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Name: Fer Scalphunter MT5
Version: Latest Version
Developer by: Fernando David Costa
The Right Platform: Meta Trader 5 (MT5)
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With over 20 years of trading experience, I can say that Fer Scalphunter MT5 is an Expert Advisor (EA) built on a scalping strategy combined with grid and martingale logic, running continuously 24/5 in favor of the trend. It uses two Moving Averages to determine the main market direction. If the price turns against the trade, the EA automatically activates a grid and martingale system to average down and wait for the trend to return, closing all positions in profit.
This approach offers strong trend-capturing capabilities, while also carrying risks if not properly managed. Fer Scalphunter addresses this with robust risk management tools, making it suitable for both individual traders and funding accounts (prop firms).
Trend-Following with Grid/Martingale
Constantly opens trades in the direction of the trend.
If the market reverses, it adds grid and martingale trades to balance exposure until recovery.
Optimized for XAUUSD on M5
Specially optimized for gold, but can be adapted to other symbols with parameter adjustments.
Smart Lot Sizing and Capital Management
Fixed lot option for stable risk.
Dynamic lot option that scales position size as account balance grows.
Advanced Risk Control
Take Profit, Stop Loss, Trailing Stop to lock in gains and protect equity.
Maximum open trades limit to prevent excessive grid exposure.
Customizable grid distance and martingale multiplier for flexible scaling.
Maximum Daily Drawdown Limit — the bot stops trading when daily loss is reached, a critical feature for prop firm phases.
Advanced Customization
News filter to avoid high-volatility events.
Trading time filter to skip risky hours.
Profit target in % relative to account balance.
Recommended Starting Balances
$500 on a Cent account.
$5,000 on a Standard account.
$50,000 on Funding/Prop accounts.
Trend-based Profitability: Designed to capture the strong price swings of gold (XAUUSD).
Reduced Risk of Account Blow-Up: Built-in grid and martingale controls with daily drawdown protection.
Funding Account Friendly: The Daily Drawdown Limit and percentage-based profit target make it ideal for passing and maintaining prop firm challenges.
Adaptable to All Traders: Scales from small Cent accounts to professional prop trading environments.
Fully Automated: Handles everything from entries and position management to risk control, freeing traders from screen-watching.
The Fer Scalphunter EA demonstrates consistent profitability and disciplined execution, reflecting its ability to combine aggressive trade frequency with strong risk management. In this backtest, starting from an initial deposit of $10,000, the EA achieved steady growth, proving its effectiveness as a scalping system optimized for XAUUSD.
The Fer Scalphunter EA demonstrates consistent growth and disciplined performance, reflecting a strategy that blends profitability with structured risk control. In this backtest, starting from an initial deposit of $10,000, the EA generated over $68,000 in net profit, while maintaining high accuracy across thousands of trades.
The Fer Scalphunter EA demonstrates consistent profitability with disciplined execution, showing its ability to generate returns over a large number of trades while keeping drawdowns within controlled levels. In this backtest, starting from an initial deposit of $10,000, the EA achieved strong net profits and maintained a stable win rate above 86%, confirming its reliability as a scalping system for XAUUSD.
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | M5 |
Currency pairs | XAUUSD |
Min / Recommended deposit | $500 with a CENT account $5,000 with a STANDARD account $50,000 for FUNDING ACCOUNTS |
Min / Recommended leverage | Any |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗