FX Hunter v9G EA is a fully automated Expert Advisor free to Download. It is a grid-based forex robot that operates under the “buy low, sell high” maxim. This is accomplished by initiating trades based on signals from built-in indicators. Unfortunately, it does not always ensure that the price will move in the right direction in this highly liquid market.
If the entry is not precise enough, the Forex Hunter EA manages open positions by employing a carefully considered martingale method. Open orders are organized into baskets, and when the objective (the level of take-profit) is attained, the baskets are immediately closed.
There is no scalping or short-term trading involved in this Expert Advisor. Orders are added to the “basket” by opening market orders (in some circumstances, the adviser utilizes Buy-Stop/Sell-Stop orders to deal with price gaps). Regardless of the state of the market, using specific sophisticated techniques to regulate grid geometry results in virtually ideal open basket geometry (slippage, increased spreads, etc.).
FXHunter EA places many orders in the same direction of varying sizes. A basket is a collection of similar purchases. Levels are the individual orders in the basket. This EA trade using a combination of martingale and hedging methods. Because of this method, this EA has a high ROI(Return on investment) with almost a 100% chance of blowing the account if you don’t have enough deposit. How Much Profit you can make monthly depends on your lot size and risk value.
FX Hunter EA has several options for risk management that allow you to protect your account and regulate trading risks according to your style and preferences.
After a Long time of using this strategy, Blowing your account is inevitable. However, with the periodic withdrawal of investments, the theory of probability works in our favor. After the initial investment is withdrawn, the dangerous martingale strategy immediately becomes break-even and highly profitable.
Please test in a demo account first for at least a week. Also, Make yourself familiar and understand how this Martingale EA works, then only use it in a real account.
Recommendations for this Expert Advisor
- Minimum Account balance of,
- Safe mode $5000 ($50 for cent accounts)
- Normal mode $3000 ($30 for cent accounts)
- Aggressive mode $2000 ($20 for cent accounts)
- Work Best on EURUSD and GBPUSD(Work on any currency pair)
- Work best on M5 (Work on any time frame)
- You may need to look out for volatile markets (News) and close trades.
- To reach stable results, This Martingale Expert Advisor should work on VPS without any interruption 24/7. So we recommend running this free forex EA on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Work on any account. But still, we recommend a broker with a cent account. (Find the Perfect Broker For You Here)
- Read More Forex Starlight – Your New SuperPower