Hunting Cat Scalper EA is a fully automated FREE MT4 Scalper to Download. It mainly works on USDJPY. It identifies potential breakout levels in specific price patterns and trades along with the breakouts.
- The self-developed algorithm that identifies potential breakout levels
- Especially effective in specific price patterns
- Unique coding logic that allows minimal compromise on trading quality even in a high ping environment
- Pending orders are used to minimize slippage during price breakouts
- No risky strategies such as grid or martingale are used
- Strict stop loss is placed on every order
Hunting Cat Scalper can get risky since it utilizes the martingale method, sometimes even hedging. Because of this method, this EA has a very high ROI(Return of investment). How Much Profit you can make monthly depends on your lot size and risk value.
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 After the initial investment is withdrawn, the dangerous martingale strategy immediately becomes break-even and highly profitable.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 with and understand how this Hunting Cat Scalper Robot works, then only use it in a real account.
The strategy With this EA is to profit fast then withdraw fast. Of course, this is a grail, and with such a risk, the adviser can someday drain the deposit. But the main rule is to withdraw the deposit after doubling the deposit.
Recommendations for FREE MT4 Scalper
- Minimum Account balance of 250$ or Maybe a 100$ cent account to be safe. This is a martingale EA, so take these risk numbers with a grain of salt.
- Recommend adapting your risk level and deposit since EA can double 100$ Account in a week with a chance to blow the account too. (But it can be mostly avoided if you can turn off the EA and close all trades on volatile markets or News) .
- Work Best on USDJPY, EURUSD, GBPUSD, AUDUSD, and USDCAD (Work on any currency pair)
- Work best on M30 (Work on any time frame)
- The strategy With this EA is to profit fast and then withdraw fast. Withdraw the deposit after doubling the deposit. (This EA has real good potential with this method)
- You may need to look for volatile markets (News) and close trades.
- Hunting Cat Scalper EA should work on VPS without interruption to reach stable results. So we recommend running this FREE MT4 Scalper on a reliable VPS (Reliable and Trusted FOREX VPS – FXVM)
- Low Spread account is also Recommended (Find the Perfect Broker For You Here)
- Magic_Number: different sets can use the same magic number
- Max_slippage: max slippage for each pending order
- TrailingSL_Switch: trailing stoploss in Parabolic SAR
- Cancel_PendingsWeekly: switch to cancel all pending orders
- Cancel_dayofweek: the day of the week that the above function takes place
- Cancel_Hour_Weekly: the hour that the above function takes place
- Cancel_PendingsMonthly: a monthly switch that works the same as Cancel_PendingsWeekly
- Lotsize_Control: manual/autolot by balance/autolot by equity
- Broker_GMT_Winter: Your broker GMT in winter times (usually 2)
- xxxday_Starthour: the starting hour that new pending orders are allowed to be placed
- xxxday_Stophour: the last hour that new pending orders are allowed to be placed