Hunting Cat Scalper EA

Cat Hunter Scalper EA is a FREE MT4 Scalper to Download that is entirely automated. It primarily utilizes USDJPY. In certain price patterns, it pinpoints potential breakout levels and trades with the breakouts.

The algorithm I used for spotting potential breakthrough levels
Particularly potent in particular price patterns
Even in a setting with a large ping, special coding logic provides for the least amount of trade quality degradation.
During price breakouts, pending orders are utilized to reduce slippage.
There is no use of dangerous tactics like the grid or the martingale
Every order is set with a strict stop loss.

Since the Hunting Cat Scalper employs the martingale strategy and occasionally even hedging, it can become dangerous. This approach has led to a very good ROI (Return on Investment) for this EA. Your lot size and risk value will determine how much profit you can expect to generate each month.

Blowing your account is inevitable after utilizing this tactic for a while. The probability theory, however, works in our favor when investments are periodically withdrawn. The risky martingale method instantly breaks even and turns profitable after the first investment is removed.

Recommendations

Minimum Account Balance: $250, or even just $100 to be safe. Take these risk percentages with a grain of salt because this is a martingale EA.
As an EA can quadruple a $100 account in a week with a potential of losing the account as well, it is advised that you adjust your risk tolerance and deposit. However, if you can disable the EA and stop all trades during erratic market conditions or breaking news, you can largely prevent this.
Work on any currency pair, but perform best on USDJPY, EURUSD, GBPUSD, AUDUSD, and USDCAD
Work on any time frame (best on M30)
The approach With this EA, you can profit quickly and withdraw money quickly. After double the deposit, withdraw it. (This EA has great potential using this technique.)
You might have to monitor the news for volatile markets and close trades.
This free forex EA should be run 24/5 on a VPS (Reliable and Trusted FOREX VPS – FXVM).
low spread ECN account is also advised (Find the Perfect Broker For You Here).