Pips Hunter Robot
- Experts
- Ekaterina Saltykova
- Version: 1.7
- Activations: 5
This EA is based on Grid Martingail method, and it has made a huge evolution with this method of trading.
It does not use directly the "classic" Grid Martingail method. EA waits exact points to add new orders in case of initial order goes loss direction. It has smart method to define follow up position points, that allows EA to stand up HUGE one side market's price direction. During high - impact News, highg-volatility time most of Grid systems, if it was not turned off, successfully blows traders accounts, instead of this Pips Hunter in automated mode, avoids this time and gains it's positions during flat, choppy market. Simply saying, this EA almost never add multiplier lots during crazy market. During this time EA "sleeps" and only works with existed orders. After the market becomes choppy / flat again EA averages positions and closes orders with common profit. In addition, EA has several usefull instruments and in case of loosing deposite, EA has tools to minimize loss as less as it possible. EA is ready to almost every market situation. And Pips Hunter EA provides that smart Grid Martingail can be stable way of long-term trading.
How it works ?
After EA was created in first version, EA has undergone many changes, and now EA has only proven usefull tools for comfortable trading. In fact EA can be used on any market, it simply can be adapted to most of different markets conditions. If we seriously talking about Grid Systems, then the most important factor for this kind of systems must be ability to survive during high impact news, ability to survive at least 5-7 years with out loss.
Pips Hunter EA can be optimized in few time(by open prices in strategy tester, every tick method will have similar results !), to most of markets, surviving really huge periods with out huge loss.
EA has 3 build-in behavior strategy. Two more agressive and last one is conservative.
1) RSI Grid Strategy, that uses RSI filter to avoid Volatility time.
2) Time Strategy - EA opens separate orders during the daily session (up to 6 separate initial orders equal to 6 daily sessions 0:00,4:00,8:00,12:00,16:00,20:00) EA, using this type of behaviour, works at the same time with 6 separate orders and add new orders only 1 per daily session at exact time. In other words, every of 6 orders opened in it's time is supported by follow up orders once per 24 hours.
It allows to avoid intraday trend. By the way, during this 24 hours, EA looks best points to close trades with profit, and only if this does not happen - EA can add follow up orders.
3) Trend Strategy with enabled RSI filter - the most safe strategy. EA, using this method, join market with already existed trend movement and also uses RSI filter, like in first strategy.Combining these options (Counting Trend movement and RSI filter) - allows EA to make comfortable trading with minimal drawdown.
RSI filter does not allow to ramp up drawdown in Volatility time.
EA sticks the strategy - to work on choppy and flat market, and almost "sleep" during crazy market.
When RSI Filter detects overbought or oversold level is crossed, it restricts EA to create any other actions exept working with existed orders. RSI Filter in this case enables "cooldown" time, if during this "cooldown" time RSI Filter detects another overbought/oversold cross, then RSI filter extends this "cooldown" time. It will restrict to open new positions until market becomes calm. In fact many tests proves that it allows to avoid most of volatility time.
EA has usefull tool for fixing profit : if you have aim not to use in trading created profit, this block of options will help you. You can just enable "Save Profit" and all incomming / created profit will be saved, EA will not loose it anyway.Save_Profit - Allows or Forbid EA to hold Profit. This Profit will not be lost. Please note,one important moment, EA checks this option at every new open. Example : Initial Deposit = 1000; Current deposite (after few trades) = 1500; Saved_Money = 500; On Next open bar Balance Equity = 450; EA closes all trades in this case and saves 450, not 500; 500 - is the level, EA takes actions if Equity at Open of New Bar is behind this level.
Download EA set file for testing and EA inputs description here in Comments
Thanks for watching!
