Red Hawk EA v3.8 MT4 with SetFiles

Red Hawk EA Introduction

Red Hawk EA is a fully automated trading solution designed for MetaTrader 4 (MT4). It trades 8 key currency pairs, including EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD, and USDCAD, and operates optimally on the M5 timeframe. Using a mean reversion strategy, it focuses on low-volatility market periods to capitalize on market swings. Developed by Wim Schrynemakers, an expert with over 11 years of experience in algorithmic trading, this EA has proven its effectiveness over the years.

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Key Highlights

• Backtest results: Red Hawk EA’s backtest (2012-2020) achieved 221,118.66% profit with a maximum drawdown of 11.17%.
• Live results: The live performance in 2020, at a very low risk setting, showed a maximum drawdown of 2.23%.
• Trading strategy: Implements a mean reversion strategy, excelling during low market volatility for accurate entries and exits.
• Automation: Fully automated, removing the need for any manual intervention.

Red Hawk EA Main Features

• Trading Platform: MetaTrader 4 (MT4)
• Main Trading Pairs: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD, USDCAD
• Timeframe: M5
• Risk Management: Incorporates Stop Loss (SL), Take Profit (TP), multiple trailing stop techniques, without using risky grid or martingale strategies.
• Minimum Deposit: $100
• Broker Compatibility: Requires an ECN broker with low spreads and fast execution for best results.

Red Hawk EA Review

Red Hawk EA is a high-performance Expert Advisor that has proven to deliver outstanding results in both backtest and live environments. It utilizes a reliable mean reversion strategy and robust risk management. This makes it a strong choice for traders seeking long-term profitability with reduced manual effort. Its ability to operate in quiet market conditions ensures it takes advantage of even small market movements.

Live Results

In 2020, Red Hawk EA achieved a maximum drawdown of just 2.23%, maintaining consistent profits in live trading conditions.

Red Hawk EA MT4 live results

Backtest Results

Over the period from 2012 to 2020, Red Hawk EA generated a 221,118.66% return, with a maximum drawdown of 11.17% across 8 major currency pairs.

Red Hawk EA MT4 backtest

Red Hawk EA MT4 Download Packages:

• Link download: Red Hawk EA v3.8_fix.ex4
• Presets: 3 different setfiles

Payment Info

• You can use PayPal, credit card (via PayPal), cryptocurrency (USDT, Binance, etc.) for payment.