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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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Mansour Babasafary
5 (3)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
XG Gold Robot MT4
Marzena Maria Szmit
4.48 (25)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Advertencias El EA contiene un máximo de 6 puntos de entrada, el tamaño del lote de cada transacción es igual al tamaño del lote de la orden multiplicado por 6, por lo que tenga en cuenta no usar un tamaño de lote demasiado grande. La forma de cálculo del tamaño del lote predeterminado no es el porcentaje de capital. Nuestro método de cálculo predeterminado no se ve afectado por el apalancamiento, lo que permite controlar el riesgo con mayor precisión. Se recomienda utilizar un capital de $1000
CyBRG RX Mt4
Arseny Potyekhin
5 (4)
Presentando CyBRG RX: El Asistente de Trading de Próxima Generación Adéntrate en el futuro del trading con CyBRG RX, tu compañero de trading de última generación diseñado para mejorar tu experiencia de trading. Aprovechando el poder de las redes neuronales avanzadas, CyBRG RX está diseñado para analizar y adaptarse a las cambiantes condiciones del mercado con una precisión inigualable. Señales:   Señal en vivo 1 Señal en vivo 2 Debido a que esta estrategia es tan única, solo quiero vend
Smart Funded Hft
Barbaros Bulent Kortarla
5 (62)
Smart Funded EA es un asesor experto diseñado para pasar los desafíos HFT de firmas prop que permiten su uso. ¿Qué firmas prop HFT puedo usar? Ha sido probado en casi todos los desafíos HFT de firmas prop con un 100 % de tasa de éxito, como Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Funds, Tradicave y todos los demás desafíos MT4 permitidos por HFT. ¿Qué firma prop HFT
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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 s
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 wi
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Versión 2.0 2018.12.06
Corrected some minor mistakes. Magic Number as input.