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): 5–15 pips
  → 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):

1. Add a 200 EMA to your chart.
2. Shorts only:
3. • Price below EMA 200
   • You get an SHS signal (stop hunt high).
3. Longs only:
4. • 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:

1. Trend?
   Is the signal aligned with the overall trend (EMA 200 / market structure)?
2. Level?
   Is the stop hunt happening at a meaningful level (previous high/low, S/R, session high/low, etc.)?
3. Context?
   Any news, session open/close, volatility spikes?
4. 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.