Hunting Cat Scalper EA MT4 – 97% Gain, 11% Drawdown

Hunting Cat Scalper EA for MT4 by Pak Hong Poon

Introduction

The Hunting Cat Scalper EA is a sophisticated and fully automated trading robot designed for the MT4 platform, primarily focusing on the USDJPY pair.

Developed by Pak Hong Poon, this EA identifies breakout levels within specific price patterns and executes trades accordingly, leveraging advanced trading strategies without relying on risky methods like grid or martingale. Available on CheaperForex.com, the Hunting Cat Scalper EA is a robust solution for traders seeking reliable, automated forex trading.

Description of Hunting Cat Scalper EA

The Hunting Cat Scalper EA is engineered to detect and capitalize on breakout opportunities in forex trading. Utilizing a combination of advanced algorithms, the EA places pending orders to minimize slippage and employs strict stop-loss mechanisms on every trade to safeguard capital. It is resilient to high-ping environments and includes a calculated hedging mechanism in Set B to enhance its adaptability. The EA has undergone extensive backtesting with 99.9% modality to ensure robustness and prevent overfitting, making it a trusted choice for both novice and experienced traders.

Trading Specifications: Recommended Pair, Timeframe, and Minimum Balance

• Primary Currency Pair: USDJPY
• Timeframes:
  • Set A: M30
  • Set B: H1 & H4
  • Set C: H1 & H4
• Minimum Recommended Deposit: Varies by risk level and set configuration.
  • Set A Lotsize per 0.01 lot: Low risk – 350; Moderate risk – 250; High risk – 150.
  • Set B Lotsize per 0.01 lot (Manual recommended): Low risk – 550; Moderate risk – 400; High risk – 250.
  • Set C Lotsize per 0.01 lot: Fixed at 50.

Our Thoughts About It

The Hunting Cat Scalper EA stands out due to its strategic focus on breakout trading and its resistance to high-ping environments, which is crucial for traders who may not always have the fastest connections. The strict use of stop-loss orders on every trade enhances the EA’s safety profile, making it a secure option for automated trading. Additionally, its calculated hedging mechanism in Set B provides added flexibility and risk management, which is a unique advantage over many other EAs that avoid hedging altogether.

Live Performance Signal

The live performance signal for the Hunting Cat Scalper EA shows an impressive 97.38% growth since its inception in 2024, with a maximum drawdown of just 11.8%. This indicates that the EA is not only profitable but also manages risk effectively. The trading activity is predominantly algorithmic, with 69.7% of trades being profitable, demonstrating a consistent performance over the monitored period. This live performance showcases the EA’s capability to sustain growth while maintaining a conservative risk profile.

Backtest Performance Using Set C

The backtest results for Set C on the USDJPY pair reveal a robust performance with a total net profit of 1,478.61 and a maximum drawdown of 19.45%. The EA executed 4,429 trades during the test period with a profit factor of 1.44, indicating that the EA generates more profitable trades than losing ones. The strategy’s reliance on fixed lots and absence of risky compounding techniques further underscores its conservative yet effective approach to forex trading. The backtest underscores the EA’s ability to maintain stability and profitability over a long period, reinforcing its reliability as a trading tool.

Reviews

The Hunting Cat Scalper EA has received positive feedback from users who appreciate its performance, stability, and the support provided by its developer, Pak Hong Poon. Users have highlighted the EA’s high returns and safe trading approach:

• MeSep (Jan 2023): Praises the EA for its high performance and excellent returns, recommending it as a top choice.
• Samueldc (Jul 2022): Reports a 71% gain since starting in June, emphasizing the EA’s safety and the importance of patience.
• IM Trader (Dec 2021): Commends the EA for its stability and consistent profits, highly recommending it.
• JMS (Sep 2021): Applauds the EA’s quality and the excellent support from the author, giving it five stars for both the product and after-sales service.

These reviews reflect the EA’s reliability, user satisfaction, and strong support, making it a favored choice among traders.

Conclusion

In conclusion, the Hunting Cat Scalper EA for MT4 by Pak Hong Poon is a powerful tool for traders looking to automate their trading with a focus on breakout strategies. Its careful design, robust backtesting, and proven live performance make it a compelling choice for anyone looking to enhance their trading with reliable, automated systems. Available on CheaperForex.com, this EA offers a unique combination of safety, efficiency, and adaptability in the forex market.

Traders interested in expanding their forex toolkit with the Hunting Cat Scalper EA can take advantage of this cutting-edge technology and start automating their trading strategies with confidence.