Forex Profit Hunt Expert Advisor review:
ATTENTION! Advisor trades at a strictly specified time GMT. Your broker time zone must correspond to the computer (VPS server) time zone (i.e. if the broker’s time zone is GMT + 2, then in the time settings the computer time zone must also be GMT + 2)If GMT on the information panel is not displayed correctly or test results are worse than demo ones, then you need to manually set the offset in Greenwich in the advisor settings. To do this, change the “AutoGMTOffset” parameter to “false”, then specify your GMT in the “GMTOffset” parameter (that is, if you have GMT +3, then set 3, if GMT -8, then specify -8)
The standard advisor settings are suitable for the EURCHF currency pair on the H1 timeframe
Profit Hunt uses an intra-range trading strategy. The EA opens orders in the places of the most likely price rollback from the borders of the price range.
The expert is fully automated and should be turned on 24 hours a day for full-fledged work, so we recommend using a VPS server that will ensure uninterrupted round-the-clock expert work.
The EA can work on different currency pairs, the standard settings of the EA are optimized for trading on EURCHF on the H1 timeframe.
Currency: EURCHF (others optimization)
Trading time: defined in the expert parameters
Minimum deposit: $ 100
– does not use dangerous martingale or grid strategies
– a fixed stop loss that allows you to control the maximum risk level for a trade
– automatically reinvests earned profit for use in trading
– a small quantity of losing trades in relation to profitable trades
– fully automated
Copy and paste the file into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)