Monster EA X Gold MT5
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 30-35% 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
- Do not forget to use set files for back testing or for trading (most important)
- Look at the screenshots carefully for proper guidance
- 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
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.
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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"