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Red Hawk MT5

ONLY 1 COPY LEFT AT 349$


NEW PRICE: 399$

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 execution, I advise using an good ECN broker.

Recommended broker: ICMarkets.com or Alpari.com

Recommended VPS: 4xhosting.com

Live results: https://www.mql5.com/en/signals/797464


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.


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/57306#!tab=comments&page=1&comment=19082457


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.

















Reviews 3
Danny Yong
268
Danny Yong 2020.11.10 09:16 
 

Promising back test result and live signal with very low DD. I just started to run Red Hawk with live account so 5 star given for good support from Wim.

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1 copy of 10 left at this price Next 10 copies $599. Blueshift   is a fully automatic Expert Advisor for   Intraday  Trading.  it is  based on   Wpr and Ma Indicators . The expert advisor is able to get a very high-rate of winning trades. Follow us on Telegram:   https://t.me/darktradingchannel The Expert was tested on the whole available historical period on   XAUUSD (Gold) and XAGUSD (Silver) M15  with exceptional results. You can download the demo and test it yourself. My tests were performe
399 USD
Netting Scalper
Netting Scalper
Remi Passanello
Netting Scalper This robot is part of the   RPTrade Pro Solutions  systems. Netting Scalper is a fast trading robot using ticks dynamics an netting system.  It's designed to be used by anyone, even the absolute beginner in trading can use it. Designed for M1 ONLY Uses Takes Profit, Stop Loss and Trailing stop. Can also work as a switch without SL/TP Works with any pairs How does it work Netting Scalper is a fast M1 scalper.  It's not using any indicator. It follows brokers' ticks distribut
390 USD
Edge
Edge
Anatoli Kazharski
The Edge trading algorithm determines the levels the price bounces off and opens a position. In case the price breaks a levels and moves against the open position, the volume is increased. The position is closed at the nearest price rollback if the appropriate signal is available. External parameters of the program allow fine-tuning the operation of the algorithm. We have prepared the article on how to work with this trading algorithm and receive reliable combinations of parameters: How paramet
350 USD
Bober Lannister MT5
Bober Lannister MT5
Arnold Bobrinskiy
Bober Lannister MT5  - is fully automated cross platform trading robot. Only one trade at a time. No "Recovery algorithm (martingale)" or other dangerous strategies involved. Next order lot size always the same according to Risk settings regardless of achieved result by previous one. Virtual TP and SL  keeps the same distance. Live settings optimized by using real ticks data. Much attention has been paid to forward test results to avoid overfitting. MT4   version of   Bober Lannister   here  
900 USD
FX Folio
FX Folio
Sergej Maehler
FX Folio Expert Advisor is a fully automated trading system that includes a portfolio of different currency pairs, thus providing higher performance and diversified risk than trading a single currency. FX folio is ideal for long-term operation on a virtual server and does not require any modification by the user. Each currency pair only opens one position at a time secured by an atr-based stop loss and take-profit. Features Diversified Portfolio of multiple currency pairs Opens only 1 order p
799 USD
To The Moon EA MT5
To The Moon EA MT5
SERGEI RIEBIN
LAUNCH PROMO: ONLY 2 COPIES OUT OF 10 LEFT AT $699! Next price:        $799 Price will be kept high to limit number of users for this strategy To The Moon comprises the best out of   trend trading  applied to   bitcoin . As many people know   crypto markets   are much   less efficient   than traditional markets like Forex. It means they are easier to make profit on. They are also trend markets. Using high-quality trend systems as this one is the best possible way to leverage opportunities given
699 USD
Exp5 The xCustomEA for MT5
Exp5 The xCustomEA for MT5
Vladislav Andruschenko
Universal trading adviser on custom indicators for  MetaTrader 5 . Builder of strategy. Write the name of your indicator with Arrow and signal buffers, and our EA xCustomEA trades on these signals. You can also use many of our built-in functions. Version for MetaTrader4:  The xCustomEA  version  for MetaTrader 4 terminal The functionality of the universal trading adviser The xCustomEA exactly duplicates all the parameters of our advisor  The X  except one: The xCustomEA  works on a custom indi
350 USD
CoreX
CoreX
Andriy Sydoruk
The Expert Advisor  CoreX  works with ticks on both netting and hedging account types. The internal algorithm uses a tick (not a bar) as a unit for analysis. The product works with 5-digit quotes. Requotes are critical. A broker with the minimum execution delay is required. This expert is an improved version of the CoreFPS expert. The Expert Advisor does not use history stored in the database. It downloads history data online creating its own database stored in the internal memory. After the res
650 USD
Reindeer Scalper Pro MT5
Reindeer Scalper Pro MT5
Michela Russo
Reindeer Scalper Pro is at   discount Price only Today, at 60%   of the Original Price! (target price $1499) Reindeer Scalper Pro is a trading robot  for the trading on EURUSD, GBPUSD and XAUUSD ( Gold ). This is a mix of Trend Following and Counter Trend system.   Backtest Now! All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Hippo Trader Pro MT5 ! (All future updates included
449 USD
Triangular EA vMT5
Triangular EA vMT5
Kyra Nickaline Watson-gordon
Important : This is Arbitrage EA and may not work on all accounts. It is recommended to follow the testing process described on product screenshots. If you are not familiar with arbitrage trading, It is recommended to use our other trading robots . Strategy : EA will place trades based on Triangular Arbitrage strategy. Triangular arbitrage (also referred to as cross currency arbitrage or three-point arbitrage) is the act of exploiting an arbitrage opportunity resulting from a pricing d
995 USD
Golden Panther MT5
Golden Panther MT5
Hui Qiu
2020-2021 Amazing Profit!! The Greater Volatility of Gold, the Greater of Profit!!  on   XAUUSD (Gold) M1  New user discount: $59/month , $599 for unlimited use $399/year is the most cost-effective use   Golden Panther MT5 is a fully automatic Expert Advisor for AI High-Frequency Trading . it is   based on Multiple Trend Oscillators Indicators . Obtain Optimal ( Advanced Parameters ) through AI Neural Network Deep Learning . The expert advisor is able to get a very High-Rate of winning trades.
599 USD
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Advanced Scalper
Advanced Scalper
Profalgo Limited
MORE THAN 3 YEARS OF LIVE RESULTS ALREADY   ->  https://www.mql5.com/en/signals/413850 CURRENTLY AT 60% DISCOUNT OF FINAL PRICE ONLY 1 COPY LEFT AT 390$ Final price -> 990$ !! BUY ADVANCED SCALPER AND RECEIVE 1 EA FOR FREE !!* (*conditions apply, contact me after purchase) !! READ SETUP GUIDE BEFORE RUNNING THE EA !!  ->  https://www.mql5.com/en/blogs/post/705899 Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exit-al
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Advanced Scalper MT5
Advanced Scalper MT5
Profalgo Limited
MORE THAN 3 YEARS OF LIVE RESULTS ALREADY   ->  https://www.mql5.com/en/signals/413850 CURRENTLY AT 60% DISCOUNT OF FINAL PRICE ONLY 1 COPY LEFT AT 390$ Final price -> 990$ !! BUY ADVANCED SCALPER AND RECEIVE 1 EA FOR FREE !!* (*conditions apply, contact me after purchase) !! READ SETUP GUIDE BEFORE RUNNING THE EA !!    ->  https://www.mql5.com/en/blogs/post/705899 Advanced Scalper is a professional trading robot that has been in development for many years. It uses very advanced exi
390 USD
Red Hawk EA
Red Hawk EA
Profalgo Limited
!! ONLY 1 LEFT AT 349$ !! NEXT PRICE: 399$ MT5 VERSION CAN BE FOUND HERE FOLLOW LIVE RESULTS HERE 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. Recommended broker:  ICMarkets.com  or Alpari.com Recomm
349 USD
Gecko
Gecko
Profalgo Limited
Gecko runs a simple, yet very effective, proven strategy.  It looks for important recent high and lows and will trade the breakouts.  The actual execution of this strategy however, is what makes this EA truly shine.  Entry calculations and exit algorithms are not only unique but also very advanced. LIVE RESULTS:  https://www.mql5.com/en/signals/750475 The EA uses many trade management techniques, including but not limited to: a Trailing SL, using multipe parameters to control its function
299 USD
Grid King
Grid King
Profalgo Limited
!! ONLY 1 LEFT AT 390$ !! NEXT PRICE: 790$ 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 limited effect on the account-equity.  Where almost all grid systems will blow your account when things get
390 USD
Advanced Scalper Essential Edition
Advanced Scalper Essential Edition
Profalgo Limited
ADVANCED SCALPER - ESSENTIAL EDITION takes the best from MQL5's Bestseller "Advanced Scalper". It has already a proven live track record since 2016 ! Recommended broker:  http://icmarkets.com/?camp=48854 Advanced Scalper 'Essential Edition' is a very simple and easy to use EA.  There are no parameters to configure, just run the EA on EURUSD H1 and/or USDJPY H4, select your risk, and the EA will do the rest. This EA takes only the best configurations from the original Advanced Scalper, which hav
199 USD
Grid King MT5
Grid King MT5
Profalgo Limited
!! ONLY 1 LEFT AT 390$ !! NEXT PRICE: 790$ 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 limited effect on the account-equity.  Where almost all grid systems will blow your account when things get
390 USD
Momentum EA
Momentum EA
Profalgo Limited
MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system and will only place extra trades if the momentum of the trend is continuing. If there is a reversal in the trend, it will not add extra trades. Second str
750 USD
GBPJPY Price Action EA
GBPJPY Price Action EA
Profalgo Limited
This EA is based on 4 well known price action patterns: Pinbars, Inside bars, Engulfing bars, and Breakouts. The EA is programmed to detect these patterns in the chart and to trade them using very sound risk management. That means that the EA will always use a SL on all trades, with a low risk per trade. The EA is a swing-system so that means it will trade big moves in the market. The big advantage of this, is that it will not really be affected by slippage and spread-widening (withing certain l
150 USD
Night Owl
Night Owl
Profalgo Limited
NIGHT OWL is a night scalper that trades during the most quiet times of the market. Markets tend to range in that period and the EA will trade those ranging movements. Each trade will have an initial stop loss and take profit, but the EA uses also advanced SL management algorithms that will evaluate the strength of the trades and close out early if necessary. The EA works on all pairs that have stable spread and quiet moves during the night. But it is programmed to also handle bigger spreads wit
125 USD
Swing Trade Pro
Swing Trade Pro
Profalgo Limited
SWING TRADE PRO is a swing system based on volatility breakout. It uses strict price action for entering trades. The EA will look for strong price movements and trend reversals, and will monitor 4 timeframes at the same time. It will place maximum 1 order on each timeframe. Each trade will have a predefined SL and TP, but will also use various trade management techniques. One of those techniques consists of monitoring all the open trades on 4 timeframes and adjusting SL to better positions as so
550 USD
Momentum EA BOA
Momentum EA BOA
Profalgo Limited
RE-LAUNCH PROMO: ONLY 1 COPY LEFT AT 350$! NEXT PRICE -> 450$ (final price: 490$) !! THE NEW VERSION (2019) IS THE RESULT OF 3 YEARS LIVE FORWARD TESTING !! Recommended broker:  http://icmarkets.com/?camp=48854 MOMENTUM EA BOA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of tr
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Grid King LITE
Grid King LITE
Profalgo Limited
Grid King LITE is a budget friendly version of the popular Grid King EA, specially made for those traders that try to find an affordable, high performance EA. The LITE version takes ones of the best performing setups from the original and has almost no parameters to set, which makes it a very easy plug-and-play setup.   If you already own the original Grid King EA, you do NOT need this EA. Live results so far:    https://www.mql5.com/en/signals/619924 Recommended broker:  http://icmarkets.com/
250 USD
AutoGenEA
AutoGenEA
Profalgo Limited
AutoGenEA  is an expert advisor developed purely by Generic Machine Learning.     The EA is developed using a software package, made specifically for developing trading-strategies.  It will generate hundreds of different strategies based on good trading logic.  From this group of generated strategies, the algorithm will do generic mutations and improvements.  Each strategy has been created using a 8 year period of historical data (IN-SAMPLE) and tested again multiple years of OUT-OF-SAMPLE dat
150 USD
Swing Trade Pro MT5
Swing Trade Pro MT5
Profalgo Limited
SWING TRADE PRO is a swing system based on volatility breakout. It uses strict price action for entering trades. The EA will look for strong price movements and trend reversals, and will monitor 4 timeframes at the same time. It will place maximum 1 order on each timeframe. Each trade will have a predefined SL and TP, but will also use various trade management techniques. One of those techniques consists of monitoring all the open trades on 4 timeframes and adjusting SL to better positions as so
350 USD
Momentum EA boa MT5
Momentum EA boa MT5
Profalgo Limited
RE-LAUNCH PROMO: 1 COPY LEFT AT 350$! NEXT PRICE -> 450$ (final price: 490$) !! THE NEW VERSION (2019) IS THE RESULT OF 3 YEARS LIVE FORWARD TESTING !! MOMENTUM EA is a price action swing system which does 2 things: First strategy will hunt down strong price movements. It will then start opening multiple trades in the direction of that trend. The trades will either hit Take profit or Stop loss, or the EA will close the group of trades when it exceeds a certain profit. It is NOT a grid system
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Grid King LITE MT5
Grid King LITE MT5
Profalgo Limited
Grid King LITE is a budget friendly version of the popular Grid King EA, specially made for those traders that try to find an affordable, high performance EA. The LITE version takes ones of the best performing setups from the original and has almost no parameters to set, which makes it a very easy plug-and-play setup.   If you already own the original Grid King EA, you do NOT need this EA. Live results so far:    https://www.mql5.com/en/signals/619924 NOTICE: To properly backtest the full po
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MARKMERCY2012
30
MARKMERCY2012 2020.12.10 15:41 
 

Too early for me to comment, this is 2 days of my purchase

JBarck
339
JBarck 2020.12.02 19:21 
 

User didn't leave any comment to the rating

Danny Yong
268
Danny Yong 2020.11.10 09:16 
 

Promising back test result and live signal with very low DD. I just started to run Red Hawk with live account so 5 star given for good support from Wim.

Reply to review
Version 2.1 2021.03.11
fixed issue on infopanel where lots were displayed with too many zeroes in the end
Version 2.0 2021.03.11
improved EURUSD
Version 1.85 2020.12.09
fixed potential problem with some broker to find open trades
Version 1.84 2020.12.02
onechartsetup for live trading enabled
Version 1.83 2020.11.20
fixed problem for brokers that return negative ticket numbers
Version 1.82 2020.11.12
small internal optimizations
Version 1.81 2020.11.06
fixed small bug