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Profit XHunter

Many traders, especially the beginners, get tired of manual trading and start using robots. Of course, advertising plays a significant role in choosing the algorithm. Often, system and EA vendors hide information about their product until the customer buys it. Profit Hunter EA is no exception, so in our review we will try to find out whether this robot is efficient or you should better search for its counterparts.

Profit Hunter EA 

A variation of the "martingale" technique used in the EA is actually not unique, but rather one of the modifications of the old strategy of "Avalanche", with the only difference: instead of aggressive opening orders in both directions, all losing positions gained in the course of work are locked in the entire volume after the last series of orders. Thus, the risk of siphoning the deposit because of a false signal is reduced.

For immediate decision on the opening of the first order in a series, the Profit Hunter EA uses the fractal technology in its basic version. Other modifications use moving averages with different periods.

When configuring, you should pay attention to the following parameters in the main window:

Level - level used to set the stop-loss, take-profit and to determine the points for the series of orders;

Lock - number of orders, after which a counter position will be opened for the entire volume.
 

The Profit Hunter EA is recommended for use on GBP/USD pair on the 1-hour timeframe. Among other parameters, we should underline money management rules, which suggest there is a minimum deposit of $5,000 to start trading with recommended 0.1 lot. 



Lots = The lot is determined manually according to the value of your account

Recommendations

Symbol: EURUSD.AUDUSD.NZDUSD.GBPUSD.GBPJPY.EURGBP   (REC GBPUS frame 15 m)

Brokers: ECN brokers, low spread/commission, 1:500 leverage

Minimum Deposit Recommended : $5000 USD for lot 0.10

Use a broker with good execution and with a  low spread   

  • Time Frame:5M  -4H

Account Management

 Lots = 0.1

 MaxLots = 10.0

 MoneyManagement = FALSE

 Risk = 10.0

 ProfitMultiplier = 2.0

 UseShadowTargets = TRUE

 TakeProfit = 100

 StopLoss = 500

 Slippage = 3


Time ControL =FALSE    (if =true E.A. to be inactive from: ", FromTime1, "hr to ", ToTime1, "hr"); and FromTime2, "hr to ", ToTime2, "hr") 

FromTime1 = 0    

ToTime1 =0

FromTime2 = 0

ToTime2 = 0

PS:

The time is determined by

Global stock market hours of operation 


World Stock Exchanges opening times (24 hour format)
Stock Exchange Trading Hours
NYSE New York Stock Exchange 09:30-16:00
TSE Tokyo Stock Exchange 09:00-11:30 12:30-15:00
LSE London Stock Exchange 08:00-16:30
HKE Hong Kong Stock Exchange 09:30-16:00


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LAUNCH PROMO: ONLY 6 COPIES OUT OF 10 LEFT AT $499! Next price:        $549 The EA opens trades at the beginning of New York session . This is an ideal time to enter the Forex market as the two largest markets in the world literally overlap each other. During this four-hour period, you can see a great increase in liquidity and volatility provided by both London and New York market participants. The EA analyses the market using the advanced trend filter (ATF). The ATF is a directional filter all
499 USD
ATS Advisor
Ivan Bebikov
The MT5 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/54481 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Fully automatic adviser, with a system for recovering from losses. The strategy is based on the breakdown of signific
399 USD
Battle Scalper
Andrey Kozak
Battle Scalper is a fully automatic trading robot. The default settings are for the GBPUSD currency pair, H1 timeframe. The robot trades on the principle of accumulating a positive balance by opening trades for a short time at the moments of an impulsive market. The robot places pending orders at the supposed support / resistance points and then accompanies the deal if it worked. If the transaction does not work, the robot removes the pending order. Trading recommendations: Currency pair GBPU
749 USD
The Grand Trader
Stefan Petkov
We have invested more than 200K Euro in our experience. Do you want to join us in our journey ? The Grand Trader is trading with our own REAL MONEY. We are not relying on back-testing! We are confident in our knowledge and experience in the Forex Market!  Live signal monitoring :  https://www.mql5.com/en/signals/831036 Please note that the Backtest has been performed on MT5 terminal due to its ability to test different time frames and different currency pairs on the same time, however if you wan
2 600 USD
Noise Master
Evgeniy Machok
There are only 8 copies left for the price of $299. Next price - $349. Fully automatic Expert Advisor for night trading during low market volatility. The strategy is based on an automatic algorithm, based on technology with machine learning elements. The ability to filter out market "noise" has always been an essential element of any Forex strategy. In this Expert Advisor this ability is sufficiently implemented, that allows us to expect a high enough percentage of profitable trades. Posi
299 USD
VR Smart Grid
Vladimir Pastushak
⭐   VR Smart Grid is a multi-functional expert advisor for the MetaTrader 4 and MetaTrader 5 terminals that allows you to trade using order grids. The algorithm of the expert advisor allows you to trade both with the trend and against the trend. Trading with the trend is structured in such a way that each new order is opened only if the previous order has a Stop Loss in the profit zone. Trading against the trend is conducted in order to close unprofitable positions with a profit. The advisor ha
199 USD
NSP Tiger Of Sweden
Boris Sklyaruk
New version of the adviser "New Stable Profit" adapted for trading on the GBPSEK currency pair The adviser has been working on real accounts since 2017. Trading is based on corrective movements of the trend, positions are opened based on the strength of the trend and trading volumes according to the author’s formula. Series of positions have a common take profit, which is laid down on the basis of statistics on correctional movements of a given trading instrument. Upon the release of
250 USD
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Version 1.10 2020.03.06
Recommendations

Symbol: EURUSD.AUDUSD.NZDUSD.GBPUSD.GBPJPY.EURGBP

Brokers: ECN brokers, low spread/commission, 1:500 leverage

Minimum Deposit Recommended : $5000 USD

Lots = The lot is determined manually according to the value of your account