Currencies Hunter EA MT5 (Official version) | Unbounded

Product Overview

Currencies Hunter EA MT5 is an advanced automated Forex Expert Advisor designed to trade multiple currency pairs using a proprietary and highly specialized trading algorithm. Developed over a year of programming, testing, and optimization, the EA is built for traders looking for a fully automated approach to Forex trading.

Unlike a simple rule-based strategy, Currencies Hunter EA MT5 uses a unique algorithm to identify potential market opportunities and determine when to open and close trades. The system is designed to operate automatically on real trading accounts while providing traders with tools for backtesting and performance analysis.

Currencies Hunter EA MT5 is specifically configured to work across four currency pairs on the H4 timeframe: GBPUSD, NZDUSD, GBPAUD, and EURNZD.

For the intended setup, traders should run the EA on all four H4 charts simultaneously. Set files are provided to help configure the EA for each supported currency pair.

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About the Developer

• Author: Noha Mohamed Fathy Younes Badr
• Experience: Over +3 years of experience on MQL5.
• Notable Products: Currencies Hunter, Enigmion EA MT5, Enigmion EA MT4, Market Striker and other advisors.
• Flagship Product: Currencies Hunter EA MT5 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

>>Reviewed by Jason Stap <<

Main Features of Currencies Hunter EA MT5

Proprietary Trading Algorithm

Currencies Hunter EA MT5 uses a specialized trading algorithm developed through extensive programming and testing. The algorithm is designed to identify trading opportunities and manage entries and exits automatically.

Advanced Time Filter

The built-in time filter helps control when the EA is allowed to trade, allowing the system to focus on specific market periods.

Advanced Trend Filter

Currencies Hunter incorporates a trend filter to help evaluate market direction before entering trades.

Maximum Deposit Load Control

The EA includes a deposit-load control feature designed to help manage the amount of trading exposure relative to the account.

Fixed Take Profit and Stop Loss

Each trade can use predefined Take Profit (TP) and Stop Loss (SL) levels for structured trade management.

Statistical Panel

A built-in statistics panel provides useful trading information directly on the chart, helping users monitor the EA’s activity and account conditions.

Fully Automated Trading

Once installed and configured correctly, Currencies Hunter can automatically analyze the market, open trades, and manage positions without requiring manual execution.

Multi-Currency Configuration

The recommended setup uses four Forex pairs simultaneously:

• GBPUSD
• NZDUSD
• GBPAUD
• EURNZD

All four charts should be configured on the H4 timeframe.

How Does Currencies Hunter EA MT5 Work?

Currencies Hunter EA MT5 is designed to analyze the selected currency pairs using its proprietary trading algorithm together with trend and time filters.

The basic trading process can be summarized as follows:

Market Analysis → Time Filter → Trend Filter → Trading Signal → Trade Entry → TP/SL Management → Trade Exit

The EA continuously monitors the configured H4 charts and evaluates market conditions according to its internal algorithm. When the required conditions are satisfied, the system can automatically open a position.

After entering the market, the EA manages the trade according to its configured risk parameters, including fixed Take Profit and Stop Loss levels.

Because Currencies Hunter is designed to operate across multiple currency pairs, traders should attach the EA to all four recommended charts rather than using only a single chart if they want to follow the developer’s recommended configuration.

Why Choose Currencies Hunter EA MT5?

Currencies Hunter EA MT5 may be suitable for traders who are looking for a fully automated Forex trading system with multi-pair functionality and structured risk controls.

Key reasons to consider the EA include:

1. Proprietary and specialized trading algorithm
2. Advanced time filter
3. Advanced trend filter
4. Maximum deposit-load control
5. Fixed Take Profit and Stop Loss
6. Built-in statistics panel
7. Fully automated trade execution
8. Simple chart-based installation
9. Multi-currency trading capability
10. Designed specifically for H4 Forex trading

The system is particularly focused on four currency pairs—GBPUSD, NZDUSD, GBPAUD, and EURNZD—which allows traders to follow a clearly defined trading configuration.

Currencies Hunter EA MT5 Backtest Results

• Initial Deposit: $10,000
• Total Net Profit: $14.000,66
• Win Rate: 83,44%
• Maximum Drawdown: 0.89%

Currencies Hunter MT5 backtets

• Initial Deposit: $10,000
• Total Net Profit: $70.421,34
• Win Rate: 85.95%
• Maximum Drawdown: 4.05%

Currencies Hunter EA MT5 backtets

Performance and Risk Management

Currencies Hunter EA MT5 is designed with several features intended to help manage trading exposure, including fixed Take Profit, Stop Loss, maximum deposit-load control, trend filtering, and time filtering.

The recommended starting configuration provided by the developer is:

• Account Capital: $1,000
• Lot Size: 0.08 per chart
• Number of Charts: 4
• Timeframe: H4
• Currency Pairs: GBPUSD, NZDUSD, GBPAUD, EURNZD

For a $1,000 account, the recommended configuration uses 0.08 lot on each of the four charts. However, traders should understand that this is a developer-provided example rather than a guarantee of suitable risk for every account.

The recommended minimum deposit is $200, while traders are advised to use a good ECN broker with low spreads.

Backtesting Setup

To test Currencies Hunter EA MT5 using the recommended configuration:

1. Attach the EA to a GBPUSD H4 chart.
2. Attach the EA to a NZDUSD H4 chart.
3. Attach the EA to a GBPAUD H4 chart.
4. Attach the EA to an EURNZD H4 chart.
5. Load the appropriate set file for each currency pair.
6. Enable algorithmic trading.
7. Use Every Tick mode when performing the backtest.
8. For a $1,000 example account, use 0.08 lot per chart according to the developer’s recommended setup.

Backtesting results can vary depending on broker data, spread, commission, execution conditions, historical data quality, and testing settings.

Weaknesses and Risk Warnings

Although Currencies Hunter EA MT5 includes several risk-management and filtering features, automated Forex trading always involves financial risk.

Multi-Chart Requirement

The recommended configuration requires four separate H4 charts. This means traders need to manage multiple simultaneous EA instances rather than simply attaching the EA to one chart.

Market Conditions Can Change

Historical backtests cannot guarantee future performance. Forex market conditions can change significantly over time, and an algorithm that performs well under certain conditions may experience different results in other market environments.

Broker Conditions Matter

The developer specifically recommends using a low-spread ECN account. High spreads, commissions, slippage, or poor execution can affect the EA’s trading results.

Lot Size Requires Careful Management

The recommended 0.08 lot per chart for a $1,000 account should not automatically be considered appropriate for every trader. Risk depends on account size, leverage, broker conditions, drawdown tolerance, and the EA’s actual trading behavior.

VPS Recommended

For continuous automated trading, the EA should run on a VPS to help maintain stable operation when the trader’s personal computer is offline.

No Guaranteed Profits

Currencies Hunter EA MT5 is a trading tool, not a guarantee of profit. Users should perform their own testing and use appropriate risk management before trading with real money.

Pros and Cons

Pros

• Fully automated Forex trading
• Proprietary trading algorithm
• Supports multiple currency pairs
• Designed for the H4 timeframe
• Advanced time filter
• Advanced trend filter
• Maximum deposit-load control
• Fixed Take Profit and Stop Loss
• Built-in statistics panel
• Supports backtesting with Every Tick
• Simple installation process
• Recommended for use with ECN and low-spread accounts

Cons

• Requires four separate charts for the recommended setup
• Limited to the specified currency pairs in the recommended configuration
• Requires careful lot-size management
• VPS operation is recommended for continuous trading
• Performance can vary between brokers
• Backtest results do not guarantee future results
• Trading involves the possibility of significant losses

How to Install Currencies Hunter EA MT5

Installing Currencies Hunter EA MT5 is straightforward when following the recommended configuration.

Step 1: Install the EA

Copy the Currencies Hunter EA MT5 files into the appropriate MetaTrader platform folder and restart the trading terminal if necessary.

Step 2: Open the Required Charts

Open the following four currency pairs:

• GBPUSD – H4
• NZDUSD – H4
• GBPAUD – H4
• EURNZD – H4

Step 3: Attach the EA

Attach Currencies Hunter EA MT5 to each of the four H4 charts.

Step 4: Load the Set Files

Use the corresponding set file for each currency pair. The set files are provided through the developer’s blog/comments according to the supplied product instructions.

Step 5: Configure Lot Size

For the developer’s example configuration, a $1,000 account uses 0.08 lot on each chart.

Traders should evaluate their own account size and risk tolerance before using this setting on a live account.

Step 6: Enable Algorithmic Trading

Make sure algorithmic/automated trading is enabled in MetaTrader.

Step 7: Use a VPS

For continuous operation, run the EA on a reliable VPS so that the trading terminal can remain online.

Step 8: Use a Low-Spread Broker

For the recommended setup, use a reputable ECN broker with competitive spreads and reliable execution.

What’s Included in the Download Package?

• Experts
  • Setting (If Any).docx
  • Installation Guide.docx
• SetFiles
  • NZDUSD.set
  • GBPUSD.set
  • GBPNZD.set
  • GBPAUD.set
  • EURNZD.set
  • GBPAUD_mt5_.set

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Final Thoughts

In summary, Currencies Hunter EA MT5 is a specialized automated Forex trading system designed around a proprietary algorithm and a clearly defined four-pair H4 configuration. By combining an advanced time filter, trend filter, deposit-load control, fixed TP/SL, and a statistical panel, the EA provides a structured framework for automated currency trading.

The recommended configuration focuses on GBPUSD, NZDUSD, GBPAUD, and EURNZD, with the EA running simultaneously on all four H4 charts. The system also supports backtesting using Every Tick mode, allowing traders to evaluate its historical behavior under their chosen testing conditions.

However, traders should not rely solely on backtest performance when making live trading decisions. Broker spreads, commissions, slippage, execution quality, market conditions, and position sizing can all influence actual results.

For users considering Currencies Hunter EA MT5, a sensible approach is to test the system on a demo account first, verify the settings, evaluate drawdown and trading behavior, and only then consider live deployment with appropriate risk management.

Important: Forex and automated trading involve substantial risk. Past performance and backtest results do not guarantee future results. Trade only with capital you can afford to lose.