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Hunter on the channel breakout Bot

Demo downloaded: 1 389

Published: 28 July 2015

Current version: 2.2

Hunter on the channel breakout Bot

Experts
Aleh Sasonka
Version: 2.2
Updated: 9 July 2020
Activations: 5

Hunter on the channel breakout Bot

The Expert Advisor places the necessary amount of BuyStop and SellStop pending orders with predefined StopLoss and TakeProfit levels at the specified time daily.

The EA calculates the channel width using the ZigZag indicator and sets a grid of BuyStop and SellStop pending orders according to the specified settings. The first pair of BuyStop and SellStop pending orders is placed at a predetermined distance from the channel borders. The distance is set in the percentage of the calculated channel width. The channel width is calculated by the specified amount of the ZigZag peaks. StopLoss and TakeProfit levels are set for each order (specified in the parameters). The next pair of orders is set at the TakeProfit level of the previous one.

Pending order placing time is set in the EA parameters. The time of non-activated pending order removal is also specified in the parameters.

The parameter values specified in paragraphs (zero, second or fourth decimal place).

The EA works on any symbol and timeframe (TF).

You can set a special number to distinguish the EA's orders from orders of other tools. You can attach the EA to different charts with same instrument but different parameters. In this case, you should set different numbers for each chart. You do not have to change a number if charts have different instruments. There won't be any confusion.

Adjustable Parameters

Size of the bet, lots - bet size of each grid order in lots
TakeProfit level, pips - profit for each grid order in points
StopLoss level, pips - stop level for each grid order in points
Number of bets in the series - number of orders in each series (1 is a single pair of orders - one BuyStop and one SellStop)
Indentation from the channel to % - indentation of the first pair of pending orders from the channel border in percentage of the channel width
Time of placing trades - pending order placement time (hour:min) - server time
Time of removal deals - pending order removal time (hour:min) - server time
Waiting time of the orders, min - order send waiting time in minutes
To send the expiry date - send pending order expiration time to the server (set to False in case of error 147)
Number of calculation points zigzag - number of the ZigZag reference points for plotting the channel
Slippage - slippage (parameter for placing orders)
Room Advisor - EA's magic number
Depth - the setting of the zigzag indicator - Depth ZigZag indicator parameter (see below)
Deviation - the setting of the zigzag indicator - Deviation ZigZag indicator parameter (see below)
Backstep - the setting of the zigzag indicator - Backstep ZigZag indicator parameter (see below)
Arrow color orders BuyStop(Blue) - BuyStop order arrow color (no arrows by default)
Arrow color orders SellStop(Red) - SellStop order arrow color (no arrows by default)
Transfer to break-even (0=Off), pips - value in points at which the order is transferred to breakeven
Minimum profit when break-even, pips - the value of the breakeven points
Display a comment (ON / OFF) - display comments in the upper left corner? (well/no).

Depth is a minimum amount of bars that will not have the second maximum/minimum less/more by Deviation pips than the previous one. Backstep is a minimum number of bars between maximums/minimums.

It is reasonable to set the indentation of the first pair of pending orders by Fibonacci levels - 23.6, 38.2, 50.0, 61.8.

Comments

The EA shows the following data in the upper left corner of the active chart:

the EA name and its basic parameters
calculated channel width
calculated indentation of the first pair of orders

Alternative Use

The EA can be used instead of the Hunter on the channel breakout BuyStop SellStop script for the automated setting of an order grid.

Example

Figures indicate an example of the EA setting and its testing in the strategy tester. The parameters are set with no selection and optimisation.

more...

Screenshot #1 Hunter on the channel breakout Bot

Screenshot #2 Hunter on the channel breakout Bot

Screenshot #3 Hunter on the channel breakout Bot

Screenshot #4 Hunter on the channel breakout Bot

Screenshot #5 Hunter on the channel breakout Bot

Screenshot #6 Hunter on the channel breakout Bot

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This adviser can be used without optimization. To get started, you only need to install the desired risk (or the size of the lot) and regularly withdraw profit. For a start, you can install the trial version of the Expert Advisor Hunter bot PriceLines Lite , which will work on a real account with a minimum lot (and therefore with minimal risk). In this, the main version, all settings are available. EA is designed for fully automated trading. It spelled out the function of protection against most

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This is a multi-currency version of Hunter bot PriceLines Extra . This expert Advisor can be installed on different currency pairs, with no limit on the number. All copies of the expert Advisor work as one team. When you open a market order for one of the instruments, all other advisors go into standby mode. As soon as the market order is closed, all the experts return to the active mode. For a start, you can install the trial version of the expert Advisor Hunter bot PriceLines Lite , which w

30 USD

Script Hunting for the Channel Breakout The script is designed for semi-automatic trading. It can place required number of pending BuyStop and SellStop orders with preset StopLoss and TakeProfit levels in one go. The script calculates the channel width using the ZigZag indicator and places a grid of pending BuyStop and SellStop orders according to specified settings. The first pair of pending BuyStop and SellStop orders is placed at the specified distance from the channel's borders. This distanc

FREE

Script Deleting the Hunter The script is developed for fast deletion of pending orders, Up and Dn border lines, as well as arrows (symbols) which appear when an order is placed. Features: Can delete all pending orders of the current chart in one go Can delete all pending orders of the current account in one go Can delete only those orders which have specified magic number Can delete lines which show the channel's border, support and resistance levels marked Up and Dn Can delete all arrows (symb

FREE

An Expert Advisor. A channel breakthrough signal. Attach two horizontal lines to a chart: one for the upper channel line, name it < Up > the other one for the lower border, name it < Dn > Settings: sound = true - play a sound notification alert = true - show a dialog box containing user data comment = true - show a comment in the upper left corner of the chart print = false - print a message to the Experts log repet = 3 - number of times the sound file is played.

FREE

Purpose The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy. It works with any symbols located in the Market Watch window of the MT4: currencies, metals, indexes, etc. The number of instruments can be limited by capacity of the МТ4's parameters. But if desired, you can create several windows with various set of instruments and parameters. Operation Principle The indicator uses the modified Triple Screen Strategy for determining trend direction in the

75 USD

The indicator displays two nearest levels in real time. The one above the current BID price is a resistance level. The one below the current BID price is a support level. The levels are calculated by the standard ZigZag indicator. Application The indicator can be used as an assistant in manual trading to obtain data on the nearest support/resistance levels. The indicator can be used on any timeframe. When a displayed level is touched or broken through, an audio alert is triggered (specified in

30 USD

This utility displays the name of the current symbol and the current period in the chart background in a large font. It is very convenient, e.g. when you use multiple charts with different symbols, period or when saving a chart screenshot. The information is displayed in two lines. In the first line, the chart symbol and current timeframe are shown in a larger font (e.g. AUDUSD,h1 ). In the second line, the full name of the current symbol is displayed in a smaller font (e.g. for GPBJPY it shows

10 USD

This expert Advisor is a more developed version of News Hunter Bot OneTime . The EA places pending orders BuyStop and SellStop before the news release at a specified distance from the current price. The date and time of the news release is set in the EA parameters for a few days in advance. In total, you can set the time for 20 news. Also, the EA indicates how many minutes before the news you need to place pending orders and after how many minutes you should remove pending orders that have not

10 USD

A dealer with simple logic of opening orders and reliable closing control for advanced. The input signal is determined by only one indicator. Closing occurs on target profit. When drawdring first orders, the following appears. Maximum number of orders - no more than three in each direction. Settings for configuration: ----------- Trade Settings ----------- Quantity Lot 1 - the size of the first transaction Quantity Lot 2 - the size of the second transaction in the series Quantity Lot 3

30 USD

Purpose The indicator is intended for manual multi-currency trading based on the Triple Screen Strategy. It works with any symbols located in the Market Watch window of the MT5: currencies, metals, indexes, etc. The number of instruments can be limited by capacity of the МТ5's parameters. But if desired, you can create several windows with various set of instruments and parameters. Operation Principle The indicator uses the modified Triple Screen Strategy for determining trend direction in the

75 USD

30 USD

The robot uses the logic of triangular arbitration. To work it, you need to choose a triangle of currency pairs, for example EURUSD_GBPUSD_EURGBP. The robot compares the basic cross-pair with its artificial analogue and trades towards the lag of quotations. The lag is calculated for each of the three currency pairs. The difference in quotations (spread) can be set in the settings. The adviser is multi currency, as it can trade at once with several triangles of currency pairs. The list of cross-

30 USD

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