Hun Red Robin Hunter

Hun Red Robin Hunter

Hun Red Robin Hunter is an Expert Advisor for MetaTrader 5 that combines TRIX-based trading signals with configurable market filters, ATR-based stops and automated position management.

The EA is designed for use on EURUSD, GBPUSD and XAUUSD charts on the M15 timeframe, with separate parameter presets for each instrument.

Trading Strategy

The EA evaluates entry signals using completed candles. You can choose between two TRIX signal modes:

• Zero-line crossover.

• TRIX and signal-line crossover.

Optional ADX, moving average, RSI and higher-timeframe TRIX filters help define the conditions required for an entry. Each filter can be configured or disabled.

The EA manages one position at a time per instance. Optional settings allow you to invert the trade direction or close an existing position and attempt a reversal when an opposite signal appears.

Main Features

• ATR-based stop loss and take profit: Initial stop distances adapt to market volatility.

• Risk-based position sizing: Trade volume is calculated from your selected risk percentage and initial stop-loss distance, using either account balance or equity.

• Entry controls: Configurable spread and minimum ATR limits can prevent new entries when the selected conditions are not met.

• Margin checks: The EA checks margin requirements before opening a position.

• Break-even and trailing stop: Optional tools adjust the stop loss as a trade moves into profit.

• Partial profit taking: Close a configurable portion of a position when the selected reward-to-risk threshold is reached, with an optional move to break-even.

• Trading schedules: Select trading days and configure London, New York, Tokyo and Sydney session windows.

• Server-time settings: Choose NY-close, fixed-offset or live automatic time handling.

• Daily risk controls: Restrict new entries after a configured daily loss threshold or consecutive-loss limit is reached.

• On-chart information panel: View indicator values, spread, session status and risk-lock status.

Operational Features

The EA saves key position-management and daily risk-control state to support recovery after a terminal restart.

A duplicate-instance guard helps prevent two instances from using the same account, server, symbol and magic number. Execution checks reconcile entry and partial-close requests with position and trading-history information.

Setup and Important Notes

• Use the preset matching your instrument on an M15 chart.

• Configure the server-time settings for your broker.

• Spread, slippage and minimum ATR settings are expressed in points, not pips.

• Use a different magic number for additional instances on the same instrument.

• On netting accounts, do not trade the same instrument manually or with another EA while this EA is managing it.

• For backtesting, use NY-close or fixed-offset time mode. Live automatic time mode is not supported in the Strategy Tester.

The daily loss control compares account equity with the stored day-start balance. It can block this instance’s new entries and optionally close its own position; it does not manage or close all positions on the account. The consecutive-loss counter resets at the start of each server day.

Risk Notice

Trading involves risk. Risk settings and stop orders do not guarantee a maximum realized loss. Results depend on market conditions, broker execution, trading costs and the selected parameters. Historical performance does not guarantee future results. Test your chosen settings before using the EA on a live account.