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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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Segnale Live-1: Clicca qui Versione MT5: Clicca qui Ottieni Quantum Algo EA gratuitamente (per 2 conti di trading) -> contattami dopo l'acquisto Benvenuto in Nasdaq Algo Trading Questo EA (Expert Advisor) è creato e progettato da un team con oltre 13 anni di esperienza in programmazione e trading. L'EA si concentra sullo sviluppo di un sistema in grado di fornire profitti stabili e a lungo termine. Utilizza strategie senza rischio, evitando metodi come Martingale, Grid e Hedging, così com
# Neon Trade MT4 La nostra comunità Telegram Presentiamo al vostro attenzione Neon Trade - un'innovazione unica nel campo del trading algoritmico sui mercati valutari, utilizzando metodi avanzati di machine learning.  Il nostro consulente è completamente autonomo e pronto per funzionare dopo averlo installato su qualsiasi grafico e time frame. Funziona sul principio - appeso al grafico e dimenticato. L'unica cosa che devi fare è consentire l'accesso alla mia API " https://xmpp.madsysadm.ru " ne
Candle EA MT4
Mansour Babasafary
4.43 (49)
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs Attributes: Can be used in the EURUSD, GBPUSD, AUDUSD, USDCAD  currency pairs Can be used in M30, H1, H4 time frames Has profit limit an
Network AI
Vasiliy Strukov
4.84 (167)
La rete  è un sistema avanzato che utilizza la potenza dell'intelligenza artificiale e delle reti neurali per analizzare i dati macroeconomici rilasciati durante le notizie e prendere decisioni di trading basate su di essi. L'Expert Advisor utilizza un'uscita di notizie per il trading e quindi non può essere testato nel tester di strategia. Per abilitare Exercise Advisor for work, seleziona l'opzione " Consenti WebRequest "e aggiungi    https://sslecal2.investing.com/    https://www.worldtime
Gold Trading Algo
Ho Tuan Thang
3.53 (15)
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
Quantum Algo Trading MT4
Lo Thi Mai Loan
5 (8)
Sono rimaste solo 2 fotocopiatrici a questo prezzo, il prossimo prezzo è $1533 Controlla i risultati live qui: Segnale personale da $50K:   [Clicca Qui] Segnale live da prop firm:   [Clicca Qui] Versione MT5 disponibile qui:   [Clicca Qui] Benvenuto nel   Quantum Algo Trading MT4 EA . Questo EA è progettato per essere più di un sistema meccanico; sarà il tuo compagno nel tuo percorso di trading per tutta la vita. L'EA utilizza un sistema di breakout con un algoritmo ottimizzato da qualcun
Diamond PRO
Fanur Galamov
4.83 (18)
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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.