FX Hunter EA has established a live track record of several years, demonstrating stable trading with minimal drawdown. This consistent performance underscores its reliability. FX Hunter EA is a sophisticated scalping system that leverages advanced entry and exit algorithms, combined with intelligent filtering techniques, to pinpoint the safest entry points during calm market periods. This professional tool has been refined over the years and is continuously updated to include the latest advancements in trading technology, focusing on long-term stable growth.
A Disciplined Approach to Trading
Unlike many trading systems that claim to be the “Holy Grail” of trading, FX Hunter EA follows a strict, rule-based approach. This ensures controlled risks while aiming to maximize returns. Importantly, it avoids risky strategies such as martingale or grid methods, emphasizing safety and reliability.
Key Features of FX Hunter EA
- One Chart Setup for Multiple Currency Pairs:
- FX Hunter EA enables traders to manage multiple currency pairs through a single chart setup. This feature simplifies trading operations, allowing you to concentrate on other critical aspects of your trading strategy.
- Risk Management:
- The EA employs stringent risk management protocols, steering clear of hazardous strategies like martingale or grid systems. It uses pending orders and implements a stop loss for each trade to safeguard your capital.
- Advanced News Filter:
- An advanced news filter automatically monitors and avoids trading during high-impact news events. This ensures the EA operates in a stable environment, minimizing the risk of sudden market fluctuations affecting your trades.
- Auto GMT Detection and Self-Diagnostic System:
- To streamline its operations, FX Hunter EA includes an auto GMT detection feature, which automatically adjusts your trading to align with your broker’s time zone. Additionally, a self-diagnostic system identifies potential issues with your trading setup and alerts you to make the necessary adjustments.
- Negative Swap Filter:
- The negative swap filter helps protect your account from the adverse effects of swap rates. By identifying and avoiding trades with unfavorable swap conditions, this filter ensures that your trades are executed under optimal circumstances.
Recommendations for Using FX Hunter EA
- Minimum Account Balance: Start with at least $100, though it can function with as little as $25.
- Optimal Currency Pairs: Best results are achieved with GBPUSD, EURUSD, EURCHF, USDCAD, and USDCHF. While it can work on any currency pair, adjustments may be necessary.
- Preferred Timeframe: Designed to operate effectively on the M5 timeframe.
It is highly recommended to test FX Hunter EA in a demo account for at least a week to fully understand its functionality before applying it to a live trading account.
Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: “https://ec.forexprostools.com”, “https://www.worldtimeserver.com“, and “https://www.investing.com“and press “OK.” The EA takes news from the specified websites.
Conclusion
FX Hunter EA stands out as a reliable and sophisticated tool for traders seeking stable, long-term growth. By utilizing advanced algorithms and intelligent filtering techniques, it ensures the safest entry points during calm market periods. Its disciplined, rule-based approach avoids risky strategies, focusing instead on stringent risk management. With features like a single chart setup for multiple currency pairs, an advanced news filter, and a negative swap filter, FX Hunter EA provides a comprehensive trading solution. Proper testing and familiarization are crucial to maximizing its benefits, making it an invaluable asset in any trader’s arsenal.