Profit Hunter Indicator V1 MT4 – Smart, Clean Signals That Don’t Get in Your Way


Sick of noisy indicators that fire signals every five seconds and then vanish when you refresh the chart? Same. Profit Hunter Indicator V1 MT4 keeps things simple and honest—clean entries, low-noise alerts, and practical filters that you can actually trade. The best bit: it’s 100% free to download on ForexFactory.cc, powered by YoForex. No monthly fees, no “trial ends in 7 days” drama; just plug it into MetaTrader 4 and get on with your plan.


If you’ve been hunting for an MT4 indicator that doesn’t repaint, works across majors and gold, and plays nicely with your current risk rules, this one hits the mark. We built it for real-world use—trend continuation and well-timed reversals—coz in live markets you need a tool that spots momentum early but doesn’t freak out during chop. Profit Hunter Indicator V1 MT4 was designed, optimized, and live-tested by the YoForex team, and we’ve kept the interface super lightweight so you don’t need a monster VPS just to run an indicator.


Download Profit Hunter Indicator V1 MT4 on ForexFactory.cc
Browse more in our Indicator section and check the Newest EAs while you’re there.


Profit Hunter Indicator V1 MT4


Overview


Profit Hunter Indicator V1 MT4 is a signal and confirmation toolkit for MetaTrader 4. It blends a directional bias filter with structure-aware timing, so entries aren’t random arrows—they’re formed when momentum agrees with context. In plain speak: you get fewer, cleaner trade ideas. The core logic leans on three pillars:



  1. Market Bias: A smooth directional baseline that adapts to volatility.

  2. Momentum Trigger: A push-pull assessment that tries to catch early legs but avoids late chases.

  3. Multi-Timeframe (MTF) Filter: Optional confirmation from a higher timeframe (e.g., trigger on M15 while H1 trend is aligned).


It’s built for EURUSD, GBPUSD, USDJPY, and XAUUSD (Gold), tho it also behaves well on other liquid majors. For timeframes, M15–H1 is the sweet spot for intraday and swing; scalpers can drop to M5 if spreads and execution are tight. The indicator doesn’t place trades by itself (it’s not an EA), but it’s designed to be paired with a straightforward SL/TP plan—think 1:1 or 1:1.5 R:R with a trailing stop when the trend is cooking.


Because it’s YoForex-powered, we’ve back-tested the signal logic and then verified on forward/live charts. You’ll find that signal clustering is reduced in sideways markets, and alerts stay steady without repaint gimmicks. If you already use support-resistance, order blocks, or pivot zones, Profit Hunter Indicator V1 MT4 plugs right in as your go/no-go light.


Key Features


• Non-repaint core signals (no vanishing arrows after refresh)
• Multi-timeframe confirmation (e.g., trigger on M15 with H1 bias)
• Works on majors + gold (EURUSD, GBPUSD, USDJPY, XAUUSD)
• Clean alerts (popup, sound, push notifications)
• Trend + reversal modes (switchable in inputs)
• Noise control via adaptive volatility filter
• Scalp or swing: solid on M5/M15 for scalps; H1/H4 for swings
• Minimal CPU footprint (lightweight calculations)
• Beginner-friendly labels and buffers
• Customizable colors/alerts to match your template
• No martingale, grid, or hidden tricks (it’s an indicator, not an EA)
• YoForex-verified logic with forward tracking


Backtest Proof & Live Performance (What We Looked At)


Indicators aren’t traded by themselves, so our evaluation focuses on signal quality rather than account PnL. The YoForex team assessed Profit Hunter Indicator V1 MT4 on EURUSD, GBPUSD, USDJPY, and XAUUSD across M15 and H1 from multi-year data. We examined:



  • Trend continuation capture: Did signals fire near early momentum, not after exhaustion?

  • False-signal control: How the volatility filter cut whipsaws during tight ranges.

  • MTF alignment benefit: Triggering entries only when higher timeframe bias agreed.

  • MFE/MAE behavior: Favorable move after entry vs. heat taken, to guide SL/TP choices.


On forward/live charts, we tracked two simple playbooks:



  1. Conservative: 1:1 R:R with break-even at +0.7R when MTF agrees.

  2. Progressive: 1:1.5 R:R with a soft trailing stop on strong momentum bars.


In both, MTF confirmation trimmed noise substantially, especially on gold. Results varied by pair and session (as expected), but the equity curves were smoother when users avoided news spikes and stuck to liquid sessions like London/NY overlap.


Installation & Setup (MT4)



  1. Download the file from ForexFactory.cc and save it.

  2. In MT4, go to File → Open Data Folder.

  3. Open MQL4 → Indicators and paste the .ex4/.mq4 file.

  4. Restart MT4 (or right-click Indicators → Refresh).

  5. In Navigator → Indicators, drag Profit Hunter Indicator V1 MT4 onto your chart.

  6. In Inputs, set your style:



  • Mode: Trend or Reversal

  • MTF_Confirm: true (e.g., M15 entries with H1 filter)

  • Alert_Settings: enable your preferred alerts

  • VolatilityFilter: start default; tweak only if your broker spreads are wide


    7. Save your template so it loads with your chart set.


Best Pairs & Timeframes (Quick Guide)



  • Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD (Gold).

  • Timeframes: M5 for fast scalps (low spread/fast execution needed), M15–H1 for intraday and light swing, H4 for position entries with fewer signals.


Tip: if spreads are wider (some brokers at off-hours), nudge VolatilityFilter slightly up and focus on London/NY sessions.


Profit Hunter Indicator V1 MT4


Why Choose YoForex-Powered Tools?


Because we build for practical trading—not screenshots. The Profit Hunter Indicator V1 MT4 is part of our free tool stack on ForexFactory.cc. You get:



  • Free lifetime updates (when we tighten filters or improve alerts, you get it)

  • Ongoing optimizations based on community feedback

  • Transparent performance notes and real-chart examples


Read more about us on ForexFactory.cc’s About/YoForex pages and peek at the User reviews to see how others are using the suite.


Support & Disclaimer


Got issues or want the “best-practice” input set for your broker?



We’ll help you pick sensible SL/TP rules for your pair/timeframe and share tips on session filtering. Disclaimer: Trading involves risk. This indicator provides signals, not guarantees. Past performance isn’t a guarantee of future results—always demo-test before going live, and only risk what you can afford to lose.


Call to Action


Ready to clean up your chart and cut the noise? Download Profit Hunter Indicator V1 MT4 on ForexFactory.cc—completely free, no strings attached. If you want our recommended presets for EURUSD or gold, ping us on WhatsApp or hop into the Telegram group and we’ll share the exact profile we use. Let’s get you trading with clarity.


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Happy Trading