PipsHunterFx AI
- Experts
- Version: 4.20
- Activations: 10
-PipsHunterFx-AI Expert Advisor
-Overview
PipsHunterFx-AI is an automated Expert Advisor for MetaTrader 5 designed for XAUUSD (Gold) trading. The EA analyzes price action and market structure to identify trading opportunities based on institutional trading concepts.
-Trading Approach
The EA monitors market structure in real time, identifying key swing points, structural levels, and trend shifts. Its analysis includes:
- Market Structure Analysis: Identifies swing highs, swing lows, and key structural levels where price is likely to react
- Trend Detection: Monitors for structural breaks and trend reversals through price action confirmation
- Volatility Adaptation: Uses ATR-based filtering to adjust trade parameters according to current market conditions
- Supply and Demand Zones: Detects areas of institutional interest based on price action behavior around structural levels
- Smart Entry Placement: All entries are placed as pending stop orders at calculated levels, allowing the market to confirm direction before execution
-Risk Management
Each trade is placed with a predefined Stop Loss and Take Profit. The EA includes the following risk controls:
- Fixed or percentage-based lot sizing
- Configurable Stop Loss distance in points
- Adjustable Risk-to-Reward ratio for Take Profit calculation
- Maximum pending orders limit to control exposure
- Minimum time interval between orders to prevent overtrading
- Weekend and session filtering to avoid low-liquidity periods
-Trailing Stop
The EA includes two trailing stop modes:
- Fixed trailing: Moves the Stop Loss by a fixed number of points as the trade moves into profit
- ATR-based trailing: Adjusts the trailing distance dynamically based on the ATR indicator value
Both modes use configurable activation thresholds and step sizes.
-On-Chart Dashboard
An optional dashboard displays current status information including: market structure trend direction, signal count, market volatility reading, trailing stop status, and a summary of completed trades with win rate and profit data.
-Configuration
The EA provides input parameters organized into the following groups:
- Capital Management: Lot mode, lot size, risk percentage, maximum lot size
- Detection: Swing point sensitivity and minimum price action size for signal filtering
- Risk Protection: Stop Loss distance and Risk-to-Reward ratio
- Trailing: Trailing type, activation distance, trailing distance, ATR multiplier
- Order Management: Daily pending order cleanup with configurable hour
- Visualization: Dashboard and chart markings on or off
-Setup Assistance
We provide assistance with initial configuration upon request. Contact us through the MQL5 messaging system after purchase for help adjusting parameters to your account size and preferences.
-Technical Specifications
- Platform: MetaTrader 5
- Instrument: XAUUSD (Gold)
- Execution: Pending stop orders
- Recommended: VPS for uninterrupted operation
- Compatible with all MT5 brokers that support XAUUSD trading
-Risk Disclaimer
Trading foreign exchange and Gold (XAUUSD) on margin carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results.
PipsHunterFx-AI is an automated trading tool. It does not constitute financial, investment, or trading advice. No Expert Advisor can guarantee profits or eliminate the risk of loss.
You are solely responsible for your trading decisions. Never invest money you cannot afford to lose. By using this Expert Advisor, you acknowledge that you fully understand and accept the risks associated with automated trading.
