Hunter King

Hunter King — Gold Breakout & Momentum EA

Hunter King is a multi-strategy algorithmic trading system designed for Gold (XAUUSD), combining market-structure breakout and momentum-based strategies.

The EA uses internal H1 and D1 market analysis while operating from the recommended XAUUSD M5 chart. Its six independent modules are designed to identify potential breakout opportunities around important swing structures and manage trades using configurable protection and trade-management rules.

Core Strategy

• Market Structure: Identifies important swing highs and swing lows.
• Breakout Entries: Looks for potential directional moves around structural levels.
• Momentum Modules: Adds momentum-based breakout logic for different market conditions.
• Multi-Timeframe Analysis: Uses internal H1 and D1 data while the EA runs on M5.
• Six Independent Modules: Each strategy can be enabled or disabled individually.

Six Strategy Modules

• Breakout Alpha
• Breakout Beta
• Breakout Gamma
• Momentum Breakout Alpha
• Momentum Breakout Beta
• Momentum Breakout Gamma

Each module has its own structural parameters, entry offsets, order limits, take-profit scaling and expiration settings.

Automated Breakout Entries

Hunter King automatically identifies qualifying breakout setups and manages Buy Stop and Sell Stop pending entries according to market direction and its strategy filters.

• Buy Stop — bullish breakout opportunities
• Sell Stop — bearish breakout opportunities
• Automatic pending-order management

Trade Management

• Protective Stop Loss: Configurable stop-loss protection for new entries.
• Dynamic Take Profit: Module-based take-profit calculation using market conditions.
• Adaptive Volatility Trailing: Adjusts trade-management distances according to daily market volatility.
• Profit Protection: Can move protection beyond the original entry when configured conditions are reached.
• Fixed Trailing: Optional fixed-distance trailing mode is also available.

Built-In Market Filters

• Native MT5 Economic Calendar: Uses the built-in MetaTrader 5 Economic Calendar. No external news API is required.
• High-Impact News Filter: Can restrict new trading around high-impact US economic events.
• News Window: Configurable pre-news and post-news protection periods.
• Spread Filter: Restricts new entries when spread exceeds the configured limit.
• Session Filters: Asia, London, London/NY Overlap and New York sessions can be controlled.

Risk & Money Management

• Fixed Lot: Trade with a selected fixed lot size.
• Dynamic Risk %: Automatically calculates volume based on risk %, Stop Loss and account capital.
• Dynamic Capital Scaling: Automatically scales volume according to account capital.

Recommended Dynamic Setup: $600 per 0.01 lot with a $600 starting balance.

Example: $600 → 0.01 lot   |   $1,200 → 0.02 lot   |   $1,800 → 0.03 lot

Actual volume depends on broker specifications, margin requirements and available trading volume.

Set Files:
Ready-to-use .set presets are provided in the Comments section. Please check the Comments tab below the product description to download the available presets.

For Backtesting:
Use the included set files as starting presets and test them according to your account balance, broker conditions and risk preference. Always validate the settings on a demo account before live trading.

Preset performance may vary depending on broker, spread, execution and account conditions.

Trading Specifications

• Primary Market: XAUUSD (Gold)
• Recommended Chart: M5
• Internal Analysis: H1 & D1
• Strategy: Breakout & Momentum
• Strategy Modules: 6
• Position Sizing: Fixed Lot, Dynamic Risk % & Dynamic Capital Scaling
• News Filter: Native MT5 Economic Calendar
• Account Type: Standard, ECN or Raw Spread depending on broker conditions

Recommended Setup

• Attach Hunter King to a single XAUUSD M5 chart.
• Enable Algo Trading in MetaTrader 5.
• Review Buy/Sell permissions and strategy modules.
• Select the preferred position-sizing mode.
• For Dynamic Capital Scaling, the recommended starting configuration is $600 per 0.01 lot with a $600 initial balance.
• Review spread, session and news-filter settings.
• Test with your broker on a demo account before live deployment.

Premium Dashboard

The integrated dashboard provides a compact overview of the EA's current operating status.

• Active Strategies: Shows enabled strategy modules.
• Performance: Today, Week and Month results.
• Market Status: Spread, session and news status.
• Trading Status: Buy and Sell permissions.
• Engine Status: Current EA operating status.

Why Hunter King?

Hunter King focuses on identifying potential breakout opportunities in Gold through a structured six-module approach.

With multi-timeframe market analysis, breakout and momentum strategies, adaptive volatility management, native MT5 news filtering, configurable sessions and three position-sizing modes, Hunter King provides a flexible automated framework for XAUUSD trading.

Risk Disclosure

Trading Forex, precious metals and leveraged financial products involves a high level of risk. Leverage can increase both potential gains and losses.

Results may vary depending on broker conditions, spreads, slippage, execution speed, liquidity, account settings and market conditions.

Higher position sizes can produce larger profits but can also result in substantially larger losses and drawdowns.

Past performance and historical testing do not guarantee future results. Always test the EA with your own broker conditions and appropriate risk settings before live trading.

Only trade with capital you can afford to lose.

Support

For installation assistance, parameter configuration, broker compatibility or product support, please use the MQL5 messaging system.

Developed by Mohd Feroze — Algorithmic Trading Developer