
Hunter Scalper Fx is an MT5 expert advisor that looks for short-term entries on gold and major forex pairs, combining indicators, price action and several market filters. It is built for the H1 chart and has risk controls such as dynamic stop loss and take profit.
Get one message the moment it launches, with its price.
Hunter Scalper Fx is an expert advisor for MetaTrader 5 that searches for short-term trade entries on gold and a range of forex pairs. It combines several indicators, price action and market filters, and it manages each trade with stop loss and take profit rules that you can set.
The advisor waits for a confluence of conditions before it opens a position. Rather than reacting to a single indicator, it checks price action patterns together with indicator readings and then passes the candidate signal through its filters. If the filters do not agree, no trade is placed.
Take profit and stop loss can be defined dynamically, either as a percentage or as a money amount in the account currency. Lot size can follow a fixed, money-based or percentage method. The minimum lot is 0.01, so it can run on standard, cent and micro accounts.
The expert advisor is designed for the H1 timeframe. Gold (XAUUSD) is the main market, and the product description also lists EURUSD, GBPUSD, USDJPY, EURCHF, EURGBP and GBPCHF, among others. Symbol naming, spreads and trading hours vary by broker, so check each symbol in your Market Watch before you attach the advisor.
Exact input names and default values can differ between releases, so open the inputs tab and read each parameter before use. The areas you should expect to review are listed below.
| Area | What to check |
|---|---|
| Lot sizing | Fixed lot, money-based or percentage-based method |
| Stop loss and take profit | Percentage or account currency, and the distances used |
| Trend filter | Linear regression settings and whether it is enabled |
| Sideways filter | Sensitivity and on or off state |
| Market structure filter | Whether it is active and how strict it is |
In the MT5 Strategy Tester choose the every-tick model, a lot size of 0.01 or more and leverage of 1:100 or higher. The developer suggests a deposit around 300, but confirm what suits your own account and risk. Lower leverage may change the outcome. The store tags mention grid, whereas the developer states the advisor does not use grid or martingale, so watch how many positions open at the same time in your tests.
Trading carries risk and you can lose money. Past results, including backtests, do not predict future ones, and optimised tests may not carry over to live conditions. A stop loss is used, but its execution depends on your broker and on market conditions such as slippage and gaps.
Run it on a demo account first, and consider a VPS if you want it to stay connected continuously.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Scalping, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, automated trading |
| Markets | XAUUSD, EURUSD, GBPUSD, USDJPY, EURCHF, EURGBP, GBPCHF and others |
| Timeframe | H1 |
| Trade style | Short-term scalping with price action and indicator confluence |
| Suggested test deposit | Around 300 USD or equivalent; confirm for your account |
| Leverage and accounts | 1:100 or higher advised for testing; hedging, ECN, cent and micro accounts |
| Requirements | Algo trading enabled; a VPS is recommended for continuous running |
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No. This product is written for MetaTrader 5 and will not load in MetaTrader 4. Make sure your broker offers an MT5 account before buying.
The developer describes it as usable with any forex broker and with standard, cent, micro, raw, ECN or similar accounts. Spreads, execution speed and symbol names differ between brokers, so test on a demo account with your own broker first.
It is designed for the H1 chart. Gold (XAUUSD) is the main focus, and the description also lists pairs such as EURUSD, GBPUSD, USDJPY, EURCHF, EURGBP and GBPCHF. Attach it to one chart per symbol and check the inputs for that market.
The store tags list grid, while the developer's own description says it does not use martingale. Because of this mismatch, run it in the Strategy Tester with every-tick modelling and watch how many positions it opens at once before trading it live.
Use the MT5 Strategy Tester with the every-tick model, a lot size of 0.01 or more, a deposit such as 300 and leverage of 1:100 or higher. Lower leverage can change results. Backtests do not predict live performance.
It is not mandatory, but a VPS keeps the terminal online around the clock so the expert advisor can manage trades without interruption. A home computer that sleeps or loses connection can miss signals or position management.
Hunter Scalper Fx
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