Gold Hunter Z
GOLD HUNTER Z
Gold Hunter Z is created for XAUUSD. Entry is based on authentic trend following strategy. There are a lot of filters and order management options that allow user to customise the program for their own trade style. EA has been backtested to reflect trade performance. Please read attached reports. Please try 1 month to understand the performance of the EA before you start live trading. You are welcome to join our telegram channel where we will share daily XAUUSD market information. https://t.me/+4aVIlWFmYeBjMjM1
For BACKTEST, please use Tick Data Suite, set 'Conservative Filters' to 'FALSE' and other options to 'TRUE'.
For LIVE TRADING, it is necessary to avoid trading during uncertain market. We will explain to user in detail after purchase.
Gold Hunter Z - Version 7.0 (released on 2/2/2022)
We made significant upgrade to in version 7.
1) Added user define Support and resistant level
2) Added advance Breakout and Outlier option. Now, Breakout trade is possible when trend is strong. Please aware that breakout trade will increase trade risk!
3) Protect one layer of profit when price retrace.
4) Improve information displayed on the screen.
** Please contact seller after you purchase this EA. Seller will share setting and the best way to use this EA.
Version 6.4 <updated on 2022.12.25
1) Added 2023 Non-Farm, Fed Int Rate and Holiday data.
2) Added TWO more time setting for more flexibility. (Total 5 sessions)
3) Cancelled the following filters which are less useful:
a) Moderate trend filter 3
b) Narrow range_1Version 6.3.1 <updated on 2022.10.21>
1) Core Trend 3 - Additional core trend filter. (For conservative traders)
a) Limit Entry near yesterday's high and low. (Default: 200 points)
b) Daily Range Filter: avoid auto-trading when daily range is narrow. (Default: $3)
1) Narrow Range_2 - enhanced further the power to handle narrow market range. <Important>
1) Smarter TP: Still under testing. Please check with seller for instruction.
2) Different setting leads to different result. Please see attached screenshot for reference.
3) For backtest, please use Tick Data Suite for 99% data reliability. Use M1 Chart and variable spread and follow setting in attached screen shot.
4) EA performs better under VPS. If you want to save VPS cost, please contact seller for instruction of how to set up free VPS at Google Cloud Platform and Amazon Web Service.
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Gold Hunter Z is tailor-made for XAUUSD day trade/scalping.
- The core of Gold Hunter Z is a trend following strategy.
- Entry is based on combination of unique data, experiences, years of market observation, statistical analysis, and continuous improvement after hundreds of backtests and forward tests.
- EA setting is flexible. Based on your trade style, you can turn on the filters you think fit your own trade style, adjust trade parameters, set your take profit targets and daily targets, and even use the Martingale function to enhance your trade performance.
- This EA is created for auto-trading in mind. Nonetheless, you can enhance performance if you can spend some time to read the charts and take appropriate action when needed. For further instruction instruction, please contact seller after you purchased the EA.
A) AUTO TRADE SETTING
1) Timeframe: M1
2) Account Size/Lot Size: US$1000/0.02 Lot (recommended)
3) Take Profit: 100 points (recommended)
4) Stop Loss: If 'fixed' is selected, enter a maximum drawdown amount ($). If 'ratio' is chosen, please enter percentage (%) of account equity to trigger stop loss.
6) Martingale: Flexible and adjustable. Expert will adjust TP position when Martingale orders are placed.
7) Trade Sessions: You can define up to 3 trade sessions. 24-hour non-stop trading is not recommended.
B) MANUAL TRADE MODE
1) Trade Mode: select "manual"
2) User enter trade manually and let the program handle as auto-trading.
3) Please test well before using manual mode in live trading.
D) OTHER FUNCTION
1) You can select what information to display on the screen.
2) There are five on-screen buttons which can disable buy or sell function, close buy or sell orders or close All orders by 1-simple click.
3) US non-farm data announcement, US Fed interest rate decision, and US holiday - You can disabling trade function in the setting menu.