Red Hawk EA v3.8 MT4 is a sophisticated mean reversion trading system that operates during the quiet times of the market, specifically designed for stability and low drawdown. This EA is tailored for 9 currency pairs and is optimized for the M5 timeframe. It is fully automated, making it suitable for traders seeking a hands-off approach while ensuring robust risk management through its internal filters and safety measures.

What is Red Hawk EA?

Red Hawk EA is an Expert Advisor (EA) for trading currency pairs and is compatible with the Metatrader 4 (MT4) platform. The EA is optimized for trading EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD currency pairs. Its profitable performance has been verified by Myfxbook and FXBlue.

• Vendor website: https://www.mql5.com/en/market/product/54229

Red Hawk EA Features

• Mean reversion strategy: Trades during quiet market periods.
• Currency pairs: Supports EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD, and USDCAD.
• Timeframe: Optimized for M5 timeframe.
• Risk management:
  • Safety stop-loss (SL) and take-profit (TP).
  • Multiple trailing stop-loss techniques.
  • No grid or martingale systems.
• Automation: Fully automated trading, no manual intervention required.
• Filters: Internal filters to avoid trading in suboptimal market conditions (high spreads, high volatility).
• Risk settings:
  • Fixed lot size (adjustable).
  • Automatic lot size based on balance or risk per trade.
  • Customizable risk levels (Low, Medium, High).

Red Hawk EA Installation

• Broker compatibility: Requires an ECN broker with low spreads and fast execution.
• Timeframe: Apply the EA to an M5 chart for each supported currency pair.
• Risk settings: Configure desired lot size or risk level.
• GMT offset: Adjust the GMT offset parameter if necessary to match your broker’s time zone.

Red Hawk EA MT4 Review

Recommended Settings

• Trading platform: MetaTrader 4 (MT4)
• Working time frame: M5
• Min deposit: $100
• Working currency pairs: EURUSD, GBPUSD, USDCHF, EURCHF, USDCAD, AUCAD, AUDJPY, EURAUD and EURGBP.
• Setup Files: Available
• Product type: NoDLL / Fix

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

What’s in the package?

• Experts: Red Hawk EA v3.8_fix.ex4
• Presets
  • Redhawk_highRisk.set
  • Redhawk_lowRisk.set
  • Redhawk_mediumRisk.set

Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.

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Disclaimer:

The EAs sold on our channel are not created by us.

We are only resellers of these EAs and the EA performance cannot be guaranteed or predicted.

Past performance is no guarantee of future results. We seek the EA on an ‘as is’ basis and only the version mentioned is being sold.

All future updates will be on a best effort basis and could involve further fees to be paid owing to acquisition and unlocking costs.

EA updates are thus not automatic and not guaranteed.

 

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