EA Hunting Cat Scalper v3.0 MT4 is an Expert Advisor (EA) designed to trade primarily on the USDJPY pair, operating mainly by identifying breakout points from potential price patterns on the MT4 platform. This EA is engineered to optimize performance in high-ping environments, using pending orders to minimize slippage and ensure swift trades during market volatility. One of the most prominent features of Hunting Cat Scalper is its intelligent hedging mechanism, particularly in Set B, which helps reduce risk and maintain drawdown at a reasonable level.
Backtest results show that this EA passed long-term tests with historical tick data (99.9% modality) without any signs of overfitting. The live performance also demonstrates stability, delivering a 100.8% profit over 15 weeks, with an average weekly return of 1.15%.
- Vender website: https://www.mql5.com/en/market/product/72119
Key advantages of Hunting Cat Scalper EA:
- Impressive Profitability: The EA generated a real profit of 100.8% over 15 weeks with an initial investment of 1,000 USD, with no withdrawals during the trading period.
- Good Risk Management: The maximum drawdown remained low at only 11.8%, ensuring capital safety.
- High Trading Frequency: On average, 13 trades per week with a holding time of only 22 minutes, ideal for traders favoring short-term trading.
- Smart Hedging: Set B offers a hedging mechanism to reduce risk during sharp market reversals.
- No Grid or Martingale: Ensures safety, avoiding the high risks associated with these strategies.
Recommendations for using Hunting Cat Scalper EA:
- Trading Platform: MetaTrader 4 (MT4).
- Timeframes: H1, H4.
- Currency Pair: USDJPY (primary).
- Minimum Deposit: Varies based on risk level (a minimum of 1,000 USD is recommended for low-risk trading).
- Broker: ECN with low spread and hedging-enabled accounts.
General assessment of Hunting Cat Scalper EA:
Backtest results:
Strong profitability with impressive returns from 2010 to 2022 when trading USDJPY on H1 with autolot settings.
