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Expert: Hunter Scalper v1.10 (Unlocked), Instruction doc.
Automatic Expert Advisor for Scalping During Low Volatility
This Expert Advisor (EA) is specially designed for scalping in periods of low market volatility. It employs an advanced algorithm to identify precise entry points and uses multiple filters to decide when to enter and exit trades. The best part? It requires no optimization or complex setup — just install and trade.
Recommended Currency Pairs:
AUDUSD, EURUSD, GBPUSD, USDCHF, and most cross currency pairs.
Working Chart:
EURUSD, M15 timeframe
Key Features
No Martingale or Averaging: The EA avoids risky strategies and does not hold onto losing trades.
Multi-Currency Trading: Spread your risk across multiple pairs for better balance.
Stop Loss & Take Profit: Every trade is protected with clear exit levels.
Plug & Play: No need for optimization or configuration — uses proven, ready-made strategies.
Flexible Risk Management: Adjust risk settings easily to suit your trading style.
Advanced Market Entry/Exit: Uses smart algorithms to find the best moments to trade.
Minimum Deposit: $100.
VPS Recommended: A VPS with low latency to your broker’s server is essential for smooth trading.
Requires ECN Account: Low spreads are crucial for scalping success.
Broker Recommendations
Tickmill Pro: Get a 5% discount on commission—pay only 1.9 units of base currency per side per lot instead of 2 units. [Open your Tickmill Pro account here]
ICMarkets ECN: Enjoy an 8.57% discount on commission—pay $3 per side per lot instead of $3.5. [Open your ICMarkets ECN account here]
Important Parameters
MaxSpread: Maximum spread allowed for opening trades.
MaxSlippage: Allowed price slippage.
GMT Offset: Set your broker’s daylight saving time adjustment.
GMT_Start / GMT_End: Trading hours start and stop.
Lots: Fixed lot size per trade.
UseRisk: Enable automatic lot sizing.
MaxRisk: Maximum risk as a percentage of free margin.
StopLoss: Maximum stop loss, trades usually close earlier if signals indicate.
TakeProfit: Maximum take profit target.
MagicNumber: Unique EA ID to avoid conflicts with other EAs.
SymbXX: Specify the exact trading pair including suffix if any (e.g., “EURUSD.Pro”).
Recommendations and Warnings
Avoid setting MaxRisk higher than 5%. For example, hitting stop loss twice in a row with 10% risk means losing 10% of your deposit.
Use only reliable brokers with proven results for this EA. See the broker list in settings and trading signal description.
Remember, past performance is not a guarantee of future profits.
