About the Hunter Scalper EA Expert Advisor
The Hunter Scalper EA is a fully automated trading robot designed for the MetaTrader 4 (MT4) platform.
It specializes in scalping during periods of low market volatility, aiming to capitalize on small price movements with precision and efficiency.
Free Download
Download the “Hunter Scalper1.10.ex4” expert advisor
Key Features
Advanced Scalping Algorithm
The EA employs a sophisticated algorithm to identify optimal entry points in the market, focusing on periods of low volatility to execute trades with minimal risk.
Risk Management Protocols
Built-in risk management features include adjustable stop-loss and take-profit levels, ensuring that each trade is executed within predefined risk parameters.
Compatibility with MT4
Designed specifically for the MetaTrader 4 platform, the EA integrates seamlessly, allowing for easy installation and setup without the need for additional configurations.
Customizable Settings
Users can adjust various settings such as maximum spread, slippage, trading hours, lot sizes, and risk levels, providing flexibility to tailor the EA to individual trading preferences.
Optimized for Multiple Currency Pairs
While optimized for pairs like EUR/USD, GBP/USD, USD/JPY, and USD/CHF, the EA is versatile and can be used with other currency pairs, enhancing its applicability across different markets.
MyFXBook Trading Results
Find below the Hunter Scalper EA trading performance chart (click on the picture for a full-size view).
Key Points
- Total gain: +81.11%
- Monthly performance: +24.59%
- Drawdown: 6.60%
The Hunter Scalper EA has demonstrated impressive performance on MyFXBook, with a total gain of +81.11% during the initial test phase.
The monthly performance stands at +24.59%, with a drawdown of 6.60%, indicating a balanced approach between risk and reward.
Trading Chart
The picture below shows the Hunter Scalper EA trading robot attached to the USD/CHF H1 chart.
How the EA Works
- Scalps during periods of low market volatility.
- Utilizes advanced algorithms to identify optimal entry points.
- Employs strict risk management protocols with adjustable stop-loss and take-profit levels.
- Operates seamlessly on the MetaTrader 4 platform.
- Offers customizable settings to tailor the EA to individual trading preferences.
Download Now
Download the “Hunter Scalper1.10.ex4” EA
Parameters & Settings
- Maximum Spread: Adjustable to suit market conditions.
- Maximum Slippage: Configurable to manage execution delays.
- Trading Hours: Set specific hours for trading activity.
- Lot Sizes: Customize to align with account balance and risk tolerance.
- Risk Levels: Define the percentage of the account balance at risk per trade.
Recommended Trading Setup
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY, USD/CHF.
- Timeframes: M5 – M15 for optimal performance.
- Account Balance: Minimum of $50 to start trading.
- Broker: Choose a broker with low spreads and fast execution times.
- Platform: MetaTrader 4 for seamless integration.
FAQ
1. What is the Hunter Scalper EA?
The Hunter Scalper EA is an automated trading robot designed for scalping in low-volatility market conditions, operating on the MetaTrader 4 platform.
2. Is the Hunter Scalper EA free to use?
Yes, the Hunter Scalper EA is available for free download, allowing traders to enhance their trading strategies without any initial investment.
3. Which currency pairs are supported by the EA?
The EA is optimized for pairs like EUR/USD, GBP/USD, USD/JPY, and USD/CHF, but can be used with other currency pairs as well.
4. What is the minimum account balance required?
A minimum account balance of $50 is recommended to start trading with the Hunter Scalper EA.
5. Can the EA be used on a live trading account?
Yes, the Hunter Scalper EA can be used on both demo and live trading accounts, providing flexibility for traders at all levels.
Summary
The Hunter Scalper EA offers traders a reliable and efficient tool for automated scalping in low-volatility market conditions.
With its advanced algorithms, robust risk management protocols, and seamless integration with the MetaTrader 4 platform, it provides a comprehensive solution for enhancing trading strategies.
Whether you’re a novice or experienced trader, the Hunter Scalper EA is a valuable addition to your trading arsenal.
