WickHunter

WickHunter EA – Precision Reversal Trading

WickHunter is a powerful multi-timeframe Expert Advisor designed to catch sharp trend reversals with precision. Now enhanced with user-configurable controls, WickHunter offers the best of automation and flexibility, making it perfect for traders who want smart execution and full control over risk and trade behavior.

Built on an intelligent moving average and envelope-band strategy, the EA scans across 6 key timeframes for wick-based reversal signals. With support for both hedging and netting accounts, WickHunter adapts to your trading environment automatically.

✅ Features 

  • 🔧 Lot Size Control: Choose between fixed lot sizing or percentage-based risk.

  • 📊 Timeframe Filters: Enable or disable individual timeframes (M20 to H8).

  • 🚫 Trade Cap Limit: Limit the number of open trades per symbol.

  • ⚙️ Fully Automated Execution: WickHunter handles analysis, trade entry, and exit—no external indicators required.

🧠 Core Strategy

WickHunter identifies when price action breaks through dynamic envelope bands and reverses back inside, signaling strong exhaustion and reversal conditions. The logic is reinforced using:

  • LWMA(200) – Local trend confirmation

  • SMA(1000) – Long-term anchor for envelope bands

  • SMA(10) – Short-term directional momentum

Combined, these moving averages and price zones help WickHunter time reversals with sniper-like accuracy.

💼 Inputs & Parameters

Input Description
RiskPerTrade Risk as % of account balance (e.g., 0.02 for 2%)
FixedLotSize Optional fixed lot size (overrides risk-based lot)
MaxOpenTrades Maximum number of simultaneous trades per symbol
EnableM20 - EnableH8 Toggles to activate/deactivate specific timeframes

🔍 Recommended Pairs

WickHunter excels with pairs that display clean reversals and wick-rich structures:

  • USDJPY

  • CHFJPY

  • EURCAD

  • EURCHF

  • GBPCAD

  • GBPJPY

🧪 How It Works

  • Scans across selected timeframes for band breakout + reversal.

  • Validates signal with multi-MA alignment.

  • Dynamically sizes trades based on risk or fixed lots.

  • Executes with calculated SL and TP, tagged by timeframe for traceability.

  • Avoids over-trading with the MaxOpenTrades filter.

📌 Additional Tips

  • Attach to M15 or higher charts for best performance.

  • Test combinations of enabled timeframes to suit your strategy.

  • Pair with a reliable VPS and ECN broker for optimal results.

WickHunter gives you the edge of automation with the control of manual precision. Get in, get out, and let the wicks show you the reversal.


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[ IMPORTANT ] REAL CLIENT FEEDBACK :  https://www.mql5.com/en/market/product/127498/comments#comment_58814415 [ IMPORTANT ]  UPDATED (1 YEAR PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_59233853 [ IMPORTANT ]  UPDATED (1 YEAR 6 MONTHS PERFORMANCE):  https://www.mql5.com/en/market/product/127498/comments#comment_60000067 [ IMPORTANT ]  UPDATED  (2026/09):  https://www.mql5.com/en/market/product/127498/comments/page2#comment_60389797 [ IMPORTANT ] UPDATED (2026/
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