The Predator

The Predator 

The Predator is a trading robot that uses a combination of various custom indicators designed to characterize trends.  The Predator uses 2 take profit and stop loss levels.  The Predator continually monitors the market after an order and will seek to close the order at MinimumTakeProfit under imminent unfavorable conditions otherwise it maintains the position until MaximumTakeProfit is attained.  When the price moves past the minimum stop loss level a second compensating order is opened.  The Predator was adapted for the GBPUSD chart but in principle can be optimized for use on any symbol chart.


Description Of Important Parameters


LotIncreaseFactor: 
This parameter controls the size of the compensating trade in the trend model.  This factor increases the Lots to compensate for an existing trade.  Ideally this parameter should be set to a high value, above 10.
MaximumTakeProfit:
This is the level at which The Predator will close if no adverse market conditions are encountered.
MinimumTakeProfit: 
The Predator will try to close at this level when it encounters adverse market conditions.
MaximumTrailingStop: 
The maximum stop loss.
MinimumTrailingStop: 
If adverse market conditions are encountered and minimum stop loss level is passed, then The Predator will open the compensating order.  
EnvelopePeriodParameter:     
This is the period used to in the envelope indicator.
SaturationIndex:      
Trend parameter.  Recommended values are between 50 and 200.
ReversalIndex:         
Trend parameter.  Recommended values are between 5 and 80.  
HedgeParameter:
Used to characterize the market condition for engaging a compensating order.  Recommended values are between 0.1 and 1.0.
TrendConfidenceParameter:
Medium probability trend parameter.  Recommended values are between 0.3 and 1.0.
TrendContinuationParameter:
Medium probability trend parameter.  Recommend values are between 0.05 and 0.5.
UseMultipleFrames:
(VERY VERY IMPORTANT!!) MAKE SURE THAT UseMultipleFrames is set to Yes. 
 HedgingAllowed:
(VERY VERY IMPORTANT!!)  The Predator depends indispensably on the ability to hedge.  Use only brokers that allow hedging.  Set this parameter to Yes in order for The Predator to employ hedging in its trades.


Recommendations

  • 15 minute chart(Strongly Reccomended)
  • High value of LotIncreaseFactor.
  • The parameter UseMultipleFrames must be set to Yes(Very Strongly Recommended).
  • Account that allows hedging.(Very Very Strongly Recommended).

The Parameters

MAGICNUMBER  Magic number.

Lots   Lot size.

MaximumTakeProfit    The maximum take profit in points.

MinimumTakeProfit  The minimum take profit in points.

MaximumTrailingStop  The maximum trailing stop loss in points.

MininumTrailingStop  The minimum trailing stop loss in points.

EnvelopePeriodParameter Period of the envelope indicator.

SaturationIndex  Parameter for the trend model.

ReversalIndex  Parameter for the trend model.

HedgeParameter Parameter connected to the trend model that sets hedging criteria.

TrendConfidenceParameter Parameter connected to the trend model.

TrendContinuationParameter Parameter connected to the trend model.

UseMultipleFrames Use multiple frames in computations(Strongly Recommended to use multiple frames).

HedgingAllowed Set to Yes if Broker allows hedging(Account that allows hedging is Strongly Recommended).

EnableWeekendTrading Enable Weekend trading.

FridayStopTime Friday stop time.

MondayStartTime Monday start time.

 




























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Forex Diamond EA
Lachezar Krastev
5 (5)
BUY 1 and GET 1 FREE - Promotion! Buy Forex Diamond EA with a huge –60% discount and GET 1 FREE EA by your choice! Promo Price: $217 (Regular Price: $547 — You Save $330!) After purchase contact me to get your GIFT EA! You can also contact me to get the list of available GIFT EAs! Live Results:   https://www.mql5.com/en/signals/2379493 Forex Diamond EA – Reliable Automated Trading Powered by Smart Algorithms Forex Diamond EA is a proven expert advisor designed to deliver consistent results us
EA Games Changer
Tjia Elisabeth Jasmine Canadi
5 (3)
AI Games Changer – Sistema di media multicoppia + copertura (direzionale intelligente esteso) Versione: Interfaccia utente interattiva perfezionata - MT4 (corretta) Sviluppatore: CyberBot Project P R E P A R A T II O N Ecco la filosofia di Games Changer: se il trading è un gioco d'azzardo, abbraccialo con intelligenza. Attivando fino a 20 coppie contemporaneamente, i pattern di prezzo complementari creano un punto di equilibrio stabile, di gran lunga superiore all'affidament
ORIX mt4
Leonid Arkhipov
4.75 (4)
ORIX System — un robot di trading sviluppato specificamente per la coppia di valute GBPUSD sul timeframe M5 . L’Expert Advisor si basa sull’analisi del comportamento del prezzo e degli elementi della struttura di mercato e non utilizza indicatori tecnici standard. Il robot non utilizza martingala, griglie di trading, mediazioni contro il mercato, hedging, apertura di operazioni senza stop loss, né trading ad alta frequenza o caotico. Live signals Requisiti e raccomandazioni principali Coppia di
Gold Zilla AI MT4
Christophe Pa Trouillas
5 (2)
Genera rendimenti controllati con un   EA assistito da Grok AI , diversificato nel rischio e   ottimizzato per l'Oro . GoldZILLA AI è un algoritmo multi-strategia che rileva i regimi di mercato per selezionare dinamicamente tra cinque strategie distinte, ottimizzando i rendimenti mentre minimizza il drawdown su XAUUSD. [   Live Signal   ] - [  Dedicated group   | Version   MT5   -   MT4   ] Dopo l'acquisto, inviami un messaggio privato per ricevere il manuale utente e le istruzioni di configuraz
DAX Robot is an advanced automated trading system developed specifically for the   DAX 40 Index   on the H1 timeframe. Designed to handle the fast paced nature of one of Europe's   most actively traded indices , the robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic. The system focuses on identifying high probability   trading opportunities   by combining trend analysis, market momentum, and volatility based conditions. DAX Robot
Alex EA
Vasiliy Strukov
5 (2)
L'Expert Advisor Alex è basato sull'indicatore Vertex, uno strumento proprietario progettato per identificare potenziali inversioni di tendenza. I segnali di trading vengono generati quando l'oscillatore sottostante raggiunge condizioni di ipercomprato o ipervenduto e conferma un incrocio o un segnale di inversione.  Questo Expert Advisor multi-segnale avanzato integra l'analisi di tendenza, la valutazione del momentum e un timing di ingresso preciso in un unico sistema di trading intuitivo. Fi
XG Gold Robot MT4
MQL TOOLS SL
4.29 (42)
The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
Hamster Gold Trading
Nguyen Hang Hai Ha
3.5 (2)
Expert Advisor  Hamster Gold Trading  is an automatic trading robot programmed with exclusive and unique algorithms. The EA is optimized for the Gold market. EA's strategy applies movement patterns along with price momentum for reliable and accurate signals. Signals are also entered using the smart momentum trap method, where Stop orders are often canceled when momentum is not reached. Trades are closed quickly by Trailing and there is always a Stop Loss to control risk. Bonus: get free 1 EA wh
Altri dall’autore
Multi Period EMA A trend indicator based on the exponential moving average. Keeping track of multiple EMA is a more effective way of detecting possible trend development. This indicator allows for the setting of as many as 6 different EMA periods.  Unused period parameters can be set to zero to exclude the particular EMA from being displayed on the chart. Features Up to 6 EMA displayed on chart. Option to select high EMA and Low EMA in order to detect crossovers Alert in event that change in sl
Probability Model Probability Model is an EA that uses a model that estimates the probability that the price will move in a given direction.  The model identifies from the price history of a symbol variables that are used to determine the likely direction of price action.   In the event that the price action contradicts the predicted direction, the EA engage a hedge. Only when the probability of the price of the symbol to go in a given direction is computed to satisfy the required condition wil
There is a strong correlation between tick volume and real volume.  This is important for 2 reasons: Real volume is a very important indicator because, among many other benefits, it provides strong confirmations of the emergence/dissipation of trends. Real volume is not available in Forex, instead, one has to make do with tick volume. Unfortunately, tick volume is highly broker dependent.  Additionally, it is often not used effectively to define indicators.  Virtually all indicators that use
Volume Support EMA Signals uses the Volume Z Weighted Exponential Moving Average(VZWEMA) to identify trend signals with demonstrated market support.  This is accomplished by using the standard Exponential Moving Average(EMA) Indicator along with a VZWEMA.  The VZWEMA is a modified version of the traditional EMA indicator, where the z-scores of the tick volume is used in a weighting scheme that gives more weight for higher volume and less weight for lower volume.  An indicator that features the
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