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Golden Hunter MT5

 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
 

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.



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Welcome to Quantum Pips AI, a new generation expert advisor! PROMO LAUNCH ---> Only 5 copies will be sold for the fastest people at this price. Automatically after that the price will change to 250$ and will keep rising rapidly to make sure that the performance of the robot is adequate for real accounts. Contact me after purchase and  get a free indicator  (valued at over 65$) Quantum Pips AI is a cutting-edge Expert Advisor meticulously designed to profit from the forex market. This intelligent
Quantum Pips AI MT5
Rodrigo Arana Garcia
5 (3)
Welcome to Quantum Pips AI, a new generation expert advisor! PROMO LAUNCH ---> Only 5 copies will be sold for the fastest people at this price. Automatically after that the price will change to 250$ and will keep rising rapidly to make sure that the performance of the robot is adequate for real accounts. Contact me after purchase and  get a free indicator  (valued at over 65$) Quantum Pips AI is a cutting-edge Expert Advisor meticulously designed to profit from the forex market. This intelligent
Pips Hunter PRO MT4
Rodrigo Arana Garcia
3 (2)
Pips Hunter PRO has been developed over several years and is an improved version of its predecessor. This powerful indicator analyzes the market and price history to generate buy and sell entries. For the calculation of these entries it uses different indicators that work together as well as a complex statistical logarithm that filters out less favorable entries and eliminates them / MT5 version . The price will progressively increase due to the constant search to maintain a high level of effic
Auto Fibo MT5
Rodrigo Arana Garcia
4.38 (13)
Auto Fibo   is an indicator developed to enhance your manual trading. It will draw the golden ratio automatically, saving you time and facilitating your trading. Attach the indicator to the graph and it will automatically draw the exact golden ratio, saving you the trouble of having to find the critical point. The interface adjusts according to your computer to the approximate high and low points of the band. This indicator will correct most start and end point selection errors. For each band,
FREE
Top Bottom Tracker is an indicator based on sophisticated algorithms that analyse the market trend and can detect the highs and lows of the trend / MT5 version . The price will progressively increase until it reaches 500$. Next price --> $99 Features No repainting This indicator does not change its values when new data arrives Trading pairs All forex pairs Timeframe     All timeframes Parameters ==== Indicator configuration ==== Configuration parameter // 40 (The higher the
Auto Fibo MT4
Rodrigo Arana Garcia
5 (9)
Auto Fibo is an indicator developed to enhance your manual trading. It will draw the golden ratio automatically, saving you time and facilitating your trading. Attach the indicator to the graph and it will automatically draw the exact golden ratio, saving you the trouble of having to find the critical point. The interface adjusts according to your computer to the approximate high and low points of the band. This indicator will correct most start and end point selection errors. For each band, th
FREE
Golden Hunter MT4
Rodrigo Arana Garcia
4 (4)
MT5 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: Powerful entry strategy: Formed by an indicator that measures the volatility of the currency pair and identifies the market trend. LSMA: Smoothes the price data and is useful to detect the short term trend. Heikin Ashi: Once the indicator is attached to the chart, the Japanese candlesticks will change to Heikin Ashi candlesticks. This typ
FREE
Critical Zones MT5
Rodrigo Arana Garcia
Critical Zones   has been created especially for manual traders looking for more accurate market entries. This indicator uses advanced algorithms to detect areas of interest by calculating the most relevant support and resistance on the chart as well as their breakouts and retests. This indicator can be configured to send alerts and notifications when potentially lucrative buy/sell opportunities are detected, allowing traders to stay on top of trading opportunities even when they are not in fro
Critical Zones MT4
Rodrigo Arana Garcia
Critical Zones has been created especially for manual traders looking for more accurate market entries. This indicator uses advanced algorithms to detect areas of interest by calculating the most relevant support and resistance on the chart as well as their breakouts and retests. This indicator can be configured to send alerts and notifications when potentially lucrative buy/sell opportunities are detected, allowing traders to stay on top of trading opportunities even when they are not in front
Pips Hunter PRO MT5
Rodrigo Arana Garcia
Pips Hunter PRO   has been developed over several years and is an improved version of its predecessor. This powerful indicator analyzes the market and price history to generate buy and sell entries. For the calculation of these entries it uses different indicators that work together as well as a complex statistical logarithm that filters out less favorable entries and eliminates them /   MT4 version . The price will progressively increase due to the constant search to maintain a high level of e
Top Bottom Tracker   is an indicator based on sophisticated algorithms that analyse the market trend and can detect the highs and lows of the trend /   MT4 version . The price will progressively increase until it reaches 500$. Next price -->   $99 Features No repainting This indicator does not change its values when new data arrives Trading pairs All forex pairs Timeframe     All timeframes Parameters ==== Indicator configuration ==== Configuration parameter // 40 (The highe
Forex Vigor MT4
Rodrigo Arana Garcia
5/10 copies at 30$ ---> next 50$ //  MT5 version Forex Vigor  is a technical indicator that assesses the momentum strength of the 8 primary currencies (EUR, GBP, AUD, NZD, USD, CAD, CHF, JPY). The indicator relies on mathematical calculations that measure the lack of correlation among 28 currency pairs. To calculate their values, it analyses the percentage difference between the closing prices using the Linear-weighted averaging method (LWMA) plus a statistical system that eliminates values that
Forex Vigor MT5
Rodrigo Arana Garcia
5/10 copies at 30$ ---> next 50$ //  MT4 version Forex Vigor   is a technical indicator that assesses the momentum strength of the 8 primary currencies (EUR, GBP, AUD, NZD, USD, CAD, CHF, JPY). The indicator relies on mathematical calculations that measure the lack of correlation among 28 currency pairs. To calculate their values, it analyses the percentage difference between the closing prices using the Linear-weighted averaging method (LWMA) plus a statistical system that eliminates values tha
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RKE
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RKE 2023.01.21 04:31 
 

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Rodrigo Arana Garcia
43269
Reply from developer Rodrigo Arana Garcia 2023.01.21 10:18
Thanks for support my products RKE, enjoy it :)
Reply to review
Version 1.10 2023.02.24
A new alert function has been added at the request of a customer to the indicator. Now each alert will show the symbol from which it originates.