With the rise of Forex Trading and the advent of Automated Trading technologies, Forex Robots such as the Hunting Cat Scalper MT5 have gained significant popularity among traders. This trading robot primarily focuses on USDJPY Trading and is designed to identify potential breakout levels in specific price patterns, thereby trading along with the breakouts.
Key Features of Hunting Cat Scalper MT5
The Hunting Cat Scalper MT5 stands out in the Forex Strategies market with its unique features. It not only identifies breakout levels in price patterns but also exhibits resistance to high ping environments. This trading robot does not indulge in risky strategies such as grid or martingale. Instead, it employs a calculated hedging mechanism and uses pending orders to minimize slippage.
Furthermore, it enforces a strict stop-loss on every order and has survived a long-term backtest of 99.9% modality, ensuring that there is no overfitting. With its robust features and strategic approach, the Hunting Cat Scalper MT5 is designed to thrive in the ever-changing landscape of Currency Trading.
Requirements for Using Hunting Cat Scalper MT5
Before using the Hunting Cat Scalper MT5, certain prerequisites need to be met. Firstly, a hedging account is required. Secondly, it is recommended to have a low spread raw ECN broker. There is no limit on the currency base, and the autolot calculation is based on USD. However, users can adjust the autolot risk level according to the exchange rate if they use other currencies. The minimum recommended deposit depends on the user’s risk level.
Setting Up Hunting Cat Scalper MT5
Setting up the Hunting Cat Scalper MT5 on your MT5 terminal is straightforward. After downloading the EA, users need to download the additional set files. Then, they have to open the chart of the corresponding currency with the right timeframe. After dragging the EA onto the chart and loading the corresponding set files, users can choose their lot size settings and risk level. Lastly, they need to allow auto trading.
FAQs
What is the current price of Hunting Cat Scalper MT5?
The current price of Hunting Cat Scalper MT5 is $699. However, the next price is projected to be $799.
What is the main currency pair for Hunting Cat Scalper MT5?
The main currency pair for Hunting Cat Scalper MT5 is USDJPY. However, it also supports EURUSD and USDCAD.
Is there any bonus with the purchase of Hunting Cat Scalper MT5?
Yes, a FREE copy of Superdog Pro is provided with the purchase of Hunting Cat Scalper MT5.
For those interested in learning more about the Hunting Cat Scalper MT5, independent testing of this product can be viewed on the forexroboteasy.com website. Users can also subscribe to updates on the results of testing this product. We encourage readers to share their experiences of using this product. This is an independent product review and is not associated with the product’s developers or sellers.
Unbiased Review of Hunting Cat Scalper MT5: Forex Traders' Top Choice
The Hunting Cat Scalper MT5, in particular, has been a game-changer for me. This software is not just another EA; it's a powerful tool that has significantly improved my trading efficiency. The algorithm's precision in identifying profitable trades is simply unmatched. It's as if it has an uncanny ability to sniff out the best opportunities, much like a hunting cat would its prey.
What sets the Hunting Cat Scalper MT5 apart from other EA's I've used is its consistency. It doesn't just deliver one-off profitable trades; it consistently identifies and executes profitable trades. This consistency has not only boosted my profits but also given me peace of mind knowing that my trading is in good hands.
Another aspect of the Hunting Cat Scalper MT5 that I appreciate is its user-friendly interface. Even though it's a sophisticated piece of software, it's incredibly easy to use. The settings are straightforward, and it's easy to customize the software to suit my trading style and risk tolerance.
In conclusion, the Hunting Cats (MT4 and MT5) have been my most profitable EA's. They have significantly improved my trading performance and made forex trading more enjoyable. The Hunting Cat Scalper MT5, in particular, is a tool that I would highly recommend to any trader looking to improve their trading efficiency and profitability. It's a tool that delivers results, and in the world of forex trading, results are what matter most.
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