Description
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.
VIDEO
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:
USDJPY: Default set file
Other Currencies: 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
Lotsize per 0.01lot: (manual lot recommended)
Low risk-550; Moderate risk-400; High risk-250
Set C
Currency pair: USDJPY
Timeframe: H1 & H4
Settings: Please download setfiles at Comment#22
Lotsize per 0.01lot: 50
Input parameters
How to Setup
Download the EA on your MT4 terminal
Download the additional set files from the #1 comment in the “Comment” section
Open the chart of the corresponding currency with the right timeframe
Drag the EA onto the chart and load the corresponding set files
Choose your own lotsize settings and risk level
Allow autotrading
Disclaimer
Backtest result is based on historical data which does not guarantee future performance and profit
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
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