FX Hunter v9G EA is a fully automated Forex robot designed to implement a grid-based trading strategy. Operating under the principle of “buy low, sell high,” the EA opens trades based on signals from built-in indicators. However, in the highly volatile forex market, price movements don’t always follow the expected direction, which can present challenges.
How FX Hunter v9G EA Works
If the initial entry isn’t accurate, FX Hunter EA employs a well-thought-out martingale strategy to manage open positions. Trades are grouped into baskets, and once the overall target (take-profit level) is reached, the basket is closed. This approach ensures that even if the market moves unfavorably at first, the EA adjusts by opening new trades to improve the average entry price. 
Unlike scalping or short-term strategies, FX Hunter v9G EA does not rely on quick trades. Instead, it adds trades to a basket by opening market orders, and sometimes uses Buy-Stop/Sell-Stop orders to account for price gaps. By utilizing advanced techniques, it maintains nearly perfect grid geometry in different market conditions, despite slippage or increased spreads.
The EA places multiple orders in the same direction, varying their sizes. These collections of orders are known as baskets, with each individual trade being referred to as a “level.” FX Hunter EA combines both martingale and hedging methods, which can lead to high returns on investment (ROI) but also carries significant risk. Without a sufficient deposit, there is a high probability of account loss. Monthly profits depend heavily on the lot size and risk level chosen.
FX Hunter v9G EA also includes several risk management features that allow traders to customize their approach and protect their account based on personal preferences.
Important Considerations
While this strategy can be highly profitable, account blowouts are inevitable over time due to the martingale approach. However, by regularly withdrawing profits, traders can mitigate the risk. Once the initial investment is recouped, the remaining trades carry much less risk and can become very profitable.
Recommendations for Using FX Hunter v9G EA
Minimum Account Balance:
- Safe Mode: $5,000 (or $50 for cent accounts)
- Normal Mode: $3,000 (or $30 for cent accounts)
- Aggressive Mode: $2,000 (or $20 for cent accounts)
Best Currency Pairs: Works best on EURUSD and GBPUSD, but can be used on any currency pair.
Best Timeframe: M5, though it can be applied to any timeframe.
Volatile Markets: Be cautious of news events and consider closing trades in highly volatile markets.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Account Type: Works on any account type, but a broker offering cent accounts is highly recommended.
