Money Printing Machine MT4
the Selling Price of this EA will increase by 10% once 10 units are sold. Get Yours Now!
True to its name... the Money Printing Machine (MPM) EA will make money in Uptrend, Downtrend, Ranging markets.
The High-frequency trading algorithm will even allow for profiteering from forex rebates brokers i.e. RebateKingFX, PayBackFX, CashBackForex etc.
Prices move in money markets and MPM is designed to capture and profit from these movements.
MPM does not rely on indicators, do not use toxic strategies like Martingale, Hedging or Grids to gain a profitable advantage. MPM is designed to stay out of dormant markets to in order not to be caught in a devastating account margin drawdown.
MPM works by placing 2 pending orders with an offset from the current price. Pending orders refresh rate can also be set in order to stay updated with price movements and avoid false breakouts.
When there is a sudden surge in price, MPM will capture the breakout and delete the other pending order. As price continues to surge, trail stop function will kick in once the designated profit range is reached resulting in a profitable trade even if price reverses. When the price is ranging and the trade is dangling, MPM algorithm will resume placing 2 pending orders in order to capture the next rapid price change. The total number of trades that can be opened can also be set in order to better manage risk.
On top of the above-Designed Mechanics, and depending on the investor's risk appetite, the following parameters can be controlled and customized for use in other trading scenarios i.e. New Events etc:
1. Time (When to start and when to end)
2. Money Management (How much to risk in %)
3. Gap from Current Price (How far from the current price to set Stop Orders)
4. Lookback for Highest High and Lowest Low (Recent historical highs and lows in order to use as Buys and Sells Stop Orders)
5. Reverse Trades (Invert Buys to Sells)
6. Overall Account Protection (All trades to be closed when losses reach this percentage)
7. Option to Resume Trading (To restart this EA or not after Overall Account Protection is Triggered)
8. Spread Control (Pending Orders are removed when broker spreads are beyond specified levels)
9. Continually Open Orders (Ability to Keep Opening Pending orders after earlier orders are triggered with a setting on the total amount of orders)
10. Pause Duration Before Opening New Pending Orders (Ability to Set Pause Duration before Opening New Orders in order to prevent the over-saturation of orders at any particular price point)
The default setting is applicable for most if not all currency pairs.
Recommended Trading Pairs
GBPAUD, XAUUSD (Gold), GBPJPY, AUDJPY; M1, M5 Charts.
Fast ECN Broker with no restrictions on hyperactive trading algorithms or robots.
Tight spreads of less than 60 points.
As this is a very old account; please refer to trading history from 27 Aug 2020 onwards.
Backtest results does not guarantee future performances. Traders/Investors need to exercise due care in money and risk management.
As this EA is active down to the seconds, backtest data may not be detail enough to factor in the difference in seconds. Hence, it is more prudent to run the test on a demo account first.
Official Telegram Channel for this EA is below:
Do message me for the set files after you have purchased it.
Live Trading Account Performance can be found at the link below:
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My Dear Valuable Customers, 1 In fact, he is 80% successful. But there is a small flaw in the reason why the trap trading process cannot be recognized. I tried so hard to fix it but to no avail. I give you this for the lowest price available on this site. Give me an idea if you can fix this bug. 1.Trading rule. start ea london session opening 45min after 2. SET FILE LINK https://cutt.ly/Yf3STlJ comment tab post #11 3.basket sl 100 basket tp 100/150/200 4. Rented people pls inbox ma
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Description This expert advisor uses with a Super Scalping Technique Strategy . Can be used with limited capital and minimum capital of 100 USD with 1:500 Leverage , it is Recommended by using 200 USD capital Leverage 1:500 , or more. Use on brokers with tickcharts and data on a must M1 Time Frame on chart, it is Recommended by using pair GBPUSD on M1 Time Frame . Use on brokers with Spreads of less than 30 points . Use the settings contained in the colomn tab scr
email: email@example.com telegram groups: @lleonea telegram for pm: @leontolstoy Default settings: EURUSD M5 Alexis Stenvall investment (ASi) - this is a investment automated software designed to make a profit on currency fluctuations. The architecture of ASi makes it a fully automatic Autonomous robot expert capable of independently analyzing the market and making trading decisions. Calm and long-term strategy that uses the fixation of losses, there can be bo
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Strategy is very simple and low risk (DD is about 3% in last 9 years on backtest). It is based on the author's trade system that uses candlestick analyzes. Buying or Selling on reaction Orders are closed by stop loss and take profit or by some special signals USDJPY ONLY Use the EA on the M15 chart TP=100 pips SL=90 pips The Expert Advisor doesn't use martingale Trade time is short (mostly ~24h) I use this EA on Live too. Backtest uses data of FXDD http://cn.fxdd.com/mt/cn/forex-resources/forex
Strategy is based on candlestick analyzes and my experience of several years. Check the report of back-test for the past few years to see the performance. This EA not only close orders by stop loss and take profit, but also make the perfect adjustment rapidly in a short period in adverse circumstance. It is Free! Buying or Selling on dips Orders are closed by stop loss and take profit or by some special signals(For example, sometimes it close the position by golden ratio) It works with USDJPY M1
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Trend Trader (TT) was developed as a solid, robust, flexible and fully automated trend strategy EA trader with build-in money -, risk - and trade management. In short, TT allows you to pick a long and short timeframe. It will then use any combination of 12x Trend indicators on the long timeframe and 13x Signal indicators on the short timeframe to determine if conditions are good for trading. Which of the 12 and 13 indicator sets you use and in which combination is completely up to you. On top of
This Expert Advisor is based purely on Price Action. This system does not use indicators, martingales or hedge management. It is based only on price action and is not stuffed with a lot of filters. The EA does not need any kind of hard setup and is ready to work with multiple symbols and H4 timeframes. The EA work and backtest results are available for the period January 15, 2010 up to present. Features Used for 5-digit MetaTrader 4. Great results for 2 pairs (EURUSD H4, GBPUSD H4). It is also
About the System: Reward for Effort is an automatic trending system based on proprietary methods of trend identification simultaneously on 5 timeframes: M1, M5, M15, H4, D1. Reward for Effort is provided by the proprietary 15 speed dynamic trailing stop mechanism, which is able to give control to the adjustable Parabolic SAR indicator, which receives data from the active working time frame D1. Primarily, the first order is modified only then the control is passed on Parabolic SAR. If Parabolic S
TradeLevel21 Robotized trading system with adaptive logic. Uses support/resistance levels calculated on the basis of the price and mathematical algorithms. Trend-following and counter-trend strategies, short-term and medium-term positions. Fully automated trading on EUR/USD, the best timeframe is М5, can work on М1, М5, М15, М30, Н1. TradeLevel21 cannot be launched on other instruments and periods. Trading part includes five different independent positions (2 buy positions and 3 sell positions)
Without volatility, trading the financial market is close to impossible. Profit is made ONLY when price is moving. The ERXGen (Early Riser Next Generation) Breakout System is a short-term trading technique built around the phenomenon that there are certain times of the trading day when price volatility has the tendency to be high. Following the release of very popular indicator - ERXGen Filter, being used by hundreds of traders this is an automated trading system giving traders even more benefit
Remember to use the settings file issued in Comment #9 in the comments section for testing and actual use.
Depending on whether your Broker will hunt for your StopLosses or cause high slippages or not, users may want to turn off the Break Even Function.
Major overhaul of order entry methods, added option to use hidden Stop Orders instead of Stop Orders which will vastly reduce broker's server load and EA hyperactivity.
Addition of Stop Orders indicators in Chart with colour selection option.
Addition of hidden StopLoss & TakeProfit Settings to prevent broker StopLoss hunting.
Addition of Trade Comments.
Addition of Further Offset on top of the Gap from Current Price (in Points).
Updated default values.