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Money Printing Machine MT4

Important Note:

the Selling Price of this EA will increase by 10% once 10 units are sold. Get Yours Now!


Introduction
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.

Designed Mechanics
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.

Requirements:
Fast ECN Broker with no restrictions on hyperactive trading algorithms or robots.
Tight spreads of less than 60 points.


Disclaimer:
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.




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The issued expert advisor(IDM) is a result of several years of forex trading research  practice on thousands of strategies, multiple indicators of forecasting, aimed at creating the beauty of online trading perfection, By combining several strategies and algorithms in our expert advisors at changing each tick price, with the utmost precision and lightening speed. what ever you need as a trader the robot gives it in a fraction of seconds. we employ the best technical analysis to produce the b
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GK FactSolutions
GK FactSolutions
Kelve Flany Espirito Santo Guadalupe
GK- FactSolutoins is a fully automatic Expert Advisor. This Expert Advisor is based on volume strategy with very tight stop loss, Lot increase and HFT (high frequency trading) algorithm, but it’s so sensitive, it’s 100% automatic in fact presents highly customizable. The expert advisor is able to get a very high-rate of winning trades with Low Drawdown and is capable to scalp  with every different situation. GK- FactSolutoins use: – A small Stop loss for every trade  ( maximum 1 PIP ) – Low D
7 000 USD
Forex Ak47
Forex Ak47
Paschal Uchenna Ugwu
The issued expert advisor(FXAK47) is a result of several years of forex trading research  practice on thousands of strategies, multiple indicators of forecasting, aimed at creating the beauty of online trading perfection, By combining several strategies and algorithms in our expert advisors at changing each tick price, with the utmost precision and lightening speed. what ever you need as a trader the robot gives it in a fraction of seconds. we employ the best technical analysis to produce the be
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Banking FX
Banking FX
Alexey Gudima
A multicurrency Expert Advisor trading a balanced portfolio consisting of nine currency pairs. Trading Strategy The strategy is based on a trend following principle. It joins the medium-term trend during completion of the rollback. A trading position for each instrument is formed gradually - it may consist of several trades in the same direction. All deals are protected by stop loss orders. Profit is locked in by take profit orders. The EA trades around the clock, five days a week. The volume
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HLC Light
HLC Light
Dmitiry Ananiev
This is an adaptive channel scalper using Donchian channel with dynamically changed period. The Expert Advisor works well with traditionally flat pairs: AUDNZD, EURCHF, EURGBP, AUDCAD, etc.  Trading by time is provided in the Expert Advisor's settings. For example, you can trade only during Asian and American sessions. The product contains protection against an increased spread, which can expand during a rollover and news releases.  Also, there is a protection against reducing the leverage on Fr
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Fall In Love Forex Robot
Fall In Love Forex Robot
Yi Chen
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
30 000 USD
Free Black Courser Forex Robot
Free Black Courser Forex Robot
Yi Chen
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
30 000 USD
Free My Big Day Forex Robot
Free My Big Day Forex Robot
Yi Chen
Strategy is very simple, low risk and high profit in last 16 years on back-test. It is based on candlestick analyzes. Buying or Selling on dips Orders are closed by stop loss and take profit or by some special signals It works with USDJPY M15 The EA works both with four and five decimal places TP=100 pips SL=90 pips This EA doesn't use martingale and only one Position will be taken at one time. Trade time is short (mostly ~24h) Parameters OpenDay - The EA will start trading from this day. 0=su
30 000 USD
Double Bit Binary Robot GK
Double Bit Binary Robot GK
Vitaliy Kuzin
The EA is developed for binary options trading using signals of the Double Bit Signals indicator. The main trading principle of the EA involves bouncing from channel levels and several types of filtering Expert Advisor Settings Trading - trading setting. MagicNumber - orders' ID. Allows several robots to trade on one account simultaneously. Slippage (points) - maximum allowed price slippage. Measured in points. 100 by default (correction is not required). Number of attempts to open an order - nu
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SciBit Trend Trader
SciBit Trend Trader
SciBit
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
2 999 USD
Nice Forex Pro
Nice Forex Pro
Phong Vu
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
2 500 USD
Reward for Effort
Reward for Effort
Aleksandr Karvas
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
3 500 USD
TradeLevel21 Gold
TradeLevel21 Gold
Oleg Karoza
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)
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ERXGen BreakOut MultiCurrency Trader
ERXGen BreakOut MultiCurrency Trader
Chima Nwokoro
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
2 499 USD
El Awamy Smart EA
El Awamy Smart EA
Eslam Heliel
El Awamy Smart EA is based on Elawamy Smart indicator with some new improvements to get the best result with minimum risk. Also, it can detect the trend from the beginning and avoid sideway market. You can start with balance of (100) USD and (0.01) lots Smart entry and smart exit Best result on M15 timeframe Stop loss is 20 pips and take profit is 20 pips Time filter, trailing stop and step, breakeven Parameters Lot - initial lot StopLoss - stop loss in pips TakeProfit - take profit in pips Cl
2 000 USD
XPRainbow
XPRainbow
Duong Tran
Use on M1 only for best result. Recommended pairs: EURUSD, GBPUSD, AUDUSD . Run at the same time. Min deposit is $100 for leverage 1:500 with lot size 0.1 (without risk) . Smaller leverage requires mini lot size of 0.01 or lager deposit for bigger lot size. Recommended to use on low spread broker. Please backtest or use a demo account before using in real. This very easy EA uses Rainbow MA to scalping. No martingale, no grid trading, no arbitrage Stops are tight Live account screenshots Paramete
2 500 USD
FundamentalEA
FundamentalEA
Hakan Sari
This is not Straddle News Trading, Hedge, Grid, Indicator. The EA does fundamental analysis of pairs and opens orders. This EA works with economic calendar events. It opens order according to meaning of news when news was announced. The EA analyzes news events at the time, selects profitable news from them and opens order according to meaning of news I have been trading for 6 years and I have tried almost all strategies in forex. I could not find any profitable system until end. Do you know why
2 150 USD
Gamma Distribution
Gamma Distribution
Yousufkhodja Sultonov
The EA is based on and fully complies with principles described in the article https://www.mql5.com/en/articles/250 , which are put into action in the indicator https://www.mql5.com/ru/code/10339 (in Russian). The EA opens and closes orders according to signals of the stated indicator on any time frame (TF) and gains advantage due to forecasting features of the indicator. Medium-term trading: from intraday trading to trading within several months. Tested on EURUSD. A corresponding trading positi
1 500 USD
BBE
BBE
Duong Tran
The Expert Advisor works on D1 (Daily chart) and any symbol. Min deposit is $100 for the leverage 1:500. The default settings are specified for EURUSD D1. Find the best settings for other symbols. Please backtest the EA or use it on a demo account before launching on a real one. Strategy No indicators, no martingale, no grid trading, no arbitrage. Stops are tight. Settings MagicNumber = 24011988 - EA magic Takeprofit = 200.0 - take profit in points Stoploss = 100.0 - stop loss in points Trai
2 500 USD
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Reply from developer Caroline Huang 2020.12.17 04:26
Then this must be your broker scamming your account.
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Reply to review
Version 1.2 2020.09.17
Rectification of coding issues on Lot Sizing.

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.
Version 1.1 2020.09.13
Version 1.1
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.