing, Stop Loss and position balancing strategies
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Pompalamasyon
Safa Erden
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Definition Pompalamasyon is a fully automated trend trader that performs best on  1 Hour   EURUSD  Chart. This EA uses  Simple Moving Average Indicator ,  Stochastic   Oscilator, RSI and  Ichımoku to define the trade direction and sends an order. While sending an order the EA sets the take profit and stop loss points. Pompalamasyon is not a scalper. There are no risky hedging or martingale strategies used. Recommendations EA Settings : Use default settings. Symbol : EURUSD. Time Frame :H1. Broke
Wait and See
Safa Erden
Experts
Wait & See Wait & See is a fully automated Expert Advisor. No manual trading is suggested. All screenshots belong to backtests with EURUSD H1 timeframe. WARNING: Wait & See  uses 1,2,3,4 and 5 as magic numbers. If you are using other Expert Advisors to send orders at the same time with  Wait & See , do not use these preserved magic numbers for other orders. Wait & See  is based on three main steps: Open a new order, martingale if needed and take profit. Open new order:  Wait & See uses the MAC
Hedge Guru
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Experts
Hedge Guru is a full automated Expert Advisor that can work on all timeframes with  all currencies . 1 Hour timeframe and major currencies recomended. It simply uses the combination of martingale and hedging strategies with stop loss to reduce the risk. MaximumLevel Parameter defines the point to close an order with loss. Attention: For targeting more profit with HEDGE GURU , using high lot size is not recommended, for targeting higher profits, HEDGE GURU should be used on multiple currencies
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Nur
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Nur 2020.06.18 16:07 
 

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