Golden Hunter MT5

4.72

 MT4 Version

Golden Hunter has been developed for traders who trade manually in the markets. It is a very powerful tool consisting of 3 different indicators:

  1. Powerful entry strategy: Formed by an indicator that measures the volatility of the currency pair and identifies the market trend.
  2. LSMA: Smoothes the price data and is useful to detect the short term trend.
  3. Heikin Ashi: Once the indicator is attached to the chart, the Japanese candlesticks will change to Heikin Ashi candlesticks. This type of candlestick smoothes the price information, which allows solid trends to be detected.


Features

No repainting
This indicator does not change its values when new data arrives
Trading pairs
Pairs with very low spreads and which are volatile (EURUSD, GBPUSD, BTCUSD...). It is not recommended to use range pairs
Time period
M5
Trading time
It is preferable to trade during daylight hours when there is more movement in the markets and spreads are kept low
Buffers  Buy Buffer: 10 / Sell Buffer: 13
 

Requirements

It is mandatory to use an ECN broker with tight spreads for scalping positions.


How to install

Attach the indicator to the preferred trading pair (Time Period M5).


Configuration

The default setting is the most effective I have found for 5 minute time frames.

You can use a setting that best suits your trading mode.


How to use it

It is very simple to use (explained in pictures): The indicator will show buy and sell signals as the price moves.
  1. A buy position should only be opened when the signal (arrow) is above the white line. 
  2. A sell position should only be opened when the signal (arrow) is below the white line.
When to close the trade: Two methods can be used.
  1. When the candles cross the white line.
  2. Using an extra indicator that draws supports and resistances, closing the trade when both supports and resistances are reached. (In a future update I will try to add this functionality to the indicator).

Warnings

I only sell my EA's on MQL5.com. If someone contacts you to sell you my EA's, then they are scammers who only want your money.

Also if you buy my EA's from an external website, I assure you that they will be fake versions and will not work the same as the originals.



Reviews 28
Claudio Possoni
23
Claudio Possoni 2025.09.09 14:30 
 

PROGRAMA SENSACIONAL!!!

pusoman
24
pusoman 2025.08.25 20:14 
 

Igen, jó! Jó lenne, ha SL és TP szinteket is mutatna.

ala Turkmani
237
ala Turkmani 2025.08.21 17:04 
 

Very Good product, push reminder through mobile will make it an excellent product

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Filter:
Claudio Possoni
23
Claudio Possoni 2025.09.09 14:30 
 

PROGRAMA SENSACIONAL!!!

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.09.09 14:43
Thank you so much Claudio !
pusoman
24
pusoman 2025.08.25 20:14 
 

Igen, jó! Jó lenne, ha SL és TP szinteket is mutatna.

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.08.25 20:15
Thank you very much ! I will take that into consideration
Evgeny Belyaev
89815
Evgeny Belyaev 2025.08.22 21:32 
 

User didn't leave any comment to the rating

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.08.23 06:26
Thank you so much Evgeny!
ala Turkmani
237
ala Turkmani 2025.08.21 17:04 
 

Very Good product, push reminder through mobile will make it an excellent product

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.08.21 17:30
Thank you so much ala !! Check new update, email alert was added, now all existing alerts are displayed.
ramistrengthmena
57
ramistrengthmena 2025.08.20 06:37 
 

User didn't leave any comment to the rating

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.08.20 12:08
Thank you so much !!!
djavorsky
71
djavorsky 2025.08.13 01:01 
 

Rare to find an indicator that maintains its accuracy throughout any time frame, very well done, minor complaints about the indicator resetting personalized visuals on every change, probably because the indicator is being removed and re-added to the chart instead of being refreshed. But otherwise, solid. Makes for a great little EA that will trade entry to entry.

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.08.13 06:50
Thank you so much !
neri dario
23
neri dario 2025.06.19 17:14 
 

User didn't leave any comment to the rating

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.07.27 11:02
gracias amigo -!!
muyu1520
14
muyu1520 2025.06.17 05:45 
 

要是能做成自动化交易就完美了,请问移动端能使用吗?

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.06.17 06:38
Hi check DM
Benjamin Afedzie
3053
Benjamin Afedzie 2025.06.10 14:37 
 

nice work

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.06.10 14:40
Thank you!!
Lydia Kwarteng
1607
Lydia Kwarteng 2025.06.07 11:39 
 

User didn't leave any comment to the rating

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.06.07 12:10
Thank you !!
Sanasaze co
28
Sanasaze co 2025.06.05 12:47 
 

Nice But Not as effective as it Showes...

Nchimunya Mwewa
39
Nchimunya Mwewa 2025.05.27 20:30 
 

Very Good product,push reminder will make it an excellent product

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.05.28 07:24
Thank you so much !
369Success963
96
369Success963 2025.05.08 13:03 
 

User didn't leave any comment to the rating

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.05.08 13:12
Thank you for your review !!!
Muhammad Hambali
21
Muhammad Hambali 2025.05.05 15:34 
 

For a free product this is amazing. thumbs up

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.05.05 15:46
Thank you so much!
gimboo
24
gimboo 2025.04.21 03:36 
 

Very good indicator, thanks

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.04.21 05:27
Thank you!!
Ed_ Edward
165
Ed_ Edward 2025.04.14 13:02 
 

great indicator for free

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.04.14 13:48
thank u !!
1116975 GREENWOOD
35
1116975 GREENWOOD 2025.04.09 07:46 
 

User didn't leave any comment to the rating

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.04.09 08:45
Hello, thanks for your good review, I will add them in the next update ;)
Gordon888
50
Gordon888 2025.03.28 02:40 
 

Very good indicator. It gives me confidence to enter trades. Could you please add push notifications to mobile , I will gladly pay for an updated version.Thank you for creating this wonderful indicator. Well done!

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.03.28 06:40
Thank you!! In next updates it will be added
NPSTrader
17
NPSTrader 2025.03.25 12:53 
 

Very good indicator so far I´ve demoed it and it seem to be having a genuinly high success rate. And this developer actually responds to messages!!! :)

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.03.25 13:48
thank you for your nice review !
Laurent Marc Verdun
1291
Laurent Marc Verdun 2025.02.28 10:04 
 

Very good thanks you !

Rodrigo Arana Garcia
95449
Reply from developer Rodrigo Arana Garcia 2025.03.25 13:48
thank you for your nice review !
12
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