Introduction

Hunter Scalper EA V1.10 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed to identify short-term trading opportunities and execute trades automatically based on predefined strategy rules. Since it is built as a scalping EA, the main objective is to capture small price movements in the market through fast entries and exits. This type of system is generally used by traders who want to reduce manual chart monitoring and apply a more structured trading approach within the MT4 environment.

Key Features

Fully automated trading execution on MetaTrader 4
Scalping-focused strategy for short-term market opportunities
Real-time market monitoring and quick trade response
Built-in stop loss and take profit management
Adjustable lot size and customizable risk settings
Continuous trade management after position entry
Compatible with MT4 brokers that allow Expert Advisors
Designed to reduce emotional trading and improve consistency

Recommended Settings

Recommended settings can vary depending on broker conditions, spread, and account size, but common suggestions include:

Platform: MetaTrader 4
Account type: ECN or low-spread account preferred
Timeframe: M5 or M15, depending on setup
Currency pairs: Major forex pairs such as EURUSD, GBPUSD, or USDJPY
Minimum deposit: $100–$500 recommended
Lot size: Start with 0.01 for smaller accounts
VPS: Recommended for stable 24/5 operation
Risk level: Use conservative risk settings for better account protection

These settings are usually preferred because scalping systems perform better with low spread and fast execution.

Backtest Result

Backtest performance depends on broker data quality, spread, slippage, and input settings. In general, scalping EA backtests are used to evaluate trade frequency, drawdown, and consistency of execution.

Typical backtest observations may include:

Frequent short-term trades during active market sessions
Stable performance when low-risk settings are applied
Better results on low-spread pairs
Drawdown increases when aggressive lot sizing is used
Strong dependence on execution conditions and broker environment

It is always recommended to run your own MT4 Strategy Tester backtest before using the EA on a live account.

Advantages

Reduces the need for constant manual chart monitoring
Executes trades quickly based on programmed logic
Helps remove emotional decision-making
Suitable for traders interested in short-term trading
Can monitor the market continuously during trading hours
Allows customization of risk and trade settings

Disadvantages

Performance depends heavily on spread and execution speed
Scalping systems can be sensitive to broker conditions
May experience drawdowns in unstable or highly volatile markets
Incorrect setup can reduce overall effectiveness
Requires stable internet connection and platform uptime
Still needs regular monitoring and testing

Installation & Setup Guide

Download the Hunter Scalper EA V1.10 file in .ex4 format.
Open the MetaTrader 4 platform.
Click File and select Open Data Folder.
Go to MQL4 > Experts.
Copy the EA file into the Experts folder.
Restart MetaTrader 4.
Open the preferred currency pair chart.
Find the EA under Expert Advisors in the Navigator panel.
Drag and drop the EA onto the chart.
Adjust the input settings such as lot size, risk, stop loss, and take profit.
Enable AutoTrading so the EA can begin operating.
Test on a demo account first before moving to live trading.

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.