Gold Treasure Hunter H1 was first uploaded to the MQL5 marketplace on the 27th of November 2018, the developer, Marek Kupka last updated the software on the 25th of March 2020 and this brought the expert advisor up to version 2.0.
Overview
Gold Treasure Hunter H1 is an expert advisor for the MetaTrader 4 trading platform. The EA works by looking for breakouts of the highest channel once it has consolidated for a while, as the title suggests, the EA is designed to work with Gold on the H1 timeframe.
Some of the main features of the expert advisor:
-It uses Stop pending orders with FIXED Stop Loss and Takes Profit.
-The strategy uses also PROFIT TRAILING function to lock as much profit as possible.
-For every candle, the pending orders are modified to adapt the market behavior.
-You need to set only the lot size depending on the amount of capital in relation to the expected risk.
Some additional features of the EA:
- Each trade is protected by Stop Loss.
- No martingale, no grid, no scalp, no hedge, no latency, no-arbitrage.
- No excessive consumption of CPU resources.
- User-friendly settings.
- All settings optimized.
- Long-term strategy.
In terms of settings and parameters, there are a few options available. These include lot sizes, magic numbers, custom comments, email notifications, and to display the info panel.
Service Cost
The expert advisor can be purchased for $99, this is a one-time payment that will get you up to 10 activations and no other limitations. There is no option to rent the EA so purchasing it is the only option. There s also a free demo version, the features of the free version are not stated which often means that it can only be used with the strategy tester.
Conclusion
Unfortunately, there aren’t any user reviews or comments so we do not know if those that have purchased it are finding that it does what it is intended to do or what sort of results they are getting. It also does not give us an indication as to the sort of support that you will receive. We would suggest contacting the developer with any questions you may have, this way you can make sure that it will in fact do what you need and that the developer will be there to offer support once the EA has been purchased.
This Forex Indicator is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/31184
