Market / MetaTrader 4 / Utilities /

SetupMaster

49 USD

Demo downloaded: 4

Published: 25 November 2023

Current version: 1.5

SetupMaster

Utilities
Nehro Miran
Version: 1.5
Updated: 4 December 2023
Activations: 5

SetupMaster is a very powerful tool that scans the entire Financial Currency Market continuously in real time searching for potential setup opportunities in the Market. The EA uses a unique algorithm specific to this EA in combination with a set of Custom Indicators, Trendlines, Support & Resistance levels (Price Action) to identify setups.

SetupMaster is a Signal tool of potential opportunities and therefore does not take trades nor manages any trades, and therefore, it is the responsibility of the trader to take advantage of setup opportunities that the TradeMaster identifies in the whole wide currency market.

How to run the TradeMaster

You can run TradeMaster on any currency chart available and but preferably on an H4 Time Frame as we have tested the EA on that Frame and all the internal engine parameters are optimized for the H4 frame. You can just drag the product onto any currency pair and switch to the H4 time frame.
Traders are very much encouraged to download the demo version, which is an exact 100% copy of the Live version, and run their own extensive and prolonged intense tests on the quality of the signals. However, due to limitation of MT4 Tester you can only test signals produced for the currency where SetupMaster is active. This limitation is not present when you run live on MT4 and the SetupMaster produces results for the whole major currencies regardless on which one of them its actively running.

Main Features:

TradeMaster EA is a multi currency advisor covers the whole of the Currency Financial Market. The Master Engine scans Twenty one Currency Pairs searching actively for potentially high quality setups. Those 21 pairs are all the major pairs currently available in the Market
Trade setup hints are passed to trader via the Mql4 Alert window but you need to set “Alerts Allowed” in the TradeMaster Property setting to TRUE
You can also get push Alerts into your Android phone using your MetaQuote ID
Alerts typically consist of all that you need to open a trade including Take Profit and Stop Loss levels and the minimum safe Lot Size.
You can either choose to allow TradeMaster to use its powerful Algorithms and Indicator engine to propose optimized take profit and loss limits or you can take things into your hand and set your own limits using preferred own risk assessment and insight by setting number of pips distances from current price level
You can also set your preferred Risk to Reward Ratio. This applies to both Automatic Master Engine Calculation and manual pips setting
You can choose your preferred search repeat interval of the whole Financial Currency Market arena by the Master Engine. You can choose either once each minute up to once every 240 minutes

TradeMaster is the product of a team of traders who are themselves MQL programmers with years of experience in the Currency Trading Market. TradeMaster EA has undergone elaborate and extensive real live tests with proven quality trade results. We are confident that you will recognize the same trust that we have in the product immediately upon starting to use it. It is however important, that due to markets unpredictability, randomness and occasional fundamental turbulence, no EA can claim or guarantee continuous steady positive results with every trade but you will discover the power of TradeMaster overall positive performance in time.

Warning

Please be warned that any attempt to embed the executable in Dll or other forms of Trojan hosts will be immediately detected by TradeMaster causing it to malfunction leading to random and unreliable trading behavior without warning.

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Version 1.5 2023.12.04

One more bug fixed regarding international Date Time.

Version 1.4 2023.12.04

Date and Time set to local trading server.

Version 1.3 2023.11.26

Bug fixed which was displaying unnecessary information in the Alert window.

Version 1.2 2023.11.25

Due to limitation of MT4 Tester you can only test signals produced for the currency where SetupMaster is active. This limitation is dealt with in this version and the MT4 tester will only produce results of the active currency where the test is on.
This limitation is not present when you run live on MT4 and the SetupMaster produces results for the whole major 21 currencies regardless on which one of them its actively running.

Version 1.1 2023.11.25

Dealt with a bug in the code.