Hunter Eyes EA MT5
- Experts
- Version: 1.0
- Activations: 19
Hunter Eyes EA PRO is a professional, high-precision automated trading system designed for MetaTrader 5. It focuses on the intersection of price action and candle structure to capture high-probability market movements. Unlike traditional EAs that rely on lagging indicators, Hunter Eyes utilizes real-time price dynamics at critical candle transition points to execute trades with surgical precision.
Core Strategy Logic
The EA employs a specialized Candle Dynamics Strategy. It monitors the behavior of price relative to the candle's high and low during its terminal phase. The algorithm is designed to identify whether the market is showing signs of a strong breakout (Trend Mode) or an exhaustion/mean-reversion (Reversal Mode).
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Trend Mode: Captures momentum when the price aggressively pushes through structural levels.
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Reversal Mode: Identifies potential "fake-outs" or exhaustion at the candle extremes to trade the bounce.
Advanced Risk & Profit Management
The "PRO" version is built with a "Safety First" architecture, featuring multiple layers of protection:
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Equity Step Exit: A unique milestone-based profit-taking system. It allows the EA to lock in account growth at specific profit intervals ($50, $100, etc.), protecting your capital from sudden market reversals.
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Profit-Based Grid System: Unlike risky loss-averaging grids, this EA features a smart grid that can be configured to scale into winning positions, maximizing gains during strong moves.
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Emergency Stop Protection: A global account-level stop loss that acts as a circuit breaker during extreme market volatility.
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Dynamic TP Logic: An optional feature that calculates the optimal exit point based on the total basket of active trades.
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Time-Filtered Exit: Includes a Friday Close function to avoid weekend gaps and low-liquidity risks.
Main Features
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Fully Automated: Hands-free trading from entry to exit.
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Highly Customizable: Switch between Trend and Reversal logic based on your market view.
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Flexible Timeframes: Compatible with multiple timeframes (Optimized for M1 and higher).
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Disciplined Execution: Every trade is strictly managed with hidden or fixed SL/TP settings.
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Built-in Protection: Margin checks and slippage control to ensure quality execution.
Input Parameters Highlights
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Signal Mode: Choose between Trend or Reversal logic.
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Signal Filter: Ability to restrict the EA to Buy-only or Sell-only modes.
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Equity Step Amount: Set your desired profit milestones for automatic global closure.
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Grid Profit Trigger: Define the distance for scaling into profitable positions.
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Emergency Stop: Total dollar amount loss limit for account protection.
Recommendation
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Minimum Balance: $100 (For 0.01 lot size).
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Account Type: ECN, Raw Spread, or Low Spread accounts.
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VPS: Recommended for 24/7 low-latency execution.
Risk Warning: Trading Forex and financial instruments involves significant risk and can result in the loss of your invested capital. Past performance is not indicative of future results. Always test on a demo account before moving to a live environment.
