Description
What is Richter Green Hawk EA?
Green Hawk is a specialized scalping expert advisor, designed for precise short-term trades. It uses advanced scalping algorithms targeting specific market periods, avoiding high-risk strategies like grid or martingale. The strategy capitalizes on brief price reversals, ensuring all trades are closed within a few hours, making it an efficient and controlled trading system.
Key FeaturesÂ
- Dedicated Support: Personalized assistance is provided for the proper use of the EA.
- Multi-Symbol Compatibility: Supports multiple symbols on a single chart.
- Risk-Free Strategy: No Martingale, Grid, Double Lot, Averaging, or other high-risk strategies.
- Protective Measures: Each trade starts with a preset Stop Loss (SL) and takes profit (TP) levels.
- Single Trade per Pair: Manages only one open trade at a time per currency pair.
- Suffix/Prefix Support: Compatible with symbols with a suffix or prefix.
- News Filtering: Automatically filters news based on broker time.
- Demo Version Available: Free demo version ready for download.
System RequirmentsÂ
- Suggested Currency Pairs: GBPUSD, EURUSD, USDCAD, EURGBP, EURCHF, USDCHF, AUDCAD, AUDUSD, CADCHF, with the option to try additional pairs.
- Optimal Timeframe: M5
- Minimum Deposit: $100
- Suggested Leverage: 1:500 (1:30 can also be used)
- Broker Requirements: An ECN broker with Raw or Zero Spread is recommended, especially for GBPUSD on M5.
- Time Setting Tip: If your broker’s server time isn’t set to EET, please consult the author for the correct time settings.
MQL5 Review and MT4 backtest
Pros and Cons ( Benefits )Â
Pros:
- Smart scalping with low-risk settings (no grid or martingale).
- Supports multiple pairs on one chart.
- Effective risk management with stop-loss and take-profit on each trade.
- Flexible leverage options (1:500 recommended, works with 1:30).
- Free demo and dedicated support are available.
Cons:
- May require a higher deposit for optimal performance.
- The scalping strategy may be less effective in high-volatility markets.
Why Choose Richter Green Hawk EA?
- Smart Scalping: Uses advanced algorithms to capture quick profits without risky methods like martingale or grid.
- Low Risk: Controlled risk with stop-loss and take-profit set on every trade; max drawdown of just 7.4%.
- User-Friendly: Supports multiple pairs on one chart, automatic lot sizing, and news filtering.
- Broad Compatibility: Works across various brokers and adapts to symbols with suffixes/prefixes.
- Dedicated Support: Private assistance is provided to ensure optimal use.
- Free Demo: Try before you commit.
Richter Green Hawk EA offers a blend of smart strategy, low risk, and ease of use for reliable Forex trading.
Comparison with Other EAs
- Richter Green Hawk EA: Smart scalping, multi-pair, no risky strategies, supports suffix/prefix, 1:500 leverage, demo available.
- Mintypips Algo EA: Trend-following, adapts to volatility, optimized for EURUSD and GBPUSD, 1:100 leverage recommended.
- Scouts Gold EA: Gold-focused scalping, one-chart setup for XAUUSD only, low drawdown, 1:500 leverage.
- Richter EA MT4 1428+: Multi-pair, balanced approach, no risky strategies, flexible for 1:500 leverage, demo available.
Each EA has unique strengths: Green Hawk and Richter are versatile; Mintypips focuses on trends; Scouts Gold specializes in XAUUSD.
Green Hawk EA Download
Expert File: Magnat EA.ex4
No DLL Required: Works without the need for external DLL files
Updates: Free future updates included
- Activating Multi-Symbol Mode: To enable Multi Symbols mode, set the “Act. Multi Symbol” variable to true and specify the desired symbols within the EA settings. For best results, run it only on the EURUSD-M5 chart when using Multi Symbols mode.
- Automatic Lot Sizing: If “Auto Lot Size” is set to true, the bot will adjust the lot size based on Equity and the “Auto Lot Size Percent” setting.
- Leverage Adjustments: If your account leverage is different from 500, you can modify the “Auto Lot Size Percent” according to the bot’s recommendations.
- DLL Imports: Ensure that “Allow DLL imports” is disabled.
User Reviews
Green Hawk EA currently has an average rating of 5 stars from 5 reviews.
Pricing and Plans
You can buy Green Hawk just for $19.99
But the original price is – $699.00
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