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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
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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 & 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 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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