Purple Monkey

Purple Monkey EA: Advanced Grid Trading System

Overview:
Purple Monkey EA is a sophisticated grid trading system that has been successfully operating on live accounts for several years. Unlike conventional systems that are tailored to historical data, this EA is engineered to capitalize on existing market inefficiencies. It goes beyond a mere "hit and miss" approach, leveraging real market mechanics to generate consistent profits.

Supported Currency Pairs:

  • AUDCAD
  • AUDNZD
  • NZDCAD

Recommended Timeframe:

  • M15

Key Features:

  • One Chart Setup: Trade all supported symbols from a single chart.
  • Multiple Currency Pairs: Designed to work seamlessly with the specified pairs.
  • Proven Performance: Solid backtesting and live trading results.
  • No GMT Adjustments Needed: Simplifies setup and usage.
  • User -Friendly: Follow three simple instructions to get started.
  • Cost-Effective: More affordable than many high-quality alternatives available.

Installation Instructions:

  1. Attach the EA to a single M15 chart; AUDCAD is recommended for optimal performance.
  2. If your broker uses a suffix (!,e, AUDCAD.a), update the symbol name in the Symbol parameter.
  3. Use only the recommended currency pairs. No .set files are required as all settings are internally stored within the EA.
  4. Ensure the EA has access to the news list website and time server for accurate news filtering and time detection. Refer to the guide for setup instructions (1:00 to 2:05).

Requirements:

  • The EA is robust against spread and slippage but is best used with a reliable ECN broker.
  • It should be run continuously on a VPS for optimal performance.
  • For accounts with 1:30 leverage, it is advisable to use low-risk settings with a minimum account balance of $2000. For 1:100 leverage, a $1000 account can accommodate up to significant risk settings.

Money Management & Risk Settings:

  • Allow Opening a New Grid: Toggle the opening of new grids without affecting existing ones.
  • Lot-sizing Method: Choose a method based on desired risk: Fixed Lots, Dynamic Lots, Deposit Load, or predefined presets for automatic risk calculation.
  • Fixed Lot: Set the fixed lot size for initial trades.
  • Dynamic Lot: Specify balance/equity per 0.01 lot.
  • Deposit Load %: Percentage of the deposit allocated for the initial trade.
  • Maximum Lot: Set a cap on the trading lot size.
  • Maximum Spread: Define the maximum allowable spread in pips.
  • Maximum Slippage: Set the maximum slippage for non-ECN accounts.
  • Maximum Symbols at a Time: Limit the number of concurrent open symbols.
  • Allow Hedging: Enable or disable multi-directional trades on the same symbol.
  • Allow Trading on Holidays: Control trading during the Christmas/New Year period.
  • Allow to Buy/Sell: Toggle buy/sell trading options.
  • Maximum Drawdown Percent: Set a threshold for closing positions based on floating drawdown.

Trading Strategy:

  • Symbols: Specify symbols separated by commas (custom if left empty).
  • Bollinger Bands Period: Define the period for Bollinger### Purple Monkey EA: Advanced Grid Trading System

Overview:
Purple Monkey EA is a sophisticated grid trading system that has been successfully operating on real accounts for several years. Unlike typical systems that are adjusted to fit historical data, Purple Monkey EA is engineered to capitalize on existing market inefficiencies. This is not merely a "hit or miss" strategy; it leverages genuine market mechanics to generate consistent profits.

Supported Currency Pairs:

  • AUDCAD
  • AUDNZD
  • NZDCAD

Recommended Timeframe:

  • M15 (15-minute chart)

Key Features:

  • One Chart Setup: Trade all supported currency pairs from a single M15 chart.
  • Multiple Currency Pairs: Designed to support various pairs for diversified trading.
  • Proven Performance: Solid backtesting and live trading results demonstrate its effectiveness.
  • No GMT Adjustments Needed: Simplifies setup and use.
  • User -Friendly: Easy to operate with just three lines of instructions.
  • Cost-Effective: More affordable than many high-quality alternatives on the market.

Installation Instructions:

  1. Attach the EA to only one M15 chart, with AUDCAD recommended.
  2. If your broker uses a suffix (e.!., AUDCAD.a), update the Symbol parameter accordingly.
  3. Use only the recommended currency pairs; no .set files are necessary as all settings are stored within the EA.
  4. Ensure the EA has access to the news list website and time server for optimal functionality. Guide Link (refer to 1:00 - 2:05).

Requirements:

  • The EA is not sensitive to spread and slippage; however, using a reputable ECN broker is advised.
  • It should be run continuously on a VPS.
  • With a leverage of 1:30, it is recommended to use low-risk settings on accounts less than $6000 to avoid margin issues. For 1:100 leverage, higher risk settings can be employed on a $1000 account.

Money Management & Risk Settings:

  • Allow Opening a New Grid: Toggle to enable or disable new grid openings without affecting existing grids.
  • Lot-Sizing Method: Choose from fixed, dynamic, or deposit load methods based on your risk preference.
  • Fixed Lot: Set a fixed trading lot for the initial trade.
  • Dynamic Lot: Define balance/equity to be used per 0.01 lot.
  • Deposit Load %: Percentage of the deposit allocated for the initial trade.
  • Maximum Lot: Specify the maximum allowed trading lot.
  • Maximum Spread (pips): Set the maximum allowable spread.
  • Maximum Slippage (pips): Define the maximum slippage for non-ECN accounts.
  • Maximum Symbols at a Time: Limit the number of symbols that can be traded simultaneously.
  • Allow Hedging: Enable multi-directional trades on the same symbol.
  • Allow Trading on Holidays: Toggle Christmas/New Year trading filters.
  • Allow to Buy/Sell: Enable or disable buy/sell trading.
  • Maximum Drawdown Percent: Set a threshold for closing open positions based on floating drawdown.

Trading Strategy:

  • Symbols: Specify custom symbols separated by commas.
  • Bollinger Bands Period: Define the period for Bollinger Bands used for upper/lower level calculations.
  • RSI Period: Set the period for RSI used to filter trades with minimal potential.
  • Maximum RSI Value: Establish the maximum RSI value for the filter.
  • Take Profit for Initial Trade (pips): Set the take profit for the initial trade.
  • Take Profit for Grid (pips): Define the take profit for grid trades; if set to zero, it will be weighted based on the initial order's monetary value.
  • Stop Loss for Grid (pips): Set the stop loss for initial/grid trades; defaults to 1000 pips if zero.
  • Hide Stop Loss: Toggle the visibility of the stop loss.

Grid Settings:

  • Trade Distance (pips): Minimum step in pips between grid trades.
  • Smart Distance: Automatically adjusts trade distance based on market volatility.
  • Trade Multipliers: Define multipliers for subsequent trades (2nd to 6th and beyond).
  • Maximum Trades: Set the maximum number of grid trades allowed.

Join the Trading Community:
Experience the benefits of the Purple Monkey EA and join our trading community. For more details, visit our signal page: Purple Monkey EA Signals.


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IndexPro
Chiedozie Titus Ugwu
IndexPro  is a professional automatic trading system designed and optimized for the MT4 platform and the Trading of   Indices  Such as Ger30. S&P500, US30 index  . This system works independently on your terminal, you can run it on your computer or on a VPS because the computer must be turned on while the robot is running. The robot analyzes the market 24 hours a day ,Opening its trades on the H1 Timeframe on Ger30 . H1 or 5M on S&P500 . & 5M US30 . thanks to which it is more effective than a hu
Icaro
Christian Ricci
PROMO PRICE ONLY FOR LIMITED TIME  6 month at only 30$ (5$/month) RECOMMENDED VALUE: Timeframe: M1 ONLY FOR NAS100  SPREAD RECOMMENDED: 80 Test Broker: Vantage Fx EA SETUP: Lots: 1 for each 100€ (if Balance is 1000€, Lots = 10) TP: 5 SL: 0 min: 10 After buying EA, be sure to write to me in private messages. I am ready to help each buyer install and configure the advisor. If you have never used EAs before, I will show and teach you how to use it.
IndiceFire
Chiedozie Titus Ugwu
IndiceFire est un système de trading automatique professionnel conçu et optimisé pour la plateforme MT4 et le trading d'indices tels que la paire d'indices S&P500, US30. . Ce système fonctionne indépendamment sur votre terminal, vous pouvez le faire fonctionner sur votre ordinateur ou sur un VPS car l'ordinateur doit être allumé pendant que le robot tourne. Le robot analyse le marché 24 heures sur 24, ouvrant ses transactions sur la période H4 sur S&P500. Grâce à quoi il est plus efficace qu'
IndicesLion
Chiedozie Titus Ugwu
IndiceLion est un système de trading automatique professionnel conçu et optimisé pour la plateforme MT4 et le trading d'indices tels que la paire d'indices S&P500, US30. . Ce système fonctionne indépendamment sur votre terminal, vous pouvez le faire fonctionner sur votre ordinateur ou sur un VPS car l'ordinateur doit être allumé pendant que le robot tourne. Le robot analyse le marché 24 heures sur 24, ouvrant ses transactions sur la période H1 sur S&P500. Grâce à quoi il est plus efficace qu'
MelBar RealScalper FinTech RoboTrader Version  8.8. MT4 Real-Time Open Candle AutoTrading FinTech RoboTrader with inbuilt Buy/Sell Signal Alerts. Verified by MyFxBook. ONLY ONE (1) TRADER ACCOUNT USER LICENSE PER RENTAL. Try it on your demo account first & settings optimization.  Works on multiple charts. Niche FinTech Democratization Tool & Human Right to Accumulation of Wealth software.  A People's Right to Wealth software. Specifically designed FinTech RoboTrader Expert Advisor is a
Forex MasterMind Algo AI Multiple Trading Are 3 Type Of Trading Strategy   Velocity Trading Breakout Trading Reversal Trading   Velocity Trading Strategy:-                Velocity Trading Strategy Are Longer Then Candle Buy Or Sell Its Same Side More Than Trade. For Example, in Market Are Buy Side Long Candle, The EA Is Buy, Only Fixed Lot Is Working On Strategy  Breakout Trading Strategy:-                   Breakout Trading Strategy Instantly Place Order BuyStop And SellStop, Once Breakout
Tujjor Pro
Bekhzod Rasulov
Brief information about our robot: this robot can trade 29 pairs at the same time Our ROBOT earns from 20% to 45% profit per month. Minimum deposit 5.000-10.000 For complete information about the robot, contact the administrator https://t.me/behzodrasulov https://t.me/tujjor_robot_N1 The robot has been working in the market for a long time, you can get more information about it from the admin
"Check out MerkaDrive - the ultimate EA developed for contrarian trading. This powerful system is optimized for trading EURUSD, with a recommended period of H1 and a maximum spread of 10. To get started, we recommend backtesting MerkaDrive on every tick over a period of 3 months to speed up your analysis of past years. And don't forget to personalize your risk management strategy after analyzing previous years' drawdowns. Pro tip: it's always a good idea to test out new systems on demo accounts
A trading system based on divergences is one that uses divergences between technical indicators and market prices to identify potential trading opportunities. Here's how this type of trading system operates: Divergence identification: The divergence-based trading system seeks to identify divergences between technical indicators and market prices. A divergence occurs when the market price and a technical indicator move in different directions, which can indicate a possible trend reversal. Signal
Magnat
Alexander Buseinus
A professional Expert Advisor designed for trading any instrument of the Metatrader 4 platform. Work Features: A large number of input parameters, with a wide range of settings, allow you to work on all instruments with any broker trading conditions. Depending on trading conditions, it can work with direct market positions or dynamic pending orders. When switching the corresponding input parameter, the Expert Advisor always opens only one trading position at a time, or it can open many position
Euro Miner  does not use indicators, and it doesn't require complicated settings because user just needs to upload the already available setfile. Euro Miner Pro is very adaptive can be profitable in sideway market and don't worry if have high impact news such as NFP, FOMC , no need to turn off the Autotrading.. you can on 24 hrs 5 days, one time setup and forget just enjoy the profit.. IMPORTANT! for a full support and to get instructions on how to set up, pls leave a message on comment tab af
User friendly Interface. On panel fat finger protection. High speed for sending   manual  orders. Auto follow up for manual orders placed by the panel. Highly customized parameters for automated or manual buy/sell orders. Customized  money management system. Advanced users can choose their buy/sell decision according to their views and leave the rest to the EA to follow up their initial decisions. Beginners can fully rely on the built-in technology  to make transaction decisions. Users can limi
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