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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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Mohamed Hassan
4.8 (20)
*New update V.2 for Top G where it uses stable mode! Current price of $50 for 2  more copies! Next price is: $85 Live Signal : Click here  -- Don't buy a fake backtest, get a real strategy on a real signal!  After purchase, If you genuinely like this robot, you can receive EA Interceptor for Free ! Contact me for more information regarding this BONUS ! EA TOP G  is a multi-currency expert advisor  based on trend following . It uses a hedge system with a very good risk management. It's an
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
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
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lizhi fu
4.67 (48)
TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ
Ai Hybrid Robot MT4
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
Gold Trade Pro
Profalgo Limited
4.61 (23)
Lancer la promo ! Plus que quelques exemplaires à 449$! Prochain prix : 599$ Prix ​​final : 999$ Obtenez 1 EA gratuitement (pour 2 comptes commerciaux) -> contactez-moi après l'achat Ultimate Combo Deal   ->   click here New live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro rejoint le club des EA de Gold trading, mais ave
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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
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Version 2.0 2018.12.06
Corrected some minor mistakes. Magic Number as input.