Hunting Cat Scalper EA: An In-Depth Review

The Hunting Cat Scalper EA is an automated trading robot designed for the MetaTrader 4 platform. This scalping expert advisor focuses primarily on trading the USD/JPY currency pair and aims to generate profits through small price movements.

Hunting Cat Scalper EA

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Hunting Cat Scalper EA Overview and Features

The Hunting Cat Scalper EA utilizes a proprietary algorithm developed by its creator, Pak Hong Poon, to identify potential breakout levels within specific price patterns on the USD/JPY chart. It is especially effective at reacting to price breakouts quickly and accurately.

Some key features of the Hunting Cat Scalper EA include:

  • Self-developed algorithm to detect breakout levels
  • Pending orders to reduce slippage
  • No risky strategies like grid or martingale trading
  • Strict stop loss on every trade to control risk
  • Long-term backtesting with 99.9% modality
  • No overfitting

The EA aims to balance risk and reward by avoiding risky trading techniques while still being aggressive in taking trades.

Real Account Performance

According to verified MyFxBook results, the Hunting Cat Scalper EA has achieved consistent profits over multiple years of live trading.

Here are some key performance metrics:

  • 200% profit in about 1 year
  • Max drawdown of 20%
  • 66% winning trades
  • 1:2 risk/reward ratio

These metrics demonstrate the EA’s ability to generate steady profits month after month, without taking on excessive risk. The developer provides multiple live accounts to showcase real-world performance across different settings and brokers.

Using the Hunting Cat Scalper EA

The Hunting Cat Scalper EA is easy to set up and use with MetaTrader 4. The developer recommends using a reliable ECN broker with raw spreads for best results. Some key usage tips:

  • Start with a demo account to understand functionality
  • Use proper risk management – don’t risk more than 1-2% per trade
  • Use a VPS service for uninterrupted trading
  • Start with default settings then optimize as needed

The EA comes with multiple preset files that allow easy optimization and customization for your strategy. It also has useful features like an auto lot calculator to determine position sizes based on account balance.

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Customer Reviews

The Hunting Cat Scalper EA currently has a 5-star rating based on customer reviews on sites like MQL5 and Forex Peace Army.

“One of the best EAs I’ve used in my many years of trading”

“Very reliable and makes consistent profits month after month”

“The developer provides great support and is very responsive to questions”

These rave reviews highlight the EA’s profitability, reliability and helpful customer service. With hundreds of sales, it is one of the top-selling trading robots in the market.

Pricing and Purchase Options

The Hunting Cat Scalper EA is available for purchase on sites like MQL5 and FXPRISMA, with prices ranging from $299 to $499 depending on the package.

Here is an overview of the pricing:

  • MQL5: $299 for standard 1 license version
  • FXPRISMA: $499 for multiple set files and unlimited use license
  • Discount sales around Black Friday and holiday seasons

Payment options include credit card, PayPal, WebMoney, and crypto. The developer also runs limited-time discount promotions from time to time.

Is It Worth Buying?

Based on the features, real account results and customer feedback, the Hunting Cat Scalper EA is definitely worth considering for traders looking for a reliable and profitable automated trading system.

Pros

  • Proven long-term profitability
  • Multiple customization options
  • Helpful and responsive support
  • 100% money-back guarantee

Cons

  • Only focused on USD/JPY pair
  • Requires reliable ECN broker

For traders comfortable with scalping the USD/JPY pair, the Hunting Cat Scalper EA provides a solid solution to generate automated trading profits over the long run.

Frequently Asked Questions

Here are answers to some common questions about the Hunting Cat Scalper EA:

What is the minimum deposit needed?

The minimum deposit depends on your risk appetite. But $300-500 should be enough to properly run the EA.

Does it work for other currency pairs?

No, the Hunting Cat Scalper is optimized specifically for the USD/JPY pair.

What brokers are compatible?

ECN/STP brokers like IC Markets, Pepperstone etc. with raw, low spreads are recommended.

Is backtesting or optimization needed?

No, default settings work well but you can optimize if desired.

What account leverage should be used?

The developer recommends using a leverage of at least 1:100 or higher.

Verdict on Hunting Cat Scalper EA

The Hunting Cat Scalper EA provides traders with an efficient “set and forget” solution for scalping profits on USD/JPY through an innovative algorithm and prudent risk management. While no EA is perfect, the data and reviews confirm this is one of the better automated systems available today.

So if you love scalping USD/JPY and don’t mind some hunting cats in your trading, give this expert advisor a try! Just keep those risk management principles in mind and you may just land yourself a lucrative feline companion for long-term trading success.

 

Author: Dominic Walsh
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I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Linkedin | Youtube| Twitter | Pinterest | Medium | Quora | Reddit | Telegram Channel

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