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Ea Monster Multiple Strategies

Attention EA monster users: This NEW Version 2.4 works best with the setting files provided in this Blog page:
https://www.mql5.com/en/blogs/post/721114

In this Blog you will find:

  • New Version 2.4 Setting Files to Download
  • New PDF Manual to Download
  • Back Test Videos and Reports
  • Tips and Tricks to get the most consistent monthly profits

EA Monster Multiple Strategies with Customizable Features

This EA was designed to give you the flexibility of combining multiple strategies to fit your unique style of trading. You are able to have multiple ways to open a trade, close a trade and/or filter a trade. You can even back-test these various settings to find the perfect settings for your favorite currency pair. You are welcome to message me for setting files that I have tested.

Main EA Settings

  • ECN Account True/False
  • MagicNumber
  • EA Comment
  • lot
  • Place orders if under max spread
  • Maximum price slippage for buy or sell orders
  • Attempts to resend order if error
  • Attempts to close order if error

Strategies

  • Grid Recovery On/Off
  • Grid Distance
  • Virtual TP in $
  • Grid Magic Number
  • Increase lot size by a factor of X after loss
  • Incremental Lot Size Money Management System that will adjust your lot size by Balance Equity Increments.
    Example: $50 Balance = 0.01 Lot Size; $100 Balance = 0.02 Lot Size; $150 Balance = 0.03 Lot Size
  • Trailing Balance Equity System that will trail a percentage of your balance.
    Example: If set to 70% the Balance will trail 30% and if it draws down around 30% it will not trade anymore and preserve 70% of the highest Balance since EA was turned on.
  • If trading account gets down to X$ it stops trading
  • Stop Trading when Free Margin is below X$

Daily, Weekly, Monthly target strategies

This feature will stop trading for the day,week, or month when the target is hit and resume trading when the next period begins.

Set your targets to 5 or 10 pips below your TP or SL.

  • Target Xpips profit(Set to 5000 to disable)
  • Target Xpips loss(Set to 5000 to disable)

Setting for MA Cross and MA Trend

  • MA averaging period
  • averaging method
  • applied price

Invert Trades Settings

  • invert trades

Pending Orders Settings

  • Open 2 buy orders or 2 sell orders
    • A buy order will open a pending buy X pips above and a pending buy X pips below
    • A sell order will open a pending sell X pips above and a pending sell X pips below
  • Open 1 buy order and 1 sell order
    • A buy order will open a pending buy X pips above and a pending sell X pips below
    • A sell order will open a pending buy X pips above and a pending sell X pips below
  • Invert open 1 buy and 1 sell
  • OCO input (Open pending order will close the other pending order)
  • Delete pending orders after X seconds

Pending Buy/Sell

  • X pips above
  • X pips below

Open Trades Section

Default Open Trades Feature

Body of the candle is X% greater than the previous X number of candles
Open a buy trade if bull candle. Open a sell trade if bear candle.

  • On/Off
  • Look back # of candles
  • Greater than X%
  • Candle body must be more than X Pips in size
  • Candle Shift(0 opens immediately)

Close trades by X pips in X seconds close reverse - different speed than open

Close trades by RSI top line closes buys, bottom line closes sells

Close trades by RSI top line closes sells, bottom line closes buys

See Comment #104 at this link for an explanation of these features
https://www.mql5.com/en/market/product/21797#!tab=comments&page=6&comment=6640263


Open Trades by MA cross MA

  • On/Off
  • 0 - Opens Immediately, 1 - Opens on Candle Close
  • 1st MA Avg Period
  • 1st Avg Method
  • 1st Applied Price
  • 2nd MA Avg Period
  • 2nd Avg Method
  • 2nd Applied Price

Close Trades by MA cross MA

  • On/Off
  • 0 - Opens Immediately, 1 - Opens on Candle Close
  • 1st MA Avg Period
  • 1st Avg Method
  • 1st Applied Price
  • 2nd MA Avg Period
  • 2nd Avg Method
  • 2nd Applied Price

Close Trade by Bollinger Bands

  • Avg Period
  • Std Deviations
  • Bands Shift
  • Applied Price
  • 0 - Closes Immediately 1 - Close on Candle close
  • Close buys & sells on Upper Band
  • Close buys & sells on Lower Band
  • Close only buys on bottom band
  • Close only sells on upper band
  • Close only buys on upper band
  • Close only sells on lower band
  • Close only buys on re-entry upper band
  • Close only sells on re-entry lower band
  • Close all on cross middle band


Eduardo Linares
290
Eduardo Linares 2018.09.18 04:48 
 

Excellent product!! so many set files posible to adapt to your own trading style. Continuous improvement on EA code!

Jonathan Bastide
41
Jonathan Bastide 2018.09.16 01:46 
 

Super top EA ! Multiple parameters to tweak ! Good results and super stable !

Scott is available for any questions !

remsgits
439
remsgits 2018.06.06 01:41 
 

Hi i start use this Ea a month ago had good trades so far , Scott very helpful !

will update next month.

cashoncommand
64
cashoncommand 2018.02.07 05:01   

Excellent work. Scott has been amazing. He is very supportive and helpful.

He is always trying to better his EA's to help us make money with his system.

Love his work ethics and dedication to helping others.

Thanks Steve you are a Gem.

Farooq Majoka
1225
Farooq Majoka 2017.09.19 16:19 
 

Five stars to begin with. will update later !!

Versión 3.0 2018.12.02
- New Max Grid Trades Input (To Prevent too many Grid Trades Opening)
Versión 2.9 2018.11.24
- Fixed A problem with Default Strategy
Versión 2.8 2018.11.24
- New Account Equity + or - Close Trades
- New Account Pips + or - Close Trades
Versión 2.7 2018.10.27
- NEW Moving Average Close in Profit Only Feature(Only Closes when Trade is in Profit)
(This is Good for using when Grid Recovery is On)

- NEW Stochastic Level Close in Profit Only Feature(Only Closes when Trade is in Profit)
(This is Good for using when Grid Recovery is On)
Versión 2.6 2018.10.13
- NEW Virtual TP Percentage of Balance
- NEW Default Strategy uses the new Virtual TP Percentage of Balance
Versión 2.5 2018.09.27
- Fixed a problem with the EA opening trades when grids are open and when MT4 is restarted. You can now restart your MT4 when grids are open and continue trading.
Versión 2.4 2018.09.15
- NEW Toggle On/Off for Daily, Weekly, Monthly Targets for Faster Back testing
(Previously back testing was slow because this was toggled always on, Now it is off by default)
Versión 2.3 2018.09.14
- NEW Grid Recovery System
- NEW Default Settings
Versión 2.2 2018.06.29
- Added the ability for decimals in "X Seconds" Inputs for the "X Speed per X Seconds" open trades feature.
Versión 2.1 2018.06.21
- Added Option for ECN Accounts
Versión 2.0 2018.03.01
- New Feature that Stops trading if free margin is below X$ to avoid margin calls
- New RSI Feature to close only Buys on Top and Sells on Bottom Level
- New Close Trades when X Pips per X seconds speed reverses
- New Bollinger Bands Filter Trades only Inside Bands
- New 3 Stacked Moving Average Filter
- Bollinger Bands Open Fix on Close of Candle
Versión 1.9 2018.02.05
- New input for Open on Candle Close for MA cross MA Open
- New input for Close on Candle Close for MA cross MA Close
Versión 1.8 2018.02.01
- New Moving Average Cross Moving Average Opens Trades
- New Moving Average Cross Moving Average Closes Trades
- New Bollinger Bands Open Buy from Upper Band
- New Bollinger Bands Open Sell from Lower Band
- New Bollinger Bands Close Buys on Upper Band
- New Bollinger Bands Close Sells on Lower Band
- New Bollinger Bands Close Buys on Re-Entry Upper Band
- New Bollinger Bands Close Sells on Re-Entry Lower Band
Versión 1.7 2018.01.16
- New secondary stochastic close settings. This will allow trades to be opened with one Stochastic setting and a different setting to close trades.
Versión 1.6 2017.12.18
- Under the "Risk Management" section the default "Incremental Balance Amount" input was changed from 50 to 200. This was changed to make it less risky. 50 or 100 would be very aggressive or risky.
Versión 1.5 2017.12.01
- New Incremental Lot Size Money Management System that will adjust your lot size by Balance Equity Increments. Example: $50 Balance = 0.01 Lot Size; $100 Balance = 0.02 Lot Size; $150 Balance = 0.03 Lot Size

- New Trailing Balance Equity System that will trail a percentage of your balance.
Example: If set to 70% the Balance will trail 30% and if it draws down around 30% it will not trade anymore and preserve 70% of the highest Balance since EA was turned on.

- New Candle Wick Open Trade Feature that will open trades based on the size of the wick of the candle to the size of the body of the candle. This can open trades on new candle (Candle Shift 1) or open immediately (Candle Shift 0) on the same candle. If you back test with Shift 0 you must make sure you are back testing with every tick. You can test with Open Prices if Shift is set to 1.

- New Open Trades Feature when High or Low has been reach on X Number of Candles.
Versión 1.4 2017.09.05
- Fixed Open Trade Once per Bar
- Added Day of Week Filter
Versión 1.3 2017.08.07
- New Default Strategy for H1 EURUSD AUDUSD USDJPY

- New Feature that opens trades when a Candle is X% Larger than Previous X Number of candles
(Buy on Bull Candle, Sell on Bear Candle)

- New On/Off Filter that restricts trading to only once per bar if set to True

- New Bollinger Bands Feature that allows trading only outside of the Upper or Lower Bands. No trading will be allowed inside of the bands if set to True.
Versión 1.2 2017.06.06
- Added input for changing magic number
- New input instructions are added above some inputs
- New Speedometer that Displays current speed per Seconds
- New Display showing highest speed since EA was turned on
- RSI Open Trades Feature
- RSI Block Feature
- RSI Filter Feature
- New Moving Average Feature that allows up to Xpips distance, then blocks
- Fixed Stochastic Cross Issue
- Martingale now multiplies lots by a factor of X
- Better Error Checking
Versión 1.1 2017.04.19
Added a new Bollinger Bands Open trades strategy and a new moving average strategy. Also changed the default strategy.