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The Predator

The Predator 

The Predator is a trading robot that uses a combination of various custom indicators designed to characterize trends.  The Predator uses 2 take profit and stop loss levels.  The Predator continually monitors the market after an order and will seek to close the order at MinimumTakeProfit under imminent unfavorable conditions otherwise it maintains the position until MaximumTakeProfit is attained.  When the price moves past the minimum stop loss level a second compensating order is opened.  The Predator was adapted for the GBPUSD chart but in principle can be optimized for use on any symbol chart.


Description Of Important Parameters


LotIncreaseFactor: 
This parameter controls the size of the compensating trade in the trend model.  This factor increases the Lots to compensate for an existing trade.  Ideally this parameter should be set to a high value, above 10.
MaximumTakeProfit:
This is the level at which The Predator will close if no adverse market conditions are encountered.
MinimumTakeProfit: 
The Predator will try to close at this level when it encounters adverse market conditions.
MaximumTrailingStop: 
The maximum stop loss.
MinimumTrailingStop: 
If adverse market conditions are encountered and minimum stop loss level is passed, then The Predator will open the compensating order.  
EnvelopePeriodParameter:     
This is the period used to in the envelope indicator.
SaturationIndex:      
Trend parameter.  Recommended values are between 50 and 200.
ReversalIndex:         
Trend parameter.  Recommended values are between 5 and 80.  
HedgeParameter:
Used to characterize the market condition for engaging a compensating order.  Recommended values are between 0.1 and 1.0.
TrendConfidenceParameter:
Medium probability trend parameter.  Recommended values are between 0.3 and 1.0.
TrendContinuationParameter:
Medium probability trend parameter.  Recommend values are between 0.05 and 0.5.
UseMultipleFrames:
(VERY VERY IMPORTANT!!) MAKE SURE THAT UseMultipleFrames is set to Yes. 
 HedgingAllowed:
(VERY VERY IMPORTANT!!)  The Predator depends indispensably on the ability to hedge.  Use only brokers that allow hedging.  Set this parameter to Yes in order for The Predator to employ hedging in its trades.


Recommendations

  • 15 minute chart(Strongly Reccomended)
  • High value of LotIncreaseFactor.
  • The parameter UseMultipleFrames must be set to Yes(Very Strongly Recommended).
  • Account that allows hedging.(Very Very Strongly Recommended).

The Parameters

MAGICNUMBER  Magic number.

Lots   Lot size.

MaximumTakeProfit    The maximum take profit in points.

MinimumTakeProfit  The minimum take profit in points.

MaximumTrailingStop  The maximum trailing stop loss in points.

MininumTrailingStop  The minimum trailing stop loss in points.

EnvelopePeriodParameter Period of the envelope indicator.

SaturationIndex  Parameter for the trend model.

ReversalIndex  Parameter for the trend model.

HedgeParameter Parameter connected to the trend model that sets hedging criteria.

TrendConfidenceParameter Parameter connected to the trend model.

TrendContinuationParameter Parameter connected to the trend model.

UseMultipleFrames Use multiple frames in computations(Strongly Recommended to use multiple frames).

HedgingAllowed Set to Yes if Broker allows hedging(Account that allows hedging is Strongly Recommended).

EnableWeekendTrading Enable Weekend trading.

FridayStopTime Friday stop time.

MondayStartTime Monday start time.

 




























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EA Forex Scalping es un Asesor Experto diseñado específicamente para tres pares de divisas principales: EURUSD, USDJPY y GBPUSD. Señales Solo queda 1 copia de 10 a este precio. Próximo precio: $298 Disponible para MT4 y MT5 Combinación recomendada: Se recomienda usar en conjunto con   EA US30 Scalper   y   Nasdaq Algo   para una inversión diversificada. No usa grid, martingala, IA, redes neuronales ni arbitraje. Cada operación tiene un Stop Loss (SL) fijo, que varía según el par. El beneficio s
Aureus Quantum surge - h1: liberar el potencial del comercio automático de oro Limited Time Offer: Special Offer: Current Price $799 (Limited Time)! Next price: $899 Señal de cuenta real: https://www.mql5.com/en/signals/2297864?source=Site + Perfil + vendedor Resumen Aureus Quantum surge - H1 es un consultor experto de última generación diseñado para comerciar xausd (oro) durante el período h1. Combina múltiples indicadores técnicos con técnicas sólidas de gestión de riesgos para proporcion
AW Recovery EA
AW Trading Software Limited
4.35 (82)
El Asesor Experto es un sistema diseñado para recuperar posiciones no rentables. El algoritmo del autor bloquea una posición perdedora, la divide en muchas partes separadas y cierra cada una de ellas por separado. La configuración fácil, el lanzamiento retrasado en caso de reducción, el bloqueo, la desactivación de otros asesores expertos, el promedio con filtrado de tendencias y el cierre parcial de una posición perdedora están integrados en una sola herramienta. Es el uso de cierre de pérdida
Gold Fighter MT4
Thi Ngoc Tram Le
5 (3)
Cuenta operando solo Gold Fighter Oferta limitada: Solo quedan 3 plazas a $ 324 . Después, el precio aumentará a $424. Después de la compra, por favor haz una pregunta si necesitas la guía de instalación o soporte técnico. Descripción: Gold Fighter MT4 es un Asesor Experto diseñado específicamente para operar Oro (XAU/USD) con un filtro de tendencia para optimizar las entradas. Construido con un enfoque en la estabilidad, este EA evita estrategias de alto riesgo, ofreciendo un enfoque práctico
Otros productos de este autor
Multi Period EMA A trend indicator based on the exponential moving average. Keeping track of multiple EMA is a more effective way of detecting possible trend development. This indicator allows for the setting of as many as 6 different EMA periods.  Unused period parameters can be set to zero to exclude the particular EMA from being displayed on the chart. Features Up to 6 EMA displayed on chart. Option to select high EMA and Low EMA in order to detect crossovers Alert in event that change in sl
Probability Model Probability Model is an EA that uses a model that estimates the probability that the price will move in a given direction.  The model identifies from the price history of a symbol variables that are used to determine the likely direction of price action.   In the event that the price action contradicts the predicted direction, the EA engage a hedge. Only when the probability of the price of the symbol to go in a given direction is computed to satisfy the required condition wil
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Versión 2.0 2018.12.06
Corrected some minor mistakes. Magic Number as input.