Profit Hunter EA V1.0 MT4

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Expert Advisor type
Profit Hunter EA V1.0 MT4
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

  1. Download EA file (.ex4 or .mq4)
  2. Open MetaTrader 4 platform
  3. Go to File → Open Data Folder
  4. Navigate to MQL4 → Experts folder
  5. Paste EA file into the folder
  6. Restart MetaTrader 4
  7. Drag EA onto a trading chart
  8. Enable AutoTrading button
  9. Adjust settings (risk, lot size, etc.)
  10. 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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