Liquidity Hunter EA

Liquidity Hunter EA is a fully automated expert advisor which uses an advanced breakout algorithm based on a combination of "Liquidity zones" and "Market inefficiencies".

Recommendations 

• Minimum deposit (100$).
• Timeframe (H1).
• Pairs (XAUUSD, USDJPY, EURUSD).
• Broker, Account type, Leverage (Any broker, any account type with tight spreads and low commissions, leverage 1:100 or higher).
• VPS 24/5 with low latency.

 Parameters

 =====Trading conditions=====

- Maximum spread (points).

- Maximum slippage (points).

 =====Algorithm=====

- X bars (the first logic for identifying highs and lows, lower value more trades but less quality).

- Use turning points (if turned "ON" the EA uses the second logic for identifying highs and lows * you are free to use x bars or turning points).

- Depth (for turning points, lower value more trades but less quality).

- Minimum IMB distance (points, lower value more trades but less quality).

- IMB shift.

- Cancel previous order (if turned "ON" the new buy stop cancels the previous buy stop and the new sell stop cancels the previous sell stop).

- Open multiple orders (only if cancel previous order is turned "OFF", turning "ON" this option allows the EA to place orders whenever it finds a setup and turning "OFF" this option prevents the EA from placing orders until the current buy stop or sell stop expire).

- Minimum distance between orders (points).

- Order shift (points, shift pending orders (above + or below -) highs and lows).

=====Risk management=====

- Risk mode.

- Fixed lot.

- Balance percent % .

- Stop loss (points, recommended 200 - 500 points).

- Take profit (points).

- Trailing stop trigger (points, how many profit points to activate the trailing stop loss).

- Trailing stop (points, trail the stop loss every x points).

- Trailing step (points, distance between the current price and the trailed stop loss).

- Exit on IMB ( "new feature" unique exit method to limit loss * optional but very effective).

- Lower TF for exit on IMB (use M1 or M5 TFs).

- Minimum IMB distance for exit (points).

=====Time control=====

- Order expiration time (hours).

=====EA=====

- Magic number.

Note. select risk mode and set your desired risk, you can modify some parameters as i explained at the parameters section, no set file needed.

Be the Hunter, Not the Hunted!

.. Be a "Liquidity Hunter"