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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Aurum AI – The Power of Artificial Intelligence for Gold Trading (XAU/USD) Experience the full potential of technology in trading! Aurum AI is a groundbreaking expert advisor designed for stable and secure performance in the gold market. It combines the power of artificial intelligence, precise trend analysis, and strict risk control to make every trade as effective as possible. Promotion Discount - 40%. 3 copies available at a price of   $275 Bonus for Aurum AI – exclusive GoldPrime AI advisor
Gold Throne MT4
DRT Circle
4.5 (2)
Experts
Gold Throne EA – Non-Martingale Grid Trading System for Gold (XAUUSD) The   Gold Throne EA   is a Expert Advisor designed exclusively for   Gold (XAUUSD)   trading. It operates on a structured   grid trading methodology   while avoiding the use of   martingale   money management. Instead of increasing lot sizes exponentially after losses, the EA uses a fixed or incrementally adjustable lot sizing approach, giving traders greater control over exposure and risk. By removing martingale logic, Gold
Bitcoin Fear and Greed Scalper MT4
Connor Michael Woodson
5 (1)
Experts
Bitcoin Fear & Greed Scalper - Real Time Bitcoin Sentiment Analysis From the Internet One of the greatest traders of all time lived by the principle to "Buy when others are fearful and sell when others are greedy". It is with this proverb in mind that Bitcoin Fear & Greed Scalper operates. The Bitcoin Fear and Greed Index is a comprehensive analysis of all societal factors affecting the Bitcoin market summed up in one easy to read number. It automatically scans the most reliable fundamental-base
HFT Fast M1 Gold Scalper V8 EA
Martin Alejandro Bamonte
5 (1)
Experts
ULTRA-OPTIMIZED VERSION – MT4 HFT FAST M1 GOLD SCALPER V8.2 , in its MT4 version, is the most powerful, stable, and refined release to date. HFT is a high-frequency scalper that trades exclusively on Gold (XAUUSD) on TF: M1, executing a large number of trades daily. It supports leverage up to 1:500 and operates with very reasonable lot sizes for a true scalping strategy. Because of this, it requires dedicated scalping accounts (RAW or ECN). ICMarkets is the recommended broker, especially its RAW
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Pompalamasyon
Safa Erden
Experts
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
Safa Erden
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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