Hunting Cat Scalper EA V3.0 MT4

Introduction

Hunting Cat Scalper EA is a fully automated Expert Advisor available for MetaTrader 4 (version 3.0) and MetaTrader 5. It is designed primarily around a breakout strategy that identifies potential breakout levels in specific price patterns and trades in the direction of those breakouts. The system focuses on major currency pairs and uses pending orders with strict stop-loss management. It does not employ grid or martingale methods.

Key Features

• Identifies breakout levels from defined price patterns
• Uses pending orders to help reduce slippage
• Resistant to higher ping environments
• Strict stop-loss placed on every trade
• Calculated hedging option available in certain set files
• Trailing stop logic available in selected configurations
• Multiple set files for different trading styles
• Auto-lot or manual lot size control
• Equity safety-stop option included in later versions

Recommended Settings

• Primary pairs: USDJPY (main), also works on EURUSD and USDCAD
• Timeframe: M30 (recommended for the main scalping set)
• Account type: Hedging account required
• Broker: Low-spread raw ECN preferred
• Lot size: Adjust according to account balance and risk preference using the provided set files
• Additional higher timeframe sets (H1/H4) are available for alternative configurations

Advantages

• Fully automated execution reduces the need for constant screen monitoring
• Avoids high-risk strategies such as grid and martingale
• Pending-order entries help manage slippage
• Multiple set files allow different risk and style preferences
• Works on EURUSD and USDCAD in addition to the primary USDJPY focus on the M30 timeframe

Disadvantages

• Performance is sensitive to spread, slippage, and broker execution quality
• Requires a hedging account and low-spread conditions for best results
• Breakout strategies can underperform in prolonged ranging or low-volatility markets
• Different set files should generally be run on separate accounts
• Historical backtests and live signals do not guarantee future results

Conclusion

Hunting Cat Scalper EA V3.0 offers a structured breakout approach on MT4 and MT5, with support for EURUSD and USDCAD on the M30 timeframe alongside its primary USDJPY focus. Traders should test thoroughly on a demo account with the correct set files, confirm broker compatibility, and size risk carefully before considering live use. Always verify the latest version details and set files from official or trusted sources.

Support & Disclaimer

Support:

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Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.