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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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Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Scalper Dragon
Van Hoa Nguyen
4.71 (34)
Scalper Dragon is a scalping robot developed for GBPUSD, USDCHF, EURAUD pairs. The current version adds a few features that increase system consistency. Trade with the scaling strategy on the M5 timeframe. Orders always come with stoploss, fixed takeprofit.  SETFILE Download  Scalper dragon version 3.8 is the latest version upgraded and added features such as: option to close orders early to avoid stoploss, add magic number to manage orders, add comments and add RSI oversold, overbought conditi
The Gold Reaper MT4
Profalgo Limited
4.55 (29)
PUNTELLO AZIENDA PRONTO!   (   scarica SETFILE   ) PROMOZIONE LANCIO: Sono rimaste solo poche copie al prezzo attuale! Prezzo finale: 990$ Ottieni 1 EA gratis (per 2 account commerciali) -> contattami dopo l'acquisto Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal Benvenuti al Mietitore d'Oro! Basato sul Goldtrade Pro di grande successo, questo EA è stato progettato per funzionare su più intervalli di tempo contemporaneamente e ha l
Ai Multi Trend MT4
Mansour Babasafary
5 (2)
Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(with the latest methods of the world) With world-class settings, can be used in different accounts and different brokers and the low
Bitcoin Expert
Elif Kaya
5 (1)
-   Real price is 1000$   - Limited Discount (It is now 399$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam Bitcoin is a cryptocurrency, a peer-to-peer digital currency that operates independently of a central governing authority . Bitcoin enables direct transactions between users, secured by cryptographic technology and recorded o
Yarukami Mnukakashi EA
Aleksandr Kazmirchuk
5 (4)
Yarukami Mnukakashi is an automated trading advisor designed for traders in the Forex market. Key Features: Strategy type: 24-hour trading, but I recommend avoiding the American session and setting a daily take of $30-40 per 0.01 lot. Can work in one direction or both at once independently of each other. Trading instruments: GOLD Timeframes: M1 Algorithm: uses technical analysis with moving average indicators, Bollinger and Momentum. Risk management: there is a function to forcibly close order
Z4scalp
Cence Jk Oizeijoozzisa
2.75 (12)
-------------------------------------------Presentazione: Z4SCALP------------------------------------------------- Z4SCALP è un robot di trading avanzato che ha uno SL per trade, SL molto piccolo, progettato senza martingala. Offerta esclusiva: acquista un prodotto e ricevi l'ltro GRATIS! Le altre tre versioni sono disponibili gratuitamente ------------------------------------------------------------------------------------------------------------------- Se non ti fidi della strategia di prova
SEGNALI IN TEMPO REALE Benvenuto in Gold Trend Scalping PROMOZIONE DI LANCIO: Prossimo prezzo: $453,99 Prezzo finale: $1993,99   Gold Trend Scalping è il primo EA che ho progettato specificamente per l'oro. L'EA utilizza una strategia di trading seguendo la tendenza, basata su timeframe più grandi. Utilizza un super trend per rilevare la tendenza principale del timeframe più grande e poi apre operazioni su timeframe più piccoli. L'EA utilizza sempre uno stop loss fisso per ogni operazione, impo
Altri dall’autore
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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Versione 2.0 2018.12.06
Corrected some minor mistakes. Magic Number as input.