Home Forex Service Review HFT Profit Scalper EA Review

HFT Profit Scalper EA Review

2516
0

HTF Profit Scaler can be found within the MQL5 marketplace and is under the sub-category of Experts, it was first uploaded to the marketplace on the 4th of March 2020 by its creator Yevhenii Mavletbaiev. It has received a few updates, the most recent update was on the 7th of April 2020 and it is currently at version 1.3.

Overview

HFT Profit Scalper is an expert advisor that was developed for use with the MetaTrader 4 platform, it was developed as an algorithmic trading EA, the EA uses a high-frequency scalping system for its trades. It will analyze the markets and trade on the pullbacks in the price, it will run 24/7 and will trade micro price deviations from the chose range, the range is calculated with the use of the average price over a certain period of time.

The EA works with multiple different currency pairs, the standard settings that come with the EA have been optimized for use with the EURJPY, USDJPOY, and GBPUSD currency pairs and on the M5 timeframe, it is also recommended that you use it with a VPS due to its 24 hours a day running needs.

The EA does not use any of the more risky strategies such as martingale or grids, it has a fixed stop loss which can be altered and it will automatically reinvest any earned profits for further trading needs, the EA is fully automated and should not need any manual interventions once it has been set up. The EA does come with some added parameters that can be altered, however, the description of the Ea does not state what these are so we are unfortunately not able to comment on them at this time.

Service Cost

The EA can be purchased with a one-off payment of $60, this is a single purchase that allows you to activate the EA up to 10 times, there are no further limitations attached to it. Unlike many of the EAs on the MQL5 marketplace, the developer has not given you the opportunity to rent this EA, so purchasing it is the only option.

A free demo version can be downloaded, however, it can only be sued with the strategy tester within the MT4 platform and it cannot be tested on a live account.

Conclusion

At the time of writing, there were no reviews or ratings from those that have purchased the EA, this makes it hard to know whether people are finding it useful and profitable or what the overall consensus is. There are a number of different comments, the majority of them are in Russian, google translate showed us that the majority of them were talking about features that were not working properly, the good news is that the developer of the Ea was very quick to respond to them with a solution which shows a good level of customer support and this is a very promising sign as to the sort of support you would receive should you decide to make a purchase of the EA.

This Forex Indicator is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/46937

LEAVE A REPLY

Please enter your comment!
Please enter your name here