Target Rider
- Experts
- Versão: 1.0
- Ativações: 5
Target Rider is a target-based pending order Expert Advisor for MetaTrader 5 designed to hunt for better BUY and SELL entry levels using DeMarker (DeM) confirmation.
Instead of immediately entering at market price, Target Rider works around your defined Buy Target and Sell Target, looking for extreme price levels where a pending order can be placed.
Set the Target. Let Target Rider Hunt the Entry.
Buy Target cmd="Only Buy Price = 5000" Sell Target cmd="Only Sell Price = 4000"
HOW TARGET RIDER WORKS
BUY MODE
Buy Target → Price moves below target → DeMarker confirms → EA hunts the lowest valid BUY level → Buy Limit pending order
SELL MODE
Sell Target → Price moves above target → DeMarker confirms → EA hunts the highest valid SELL level → Sell Limit pending order
The EA is built around a simple principle:
Target → Hunt → Confirm → Pending Order → Entry
BUY TARGET
Set a reference price for the BUY side.
When market price moves below the Buy Target, the EA can activate its BUY hunting logic and search for a suitable lower entry level.
The BUY side uses a Buy Limit pending order, allowing the market to come to the entry instead of chasing price.
SELL TARGET
Set a reference price for the SELL side.
When market price moves above the Sell Target, the EA can activate its SELL hunting logic and search for a suitable higher entry level.
The SELL side uses a Sell Limit pending order, designed to wait for price to return to the selected entry.
DeMarker CONFIRMATION
Target Rider uses the DeMarker indicator as part of its entry-hunting logic.
DeMarker helps identify potential market extremes and is used to filter when the EA should look for a pending-order opportunity.
This makes the EA different from a simple fixed-price pending-order EA.
PENDING ORDER TRADING
Target Rider is based on pending orders, not simply instant market execution.
Supported entry types:
- Buy Limit
- Sell Limit
- Target-based BUY hunting
- Target-based SELL hunting
- DeMarker-based confirmation
- Automatic pending-order management
The objective is to avoid blindly chasing price and instead prepare an entry around a predefined target and hunting zone.
TELEGRAM REMOTE CONTROL
Target Rider can be connected to Telegram for remote monitoring and control.
Depending on the configured functions, Telegram can be used to:
- Set target and trend
Keep your trading system connected while monitoring it from your mobile device.
KEY FEATURES
Target-Based Trading
- Buy Target cmd="Only Buy Price = 5000"
- Sell Target cmd="Only Sell Price = 4000"
- Separate BUY and SELL hunting logic
Smart Pending Orders
- Buy Limit
- Sell Limit
- Automatic order placement
- Automatic order management
DeMarker Filter
- DeMarker-based market extreme detection
- Configurable DeMarker settings
Two-Way Trading
- BUY hunting
- SELL hunting
- Independent BUY/SELL configuration
Remote Management
- Telegram notifications
- Telegram remote control
- Mobile monitoring
MetaTrader 5
- Native MT5 Expert Advisor
- Fully automated execution
- Configurable trading parameters
WHY TARGET RIDER?
Most trading robots focus on generating an immediate BUY or SELL signal.
Target Rider takes a different approach:
TARGET → HUNT → CONFIRM → PENDING ORDER → ENTRY
You define where the market becomes interesting.
Target Rider then searches for the opportunity instead of automatically chasing the current market price.
Tagline :
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RISK WARNING
Trading financial markets involves substantial risk. Past performance does not guarantee future results. No Expert Advisor can guarantee profits. Always test the EA on a demo account and use appropriate risk management before trading with real funds.
