MachinePRO

Money Machine 7.99

Money Machine 7 is an automated trading tool designed for the MetaTrader 5 platform. This expert advisor focuses on trading the XAUUSD (Gold) symbol through an implementation of Smart Money Concepts (SMC) and an adaptive grid system.

Main Strategy Features
  • Smart Money Concepts (SMC): The system is designed to identify market structures, including Break of Structure (BOS) and Change of Character (CHoCH). It attempts to detect supply and demand zones based on Order Blocks and Fair Value Gaps.
Dynamic Execution Modes
  • Institutional Sweep Mode: This mode focuses on liquidity hunts. It identifies price points where previous highs or lows have been exceeded slightly to trigger liquidity before detecting a reversal based on Order Block presence. This is prioritized for precision and high-probability entries.
  • Structure Breakout Mode: This mode focuses on confirmed market structure shifts. It monitors consolidation ranges and executes trades when a significant breakout is identified. It uses volume and Relative Strength Index (RSI) filters to confirm the strength of the move.
  • Hybrid SMC Mode: This mode integrates both liquidity sweeps and structure breakthroughs. It prioritizes liquidity hunts but will also execute trades based on Fair Value Gap (FVG) fills or structure breakouts if the market does not provide a clear sweep signal. This mode is designed for adaptability across different market conditions.
Automation & Grid Features
  • Adaptive Grid Logic: The tool implements a grid system where the distance between orders is calculated using the Average Daily Range (ADR). This allows the grid to adjust to current market volatility.
  • Stealth Mode: The program includes functionality to use virtual Stop Loss and Take Profit levels. This means the exit levels are managed within the program and are not sent to the broker server.
  • Visual Dashboard: The on-chart panel provides information about account equity, current drawdown, and daily trading results for monitoring purposes.
Risk Management Features
  • News Filter: The advisor includes an option to suspend trading operations during high-impact economic news events.
  • Recovery Logic: A partial overlap system is used to assist in managing open positions by using profits from new trades to close older positions.
  • Drawdown Protection: Users can define specific equity protection levels to manage risk exposure.
Recommendations for Use
  • Symbol: XAUUSD is the primary symbol used for logical optimization.
  • Timeframe: M1, M5, or M15 depending on the user's preference for trading frequency.
  • Account Type: ECN accounts with low spreads and minimal commissions are recommended for this type of strategy.
  • VPS: Continuous operation is recommended for the correct functioning of the internal monitoring and stealth features.
Setup Instructions

Users can adjust parameters for strategy modes, grid intensity, and risk management filters. Default settings are provided, but should be reviewed based on the account size and individual risk tolerance.

Note: Trading involves significant risk. This expert advisor is a tool for automation and does not guarantee future results. It is recommended to perform tests on a demo account before using it on a live account.

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