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Hunting Cat Scalper EA V3.0 MT4

Hunting Cat Scalper EA V3.0 MT4 is a fully automated trading robot designed primarily for the USDJPY currency pair but works well on others like EURUSD and USDCAD. It uses a breakout strategy, identifying specific price patterns and executing trades based on these breakout levels. This EA is tailored for traders looking for consistent scalping performance, with several key features to maximize efficiency in short-term trades.

Key Features:

Currency Pair: Primarily optimized for USDJPY, though compatible with EURUSD, USDCAD, and more.
Time Frame: Best suited for M30 for most pairs, though some aggressive entries use H1.
Minimum Deposit: A deposit of $500 is recommended, depending on your risk level.
Risk Levels:
- Low risk: $350 per 0.01 lot
- Moderate risk: $250 per 0.01 lot
- High risk: $150 per 0.01 lot

Hunting Cat Scalper EA V3.0

Strategy Overview:

The EA focuses on breakout trades. It identifies levels where price is expected to break out and places pending orders to capitalize on small price movements. The strategy relies on:
- Pending orders: To minimize slippage during breakouts.
- Stop-loss mechanism: Strict stop losses are placed on every trade, minimizing risks.
- Hedging: Some versions of the EA incorporate a calculated hedging mechanism to protect trades in volatile conditions.

Recommendations:

Broker Type: Use an ECN broker with low spreads for optimal results.
VPS Hosting: Run the EA on a reliable VPS to ensure uninterrupted performance, especially during high-volatility news events.
Withdrawals: It’s advisable to withdraw profits regularly, especially after doubling your deposit, as the EA operates with high efficiency but also some risk.

This scalper is designed for traders who want to take advantage of frequent, small price movements, making it an excellent tool for scalping enthusiasts looking for high efficiency and manageable risk.