FX Hunter Wealth Review

FX Hunter Wealth was introduced as the service that insists that “Victory is Possible for Everyone.” The service is based on signal-providing. The presentation lacks various required information to make a smart decision about buying the signals.

Detailed Forex Robot Review

There’s Dave FX Hunter, who created this service. It works as a fund manager and trades on PAMM-accounts providing profits and taking his commission.

There are many features that were systemized in the next list:

• The signal frequency is 15 signals monthly.
• The signals are for swing trades.
• Take Profit for each signal is set at 100 pips.
• They are delivered with Entry Price, Stop Loss, and Take Profit levels.
• The system provides updates for open trades.
• It works with low risks.
• We can receive advice about Lot Size based on the account balance.
• An average monthly profit expectation is approximately 5%.
• We have to set a 1% risk to the account balance for each trade.
• The system was designed based on following the banks’ moves on the market.

• Dave analyzed previous trading data from banks to fund future trade opportunities.

• The system works with the market at several charts at the same time.

• Dave recommends IC Markets as the best broker house to trade through.

FX Hunter Wealth Strategy Tests

There’s a no-name strategy based on some banks’ past activities. There are no backtest reports provided so we can not check whether the strategy is well-shaped. Absence of backtest reports is a huge disadvantage as we cannot analyze how the system worked on the past data and what results we can achieve with it.

Real Account Trading Results

It’s a real USD account of FX Hunter Wealth Fund on IC Markets. There is a mixed type of trading: manual and automatic. The robot runs on MT4, where it gets technical indicators. The leverage is 1:500. The account has a verified track record. It was created on February 03, 2020. It was funded in $553k and withdrawn on $364k in total. The absolute gain has become +40.09%. An average monthly gain is 2.81%. The maximum drawdown is 10.74%. The account is tracked by 22 investors.

The system trades with big drawdown periods.

The robot closed 2005 deals with -896.5 pips. An average win (60.11 pips) is twice fewer than an average loss (-118.70 pips). The win-rate is 63% for Longs and 68% for Shorts. An average trade length is almost a day. The Profit Factor is 1.25.

It works with all available in the terminal financial instruments.

The robot focuses on trading during the European trading hours.

The most-traded day is Thursday – 557 deals.

The account is run with acceptable risks to the account balance. There’s a 2.86% chance of losing 10% of the account.

As we can see from trading results, the system uses aggressive Martingale. 

This year has started with a profitable January.

Pricing

• To get signals, we have to write Dev in Telegram and tell him what price we chose. (?)  It’s awkward because the offer must look like the offer – press the proceed button to pay. Contacting the vendor for asking for paying is out of place. 

• There’s a high-risk FX Hunter connected to MQL5.
• We can buy signals from it for $50.

Customer Reviews

There’s a profile on Forex Peace Army with 57 reviews and a 4.912 rate in total.

There are many positive comments from clients, but we can’t check if they are real.