Descripción
Red Hk EA is an advanced automated trading system designed for forex traders seeking stability and consistency. Specializing in mean reversion strategy, it excels during the market's quietest hours, trading nine major currency pairs, including EURUSD, GBPUSD, and USDCHF on the M5 timeframe. With robust stop-loss and trailing stop mechanisms, this EA avoids high-risk tactics like grid and martingale, making it a safer choice for traders. Fully automated with internal filters to avoid unfavorable conditions, Red Hk EA is easy to set up and manage, providing flexible risk options and exceptional performance during night trading. Choose a reliable ECN broker for optimal results and let Red Hawk EA V3.8 take your trading to the next level.
Why Choose Red HK EA ?
Red HK EA stands out for its stability and consistent performance. It has maintained a live track record of many months with low drawdown. The EA employs a secure stop-loss and take-profit strategy for each trade, ensuring effective risk management. Furthermore, it incorporates multiple trailing stop-loss techniques to maximize profits while minimizing risks. Unlike other trading systems, Red H EA avoids risky techniques like grid or martingale, which makes it a safer choice for traders seeking reliability.
Comprehensive Market Filters and Automated Trading
This EA operates fully automatically and does not require manual interventions. Moreover, it includes various internal filters to avoid trading in unfavorable market conditions, such as periods of high spreads or market volatility. However, it is advisable to turn off the system during extreme news events, like US elections, to prevent unnecessary risks. Importantly, the EA only trades during the quiet times of the night, around rollover time, when the market conditions are most suitable for its strategy.
Simple Setup and Risk Management
Setting up Red Hk EA is straightforward. You simply run the EA on an M5 chart for each of the supported currency pairs and select your preferred risk level. The EA comes with pre-configured settings stored internally, optimized for the nine currency pairs it supports. Therefore, you don’t need additional .set files, simplifying the setup process even further.
Additionally, you can adjust the GMT offset to match your broker’s server time, ensuring it trades at the correct hours. If your broker uses a different GMT offset than the default settings of GMT+2 (winter) and GMT+3 (summer), you must adjust the “GMT offset (winter)” parameter accordingly. This adjustment is crucial for accurate trading times, so verifying your broker’s GMT offset is essential if you’re unsure.
Flexible Risk Management Options
Red H k EA offers flexible risk management settings. You can choose between a fixed lot size or an automatic lot size based on your account balance or risk per trade. By default, the EA uses a fixed lot size of 0.01 lots, but you can adjust this by changing the “StartLots” parameter. If you prefer an automatic lot size, the EA can adjust the lot size based on your balance or the maximum risk per trade.
For low-risk trading, set the LotsizeStep to 250, meaning the EA will trade 0.01 lots for every $250 in your account. For medium risk, use a LotsizeStep of 125, and for high risk, set it to 60. If you prefer to manage risk by percentage, you can specify the maximum risk per trade. This setting dictates the potential loss if the initial stop-loss is triggered. However, with Red Hawk EA V3.8’s trailing stop-loss feature, the initial stop-loss is rarely hit, which further reduces the risk of significant losses.
Optimized for Night Trading
Red Hk EA is specifically optimized to trade during the quiet times of the night, around the rollover period. This timing is crucial because the market is most stable, allowing the EA’s mean reversion strategy to perform at its best. By avoiding the more volatile periods of the trading day, the EA reduces the likelihood of being caught in unpredictable market movements, thus ensuring more consistent trading results.
The Importance of Choosing the Right Broker
Because Red Hk EA relies on low spreads and fast execution, selecting the right broker is essential. An ECN broker with tight spreads and rapid order execution will significantly enhance the performance of this EA. Additionally, ensure that your broker’s trading conditions align with the EA’s needs, such as allowing for hedging and offering low-latency trading environments.
| Feature | Details |
|---|---|
| Trading Strategy | Mean Reversion |
| Supported Pairs | EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUDCAD, AUDJPY, EURAUD, USDCAD |
| Timeframe | M5 |
| Risk Management | Fixed and Automatic Lot Size, Trailing Stop-Loss |
| Broker Requirement | ECN Broker, Low Spread, Fast Execution |
| Trading Hours | Night (Around Rollover Time) |
Does it has any guarantee?
Yes, absolutely. Our goal is to build transparency with high quality tools.
- Follow the given Setting for EA.
- Test it on demo account for 30 days.
- If in 30 days it makes weekly profit it means EA is working well.
- If not profitable in 30 days, send us an Email and apply for 100% refund.
FAQ’s
1. How do the EA’s work?
EA’s also known as expert advisors are a form of artificial intelligence that automatically trades on your behalf.
2. When do I get the product after purchasing?
The download link will be sent to you directly by email after your purchase.
3. How do I install EA?
Our EA’s/ indicators are easy to install, there are two methods for installation either using the provided Pdf guide book or using our installation videos provided on our website.
4. Can I use the EA on android/IOS?
The EA’s can only be installed on the MT4 application on your computer but can be monitored using your smartphone.
5. Can I have multiple accounts?
YES
6. What pairs can I trade?
Each of our EA’s handle different pairs based on the applied settings which are given to you in our provided user guide after purchase .
9. What kind of support do you offer?
We offer our clients support daily from 7 am to 7pm GMT+1 on several platforms such as Email, WHATSSAP live support and social media.
10. What broker do I use?
Our EA’s/indicators are supported by all MT4 brokersWITH LOW SPEAD OR ZERO
11. Why is my EA not taking any trades?
EA’s might not make any trades due to several reasons such as; a) Allow DLL imports box has not been checked. b) Auto trading button on the top bar is off. c) Incorrect time frame. d) Market is closed during the weekend.
12. Can I change the settings on my EA?
Yes, however you take full accountability for overriding the best strategic settings we have given you by default.
13. What is the monthly gain?
Monthly gains vary based on both the market and EA for better clarification please visit our myfxbook links.
14. What payment methods are available?
We accept payment through Crypto, Visa and Mastercard and PayPal
15. Can I run more than one EA on the same account?
No, each EA must be installed on a separate account number and MT4 platform.
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