Euro Hunter

1

EURO HUNTER - NO Martingale - NO Hedging - NO Risky trading strategies!!!! --------------Just IN and OUT--------------


Hunter uses RSI 2-Period strategy to open a position. After opening a position it follows the price with trailing stop loss.

 

Important!

Euro Hunter is a fully automated Expert Advisor. It is designed for market conditions after 2017. All screenshots belong to backtests with EURUSD H1 timeframe since 01 January 2018.


Hunter is based on three main steps: Open a new order, follow the price and if needed update stoploss level.

  • This MQL4 Expert Advisor is an adaption of the trading strategy made famous by trading legend Larry Conners. 

  • The EA essentially buys on the dips and sells on the rises. 

  • Buy Signal: Current candle is above the 55 EMA RSI 2 period is below 10 

  • Sell Signal: Current candle is below the 55 EMA RSI 2 period is above 90 


Warning! 

ECN brokers are highly recommended for users to maximize the profit.

Recommendations

  • EA Settings: Use the default parameters.
  • Symbol: EURUSD is suggested.
  • Timeframe: H1 is suggested.
  • Brokers: ECN brokers, low spread/commission, non-FIFO or FIFO.
  • Trading Condition: Ranging.
  • Minimum Deposit: $100.

!!! Important Note: Before back test, be sure the history data downloaded fully and correctly !!!

Parameters

  • Lots - Initial volume to open positions.
  • MaximumSpread - Limits to open new positions with high spread symbols.
  • MaximumLongPositions - Limits to open new long positions. For each bar a new position can be opened until the number of the positions reaches the defined limit.
  • MaximumShortPositions- Limits to open new short positions. For each bar a new position can be opened until the number of the positions reaches the defined limit.
  • StopLoss: This parameter defines the initial stoploss level.
  • TrailingStop: For each pips of defined TrailingStop move, Hunter updates the stop loss level.
  • TrailingStep: For each stop loss update, Hunter updates the stop loss level with the pips of defined TrailingStep behind.
  • Comments: Defines the comment for each position opened by Euro Hunter.
  • MagicNumber: Defines the magic number for each position opened by Euro Hunter.

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AI   Forex Robot - The Future of Automated Trading. AI Forex Robot is powered by a next-generation   Artificial Intelligence   system based on a hybrid LSTM Transformer neural network, specifically designed for analyzing XAUUSD, EURUSD   and BTCUSD price movements on the Forex market. The system analyzes complex market structures, adapts its strategy in   real time   and makes data-driven decisions with a high level of precision. AI Forex Robot is a modern, fully automated system powered by   ar
Quantum Dark Gold
Nguyen Hang Hai Ha
3.33 (9)
Quantum strategy is a combination of quantum superposition and trading signal model. EA Quantum Dark Gold determines Buy and Sell positions simultaneously for each signal and simultaneously places 2 orders Buy Stop and Sell Stop. Then the momentum determines which order position is executed and cancels the remaining pending order. This interesting idea forms the Quantum Dark Gold with a unique entry method. Open positions are then managed by Trailing, Stop Loss and position balancing strategies
Trick Device MT4
Connor Michael Woodson
Trick Device è un sistema di scalping a breve termine per coppie di valute che può prendere decisioni basate su una connessione API all’API DeepSeek. IMPORTANTE! Contattami dopo l’acquisto per istruzioni dettagliate e complete! Segnale Live: CLICCA QUI Il prezzo attuale verrà aumentato perché pago personalmente l’utilizzo dell’API. Prezzo a tempo limitato: 79 USD Ogni operazione è singola. Zero grid o martingala. Trailing stop intelligente e dinamico basato sulla volatilità giornaliera Consigl
Trust EA MT4
Konstantin Kulikov
Trust EA   is a real trader's tool, working on a clear principle, with its advantages and disadvantages, so it will not suit everyone, but for some users it can become the best trading robot. * Limited special offer - 50% off the full price of the product. Only 5 copies at this price. * Discuss the complexities of Forex trading here:  chat "Age of Expert Advisors" . Logic I have been working with algorithmic trading systems since 2015, and in my experience, systems with a small StopLoss size ar
XGen Scalper MT4
Burak Baltaci
3 (2)
XGen Scalper MT4 - Sistema di trading automatico professionale XGen Scalper è un Expert Advisor all'avanguardia che combina un'analisi tecnica comprovata con una struttura algoritmica avanzata per offrire risultati coerenti su tutti i mercati. Questo potente sistema di trading funziona senza problemi su coppie forex, metalli preziosi come oro e argento, criptovalute e indici delle materie prime. Tecnologia algoritmica avanzata L'algoritmo di scansione delle onde brevettato elabora i dati di
Aura Neuron MT4
Stanislav Tomilov
4.44 (16)
Aura Neuron è un Expert Advisor distintivo che continua la serie di sistemi di trading Aura. Sfruttando reti neurali avanzate e strategie di trading classiche all'avanguardia, Aura Neuron offre un approccio innovativo con eccellenti prestazioni potenziali. Completamente automatizzato, questo Expert Advisor è progettato per negoziare coppie di valute XAUUSD (GOLD). Ha dimostrato una stabilità costante su queste coppie dal 1999 al 2023. Il sistema evita pericolose tecniche di gestione del denaro,
EA Black Dragon
Ramil Minniakhmetov
4.75 (566)
EA Black Dragon funziona con l'indicatore Black Dragon. L'EA apre uno scambio in base al colore dell'indicatore, quindi è possibile aumentare la rete di ordini o lavorare con uno stop loss. IMPORTANTE! Contattami subito dopo l'acquisto per ricevere istruzioni e un bonus! Il monitoraggio del lavoro reale, così come i miei altri sviluppi, possono essere visualizzati qui: https://www.mql5.com/en/users/mechanic/seller Tutte le impostazioni possono essere trovate qui! Parametri in entrata: ·
Altri dall’autore
Definition Pompalamasyon is a fully automated trend trader that performs best on  1 Hour   EURUSD  Chart. This EA uses  Simple Moving Average Indicator ,  Stochastic   Oscilator, RSI and  Ichımoku to define the trade direction and sends an order. While sending an order the EA sets the take profit and stop loss points. Pompalamasyon is not a scalper. There are no risky hedging or martingale strategies used. Recommendations EA Settings : Use default settings. Symbol : EURUSD. Time Frame :H1. Broke
Wait & See Wait & See is a fully automated Expert Advisor. No manual trading is suggested. All screenshots belong to backtests with EURUSD H1 timeframe. WARNING: Wait & See  uses 1,2,3,4 and 5 as magic numbers. If you are using other Expert Advisors to send orders at the same time with  Wait & See , do not use these preserved magic numbers for other orders. Wait & See  is based on three main steps: Open a new order, martingale if needed and take profit. Open new order:  Wait & See uses the MAC
Hedge Guru is a full automated Expert Advisor that can work on all timeframes with  all currencies . 1 Hour timeframe and major currencies recomended. It simply uses the combination of martingale and hedging strategies with stop loss to reduce the risk. MaximumLevel Parameter defines the point to close an order with loss. Attention: For targeting more profit with HEDGE GURU , using high lot size is not recommended, for targeting higher profits, HEDGE GURU should be used on multiple currencies
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Nur 2020.06.18 16:07 
 

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