Fer Goldhunter

Fer Goldhunter is a sophisticated MetaTrader 4 Expert Advisor designed to capture market trends while offering robust recovery mechanisms. It merges a triple EMA trend-following strategy with an optional smart Grid system, fully protected by daily risk limits.

Key Features:

• Trend Following Core: Uses a Triple EMA System (Fast, Slow, Slowest) to identify strong market direction, ensuring trades are aligned with the dominant trend .

• ADX Advanced Filtering: Avoids flat markets using a built-in ADX filter. You can configure it to trade only Trends, only Ranges, or both .

• Smart Recovery Grid: Features an optional Grid & Martingale system . If the price moves against the initial trade, the EA manages recovery positions to close the basket in profit.

• Dynamic Money Management: Choose between Fixed Lots or Auto-Lot Calculation based on your balance . The bot automatically scales your position size as your account grows.

• Strict Risk Control:

• Daily Drawdown Protection: Limits the maximum daily loss by closing all trades if equity drops below a set percentage .

• Daily Profit Targets: Locks in profits by stopping trading once a daily percentage or monetary target is reached .

• Trailing Stop: Includes a customizable Trailing Stop to protect profits during strong market runs .

Settings Overview:

• LotSizingMethod: Switch between  FIXED_LOT_SIZE  and  DYNAMIC_BALANCE_BASED .

• EnableGrid: Toggle the Grid/Martingale logic on or off depending on your risk appetite.

• TrendADXThreshold: Adjust the sensitivity of the trend filter.

• Trading Hours: Set specific start and end times to avoid high spreads or news impacts .

Recommendations:

• Symbol: Optimized for XAUUSD.

• Timeframe: M1, M5.

• Account Type: ECN or Low Spread accounts recommended.

Recommended balance:

• 50 USD with a CENT account
• 500 USD with a STANDARD account
• 50,000 USD for FUNDING ACCOUNTS

Support:

Request optimized sets and support via MQL5 private message.