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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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Cence Jk Oizeijoozzisa
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Ugochukwu Mobi
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
The ATR Levels Indicator For MT4 is an indicator that is built specifically for traders who use the Meta Trader 4 for their trading analysis, charting of different currency pairs and trading assets, doing their technical analysis and making trading decisions all through the trading day as they work. One of the first major advantages of using the ATR Levels Indicator For MT4 is that it automatically helps the trader to spot very important levels in the markets based on the Average True Range In
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hafis Mohamed Yacine
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Hedgeuptodown
Hafis Mohamed Yacine
What Is Hedging as It Relates to Forex Trading? Hedging with forex is a strategy used to protect one's position in a currency pair from an adverse move. It is typically a form of short-term protection when a trader is concerned about news or an event triggering volatility in currency markets. There are two related strategies when talking about Hedge forex pairs in this way. One is to place a hedge by taking the opposite position in the same currency pair, and the second approach is to buy forex
Pips Hunter EA
Hafis Mohamed Yacine
Profit is just like a capricious lady, that comes and goes, however today, the PROFIT can be BOUGHT! Having installed Forex Pips Hunter just once, you assure yourself of a long-awaited source of income. WHY? Because of some reasons listed below. Forex Pips Hunter...is...   The product that conquered the hearts of some of the world’s best beta-testers.   The product that redefined the definition of Real Success.   Fully automated system that combines some of the best qualities of the modern day s
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Versão 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