FREE Hunting Cat Scalper 3.0 EA MT4

[Pal]

Hunting Cat Scalper 3.0 – A High-Frequency Scalping Expert Advisor for MT4



Hunting Cat Scalper 3.0 is a specialized Expert Advisor developed for MetaTrader 4 (MT4), designed for high-frequency, short-term trading strategies, commonly known as scalping. Having tested this EA across various market conditions, I found its speed and precision in entering and exiting trades to be a key advantage. Targeting quick profits in low-volatility, range-bound markets, Hunting Cat Scalper 3.0 excels at capturing small market movements within tight price ranges.

Recommended Settings​

For optimal performance, here are the recommended settings for Hunting Cat Scalper 3.0:

• Platform: MetaTrader 4 (MT4)
• Timeframes: M1, M5 (ideal for scalping)
• Currency Pairs: EURUSD, GBPUSD, USDJPY
• Minimum Deposit: $500

This EA performs best on M1 and M5 timeframes, targeting small price movements on liquid, low-spread pairs like EURUSD and USDJPY.

Key Features of Hunting Cat Scalper 3.0 EA​

1. High-Frequency Scalping: The EA captures minor market movements through rapid trade execution, allowing for multiple trades in short timeframes.
2. Low-Risk, Short-Term Strategy: With a focus on minor price fluctuations, the EA applies tight stop-loss levels to minimize drawdowns and control risk.

Strategy Overview​

Hunting Cat Scalper 3.0 EA employs a classic scalping approach, opening multiple trades over short timeframes and aiming for small, consistent profits. Based on my experience, it performs exceptionally well in flat or range-bound markets, where its rapid execution can capitalize on tight ranges and minor price shifts.

While it’s capable of adapting to trends, the EA may experience more frequent stop-outs during volatile market conditions, particularly in strong, fast-moving price action. Therefore, it’s best suited for stable or low-volatility environments, such as during the Asian session, when currency pairs often exhibit predictable, low-variance behavior.

Performance and Drawdowns​

In optimal market conditions (such as low-volatility periods), drawdowns were generally manageable. However, during high-impact news events or in volatile markets, drawdowns can increase, as the EA’s scalping strategy may struggle with erratic price movements.

In backtesting, the EA demonstrated an ability to sustain losses during certain periods but recovered as long as market conditions remained favorable for scalping. Applying tight stop-loss levels helps control drawdowns, further improving performance in stable markets.

Conclusion​

Hunting Cat Scalper 3.0 EA is a valuable tool for traders seeking high-frequency, short-term trading on MT4. Its strengths lie in capturing small market movements and executing multiple trades over brief timeframes, making it an ideal choice for scalpers. However, it performs best in low-volatility, range-bound markets and can experience larger drawdowns in highly volatile conditions.

This EA is suitable for traders who are prepared to monitor market conditions closely and avoid trading during major news events. With a minimum deposit of $500, it’s an effective option for traders who prefer an active, hands-on approach to scalping. For those willing to adjust their trading based on market conditions, Hunting Cat Scalper 3.0 EA offers a powerful and consistent means to achieve steady profits.