Hero Hunter MT5 Expert Advisor
- Experts
- Version: 1.19
- Activations: 20
Hero Hunter MT5 Expert Advisor - Advanced Algorithmic Grid & Martingale System with Smart Recovery
HERO HUNTER EA is a sophisticated, fully automated trading system designed to navigate market fluctuations with precision and discipline. Built on a robust grid and martingale framework, it incorporates intelligent recovery mechanisms and strict risk management protocols to protect your capital while aiming for consistent growth. Whether you are trading major forex pairs or indices, this EA adapts to market conditions dynamically, ensuring that your trading strategy remains resilient in both trending and ranging environments.
Key Advantages & Features
- Smart Overlap Recovery: The system intelligently identifies paired positions (one in profit, one in loss). When the profitable position covers the loss plus a predefined net profit percentage, both are closed simultaneously. This dramatically accelerates drawdown recovery.
- Dynamic Grid Spacing: Instead of rigid, fixed distances, the EA can expand the gap between new grid layers dynamically during extended market moves, preventing premature over-leveraging.
- Comprehensive Risk Management: Features built-in Maximum Drawdown protection, Dollar-based Take Profit, and Virtual Take Profit options to secure gains and prevent catastrophic account blowouts.
- Adaptive Lot Sizing: Optional auto-lot calculation scales your initial trade size proportionally to your account balance, ensuring consistent risk management as your account grows.
- Built-in Spread Filter: Automatically pauses trading during high-spread, low-liquidity market conditions (e.g., major news events or market rollover) to avoid unfavorable entries.
- Trailing Stop Integration: Automatically locks in profits by trailing the stop loss behind favorable price movements, securing gains before a market reversal.
- Elegant Real-Time Dashboard: A clean, modern on-chart panel displays vital account metrics, including Balance, Equity, Floating P/L, active grid layers, and system status at a glance.
Input Parameters & Descriptions
Basic Settings
- InpUseHedge (bool): Enable simultaneous Buy and Sell grid sequences. If false, the EA will only trade in one direction at a time.
- InpTradeBuy (bool): Allow the EA to open Buy positions.
- InpTradeSell (bool): Allow the EA to open Sell positions.
- InpMaxBuyOrders (int): Maximum number of concurrent Buy grid layers allowed.
- InpMaxSellOrders (int): Maximum number of concurrent Sell grid layers allowed.
Lot Management
- InpInitialLot (double): Starting lot size for the first order in a sequence.
- InpAutoLot (bool): Enable automatic lot size calculation based on account balance.
- InpAutoLotSize (double): The amount of capital required to increase the lot size by 0.01 (e.g., 1000.0 means 0.01 lot per $1000 balance).
- InpLotMultiplier (double): The multiplier applied to the lot size for each subsequent grid layer (Martingale factor).
- InpMaxLot (double): Absolute maximum lot size allowed for any single order to prevent excessive risk.
- InpMagic (ulong): Unique identifier for this EA’s trades, allowing multiple instances to run on the same account without interference.
Exit & Targets
- InpUseMoneyTP (bool): Enable closing of all positions when a specific dollar profit target is reached.
- InpMoneyTP (double): The target profit amount in account currency (e.g., USD).
- InpVirtualTP (bool): Use a virtual (hidden) take profit managed by the EA, rather than sending TP orders to the broker.
- InpTPPoints (int): Distance in points from the average entry price to trigger the Take Profit.
- InpUseMaxDrawdown (bool): Enable emergency capital protection.
- InpMaxDrawdownPercent (double): Maximum allowable equity drawdown percentage. If reached, all positions are closed immediately to save the account.
Distance Settings
- InpFixDistance (int): Standard distance in points between consecutive grid orders.
- InpOrderDynamicDistance (int): The grid layer number at which the EA switches from fixed distance to dynamic distance.
- InpDynamicDistanceStart (int): The starting distance in points for the dynamic grid expansion.
- InpDistanceMultiplier (double): The multiplier applied to increase the distance between orders in the dynamic phase.
Overlap & Trailing
- InpOverlapLastOrder (bool): Enable the Smart Overlap recovery feature.
- InpOverlapLastOrderNum (int): Minimum number of grid layers required before the Smart Overlap feature becomes active.
- InpOverlapPercent (double): The net profit percentage required to close a paired high-profit and high-loss position.
- InpUseTrailingStop (bool): Enable automatic trailing stop for individual positions.
- InpTrailDistance (int): Distance in points from the current price to place the trailing stop.
- InpTrailStep (int): Minimum distance in points the price must move favorably before the trailing stop is updated.
DISCLAIMER & RISK WARNING
- High Risk Warning: Trading foreign exchange, indices, and other financial instruments on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage and martingale/grid strategies can work against you as well as for you.
- No Guarantees: Past performance, backtest results, and live trading history are not indicative of future results. There is no guarantee that this software will generate profits or prevent losses.
- User Responsibility: You are solely responsible for your trading decisions, capital allocation, and risk management. The developer and distributor of this software assume no liability for any financial losses, account blowouts, or technical errors incurred while using this product.
- Recommendation: It is strongly recommended to test this Expert Advisor thoroughly on a Demo Account under live market conditions before deploying it on a live trading account. Ensure your broker's conditions (spreads, commissions, and execution speed) are compatible with grid-based strategies.
- Capital Protection: Always use funds you can afford to lose. Configure the InpMaxDrawdownPercent and InpMaxLot parameters conservatively to align with your personal risk tolerance.
By purchasing, downloading, or using this software, you acknowledge that you have read, understood, and agreed to this disclaimer in its entirety.
