Red Hawk EA MT4 v3.8 with SetFiles (Platform build 1444+)
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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: View Here
About the Author
This product is compiled by Wim Schrynemakers. This Malta author has more than +12 years of experience working on MQL5 and created 30 products, famous products such as Red Hawk EA, Stability Pro MT4, Gold Trade Pro, The Gold Reaper MT4, Daytrade Pro Algo and other products. Among them, Red Hawk EA is his most famous product.
Red Hawk EA Features
Key Features of Red Hawk EA for MT4
- 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).
Why use Red Hawk EA?
🔹Stable Performance: Proven track record of stable trading with consistently low drawdown.
🔹No Manual Intervention: Functions fully automatically without needing any user actions.
🔹Simplified Setup: Does not require external configuration files for optimized pairs.
🔹Protection Mechanisms: Advanced filters keep the system safe during non-ideal conditions.
🔹Broker Friendly: Designed for environments with low spread and rapid trade execution.
Red Hawk EA MT4 Review
1. Red Hawk EA Backtest:
Red Hawk EA has undergone rigorous long-term trading tests. The expert advisor has proven transparent performance, taking full advantage of the MT4 platform.
Red Hawk EA MT4 Review
Red Hawk EA MT4 Reviews
2. Red Hawk EA Myfxbook Results:
The Red Hawk EA has demonstrated extraordinary trading performance on a verified Myfxbook account. Below is a breakdown of the advisor’s key profit indicators over 6 months of trading:
✅ Total Gain: +36.27%
✅ Monthly Growth: 3.30%
✅ Maximum Drawdown: 4.02%
Red Hawk EA Reviews
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | M5 (5 minute chart) |
| Minimum / Recommended deposit | $100 |
| Currency pairs | EURUSD, GBPUSD, USDCHF, EURCHF, USDCAD, AUCAD, AUDJPY, EURAUD, EURGBP |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ Red Hawk EA v3.8_fix.ex4
2. SetFiles:
✅ Redhawk_highRisk.set
✅ Redhawk_lowRisk.set
✅ Redhawk_mediumRisk.set
Conclusion
In short, Red Hawk EA is a reliable MT4 mean-reversion robot built for calm market conditions on the M5 timeframe. With multi-pair support, strict stop-loss protection, advanced trailing stops, and zero grid or martingale usage, it delivers consistent, low-drawdown performance. Fully automated and broker-friendly, Red Hawk EA stands out as a safe, efficient solution for traders seeking stable, hands-free growth.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is Red Hawk EA and how does it work on MT4?
Red Hawk EA is a fully automated Expert Advisor for MetaTrader 4 that uses a mean reversion strategy to trade during quiet market conditions. It opens and manages trades automatically with built-in Stop Loss, Take Profit, and advanced trailing mechanisms to protect capital.
❓ Which currency pairs are best supported by Red Hawk EA?
Red Hawk EA is optimized for EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, USDCAD, AUDCAD, AUDJPY, and EURAUD, ensuring stable performance across major and cross pairs.
❓ What timeframe should Red Hawk EA be used on for best results?
The EA is specifically optimized for the M5 (5-minute) timeframe, allowing it to capture short-term price reversals with high precision and controlled risk.
❓ Does Red Hawk EA use martingale or grid strategies?
No. Red Hawk EA does not use martingale or grid systems. It follows a conservative trading approach with strict risk management, making it safer for long-term account growth.
❓ Is Red Hawk EA suitable for beginners?
Yes. Red Hawk EA is beginner-friendly thanks to its fully automated operation, simplified setup, and built-in risk controls. No advanced trading knowledge or manual intervention is required.
❓ How does Red Hawk EA manage risk and protect capital?
The EA includes adjustable Stop Loss and Take Profit levels, multiple trailing stop techniques, internal market filters, and customizable risk modes (Low, Medium, High) to maintain low drawdown and stable performance.
❓ What is the recommended minimum deposit for Red Hawk EA?
The recommended minimum deposit is $100. This allows traders to start with conservative risk settings while maintaining stable execution across supported currency pairs.
❓ Has Red Hawk EA been verified with real trading results?
Yes. Red Hawk EA has verified performance on Myfxbook and FXBlue, showing consistent profitability, low drawdown, and stable monthly growth over extended trading periods.
❓ What type of brokers work best with Red Hawk EA?
Red Hawk EA performs best on brokers offering low spreads, fast execution, and stable MT4 environments. It is designed to be broker-friendly and does not rely on risky execution tactics.
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