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Red Hawk MT5

5

END OF YEAR PROMO: 
  • NOW ONLY 299$!  
  • ONLY 1 COPY LEFT AT THIS PRICE
  • PRICE AFTER PROMO: 599$



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.

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

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 7
Xinhe Xiang
779
Xinhe Xiang 2021.12.21 08:52 
 

★☆★☆★.在 MQL5 购买的众多主流 EA 中,好评五星级。头皮中的稳定王者,另一个收割者刷单舒服单子多,作者的EA都有都强大。 兴趣交流腾讯微信=917552750。★☆★☆★

Victor Minaev
2014
Victor Minaev 2021.07.15 14:10 
 

Good!

tobiaskaaniris
84
tobiaskaaniris 2021.07.15 09:35 
 

Just purchased. 5Stars for great support & assistance from Wim. Setting EA live today on VPS. Will update review with live results later...

After 1st week: 9 Symbols, 4 Trades, 4 x TP

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Tioga MT5
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PriceTracker MT5
Stanislau Siatsko
5 (1)
These are limited sales. We do not have a goal to attract a large number of customers, so the price of PriceTracker will constantly increase. $1700   - limited sales (price valid until: January 24) $2600 - next price Friends! Someone is trying to draw attention to their products with all sorts of promotions, discounts, Black Fridays, etc., someone with super-profitable tests... I just show how the product works on real ECN accounts with real market conditions. I will only say one thing: look
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Bober Lannister MT5
Arnold Bobrinskii
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Metaverse MT5
INREXEA LIMITED
5 (1)
Price might change anytime  Important: We upgrade at least one time per month and maintain high quality of using experience . Please always keep the newest version . 80% from database analysis , 20% use brokers data , always do not rely on brokers data all the time . Signals monitors   :    Here Instruction/setup   :    Here Concept of Metaverse EA: Metavese EA is a fully auto EA , no parameters need to be set , trading strategy is simple , it is martingale strategy , however , when/why/h
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YOLO Gold go go
INREXEA LIMITED
5 (3)
if you want to improve your manual trading skills , YOLO is a good tool for you to train your manual trade , if your decision is not too horrible , YOLO will help you TP , and you can start your next decision  Boosting performance is allowed , Please contact me after purchase about how to get free version of indicator and daily analysis . PM me after purchase for free version of indicator  Instruction : Here Signal monitor :   Here   The best match with indicator :  Here Hello traders , 
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Tar BANK
Vladimir Khlystov
Triangular arbitrage with full automatic! In the parameters, it is enough to specify only the lot and profit! Trades on all triangles at once, which can be made up of instruments open in the market overview. The adviser himself determines all the triangles that can be made from the broker's available tools. It analyzes the price shift in each triangle relative to the calculated one and opens the whole three at the right moment. Thus, all three instruments constantly insure each other by 1
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Aura Pro
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Aura Pro is a unique grid expert based on deep machine learning, hyperparameter search technology. In machine learning, hyperparameter optimization or tuning is the problem of choosing a set of optimal hyperparameters for a learning algorithm. A hyperparameter is a parameter which value is used to control the learning process. By contrast, the values of other parameters (typically node weights) are learned. The same kind of machine learning model can require different constraints, weights or le
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Elemental EA MT5
Evgeniy Machok
5 (6)
5 copies for the price $349. Next price - $399. ELEMENTAL - fully automatic multicurrency night robot. The main idea is that any trend has its current boundaries, after which the price comes to an equilibrium state. The boundaries of the current trend are determined by dynamic levels of support and resistance, which are updated at each candlestick. Since night trading has its own features, the main of which is limited market liquidity, trading is performed with pending "limit" orders for add
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Gold Super Trends AutoTrader Robot
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5 (5)
General description; This EA is made to be used in the Gold market. It's made for trading Gold in mind. This Trading Robot is based on more than 14 years of winning patterns and will open trades by the minute, 24 hours a day. It will handle everything, from opening positions, closing them, managing risk. Features; - Timeframe-Less Expert Advisor that works by the second and recalculate everything with whichever situation that might exist. - Dynamic market watcher that adjust itself to cope
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Pumbling Night
Thi Kim Hanh Hoang
change input when you backtest: - you need to have good data because night scalp does not works good with all brokers - change MinTP=3 (current=10 now) - Tickmill is the recommend broker - Defauls time is time zone of ICmarkets/Tickmill...(Australia) Pumbling Night Scalp Open and close within 4 hours That is night hunter for ECN brokers and works good on low spread/swap/commission accounts. The best i think is Tickmill and Fusionmarkets. if you want to try with Exness that plz change to differen
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Champion MT5
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5 (11)
CHAMPION EA : smart trade system trades 5 pairs in the same time. Robot uses Drawdown reduce function and Time Filter to safe and profitable trading. The EA has a lot of month history of trading on a real accounts. Now you can buy CHAMPION EA with discount to final price $9999 Low DD (less 10% for 1 year) CHAMPION is suitable for advanced and beginners  users Monitoring real accounts: click here Manual Guide:  click here CHAMPION EA   is a smart trading system based on the search for optimal
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Gecko EA MT5
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Filter:
Xinhe Xiang
779
Xinhe Xiang 2021.12.21 08:52 
 

★☆★☆★.在 MQL5 购买的众多主流 EA 中,好评五星级。头皮中的稳定王者,另一个收割者刷单舒服单子多,作者的EA都有都强大。 兴趣交流腾讯微信=917552750。★☆★☆★

Victor Minaev
2014
Victor Minaev 2021.07.15 14:10 
 

Good!

tobiaskaaniris
84
tobiaskaaniris 2021.07.15 09:35 
 

Just purchased. 5Stars for great support & assistance from Wim. Setting EA live today on VPS. Will update review with live results later...

After 1st week: 9 Symbols, 4 Trades, 4 x TP

Paslariu Marius
120
Paslariu Marius 2021.05.04 19:44 
 

For me this is the best EA ever,I had until now over 60 trades on 2 accounts(real money) and only 4 losses(quite small ones) .I totally reccomend because you can easily understand its logics and it`s better than any human execution

MARKMERCY2012
40
MARKMERCY2012 2020.12.10 15:41 
 

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

JBarck
338
JBarck 2020.12.02 19:21 
 

User didn't leave any comment to the rating

Yong Ket Hoong
376
Yong Ket Hoong 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 3.3 2021.10.19
Version 3.3
- fixed autoGMT bug (very rare)
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 2021.09.19
added manual GMT option
Version 2.2 2021.07.07
Added FIFO option
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