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Red Hawk EA

4.22

NEW PROMO:

  • Only a few copies copies available at 349$
  • Next price: 449$
Make sure to check out our "Ultimate EA combo package" in our promo blog!

Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market.

It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD.

Recommended timeframe: M5


Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker.

IMPORTANT FOR AUTOGMT: Add the address 'https://www.worldtimeserver.com/' in the list of allowed URLs on tab 'Expert Advisors'

Recommended broker: ICMarkets.com or Alpari.com

Recommended VPS: 4xhosting.com


The EA already has a live track record of many months of stable trading with low drawdown. (check comments page for updates on live performance)

The strategy uses a safety stoploss and takeprofit for each trade, and multiple trailing stoploss techniques are implemented to minimize the risk and the maximize the profits.

This EA does NOT use any risky trading techiques like grid or martingale.

The EA runs fully automatically and does not require any manual interventions.  It utilizes many internal filters, to make sure it will not trade when the markets are not ideal (like big spreads, or "hectic" markets).  However, I do recommend to turn off the system on extreme news days, like US Elections for example.

IMPORTANT:  The EA only trades during the quite times of the night (around rollover time)


Setup:

The EA is very easy to set up.  Simply run the EA on a M5 chart for each of the supported currency pairs.  And select your risk.

You do not need any .set files, as all the settings are stored internally in the EA for the optimized pairs.

You may have to change the GMT setting, if your broker uses a different GMT offset than:

  • GMT offset winter = +2
  • GMT offset summer = +3

This GMT offset is mostly used by brokers.  However, if your broker uses different GMT offsets, you must change the "GMT offset (winter)" parameter, to the value that your broker uses during winter.  If you are unsure, please check with me.  It is important that the EA trades at the correct hours.


The risk can be set as follows:

  • by default the EA uses a fixed lotsize of 0.01lots.  You can change the fixed lotsize by change the parameter "StartLots"
  • You can also select an automatic lotsize, either by balance, or by risk per trade
  • Lotsize by balance: the EA will use 0.01lots for every X amount of balance (set in the LotsizeStep).  So a lotsizeStep=250 would mean: 0.01lots for each 250$ in the account.  At 500$, the EA will trade at 0.02lots and so on.  For Low Risk, use LotsizeStep=250.  For Medium Risk, use LotsizeStep = 125.  For High Risk, use LotsizeStep = 60. (Please adjust these numbers if you are running in different currency than $/€)
  • Lotsize by risk: you can set the "Maximum" risk per trade.  This mean that if the initial SL would get hit, it would be a maximum loss of X % of the balance.  The initial SL is almost never hit though, since the trailingSL will kick in almost immediately.
  • For predefined low/medium/high risk sets, you can check our this post: https://www.mql5.com/en/market/product/54229#!tab=comments&page=2&comment=18933463


Remember: Trade only with money that you can afford to lose.  Historical performance is never any "guarantee" for future performance.  Always start trading with a demo account, or low risk setup, to make sure this kind of strategy is what suits your trading style.















































Bewertungen 20
thatwazmysn
74
thatwazmysn 2022.01.09 04:42 
 

I have been using this EA for one year. It doesnt trade a lot and is very slow. But it is very consistent and low drawdown. I just set it and forget it.

zzwyzwy
99
zzwyzwy 2021.10.06 11:51 
 

EA is currently running well and looks forward to long-term stable performance!

Paslariu Marius
150
Paslariu Marius 2021.07.07 07:57 
 

Absolutely great,with medium risk settings it avereges about 3% profit per month and with a very low DD . Support from Win is amazing and nearly instanteneous during day time (Europe)

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Launch promo! Only a few copies left at 399$! Next price: 499$ Final price: 999$ MT5:   https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA ist ein Scalping-Roboter der nächsten Generation, entwickelt von einem hoch erfahrenen Team im Bereich Handel und
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AW Recovery EA
AW Trading Software Limited
4.29 (69)
Der Expert Advisor ist ein System zur Wiederherstellung unrentabler Positionen. Der Algorithmus des Autors sperrt eine Verlustposition, teilt sie in viele separate Teile und schließt jeden von ihnen separat. Einfache Einrichtung, verzögerter Start im Falle eines Drawdowns, Sperren, Deaktivieren anderer Expert Advisors, Mittelwertbildung mit Trendfilterung und teilweises Schließen einer Verlustposition sind in einem Tool integriert Es ist die Verwendung von Schließungsverlusten in Teilen, die es
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GOLD Scalper PRO
Lachezar Krastev
4.71 (24)
SHOCK DEAL! --> BUY GOLD Scalper PRO with -$200 OFF and GET a BONUS EA: Trend Matrix EA (or EA by your choice)! <-- SHOCK DEAL! NOTE: GOLD Scalper PRO PROMO price: $197 (The next price $397) - The offer ends soon!  Click here to read more about Trend Matrix EA and the SHOCK DEAL promotion! GOLD Scalper PRO signal account:  https://www.mql5.com/en/signals/2109002 For Settings, Instructions and additional LIVE Results Click Here! GOLD Scalper PRO is a fully automated trading system which takes mu
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Aura Black Edition
Stanislav Tomilov
4.73 (15)
Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
2 000 USD
One Inch Slap
Inrexea Limited
No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
2 850 USD
Darwin Evolution MT4
Guillaume Duportal
4.83 (12)
Darwin Evolution. !! 1490 USD bis 990 USD begrenzter Zeit (Angebot gültig bis zur Ankunft des nächsten Updates, verschwenden Sie keine Zeit ) !!! Sie können diesen EA nicht backtesten, da MT4 nicht mit den gleichzeitigen Multi-Pairs umgeht. Darwin braucht die 28 Paare für die Berechnung der Indikatoren !! Beschreibungen: - Um den Betrieb zu verstehen, kommen Sie und lesen Sie den Blog (dieses EA spiegelt meine Philosophie des Forex-Handels wider, wenn Sie meinen Weg mögen, um Dinge
999 USD
Ra AI
Nestor Alejandro Chiariello
5 (1)
Hallo Händler, ich habe dieses Tool rigoros mit echten Ergebnissen entwickelt, RA AI wurde entwickelt und speziell entwickelt, um es mit einem in KI strukturierten Trendalgorithmus in der Währung EURO DOLLAR zu skalieren. Hier können wir das Ergebnis in seinem 1-Jahres-Backtest von 1.000 auf 12.000 sehen. Wir können auch das echte Kontosignal sehen, wenn wir mit echtem Geld gewinnen, mit ähnlichen Ergebnissen, RA AI ist erstaunlich! Ich werde Ihnen ein wenig über das Design erzählen, das auf
1 299 USD
SSX Titan TT MT4
Artem Minchuk
2.91 (11)
Delving deep into the sphere of finance and trading strategies, I decided to conduct a series of experiments, exploring approaches based on reinforcement learning as well as those operating without it. Applying these methods, I managed to formulate a nuanced conclusion, pivotal for understanding the significance of unique strategies in contemporary trading. Neural network advisors, despite showcasing impressive efficiency in the initial stages, proved to be highly unstable in the long run. Vario
1 399 USD
Waka Waka EA
Valeriia Mishchenko
4.55 (47)
EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
2 600 USD
Odin AI
Nestor Alejandro Chiariello
5 (1)
Hallo Händler, ich habe ODIN AI konsequent mit echten Ergebnissen entworfen, das sich durch seine Weisheit und Intelligenz auszeichnet, ein Tool, das auf mehreren meiner vorherigen Strategien basiert und es an den Forex-Markt angepasst hat, daher ist es an die künstliche Intelligenz des maschinellen Lernens angepasst , die KI liest Parameter und zieht sie dann in meine Strategie ein, dann lernt sie, damit die Einträge von besserer Qualität sind, sie hat auch einen Knoten, in dem Sie Positionen
1 100 USD
Darwin Swing MT4
Guillaume Duportal
4.79 (14)
Darwin SWING Einführungspreis 999 USD , zukünftiger Preis 1490 USD. BESCHREIBUNGEN: -- Um zu verstehen, wie es funktioniert, lesen Sie den Blog (Dieser EA spiegelt meine Philosophie des Devisenhandels wider...Wenn Sie meine Art, die Dinge zu sehen, mögen, dann werden Sie auch meinen EA mögen. Nehmen Sie sich die Zeit dafür!!! (Forex ist kein Rennen): https://www.mql5.com/en/blogs/post/745790 -- Um die vergangene Performance zu sehen hier die Links zu den Signalen. Live- und Demo-
999 USD
Cherokee
Andrey Kolmogorov
5 (2)
Cherokee  - is a professional adviser based on a trend tracking system with an adaptive algorithm. New sets are in the "Comments" section comments #2-3. Signal: 6 currency pairs Main Advantages 6 currency pairs; The EA does not use Martingale; The minimum starting deposit is $300; No need to close the robot during news releases; It works with 4 and 5-digit quotes; A multi-level model of a quantum set. Working parameters Currency pairs : EUR/USD, GBP/USD, EUR/CHF, USD/CHF, USD/CAD, USD/JPY ,  
1 500 USD
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5 (1)
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Profalgo Limited
4.1 (10)
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Night Owl
Profalgo Limited
3.91 (11)
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Profalgo Limited
4.12 (41)
NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! Grid King is a revolution in grid trading.  The main focus when developing the EA was safety, by eliminating the margin-call risk which is usually associated with most grid systems on the market.  It also strives to achieve much higher returns than the average grid system, by spreading risk amongst multiple pairs and strategies which all have a li
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The Viper EA
Profalgo Limited
3.46 (13)
NOTE: only recommended for these pairs currently: EURAUD;GBPAUD;GBPCHF;EURCHF;AUDCAD and AUDUSD NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! Live monitoring :  https://www.mql5.com/en/signals/1422803 The Viper EA uses sharp and effective "mean reversion" entries during the ranging period of the trading sessions (between 23h and 1h GMT+2, US DST).    These trades already have a very high
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Starlight MT4
Profalgo Limited
3.2 (5)
Aktuelle Aktion: Jetzt nur 349$! Endpreis: 999 $ Schauen Sie sich unbedingt unser „   Ultimatives EA-Kombipaket   “ in unserem   Promo-Blog an   !   STARLIGHT ist ein sehr fortschrittlicher Nacht-Scalper mit geringem Risiko, der im Vergleich zu anderen Nacht-Scalpern einen einzigartigen Ansatz für den Einstiegsalgorithmus verwendet.  Es wurde auf der Grundlage jahrelanger Erfahrung im Live-Handel mit der Mean-Reverse-Strategie entwickelt und nur die besten Paare und Techniken ausgewählt, um i
149 USD
Red Hawk MT5
Profalgo Limited
5 (5)
NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Recommended for HEDGING MT5 account types only! Since this kind of strategy works best with low spread and fast exec
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Auswahl:
Morteza Hosseini
221
Morteza Hosseini 2022.05.17 16:21 
 

Good EA!

Yat Lam Mok
724
Yat Lam Mok 2022.01.15 20:48 
 

Tried with few brokers and the number of trades is much less than expected which shown on the backtest result. To me it’s really not worth to invest money on this EA as there are other better options.

Profalgo Limited
58700
Antwort vom Entwickler Wim Schrynemakers 2022.01.16 08:06
Hi, that is probably because you were backtesting with fixed spread, and during night scalping, spread widening occurs. so the EA filters out a lot of trades because spread is too big. You must use variable spread in backtesting for scalping
thatwazmysn
74
thatwazmysn 2022.01.09 04:42 
 

I have been using this EA for one year. It doesnt trade a lot and is very slow. But it is very consistent and low drawdown. I just set it and forget it.

Lucy
550
Lucy 2021.12.01 04:43 
 

The ea would need time closing function so that we could avoid huge losses with strong movements during Tokyo, London sessions.

Dmitrii
142
Dmitrii 2021.11.30 10:59 
 

Советник реально сливает. Медленно и верно. Стоит на четырех терминалах разных брокеров, везде результаты ушли в минус, тестирую 4 месяца и на Demo и на Real. Зря потраченные деньги, к покупке не советую. This EA really merges. Slowly and surely. It stands on four terminals of different brokers, everywhere the results have gone into negative, I have been testing for 4 months on both Demo and Real. Wasted money, I do not advise buying.

zzwyzwy
99
zzwyzwy 2021.10.06 11:51 
 

EA is currently running well and looks forward to long-term stable performance!

Paslariu Marius
150
Paslariu Marius 2021.07.07 07:57 
 

Absolutely great,with medium risk settings it avereges about 3% profit per month and with a very low DD . Support from Win is amazing and nearly instanteneous during day time (Europe)

juanariasse
106
juanariasse 2021.06.25 04:48 
 

Excellent EA. Profitable and low drawdown!

Pak Hong Poon
2689
Pak Hong Poon 2021.06.20 18:20 
 

performance varies from different broker servers, but still stably winning in general

Sanjaya
42
Sanjaya 2021.05.10 23:16 
 

Tested with demo and live for serveral months, it's a stable EA with consistant smaller proffits and no big Drawdown. Author will always respond and help if needed. Thank you

wb2169
45
wb2169 2021.03.22 20:22 
 

Consistently profitable. Another great EA by Wim!!!

Paco Rabs
262
Paco Rabs 2021.02.08 14:15 
 

Great EA. I use this with a Peperstone Razor account, and started with a small amount just to test see how it performs and I've faced no issue. Very stable EA with good risk management.

Robert
629
Robert 2021.02.05 02:37 
 

Just purchased the EA two days ago. Set up the EA exactly with the pairs recommended and with the medium risk. In two days, the EA is 4 for 4 winning two trades on the AUDCAD and two trades on the GBPUSD. Thanks again for another great EA Wim. Thank you again for the great customer service.

Profalgo Limited
58700
Antwort vom Entwickler Wim Schrynemakers 2021.02.05 06:02
You’re welcome Robert!
Paulina Andrea Madariaga Figueroa
4062
 

Good author, good tools

Profalgo Limited
58700
Antwort vom Entwickler Wim Schrynemakers 2021.02.05 06:03
Thx!
Georgios Daskaleas
811
Georgios Daskaleas 2021.01.09 10:24 
 

Mr. Schrynemakers did it again. It is very difficult for me to find something suitable for my needs as a money manager, especially after my 20 years of experience in the financial industry. His expert advisor performs like a well-calibrated swiss clock. And no I am not biased by his other great success (Grid King) which I have been using for 2 years now, with exemplary results. Highly recommended.

Profalgo Limited
58700
Antwort vom Entwickler Wim Schrynemakers 2021.01.09 12:50
Thank you very much for your kind words George! Hearing it from a longterm trade professional means a lot to me 👍
Anak Agung
253
Anak Agung 2021.01.07 05:55 
 

Works well, low risk (no floating loss) and profitable in the long run especially in GBPUSD pair. Better than investing in stock market or mutual fund :)

Red Hawk is a good EA, i have been making consistent profit in Tickmill broker. Its better to not include EURUSD as that pair have bad backtest in 2020 and this EA demo signal.

Profalgo Limited
58700
Antwort vom Entwickler Wim Schrynemakers 2021.02.05 06:03
Thx!
ework
520
ework 2020.11.23 10:53 
 

Der Benutzer hat keinen Kommentar hinterlassen

Profalgo Limited
58700
Antwort vom Entwickler Wim Schrynemakers 2020.11.23 16:53
Hello, I'm sorry the EA didn't meet your expectations so far. Please send me more details about your accounts and their trading results in private message. That way, I can have a look, compare and see if there are specific reasons for your results so far
ffsss
1026
ffsss 2020.11.19 10:08 
 

Not profitable, while he posts profitable images, in the same broker and with the same settings i get losses.

peronpmt4
1682
peronpmt4 2020.10.27 17:47 
 

Very good system and author is always present!!

vladimir9010
593
vladimir9010 2020.10.16 14:08 
 

Red Hawk is great EA. I have few of Wim EA and I am very happy with the their performance. The author is very friendly, honest and helpful. Do not miss out and buy his good EA.

Antwort auf eine Rezension
Version 3.8 2023.03.13
fixed issue with trades starting on sunday
Version 3.7 2023.02.07
fixed bug
Version 3.6 2023.01.27
fix bug in "trade at market opening" option
Version 3.5 2022.12.19
Version 3.5
- Added option to disable trading on market opening after the weekend
Version 3.3 2021.10.19
Version 3.3
- fixed autoGMT bug (very rare)
- Added extra checks for wrong entries
Version 3.2 2021.10.15
fixed bug.
Recommended update!
Version 3.1 2021.10.13
Version 3.1
- Added OneChartSetup
- Optimized EA's code
- Added Spread Filter and Rollover filter
- Changed GMT calculation method
Version 2.3 2021.07.01
added filter to set a minimum number of minutes between 2 trades
Version 2.2 2021.04.15
recompiled with latest MT4 build.
Version 2.1 2021.03.11
fixed infopanel issue where lots are displayed with a lot of zeroes in the end
Version 2.0 2021.03.10
- improved EURUSD. Should be more stable now
Version 1.9 2021.01.12
- added more information in the logs for why trades are skipped
Version 1.8 2020.11.12
small internal optimization
Version 1.7 2020.10.29
fixed but that made StartLots not work like it should
Version 1.6 2020.10.27
added AutoGMT (recommended to use it)