Bounty Killa – the indicator that hunts stop-loss liquidity before the big players do.
Bounty Killa is a cTrader indicator designed for traders who love to trade stop hunts / liquidity grabs: those candles that spike above highs or below lows, clear out stops and then reverse in the opposite direction.
The indicator automatically scans every candle and flags:
- SHS (Stop Hunt High) – probable stop hunt above recent highs → area to look for short setups
- SHL (Stop Hunt Low) – probable stop hunt below recent lows → area to look for long setups
The detection logic is built around:
- breaking recent highs/lows by at least X pips,
- a long wick extending beyond that level,
- a small body and a close in the opposite direction of the breakout.
No more guessing “maybe this was a stop hunt”: Bounty Killer highlights the key candles directly on your chart, with clear labels, colors and an on-chart legend.
Why traders like it:
- Shows where the market may have grabbed liquidity and where a reversal becomes more meaningful.
- Fully customisable: lookback window, minimum breakout in pips, body/wick percentages, signal offset.
- Combines perfectly with classical support/resistance, supply & demand, volume, order blocks and SMC concepts.
- Great for traders who follow liquidity-based setups but want something objective and rule-based instead of pure eyeballing.
⚠️ Bounty Killa is not a full trading system and does not open or close trades.
The marked candles are high-information zones that should be integrated with your own strategy, trend analysis and risk management.
Bounty Killa – Quick User Guide (EN)
1. Recommended markets & timeframes
- Timeframes: H1, H4, D1
(Lower TF like M1–M5 = a lot of noise, use mainly for study.) - Symbols: indices, FX, crypto, stocks, commodities – anywhere you can attach a cTrader indicator.
2. How to read the signals
- SHS – Stop Hunt High (red label above the candle)
- Price spikes above recent highs, creates a long upper wick, and closes bearish.
- Idea: potential short setup after a fake breakout and liquidity grab above highs.
- SHL – Stop Hunt Low (green label below the candle)
- Price spikes below recent lows, creates a long lower wick, and closes bullish.
- Idea: potential long setup after a fake breakdown and liquidity grab below lows.
Bounty Killer does not say “buy/sell now”.
It highlights liquidity zones where a reversal makes more sense.
3. Suggested base settings
In the indicator parameters:
- Lookback bars (high/low):
10–20
→ how many bars to look back for recent highs/lows. - Min breakout (pips):
5–15pips
→ minimum distance beyond the high/low to count as a stop hunt. - Min wick % of full range:
0.60–0.70
→ at least 60–70% of the candle must be wick in the stop-hunt direction. - Max body % of full range:
0.25–0.35
→ small body compared to the total candle range. - Signal offset (pips):
3–5
→ visual only, moves the SHS/SHL label slightly away from the candle.
4. Simple example strategy
Trend filter (EMA 200):
- Add a 200 EMA to your chart.
- Shorts only:
- Price below EMA 200
- You get an SHS signal (stop hunt high).
- Longs only:
- Price above EMA 200
- You get an SHL signal (stop hunt low).
Entry idea:
- Wait for the stop-hunt candle to close.
- Enter on the next candle only if price confirms:
- For SHS: next candle breaks the low of the SHS candle → consider a short.
- For SHL: next candle breaks the high of the SHL candle → consider a long.
Stop loss:
- For SHS (short) → SL just above the high of the SHS candle.
- For SHL (long) → SL just below the low of the SHL candle.
Take profit:
- Aim for at least 1:1.5 or 1:2 R/R, or
- Use nearby swing highs/lows, support/resistance or supply/demand zones as targets.
5. Safety notes & quick checklist
Before using a Bounty Killer signal, ask:
- Trend?
Is the signal aligned with the overall trend (EMA 200 / market structure)? - Level?
Is the stop hunt happening at a meaningful level (previous high/low, S/R, session high/low, etc.)? - Context?
Any news, session open/close, volatility spikes? - Risk?
Is your stop size ok for your money management (max % per trade)?
If 3–4 of these points line up, the SHS/SHL from Bounty Killa is not just “a nice candle”, but a high-value zone to build a trade idea around.
5 | 50 % | |
4 | 50 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
