Hunting Dog Scalper EA designed for trading a currency pair UsdJpy. Identifies potential levels and then trades on their breakout. Trades pending orders buy stop and sell stop, does not use risky strategies such as grid or martingale, strict stop loss and take profit for each order
Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/Fx_VIP
|Money management||At least 300 currency units for every pair|
|Recommended brokers||NPBFX, ALPARI, Amarkets|
|For advisor recommended to use VPS 24/5||Zomro (most affordable Windows server only $ 2.75 per month)|
Tested this adviser on history with some sets that the developer offers, I liked the set that is put on the H4 chart, all sets are in the archive with the adviser and are properly marked so that after downloading everyone will understand which sets I am talking about.
Below you can see the tests of the adviser on the timeframe H1 with an aggressive set, but I decided to do the test in an even more aggressive way, so I tested the adviser on a minimum account of 300 USD on which trading should only go 0.01 lot and no more, but I decided to test with lot 0.05, overestimated the allowable lot by 5 times!!!
You can see the result below
Yes, the result turned out to be a failure and the deposit was blown up, but still I saw some potential in the trading of this adviser and I decided to change the settings a little, I just changed the values “Length_Hight”=24 and “Length_Low”=24, and the values “Take_Profit_in_Points”=140 , “Stop_Loss_in_Points”=550 , and this is the result I got, see below, I think it’s ok!!!!
As we can see above, having experimented a little with some settings, we came up with much better results.
Having tested the adviser, you can understand that it shows the best results when the market is trending and clearly moves in some direction, but when the market is in a flat state, the adviser begins to receive many false signals, and therefore receives many losing trades. Nevertheless, the trading logic of the adviser is very simple and clear, the settings are also clear and by changing the parameters and timeframes you can get good results. EA works on a real account from the developer and there are live statistics on the Internet. The adviser has been trading for about 8 months and brought about 400% profit, while the developer claims that he uses two sets on his account, this is an aggressive set on H1 and on the second chart he uses set H4.
I advise you not to stop at just one pair and I recommend testing the adviser on other pairs and maybe it will even show better results on some!!!
Reminder: As with every trading system, always remember that forex trading can be risky. Don’t trade with money that you can not afford to lose. It is always best to test EA’s first on demo accounts, or live accounts running low lotsize. You can always increase risk later!
what is the software you use for backtesting and what is the modeling quality of the tick data?