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Monster EA X Gold MT5

699 USD

Demo downloaded: 176

Published: 6 June 2022

Current version: 1.7

Monster EA X Gold MT5

Experts
Abhimanyu Hans
Version: 1.7
Updated: 1 May 2023
Activations: 10

NEXT PRICE : $799

Monster EA X Gold is a GOLD trading expert advisor based on a strong scalping strategy in the night when the market volume is low combined with a strong trade management and execution system.

Trading Strategy

Monster EA X Gold trades only on GOLD using only pending orders. It starts putting pending orders on specific times with proper Stop Loss and Hidden Profit Booking mechanism when the scalping strategy probability is the highest, it uses combination of linked numbers and settings combined together to create a highly probable entry points which in return carry forward by the expert in the form of pending orders.

The Expert Advisor works on M5 or 5 minute time frame only, do not use this EA on any other time frame otherwise you will not get the best performance, also this EA has been extremely optimized based on 5Min timeframe only.

This Expert Advisor is highly reliable and have been highly optimized considering trading on a real account using MT5 (real ticks based on real data) to get the most real results of the market, also this EA has been optimized specifically on GOLD pair to get the best outcome.

It does not use any kind of dangerous strategies like Martingale, Grid etc. which makes this Expert Advisor extremely safe to use. But also, this expert advisor is extremely profitable but on the other hand DD can raise upto 5-30% depending upon the settings you will use, DD can be lowered down by decreasing the lot size.

Also, with the increase or decrease in balance this EA will auto adjust the lot size by considering the balance of the account which makes this easy very user friendly and easy to use

Important Links

Important Points

Do not forget to use set files for back testing or for trading (most important)
Look at the screenshots carefully for proper guidance
Four types of Set Files are provided, select the one according to your need
Adjust the MM_PositionSizing to get the desired lot size (increase of MM_PositionSizing will decrease the lot size and decrease of MM_PositionSizing will increase the lot size)
To keep the account safe do not set MM_PositionSizing below 3000 otherwise risk will be very high and to keep the drawdown low use MM_PositionSizing above 5000
Incase of any doubts or queries contact me

Important Note

Being an advanced and experienced trader we know that the market changes after every 4-5 months, so we always optimize and updates our EAs according to the latest market conditions which makes our EAs most profitable and most reliable which in return provided us consistent monthly growth. Also we advice whenever you will try to backtest the EA, do not backtest on a larger history because market changes after every 4-5 months, so always backtest EAs on 4-5 months history data only using MT5 strategy tester only because that will provide you 100% history quality and real market results.

Recommended Brokers

Tickmill.Com : Pro Account
ICMarkets : Raw Spread Account

Non Recommended Broker

Exness.com

We recommend you to use lowest spread brokers to use this EA also hedging should be allowed on the broker.

Author

I have an experience of more than 10 years in forex and gold trading, I started my career as a trader and now developing Expert Advisors to make trading process and trading fully automated as I believe "if you can't make money while you sleep, you have to work for your whole life"

more...

1756

WiWaWi 2022.12.12 01:12 #

Lost today, 5 trades placed and all lost, not very profitable. 12/12 has neutralized all previous gains of this latest version, 1 month with latest version minimal loss.

I would have wished, if the orders on Friday were profitable overall, to complete them. Then everything would have been OK. But going into the weekend with 5 orders is quite risky.

I too would like a live signal.

It's annoying that news from the Martini EA is constantly coming on all Telegram channels. There is currently not much positive news from other EAs.

06.02.2023: Runs better now. Now needed a lot of time to recover the losses from 12.12.2022 to forget again.

10.04.2023: Default-Setting: Not trading on Friday

16.05.2023: From V1.4 I have all 4 latest versions running in parallel, each has something for itself. Before the midnight break, if sufficiently in profit, try to close this order manually if the EA doesn't do it by itself.

V1.6 doesn't trade that often, only has profits so far.

I can't say so much about the current V1.7, this is still too short. On 03.05. only this current version V1.7 had a hard time, all other versions did not trade on this day. Went to SL before the Gap, so V1.7 has only been neutral so far.

(Important note, I am writing about different older versions here. If you buy the EA, you only have the latest version available, the older versions are not available to you.)

5 stars are given when a live signal is created.

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FusionAlert StochRSI Master is an indicator available for MT4/MT5 platforms, it is a combination of RSI & Stochastic indicator which provide "alerts" when the market is inside "overbought and oversold" regions combined for both indicators, results in more precise and accurate signals to be used as a wonderful tool, in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Jo

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QuantumAlert Stoch Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the p

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QuantumAlert RSI Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the priva

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QuantumAlert CCI Navigator is a free indicator available for MT4/MT5 platforms, its work is to provide "alerts" when the market is inside "overbought and oversold" regions in the form of "buy or sell" signals. This indicator comes with many customization options mentioned in the parameter section below, user can customise these parameters as needful. Join our MQL5 group , where we share important news and updates. You are also welcome to join our private channel as well, contact me for the pri

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NEXT PRICE : $649 Sleep Walker EA is a multi-currency expert advisor based on a strong scalping strategy in the night when the market volume is low combined with a strong trade management and execution system . Trading Strategy Sleep Walker EA trades on 5 currency pairs GBPUSD, EURUSD, AUDUSD, NZDUSD & USDCHF using instant order execution. It starts taking trades on specific times with proper Stop Loss and Hidden Profit Booking mechanism when the scalping strategy pro

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NEXT PRICE : $799 Monster EA X Gold is a GOLD trading expert advisor based on a strong scalping strategy in the night when the market volume is low combined with a strong trade management and execution system. Trading Strategy Monster EA X Gold trades only on GOLD using only pending orders. It starts putting pending orders on specific times with proper Stop Loss and Hidden Profit Booking mechanism when the scalping strategy probability is the highest, it uses combinat

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GBPJPY scalper EA is a pound yen trading expert advisor designed especially for trading GBPJPY. It is a 5 minute time frame scalper and its strategy is based on low volume trading strategy, it trades at night and day for few hours when the volume is low and there is no news in order to maximize its accuracy and minimize the risk. Join our MQL5 group in order to download the latest set files which will be required to back-test and run the EA on real account. You are also welcome to join our p

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Experience the power of innovation with Quantum Queen EA, an extraordinary expert advisor designed to redefine your trading experience. What sets Quantum Queen EA apart is its ground breaking approach of breaking down a single trade into 4 smaller parts, introducing a level of precision and adaptability that's truly unmatched. Join our MQL5 group in order to download the latest set files which will be required to back-test and run the EA on real account. You are also welcome to join our priv

449 USD

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WiWaWi 2022.12.12 01:12 #

Lost today, 5 trades placed and all lost, not very profitable. 12/12 has neutralized all previous gains of this latest version, 1 month with latest version minimal loss.

I would have wished, if the orders on Friday were profitable overall, to complete them. Then everything would have been OK. But going into the weekend with 5 orders is quite risky.

I too would like a live signal.

It's annoying that news from the Martini EA is constantly coming on all Telegram channels. There is currently not much positive news from other EAs.

06.02.2023: Runs better now. Now needed a lot of time to recover the losses from 12.12.2022 to forget again.

10.04.2023: Default-Setting: Not trading on Friday

V1.6 doesn't trade that often, only has profits so far.

(Important note, I am writing about different older versions here. If you buy the EA, you only have the latest version available, the older versions are not available to you.)

5 stars are given when a live signal is created.

Version 1.7 2023.05.01

-Minor Bug Fix
-Increased Number Of Trades

Version 1.6 2023.04.16

- Self market adaptation system (smas) has been inbuilt
- Latest market optimised
- Minor bug fix

Version 1.5 2023.02.05

-Latest market optimized
-New trend filters added
-Increased number of trades

Version 1.4 2022.11.13

- SL has been reduced to half now
- Extreme complex settings has been integrated which has incredibly increased the performance of the EA
- Trades will not float more than 6 hours now
- Trade on Friday has been enabled which has increased the profitability of the EA
- Can work on +2 GMT as well as +3 GMT now without any changes to be done
- Future optimisation technique has been used for optimisation of the EA
-Increased number of trades

Version 1.3 2022.08.11

-Code Error Fix
-Future Market Optimized

Version 1.2 2022.08.01

-Every 2 Month Routine Optimization
-Increased Accuracy
-Decreased DD

Version 1.1 2022.07.06

-Latest Market Condition Optimization (Monthly Procedure)

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Reliability and usability
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