Hunter on the channel breakout Bot

Hunter on the channel breakout Bot

The Expert Advisor places the necessary amount of BuyStop and SellStop pending orders with predefined StopLoss and TakeProfit levels at the specified time daily.

The EA calculates the channel width using the ZigZag indicator and sets a grid of BuyStop and SellStop pending orders according to the specified settings. The first pair of BuyStop and SellStop pending orders is placed at a predetermined distance from the channel borders. The distance is set in the percentage of the calculated channel width. The channel width is calculated by the specified amount of the ZigZag peaks. StopLoss and TakeProfit levels are set for each order (specified in the parameters). The next pair of orders is set at the TakeProfit level of the previous one.

Pending order placing time is set in the EA parameters. The time of non-activated pending order removal is also specified in the parameters.

The parameter values ​​specified in paragraphs (zero, second or fourth decimal place).

The EA works on any symbol and timeframe (TF).

You can set a special number to distinguish the EA's orders from orders of other tools. You can attach the EA to different charts with same instrument but different parameters. In this case, you should set different numbers for each chart. You do not have to change a number if charts have different instruments. There won't be any confusion.

Adjustable Parameters

  • Size of the bet, lots - bet size of each grid order in lots
  • TakeProfit level, pips - profit for each grid order in points
  • StopLoss level, pips - stop level for each grid order in points
  • Number of bets in the series - number of orders in each series (1 is a single pair of orders - one BuyStop and one SellStop)
  • Indentation from the channel to % - indentation of the first pair of pending orders from the channel border in percentage of the channel width
  • Time of placing trades - pending order placement time (hour:min) - server time
  • Time of removal deals - pending order removal time (hour:min) - server time
  • Waiting time of the orders, min - order send waiting time in minutes
  • To send the expiry date - send pending order expiration time to the server (set to False in case of error 147)
  • Number of calculation points zigzag - number of the ZigZag reference points for plotting the channel
  • Slippage - slippage (parameter for placing orders)
  • Room Advisor - EA's magic number
  • Depth - the setting of the zigzag indicator - Depth ZigZag indicator parameter (see below)
  • Deviation - the setting of the zigzag indicator - Deviation ZigZag indicator parameter (see below)
  • Backstep - the setting of the zigzag indicator - Backstep ZigZag indicator parameter (see below)
  • Arrow color orders BuyStop(Blue) - BuyStop order arrow color (no arrows by default)
  • Arrow color orders SellStop(Red) - SellStop order arrow color (no arrows by default)
  • Transfer to break-even (0=Off), pips - value in points at which the order is transferred to breakeven
  • Minimum profit when break-even, pips - the value of the breakeven points
  • Display a comment (ON / OFF) - display comments in the upper left corner? (well/no).

Depth is a minimum amount of bars that will not have the second maximum/minimum less/more by Deviation pips than the previous one. Backstep is a minimum number of bars between maximums/minimums.

It is reasonable to set the indentation of the first pair of pending orders by Fibonacci levels - 23.6, 38.2, 50.0, 61.8.

Comments

The EA shows the following data in the upper left corner of the active chart:

  • the EA name and its basic parameters
  • calculated channel width
  • calculated indentation of the first pair of orders

Alternative Use

The EA can be used instead of the Hunter on the channel breakout BuyStop SellStop script for the automated setting of an order grid.

Example

Figures indicate an example of the EA setting and its testing in the strategy tester. The parameters are set with no selection and optimisation.

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Ask in private for more details after purchase FlipDemonHFT Flipdemon vX: The Next-Level Forex Trading Robot Flip your capital fast with Flipdemon vX — a powerful trading robot designed for rapid growth, sniper entries, and consistent profits. Built for serious traders who want results in days, not months.. Discounted   price .  The price will increase by $500 with every 10 purchases. ***Buy FLIPDEMON HFT MT4 and you could get TINGA TINGA or  FLIPDEMON HFT MT5 for free !*** Ask in privat
Bitcoin Robot Grid MT4
MQL TOOLS SL
5 (16)
Experts
Bitcoin Robot Grid MT4 is an intelligent trading system designed to automate BTCUSD trading using the grid trading strategy. This method takes advantage of market fluctuations by placing a structured series of buy and sell orders at predefined price levels. The robot   continuously monitors market   conditions and executes trades according to its preset parameters, allowing for consistent market engagement without the need for manual intervention. Bitcoin Robot Grid is the   perfect solution  
Aura Black Edition
Stanislav Tomilov
4.6 (20)
Experts
Aura Black Edition é um EA totalmente automatizado projetado para negociar apenas OURO. O especialista mostrou resultados estáveis ​​no XAUUSD no período de 2011-2020. Nenhum método perigoso de gerenciamento de dinheiro usado, sem martingale, sem grade ou scalp. Adequado para quaisquer condições de corretor. EA treinado com um perceptron multicamadas A Rede Neural (MLP) é uma classe de rede neural artificial (ANN) de feedforward. O termo MLP é usado de forma ambígua, às vezes vagamente para qual
EA Gold Stuff
Vasiliy Strukov
4.7 (1085)
Experts
EA Gold Stuff é um EA projetado especificamente para o comércio de ouro. O trabalho é baseado na abertura de ordens no indicador Gold Stuff, portanto, o consultor trabalha na estratégia "Trend Follow", o que significa seguir a tendência. Importante! Entre em contato comigo imediatamente após a compra para obter instruções e bônus! Você pode obter uma cópia gratuita do nosso indicador Strong Support e Trend Scanner, envie uma mensagem privada. a mim! Os resultados em tempo real podem ser vist
Dark Algo
Marco Solito
4.65 (66)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd and Gbpusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market
AI Forex Robot MT4
MQL TOOLS SL
4.29 (17)
Experts
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)
Experts
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
HFT Prop Firm EA
Dilwyn Tng
4.96 (632)
Experts
HFT Prop Firm EA, también conocido como Green Man debido a su distintivo logotipo, es un Asesor Experto (EA) diseñado específicamente para superar desafíos o evaluaciones de empresas comerciales propietarias (prop firms) que permiten estrategias de comercio de alta frecuencia (HFT). Por tiempo limitado: utilidades gratuitas por valor de $198 cuando compras HFT Prop Firm EA Versión para MT5: https://www.mql5.com/en/market/product/117386 Monitor de Rendimiento del Desafío HFT (a partir de $200): B
Mon Scalper MT4
Xuan Bach Nguyen
Experts
Mon Scalper - Dual-Trendline Breakout Scalping Expert Mon Scalper is a specialized Expert Advisor designed exclusively for gold (XAUUSD) trading. It utilizes a unique dual-trendline strategy to identify strong trends and breakout points, executing trades automatically based on market conditions. Join My MQL5 Channel for the Latest Updates! Real-Time Signal :  https://www.mql5.com/en/signals/2361936 Pricing : Launch Price : $199 Incremental Price Increase : The price will increase by $100 after
EA Gold Algo
Mohamed Hassan
4.33 (3)
Experts
EA Gold Algo is a professional Expert Advisor specifically designed for Gold (XAUUSD) trading. It is engineered to capture extremely fast price movements  that occur when price escapes key structural zones with momentum. Gold is known for sharp expansions and aggressive volatility. EA Gold Algo is built to operate in these conditions with high-precision execution, strict risk control, and fast reaction speed . The EA does not use grid or martingale techniques . Each trade is executed independe
EA Legendary Scalper MT4
Ruslan Pishun
Experts
Real monitoring :  XAUUSD__BTCUSD__ M30__SL3 ,      XAUUSD M30 SL3 ,      XAUUSD M30 SL2 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  1   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  450   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  649   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That
Forex GOLD Investor
Lachezar Krastev
4.46 (50)
Experts
WINTER SALE — FINAL DAYS! Get Forex GOLD Investor with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Price: $217 (Regular Price: $547 — You Save $330!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Live Results: https://www.m
Trend AI EA
Ramil Minniakhmetov
4.16 (55)
Experts
O EA Trend Ai foi projetado para funcionar com o indicador Trend Ai, que realizará sua própria análise de mercado combinando a identificação de tendências com pontos de entrada acionáveis e alertas de reversão, assumindo todos os sinais do indicador de forma totalmente automática! O EA contém diversos parâmetros externos totalmente ajustáveis e permite que o trader personalize o especialista de acordo com sua escolha. Assim que o ponto verde aparecer, o EA se preparará para uma operação de com
GoldPro
Sergey Batudayev
5 (2)
Experts
GoldPro (MT4) — Consultor Especialista para XAUUSD com 2 modos selecionáveis: Clássico e Scalping. GoldPro é um sistema de negociação automatizado para   XAUUSD (Ouro)   desenvolvido para traders que buscam estrutura, controles de risco claros e um EA (Expert Advisor) capaz de operar em diferentes ritmos de mercado. Dentro de um EA (Expert Advisor), você pode escolher   como ele opera   : 1) Modo Clássico — lógica tranquila para swings e pullbacks Uma abordagem clássica focada no comportamento d
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