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Golden Hunter MT5

FREE

Published: 13 January 2023

Current version: 1.10

Golden Hunter MT5

Name: Golden Hunter MT5
Rating: 4.8333335 (6 reviews)
Author: Rodrigo Arana Garcia

4.83

Indicators
Rodrigo Arana Garcia
Version: 1.10
Updated: 24 February 2023

MT4 Version

Golden Hunter has been developed for traders who trade manually in the markets. It is a very powerful tool consisting of 3 different indicators:

Powerful entry strategy: Formed by an indicator that measures the volatility of the currency pair and identifies the market trend.
LSMA: Smoothes the price data and is useful to detect the short term trend.
Heikin Ashi: Once the indicator is attached to the chart, the Japanese candlesticks will change to Heikin Ashi candlesticks. This type of candlestick smoothes the price information, which allows solid trends to be detected.

Features

No repainting	This indicator does not change its values when new data arrives
Trading pairs	Pairs with very low spreads and which are volatile (EURUSD, GBPUSD, BTCUSD...). It is not recommended to use range pairs
Time period	M5
Trading time	It is preferable to trade during daylight hours when there is more movement in the markets and spreads are kept low

Requirements

It is mandatory to use an ECN broker with tight spreads for scalping positions.

How to install

Attach the indicator to the preferred trading pair (Time Period M5).

Configuration

The default setting is the most effective I have found for 5 minute time frames.

You can use a setting that best suits your trading mode.

How to use it

It is very simple to use (explained in pictures): The indicator will show buy and sell signals as the price moves.

A buy position should only be opened when the signal (arrow) is above the white line.
A sell position should only be opened when the signal (arrow) is below the white line.

When to close the trade: Two methods can be used.

When the candles cross the white line.
Using an extra indicator that draws supports and resistances, closing the trade when both supports and resistances are reached. (In a future update I will try to add this functionality to the indicator).

Warnings

I only sell my EA's on MQL5.com. If someone contacts you to sell you my EA's, then they are scammers who only want your money.

Also if you buy my EA's from an external website, I assure you that they will be fake versions and will not work the same as the originals.

more...

180

Long Li 2024.10.23 09:05 #

Hello, I like this indicator very much, thank you for your creation, because I can't keep staring at the computer, so I urgently need an email reminder function, and prompt its entry point and take profit point, can you please add, thank you.

2698

Detleff Böhmer 2024.10.17 09:19 #

Ein ausgezeichneter Indikator für M5. Sehr gute Arbeit, danke.

2164

Rafal Krzysztof Manuszewski 2024.10.05 16:45 #

good

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5/10 copies at 30$ ---> next 50$ // MT4 version Forex Vigor is a technical indicator that assesses the momentum strength of the 8 primary currencies (EUR, GBP, AUD, NZD, USD, CAD, CHF, JPY). The indicator relies on mathematical calculations that measure the lack of correlation among 28 currency pairs. To calculate their values, it analyses the percentage difference between the closing prices using the Linear-weighted averaging method (LWMA) plus a statistical system that eliminates values tha

30 USD

Top Bottom Tracker is an indicator based on sophisticated algorithms that analyse the market trend and can detect the highs and lows of the trend / MT4 version . The price will progressively increase until it reaches 500$. Next price --> $99 Features No repainting This indicator does not change its values when new data arrives Trading pairs All forex pairs Timeframe All timeframes Parameters ==== Indicator configuration ==== Configuration parameter // 40 (The highe

65 USD

Pips Hunter PRO has been developed over several years and is an improved version of its predecessor. This powerful indicator analyzes the market and price history to generate buy and sell entries. For the calculation of these entries it uses different indicators that work together as well as a complex statistical logarithm that filters out less favorable entries and eliminates them / MT4 version . The price will progressively increase due to the constant search to maintain a high level of e

30 USD

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180

Long Li 2024.10.23 09:05 #

2698

Detleff Böhmer 2024.10.17 09:19 #

Ein ausgezeichneter Indikator für M5. Sehr gute Arbeit, danke.

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Reply from developer Rodrigo Arana Garcia 2024.10.17 10:14 #

Thank you for your good review !

2164

Rafal Krzysztof Manuszewski 2024.10.05 16:45 #

good

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Reply from developer Rodrigo Arana Garcia 2024.10.17 10:14 #

Thank you Rafal !

151823122 2024.08.16 09:16 #

Very nice indicator, Thank you.

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Reply from developer Rodrigo Arana Garcia 2024.10.17 10:13 #

Thank you for your feedback !

mikicharm101 2024.07.27 12:07 #

nice indicator.. pls can u add notifications to mobile 📱

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Reply from developer Rodrigo Arana Garcia 2024.10.17 10:13 #

Thanks, I will plan to update it

115

Grzegorz Miks 2024.07.03 19:55 #

Very good product, works great with a grid bot under constant supervision. Works best with medium volume.

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Reply from developer Rodrigo Arana Garcia 2024.07.04 09:24 #

Thank you for your good review !!!

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RKE 2023.01.21 04:31 #

User didn't leave any comment to the rating

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Reply from developer Rodrigo Arana Garcia 2023.01.21 10:18 #

Thanks for support my products RKE, enjoy it :)

Version 1.10 2023.02.24

A new alert function has been added at the request of a customer to the indicator. Now each alert will show the symbol from which it originates.