Market / MetaTrader 4 / Experts /

Machine

FREE

Published: 28 November 2022

Current version: 1.0

Machine

Name: Machine
Rating: 4.625 (24 reviews)
Author: Thomas Cain

4.63

Experts
Thomas Cain
Version: 1.0

Machine X3 EA is designed to trade at multiple price action levels simultaneously. Instead of avoiding draw down, this EA embraces it and takes advantage of it.

This system uses 3 independent baskets of positions to employ more opportunities that may arise. The more draw down that occurs, the more the 2nd and 3rd baskets of this EA operate.

Machine EA is designed to open all 3 baskets when long trends occur, utilizing retracements. Entry levels are based on tight Bollinger Bands and distances. Due to the nature of the design, at times this EA may use the majority of available margin for its strategy. The settings for this EA can be utilized to be as aggressive or as conservative as one would prefer.

If you like this free Machine X3 EA, please leave a review. Also, Machine Wizard is now available, an 11 basket system instead of 3. Click link below.

https://www.mql5.com/en/market/product/90933?source=Site

Recommended Usage:

Timeframe recommended M15. Aggressive M5. Very Aggressive M1.
Pair: EURUSD
Leverage 1:200 Minimum

Indicator Parameters:

Both Directions- When TRUE the EA will trade in both directions simultaneously.
Friday stop opening trades after (hr)- The hour at which the EA will stop opening new baskets of trades on Friday.
Max Spread- The maximum spread allowed that the EA will open a trade.
Slippage- The Maximum slippage allowed that the EA will open a trade.
Original Magic- The Magic number for the First basket.
Basket 2 Magic- The Magic number for the Second basket.
Basket 3 Magic- The Magic number for the Third basket.
Use Unit- The option to use Pips or Points for the figures of the EA.
Strategy is ON- When on True the EA is on. If the basket has open trades and this gets turned to False, the EA will continue to open counter trades until the basket is closed.
Reverse Mode- When set to True the EA will open in the opposite direction of it's original design.
Wait for 2nd and 3rd closure- When to set True, the original basket will wait to re-open a an initial trade until basket 2 & 3 have both closed.
Forex Freedom is ON- When set to True, the original basket is using the Forex Freedom indicator as part of its initial entry.
Bollinger Bands is ON- When set to True, the original basket is using Bollinger Bands as part of its initial entry.
Max Buys- the maximum number of counter buys allowed for the original basket.
Max Sells- the maximum number of counter sells allowed for the original basket.
Position size- the size of the initial and counter positions in order.
Distance between positions- the distance between the initial positions and counters.
Profit per position- the amount of profit for the initial and counter positions opened in order.
Profit Trail Start for Buys- The dollar amount for which the EA will begin the trail.
Profit Trail Stop for Buys- The dollar amount for which the EA will lock.
Profit Trail Start for Sells- The dollar amount for which the EA will begin the trail.
Profit Trail Stop for Sells- The dollar amount for which the EA will lock.
Start after original Buys- The number of counter buy trades the original basket needs to have open before basket 2 will open its initial buy trade.
Start after original Sells- The number of counter sell trades the original basket needs to have open before basket 2 will open its initial sell trade.
Minimum Distance from the 1st- The minimum number of pips that basket 2 looks at from basket 1's initial position before it can open and re-open an initial trade.
Gap between the lines of bars- The gap distance between the line of the bars used.
Period_1- The timeframe to which the EA will use as a condition of the indicator.
Period_2- The timeframe to which the EA will use as a condition of the indicator.
Period_3- The timeframe to which the EA will use as a condition of the indicator.
Period_4- The timeframe to which the EA will use as a condition of the indicator.
Auto Display- when set to True the display of the indicator will be shown.
Bar Index- The number of bars used.
Period- The period at which the bands will be used.
Deviation- The Deviation number at which the bands will resemble.
Bar Index- The number of bars used.
Show Panel- When True, the display panel will be on the chart used.

more...

121

im6yafd 2024.07.11 17:41 #

Hi Thomas. Thank you for this extremely interesting robot ❗ I tested it on EURUSD and XAUUSD in M1 aggressive mode. The results are surprising 😁. On the other hand, I have not seen it trade in both directions simultaneously in TRUE (and SO MUCH BETTER)... I WOULD LIKE LIKE ALL THE OTHER ROBOTS THAT I USE TO HAVE THE POSSIBILITY TO TRADE ONLY IN BUY/LONG OR ONLY IN SELL/SHORTS. This improvement request should not be very difficult 😁 Thank you.

gio gamelo 2024.06.12 17:42 #

Testing this EA for a month now and it delivered well. Tried using on XAU/USD and EUR/USD. I find the EA on XAU/USD more efficient, but does need a decent capital. Great job Thomas, I hope you can still upgrade this EA further with the current market situations. Also, I tried your Machine pro EA comparing it to this free one, I see that the pro had some advantage handling drawdowns but this free one has gained more profits compared to the pro. What could be the reason? TIA!

266

master2018 2024.05.16 22:26 #

Тестирование на демо-счете дает удовлетворительный результат

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BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp

3 693 USD

This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy

699 USD

TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ

598 USD

Introducing Machine Wizard, your advanced solution for navigating the dynamic landscape of forex trading. This exceptional Expert Advisor (EA) has been meticulously crafted to optimize your trading strategy, leveraging the power of 11 independent baskets of trades, each distinguished by its unique magic number. Machine Wizard sets itself apart through its intelligent application of the martingale strategy, offering a sophisticated approach that avoids excessive risk in narrow windows. Unlike tr

199 USD

Machine Pro EA uses 6 independent baskets of trades, while trading at 3 separate price action levels of a currency simultaneously. What makes the Pro version different than the X3 version, is that it also has 3 hedge baskets. Each original basket trades against the trend, while each hedge basket trades both with the trend and against, striking more chart potential. The more drawdown that occurs, the more this EA will perform. Some other Pro features include: Trail profit lock on every position

99 USD

Augment is an EA designed to take advantage of sharp movements in the market. Using an array of approaches, including candlestick ranges, the EA is designed for turbulence. Aside from using candlesticks as part of its entry, Augment has the ability to determine the best price action levels that a martingale system can be the most efficient. The EA has been programmed for the market conditions from 2017 to current day. To use this EA, it is recommended to have a starting balance of $3,000 per .01

FREE

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im6yafd 2024.07.11 17:41 #

gio gamelo 2024.06.12 17:42 #

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Reply from developer Thomas Cain 2024.06.12 19:28 #

Thank you for the kind review!
It’s likely due to the auto lot function in the Pro version being on. Try switching it off and using the fixed lot.

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master2018 2024.05.16 22:26 #

Тестирование на демо-счете дает удовлетворительный результат

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ruecha_m 2024.04.22 11:17 #

Testing on demo account yields satisfying result.

Cos087160 2024.03.23 05:44 #

I tried your ea and no orders were opened, used in m15.

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Reply from developer Thomas Cain 2024.04.03 02:14 #

The EA works, not sure why it wouldn’t open for you. Try testing it on a M1 timeframe initially.

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trading4more 2024.02.27 18:45 #

Very profitable EA on nearly every instrument and Thomas is very nice and supportive! Hope there will be also a mql5 version of this Expert Advisor soon. :)

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agrushev777 2024.02.17 17:59 #

User didn't leave any comment to the rating

Benjamin662 2024.01.23 10:08 #

User didn't leave any comment to the rating

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MattyTrading 2023.11.14 21:02 #

Operando en H1 con GBPUSD ,la inversión de 3000 y es una máquina de hacer dinero en 1 año estaba en 5,600 , a los 3 años llega a 13.000 dolares buena MAQUINA de hacer dinero . SU DD supera el 70 % , primero probarlo y con minimo 4000 dolares .FELICIDADES , lo probe en ICM , puedes hacerle ajustes y probar menor DD , o decirle al sistema que lo haga

Nikols Miro 2023.10.17 08:48 #

Positive feedback!

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Xavipas 2023.10.12 00:10 #

Es toda una máquina. Si la conoces bien y ajustas los engranajes, a producir a toda máquina. Excelente EA.

Mr.Monk 2023.09.26 15:09 #

This is a great advisor! It seems to me that it is still undervalued. I've been testing it for a week on two demo accounts. The first account for $500 and three pairs(!), the second for $100k and 11 pairs(!). In parallel, I'm testing in the strategy tester. In 2023, EURUSD on M1 had two failures – in march and july. Hopefully they can be avoided by using MM in the paid version. Thomas is great!

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Reply from developer Thomas Cain 2023.09.26 15:18 #

Thank you for the kind review!

Donat Abazi 2023.09.20 16:13 #

BEST ONE OUT THERE, THOMAS IS A LEGEND, FOREVER GRATEFUL

LionHeart 2023.08.04 17:32 #

aweseme

Fontanelli 2023.06.22 21:43 #

Hallo Thomas Cain, first of all i have to say your EA is remarkable. It trades very neatly and stably. It makes profits and has a low drawdown. Excellent performance and respect for your work. can you add,the program will immediately lock all position(s) on the account if a pre-specified (as a percentage and/or currency) profit and/or loss is reached. I wish I could set desired trading days myself. I only trade Mondays to Thursdays and then only London session and Asia session.

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Reply from developer Thomas Cain 2023.06.22 23:19 #

Hey, thank you for the review. Are you referring to a profit lock on all positions if reached? If so, my most advanced version Machine Wizard has that option. https://www.mql5.com/en/market/product/90933

miilady68 2023.05.15 11:44 #

hi dude could you pleas add two options to complete your favor 1.add timer to avoid opening new trade at midnight cause spread is wide 2.add days of week to avoid trade on Fridays. TNX ALOT and how can I adjust this EA to set the main basket for trading with trend?

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Reply from developer Thomas Cain 2023.05.15 15:47 #

Hey, so the best way to fix the spread issue, is to just lower the max spread on line 4 of the EA inputs. As far as not trading on Friday, that option is in the settings as well on line 3 of the EA inputs. Simply change the number from 24 to 1.

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121887704 2023.04.10 11:32 #

per ora solo in demo... sta lavorando bene... è in profitto... al momento sono contento... se continua così lo passo in reale... grazie per questa possibilità... un saluto a tutti

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philippe germain 2023.03.15 10:10 #

Soon or later this EA will kill your account.

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Reply from developer Thomas Cain 2023.03.16 19:09 #

Thanks for your honest review. FYI- Any martingale system can kill an account, this is extremely common knowledge.

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Ragsta Santana 2023.03.12 22:12 #

AMAZING ! Wow I love this EA so much, so profitable thank you Thomas !

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Luca Serafin 2023.03.07 06:11 #

I have installed it but don’t open any position…i have put m1 gbpusd and turn off the bollinger bands in the settings, and now open. How is the minimum balance reccomended for gbpusd m1?

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Reply from developer Thomas Cain 2023.03.07 12:45 #

Make sure the “AutoTrading” tab on the MT4 platform is on. The EA will open trades, but if you want to do a test- in the settings of Machine, turn the Bollinger Bands to False, and use timeframe M1.

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