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Reward Multiplier MT4

4

Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade!


Download Demo here (starting lot is fixed at 0.01)

Guide + tips here

MT5 version here


You only open the first order. When your trade goes into profit RM opens a new trade with the profit of the first trade and moves the stop loss of both orders to breakeven point. Now you have 2 open orders with zero risk. When price goes further towards the target profit increases to the amount required to open a new order. New order opens and again the stop loss of trades moves to breakeven point. This  happens again and again until price hits the target.

As the running profit increases, total order volume increases and that creates a snowball effect that causes the profit to grow exponentially at later stages of the process. If price goes against the trade and hits the breakeven point orders will be closed with zero profit/loss. The worst that can happen is stop loss hit of the first order before going into profit and opening of new orders. 

Price rallies with short pullbacks happen a lot in today's market especially in forex and cryptocurrencies. If you trade momentum or patterns like triangles, flags, pennants, and similar, any type of consolidation breakouts like Bollinger bands squeeze break, price rallies from supply demand zones, or price action trends, etc, you may want to try this tool.


Reward Multiplier Features:

  • View info such as potential profit/loss and reward to risk ratio before even entering the first trade.
  • Open the first order with the panel easily and leave the rest of the work for the Reward multiplier.
  • You can test it in the MT4 strategy tester visual mode.
  • Works with all instruments such as currency pairs, CFDs, metals, cryptocurrencies, etc.


Reviews 2
James Timpson
615
James Timpson 2023.11.24 01:40 
 

This pyramiding is such a cool concept that I had to try it! Thankfully, he offers a fully functional demo just with small lot size. I have to say I'm a believer. I did two trades and they completely managed themselves while I was asleep. I really had to have this one of a kind Ea... where else are you going to find 1 to 30 risk-reward trades that are achievable and don't require any manual intervention? TRULY SET AND FORGET! I just bought the full version and so should you!

Ps the guy who wrote the other review wrote it almost a year ago and I haven't noticed any of those problems. Maybe he was using a underpowered computer with too many charts open ???

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1. Record the price data for each Tick transaction. Data file contents: "Tick time", "ASK price", "BID price", "SPREAD SPREAD", "Tick quoted quantity". 2. Meanwhile, generate a quotation data file with a 1-minute period. Content of 1min data file: "ASK time", "ASK OPEN price", "ASK HIGH price", "ASK LOW price", "ASK CLOSE price", "BID time", "BID OPEN price", "BID HIGH price", "BID LOW price", "BID CLOSE price", "Tick quoted quantity". 3. Save all quotation data in one file every day, which is c
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Andrii Malakhov
Утилита-риск-менеджер для защиты вашего депозита от полной потери денег. Если вы инвестор и решили передать деньги в доверительное управление, вам нужен Trade Control. Так трейдер не нарушит свои же правила риск-менеджмента и не сольет все ваши деньги. Для этого Trade Control должен находится на вашем VPS. И у управляющего трейдера не должно быть доступа к настройкам данной улититы. В момент слабости, трейдер не сможет увеличить заложенные в торговлю риски. И не потеряет ваш депозит за один неуд
Flash Trade
Bai Jiang Zhou
5 (1)
# If you have any other requirements or are interested in collaboration, please contact dev.quantech.london@gmail.com . Flash Trade (FT) Most friendly manual trading tool. Easy operation to secure your funds. Features of FT Click the chart to trade fast FT supports market orders and pending orders Click twice to complete the order and set SL and TP Click trice to complete the pending order and set SL and TP Automatically set the stop-loss amount of each order to a fixed percentage of the bala
L   H E D G E R   S C A L P E R    A fully automated Expert Advisor that uses counter-trend scalping, managed semi-martingale strategy and lock hedging to execute a complete trading scheme from entry analysis to risk-calculated money management to exit analysis plan execution.         V E R Y  I M P O R T A N T    You can use only ECN type of account. Otherwise, it's a disaster. You can use only the GBPJPY currency pair. Open and attach with 1 chart only. Use a minimum o
PyramidExpert
Joel Protusada
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Tool sends trades when open and close with chart to telegram channel.  Tool can send multiple charts and magic numbers and pairs from a single chart. Send information of all type of orders: Opened (including Pending Orders), closed tiggered, and modified orders. Telegram Setup instruction Open your Telegram APP and search for "BotFather". Type  /start  and click/type  /newbot  to create a new bot. Give your bot a nickname and username (e.g., nickname: Bestnavisignal and username: Bestnavisigna
The EA Protection Filter ( MT5 version here ) provides a news filter as well as a stock market crash filter, which can be used in combination with other EAs. Therefore, it serves as an additional protective layer for other EAs that do provide such filters.  During backtest analysis of my own night scalpers, which already use a stock market crash filter, I noticed that the historic drawdown,  especially during stock market crash phases like 2007-2008, was reduced significantly by using such a fil
Technical confluence zones is a very popular tool for traders. This EA detects such zones by studying chart patterns, naked price levels, fib levels, SMA/EMA over multiple timeframes and more. The source data is loaded from Mytradingpet.com. To find out what are factored in when determining such zones, visit https://mytradingpet.com - a free service for all traders. The zones are color coded. Purple indicates the highest level of confluence.
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MACD Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find regular and hidden divergences between price chart and MACD indicator. This divergence scanner is integrated with support and resistance zones so you can check the MACD divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->  
Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download full version here  ( In the mini version. Starting lot is fixed at 0.01 (or minimum allowed lot size ) Guide + tips here MT5 version   here You only open the
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James Timpson
615
James Timpson 2023.11.24 01:40 
 

This pyramiding is such a cool concept that I had to try it! Thankfully, he offers a fully functional demo just with small lot size. I have to say I'm a believer. I did two trades and they completely managed themselves while I was asleep. I really had to have this one of a kind Ea... where else are you going to find 1 to 30 risk-reward trades that are achievable and don't require any manual intervention? TRULY SET AND FORGET! I just bought the full version and so should you!

Ps the guy who wrote the other review wrote it almost a year ago and I haven't noticed any of those problems. Maybe he was using a underpowered computer with too many charts open ???

maacx
280
maacx 2023.01.01 20:58 
 

It's my second rental of this particular EA as I love the idea of pyramiding and I constantly sweep market for ideal execution of this technique. Multiplier Reward promises much in its description, but unfortunately fails to deliver. It looks like it lacks optimalization, it can get laggy, unresponsive for no clear reason and it doesn't get along well with other EAs (which I wanted to be sources of profitable entries/trades). The default settings, which you cannot really change, aren't ideal either and in the end all my attempts to trade, although initially successful, ended up in minus. I don't recommend Multiplier Reward for MT4 for buying at this particular stage of development (v1.60), but most likely I will be coming back once in a while to check on progress.

Amir Atif
63632
Reply from developer Amir Atif 2023.01.12 07:20
Hi maacx
Sorry about the problems you had with the RM. I'm testing RM's compatibility with other EAs to find possible problems. For now, I removed the "working with other EAs" from the features on the product description.
Best Regards
Reply to review
Version 2.2 2023.11.30
- Performance improved
- Minor bugs fixed
Version 2.1 2023.05.23
- Minor bug fixed.
Version 2.0 2023.04.27
- Now you can set trade commission in the settings for the commissioned account types to include it in the profit/loss estimation calculations.
- Performance improved.
- Minor bug fixed.
Version 1.60 2022.11.05
- Performance improved.
- The problem of saving and loading a template of the chart with the tool in it solved.
Version 1.50 2022.08.21
- Added "Market Orders Only" option in the settings
- Performance improvement
Version 1.40 2022.08.09
- A bug in estimation info fixed
Version 1.30 2022.08.08
- Performance improved
- Minor bug fixed
Version 1.20 2022.08.03
- Performance improved
Version 1.10 2022.07.29
- Minor bug fixed