Profit Hunter EA V1.0 MT4 Profit Hunter EA V1.0 MT4 - MetaTrader 4 Resources
introduce
Profit Hunter EA V1.0 MT4 is an automated trading system designed specifically for MetaTrader 4 that can analyze market conditions and execute transactions according to predefined algorithmic rules. It is designed to deliver consistent trading performance by eliminating emotional decision-making and focusing on structured strategies.
Main features
- Fully automated trading system
- Multiple currency pair support
- Indicator-based trading logic
- Built-in stop loss and take profit
- Trend and intraday strategy support
- Customizable lot sizes and risk settings
- Available for M5, M15 and H1 timeframes
- Trade management with trailing stop option
- Backtesting and optimization support
Recommended settings
- Time frame: M15 or H1
- Currency pairs: EUR/USD, GBP/USD, USD/JPY
- Risk level: 1% to 2% per trade
- Lot size: 0.01 or automatic lot size
- Broker Type: ECN or Low Spread Broker
- VPS: Recommended for stable performance
- Trading hours: London and New York hours
Backtest results
- Demonstrated stable performance in historical testing under optimized settings
- Perform better in trending market conditions
- Drawdown varies based on risk allocation
- More accurate for major currency pairs
- Live performance may vary due to spreads and execution speed
advantage
- Fully automated trade execution
- Emotionless and disciplined trading
- Suitable for beginners and advanced traders
- Flexible configuration options
- Save time with automation
- Support VPS continuous trading
shortcoming
- Profit is not guaranteed in the real market
- Performance depends on market conditions
- Requires proper setup and optimization
- Sensitive to broker spreads and execution quality
- Not effective in all market environments
- Requires monitoring for best results
Installation and Setup Guide
- Download EA file (.ex4 or .mq4)
- Open MetaTrader 4 platform
- Go to File → Open data folder
- Navigate to MQL4 → Experts folder
- Paste the EA files into the folder
- Restart MetaTrader 4
- Drag the EA onto the trading chart
- Enable automatic trading button
- Adjust settings (risk, lot size, etc.)
- Confirm that the EA is running on the chart.
Product screenshots



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