Trading robot · MT5

Hunt Level EA

by a-forghani-y79

Hunt Level EA is a MetaTrader 5 expert advisor that identifies trading opportunities based on price action candle formations and swing level analysis.

GitHub stars1
Forks0
Last update2 years ago17 Nov 2023
LicenceNone stated

Overview

The robot specifically searches for hunted swing points by evaluating candle shadow lengths relative to body size and checking historical price swings. It incorporates an Exponential Moving Average to filter entries and employs a percentage-based risk model for position sizing. The logic appears to focus on liquidity sweeps and subsequent pullbacks. The repository provides the source code but lacks a descriptive README or documentation for configuration.

Details

Author

a-forghani-y79 on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, Mean reversion

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from HuntLevelEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
debugboolfalse
Minimum_Shadow_Pointsint1
Minimum_Shadow_Per_Bodydouble1.5
Minimum_Gap_Pointint5
Minimum_Hunted_Swings_Check_Endint50
Minimum_Hunted_Swings_Check_Startint5
Minimum_HuntLevel_To_Pull_Back_Candlesint50
EMA_PERIODint7
Risk_Percentdouble5

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone a-forghani-y79/HuntLevelProject from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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