
Type
EA
Platform
MT4
Version
1.0
Category
Expert Advisor type
Date
4/25/2026
Pricing
Free
Description
Introduction
Profit Hunter EA V1.0 MT4 is an automated trading system designed for MetaTrader 4 that analyzes market conditions and executes trades based on predefined algorithmic rules. It aims to deliver consistent trading performance by removing emotional decision-making and focusing on structured strategies.
Key Features
- Fully automated trading system
- Multi-currency pair support
- Indicator-based trading logic
- Built-in Stop Loss and Take Profit
- Trend and intraday strategy support
- Customizable lot size and risk settings
- Works on M5, M15, and H1 timeframes
- Trade management with trailing stop option
- Backtesting and optimization support
Recommended Settings
- Timeframe: M15 or H1
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY
- Risk Level: 1% to 2% per trade
- Lot Size: 0.01 or auto lot
- Broker Type: ECN or low spread broker
- VPS: Recommended for stable performance
- Trading Sessions: London and New York sessions
Backtest Result
- Shows stable performance in historical testing under optimized settings
- Performs better in trending market conditions
- Drawdown varies based on risk configuration
- More accurate on major currency pairs
- Live performance may differ due to spreads and execution speed
Advantages
- Fully automated trading execution
- Emotion-free and disciplined trading
- Suitable for beginners and advanced traders
- Flexible configuration options
- Saves time with automation
- Supports continuous trading with VPS
Disadvantages
- No guaranteed profits in real markets
- Performance depends on market conditions
- Requires proper setup and optimization
- Sensitive to broker spreads and execution quality
- Not effective in all market environments
- Needs monitoring for best results
Installation & Setup Guide
- Download EA file (.ex4 or .mq4)
- Open MetaTrader 4 platform
- Go to File → Open Data Folder
- Navigate to MQL4 → Experts folder
- Paste EA file into the folder
- Restart MetaTrader 4
- Drag EA onto a trading chart
- Enable AutoTrading button
- Adjust settings (risk, lot size, etc.)
- Confirm EA is running on the chart.
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
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.
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