Hunter Scalperr EA MT5 (Official version) | Unbounded

Product Overview

Hunter Scalperr EA MT5 is an advanced automated trading system specifically developed for XAUUSD (Gold/USD) trading on the MetaTrader 5 (MT5) platform. Optimized for the M5 timeframe, this Gold scalping EA combines multiple technical indicators with a controlled grid-based pending order system to identify short-term trading opportunities in the highly volatile gold market.

The EA uses a unique dual-entry architecture. The first system combines RSI and Stochastic Oscillator filters to identify potential overbought and oversold conditions, while the second system uses Parabolic SAR to detect momentum and trend-following opportunities.

Hunter Scalperr EA MT5 also includes several built-in risk management features, including stop loss, dynamic trailing stop, spread protection, margin verification, lot normalization, and trading-hour controls.

With its combination of scalping signals, controlled grid management, trend detection, and automated risk controls, Hunter Scalperr EA MT5 is designed for traders looking for an automated approach to short-term XAUUSD trading.

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About the Developer

• Author: Ignacio Agustin Mene Franco
• Experience: Over +2 years of experience on MQL5.
• Notable Products: Hunter Scalperr EA, Ichimoku Scalper Gold EA MT4, Level Hard Xauusd, Danesha Xauusd, Power Fusion Xauusd, Level Slow Xauusd EA MT4 and other advisors.
• Flagship Product: Hunter Scalperr 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 Hunter Scalperr EA MT5

XAUUSD Gold Scalping Strategy

Hunter Scalperr EA MT5 is specifically optimized for XAUUSD on the M5 timeframe, allowing the system to focus on short-term price movements and intraday market fluctuations.

Dual Trading System

The EA operates through two independent trading systems:

• RSI + Stochastic System
• Parabolic SAR System

Each system has its own magic number, allowing trades to be managed independently.

RSI + Stochastic Filters

The first system combines RSI and Stochastic Oscillator signals to identify potential reversal areas.

Default parameters include:

• RSI Period: 14
• Stochastic: 5,3,3
• Buy condition: RSI ≤ 40 and Stochastic ≤ 30
• Sell condition: RSI ≥ 60 and Stochastic ≥ 70

This combination is designed to filter trading opportunities rather than relying on a single indicator.

Parabolic SAR Trend System

The second strategy uses Parabolic SAR to identify potential momentum and trend-following entries.

Default settings:

• Step: 0.02
• Maximum: 0.20

This system operates independently from the RSI and Stochastic strategy.

Controlled Grid Management

The EA uses pending orders to capture short-term market movements while limiting the number of grid positions.

Key parameters include:

• Grid/Pending Order Delta: 3 pips
• Maximum Distance: 15 pips
• Maximum pending orders: 2 per direction per system
• Maximum potential orders: up to 8 positions

The controlled grid structure is designed to prevent unlimited order accumulation.

Dynamic Trailing Stop

Hunter Scalperr EA MT5 includes an automatic trailing stop system.

• Activation: +5 pips
• Trailing interval: 2 pips

Once a trade reaches the required profit level, the EA progressively adjusts the stop loss to help protect open profits.

Built-In Risk Protection

The EA includes several protective mechanisms:

• Margin verification
• Maximum spread control
• Automatic minimum stop-distance adjustment
• Broker-compatible lot normalization
• Trading-hour filter
• Stop-loss protection
• Configurable spread limit

Flexible Lot Configuration

The EA supports fixed lot sizing according to account capital.

Suggested configurations include:

These figures are configuration guidelines rather than guaranteed risk levels.

How Does Hunter Scalperr EA MT5 Work?

Hunter Scalperr EA MT5 combines counter-trend signals with trend-following signals through two independent trading systems.

System 1: RSI + Stochastic

The EA first evaluates RSI and Stochastic Oscillator conditions.

When the indicators reach predefined zones, the system looks for potential trading opportunities.

For example:

• RSI ≤ 40 + Stochastic ≤ 30 → potential buy setup
• RSI ≥ 60 + Stochastic ≥ 70 → potential sell setup

Pending orders can then be positioned according to the configured grid parameters.

System 2: Parabolic SAR

The second system monitors Parabolic SAR changes to identify potential momentum entries.

When the SAR indicates a possible directional change, the EA can generate a corresponding trading signal.

Grid Order Management

The EA can place pending orders at predefined distances from the current market price. The grid distance and maximum number of pending orders are controlled by the settings.

The system therefore combines:

Market Analysis → Signal Confirmation → Pending Order → Stop Loss → Trailing Stop → Automated Trade Management

This process allows the EA to operate automatically without requiring manual trade execution.

Why Choose Hunter Scalperr EA MT5?

Hunter Scalperr EA MT5 offers several features designed specifically for automated XAUUSD scalping.

Dedicated Gold Optimization

Unlike generic multi-market EAs, Hunter Scalperr EA MT5 is designed around XAUUSD trading, with its parameters adapted to the volatility of the gold market.

Two Different Signal Approaches

The combination of RSI + Stochastic and Parabolic SAR provides two different approaches to market analysis:

• RSI + Stochastic focuses on potential extreme conditions.
• Parabolic SAR focuses on directional momentum.

Controlled Grid Structure

The grid mechanism is limited by the maximum number of pending orders and maximum order distance, providing more control than an unrestricted grid strategy.

Automated Profit Protection

The dynamic trailing stop activates after a predefined profit level and adjusts the stop loss as the trade moves in the desired direction.

Multiple Protective Filters

Spread, margin, trading time, stop distance, and lot-size controls are integrated into the EA to help manage execution conditions.

Hunter Scalperr EA MT5 Backtest Results

• Initial Deposit: $1,000
• Total Net Profit: $164.561,97
• Win Rate (% of total): 81.52%
• Maximum Drawdown: 0,35%

Hunter Scalperr EA MT5 backtets

Performance and Risk Management

Hunter Scalperr EA MT5 is designed for short-term XAUUSD trading with a defined risk-management structure.

The default stop loss is 20 pips per trade, while the trailing stop activates after approximately 5 pips of profit and follows the market in 2-pip increments.

The stated target risk per trade is approximately 1%–2.5% of account capital, depending on the selected lot size and account configuration.

The system also includes a stated expected drawdown range of approximately 15%–25%, although actual drawdown can vary significantly depending on market conditions, broker execution, spread, leverage, lot size, and trading settings.

Risk Management Features

• 20-pip stop loss
• Dynamic trailing stop
• Maximum spread control
• Margin verification
• Lot normalization
• Maximum pending-order limits
• Trading-hour filter
• Automatic minimum stop-distance adjustment

For traders using this EA, conservative lot sizing and sufficient account capital are important because gold can experience rapid price movements and significant intraday volatility.

Past backtest or live performance, if available, should not be interpreted as a guarantee of future results.

Weaknesses and Risk Warnings

Although Hunter Scalperr EA MT5 includes multiple protective mechanisms, automated Gold scalping involves significant risks.

XAUUSD Volatility

Gold can move rapidly during economic announcements, geopolitical events, central-bank decisions, and major U.S. economic releases. Sudden price movements can result in slippage and losses.

Grid Exposure

Although the grid system is controlled, multiple positions can still accumulate during unfavorable market conditions. A prolonged move against the trading direction may increase floating drawdown.

Leverage Risk

The EA is designed around leverage levels of at least 1:100, with 1:200 or 1:500 suggested for margin flexibility. Higher leverage can also increase the potential impact of losses.

Broker Execution

Results may vary between brokers because of:

• Spread
• Slippage
• Execution speed
• Contract specifications
• Stop-level requirements
• Trading conditions

Fixed Lot Risk

Using larger fixed lot sizes can significantly increase account exposure. The suggested 0.40–0.50 lot configurations should not automatically be considered appropriate for every account.

News and Market Gaps

Extreme market events can cause spreads to widen and execution prices to differ from expected prices. Traders should test the EA carefully under their broker’s conditions before using it on a live account.

Important: No Expert Advisor can guarantee profits. Always perform your own testing and use appropriate risk management.

Pros and Cons

Pros

• Designed specifically for XAUUSD Gold
• Optimized for the M5 timeframe
• Dual trading-system architecture
• RSI + Stochastic confirmation
• Parabolic SAR trend-following system
• Controlled pending-order grid
• Dynamic trailing stop
• Built-in stop loss
• Maximum spread protection
• Margin verification
• Trading-hour control
• Automatic lot normalization
• Supports multiple risk configurations

Cons

• Designed exclusively for XAUUSD
• M5 scalping can be sensitive to spread and slippage
• Grid positions can increase exposure during adverse moves
• Higher lot sizes can create significant drawdown
• Gold volatility can cause rapid losses
• Results depend heavily on broker execution conditions
• Requires sufficient capital and careful configuration
• No automated trading system can eliminate market risk

How to Install Hunter Scalperr EA MT5

Installing Hunter Scalperr EA MT5 on MetaTrader 5 is straightforward.

Step 1: Open MetaTrader 5

Launch your MetaTrader 5 trading platform and log in to your trading account.

Step 2: Open the Data Folder

Go to:

File → Open Data Folder

Then navigate to:

MQL5 → Experts

Step 3: Copy the EA File

Copy the Hunter Scalperr EA MT5 file into the Experts folder.

If the EA is provided as an EX5 file, place the file directly inside the Experts directory.

Step 4: Restart MetaTrader 5

Close and reopen MetaTrader 5, or refresh the Expert Advisors section in the Navigator window.

Step 5: Find the EA

Open:

Navigator → Expert Advisors

Locate Hunter Scalperr EA MT5.

Step 6: Attach the EA to XAUUSD

Open an XAUUSD chart and select the M5 timeframe.

Drag Hunter Scalperr EA MT5 onto the chart.

Step 7: Configure the Parameters

Set the parameters according to your account size and risk tolerance.

Pay particular attention to:

• Lot Size
• Stop Loss
• Maximum Spread
• Trading Hours
• RSI Settings
• Stochastic Settings
• Parabolic SAR Settings
• Grid Distance
• Maximum Pending Orders

Step 8: Enable Automated Trading

Make sure the Algo Trading / Auto Trading function is enabled in MetaTrader 5.

It is recommended to test the EA on a demo account first before deploying it with real funds.

What’s Included in the Download Package?

• Setting (If Any).docx
• Installation Guide.docx

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Final Thoughts

In summary, Hunter Scalperr EA MT5 is an automated XAUUSD Gold scalping Expert Advisor for MetaTrader 5 that combines RSI, Stochastic Oscillator, Parabolic SAR, controlled grid entries, and dynamic trailing-stop management.

Its dual-system architecture allows the EA to approach the gold market from both reversal-oriented and momentum-oriented perspectives. At the same time, features such as stop loss, spread protection, margin verification, trading-hour filters, and controlled pending orders provide additional tools for managing automated trading risk.

However, XAUUSD M5 scalping remains a high-risk trading approach. Actual results can vary depending on account size, lot settings, leverage, broker conditions, spreads, slippage, and market volatility.

For best practice, traders should thoroughly backtest and forward-test Hunter Scalperr EA MT5 using their own broker conditions before considering live deployment. Proper position sizing and disciplined risk management remain essential when using any automated trading system.