Hunter Scalperr (MT5) — review, price and free alternatives

In this review the performance and analysis draw on both backtests and available live-account results to quantify win rate, average trade duration, and drawdown behavior. Hunter Scalperr stands out because it integrates two complementary systems: one that uses RSI and stochastic filters to identify high-probability entry zones, and another that manages a calibrated grid to scale into favorable moves while limiting exposure.

The algorithm uses volatility-adaptive grid spacing and time-based filters to avoid high-liquidity events, which improves consistency. Hunter Scalperr places small, frequent trades and relies on objective exit logic rather than discretion. Risk management is implemented through configurable maximum simultaneous orders, equity stop limits, and dynamic position sizing tied to account balance. Expected performance characteristics emphasize a higher trade frequency with modest per-trade returns, a target win rate consistent with scalping models, and drawdown profiles that vary with grid aggressiveness. For traders on MT5, Hunter Scalperr provides clear parameters for tailoring aggressiveness, lot sizing, and allowable drawdown, making it transparent and testable on demo accounts before committing live capital.

Hunter Scalperr presents a moderate to aggressive risk profile depending on grid configuration and lot sizing. The primary stop loss strategy is equity-based limits combined with per-trade hard stops where appropriate, but much of the exposure is managed through grid scaling rather than single large stop orders. Position sizing is recommended to be conservative initially, using fixed fractional risk or micro-lots tied to a percentage of account equity. The system is vulnerable in high-volatility, trending breakout conditions where grid stacking can accumulate exposure; scheduled session filters reduce this risk. Recommended minimum live-test account is $1,000, with $5,000 or more advised for standard usage and to absorb potential drawdowns.

Install Hunter Scalperr by copying the EA file into the MT5 Experts folder and restarting the platform. Attach the EA to an M5 XAUUSD chart and enable automated trading. Configure key parameters such as starting lot size, maximum simultaneous trades, grid spacing, and equity stop limits before running. Choose a broker with low spreads on XAUUSD and reliable order execution; ECN-like accounts are recommended. Use M5 timeframe charts and enable tick data or high-quality history for backtesting. Run multi-year backtests and forward tests on demo to validate settings before moving to a funded account.