Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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Hunting Cat Scalper MT5

hunting-cat-scalper-mt5-logo-200x200-5549
349.00 USD247.79 USD

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Information

Experts
MetaTrader 5
Pak Hong Poon
2.0
5

Overview

Hunting Cat Scalper is a fully automated trading robot on mainly USDJPY. It well identifies potential breakout levels in certain price patterns and then trades along with the breakouts. 

A FREE copy of Superdog Pro is gifted along with the purchase of Hunting Cat Scalper. Contact me for further details. 

Current price: $349

Live signal:

Set A : https://www.mql5.com/en/signals/1039521

Set B (Main): 

https://www.mql5.com/en/signals/1144386 (conservative)

Set C (with trailing stop): 

https://www.mql5.com/en/signals/1385938

Main Features

  • Identifies breakout levels in price patterns 
  • Resistant to high ping environment 
  • Calculated hedging mechanism (Set B)
  • Pending orders to minimize slippage  
  • No risky strategies e.g. grid or martingale
  • Strict stoploss on every order 
  • Survived long term backtest of 99.9% modality 
  • No overfitting 
Requirements 
  • Hedging account 
  • Low spread raw ECN broker 
  • Currency base: no limit 
    • Autolot calculation based on USD
    • Adjust autolot risk level according to the exchange rate if you use other currency
  • Minimum recommended deposit: Depends on your risk level (see below)

Recommended Sets

  • Two very different strategies are derived from the same EA 
  • Recommended to run Set A & B in separate accounts
  • Set A 
    • Currency pairs: USDJPY(main), EURUSD, USDCAD
    • Timeframe: M30 
    • Settings: 
      • Set file attached in "Comment" section
    • Lotsize per 0.01lot: 
      • Low risk-350; Moderate risk-250; High risk-150
  • Set B 
    • Currency pair: USDJPY
    • Timeframe: H1 & H4
    • Settings: 
      • Either H1 Set1(conservative entry) OR H1 Set2 (aggressive entry) 
      • And H4 set (default set)
    • Lotsize per 0.01lot: (manual lot recommended)
      • Low risk-550; Moderate risk-400; High risk-250

Input parameters  

How to Setup 

  1. Download the EA on your MT5 terminal 
  2. Download the additional set files from the #1 comment in the "Comment" section 
  3. Open the chart of the corresponding currency with the right timeframe 
  4. Drag the EA onto the chart and load the corresponding set files 
  5. Choose your own lotsize settings and risk level 
  6. Allow autotrading 

    Disclaimer 

    • Backtest result is based on historical data which does not guarantee future performance and profit
    • This MT5 version is translated from the MT4 EA coding. Results may vary in some cases.
    • Trade with an amount and a risk level you feel comfortable with 
    • Start with a demo account to understand the EA mechanism first 
    • A good ECN broker with low spread is essential. Message me if you don't have one
    Trade safe!



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    RISK WARNING: fx-market.pro is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.

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