Money Printing Machine MT5 Stocks CFD
The fundamental difference in Stocks compared to Forex market is that the stock price of financially sound companies will grow over time.
The Money Printing Machine MT5 Stocks CFD EA is designed to trade in the Stocks CFD market.
This EA has been tested to work well in the following symbols:
Therefore, this EA can be configured to execute Buy only or Sell only orders.
On top of that, this EA is coded in MT5 so that all viable Stock symbols can be simultaneously backtested for overall profit viability and risk assessment.
Basing on the buy low, sell high principle, the EA will monitor and look for the best opportunity to enter a trade when the price dips, subsequently when the price dips further, the EA will look at the historical lowest price based on the range specified up to 5 levels in total. Along with each lower level, the lot size can be configured to increase or decrease by the user.
Proprietary entry strategies are used, with options for users to configure the TimeFrames.
An extensively backtested settings file is provided in the Telegram Group Channel.
Users will need to have an account with broker that provides CFD trading. For example: XM, AVAFX, Dukascopy etc.
Users will need a capital of at least 20k due to the higher margin requirements in the Stocks CFD Market.
Symbol_ default: NONE ; for example: Amazon;Google; Stock or Currency Pairs for EA to trade
MagicNumber default: 1001; for EA to identify orders
Risk default: 0 ; for example: 0.75 ; amount to risk per trade based on account percentage;
Lots default: 0.01 ; lot size to use if Risk is set to 0
Maximum Spread default 0 ; to control broker spread, EA will not place new orders if broker spreads are above this value
MultiLots default: 2 ; lot size control parameter; for example, if set to 2, first order at 0.01, second order will be 0.02 and so on
Comment_ default: MPM v1.0 - Stocks CFD; Trade comment
Take_Profit default: 25000 ; Profit target for first order
Series_Take_Profit default: 12500 ; Profit target for the series, if there are more than 1 order opened by the EA in the same symbol Overall_Take_Profit default: 6750 ; Profit target for the overall trades, if there are more than 1 order opened by the EA in the all symbols
Stoploss default: 0; Stoploss target for first order
Use Break Even default: false ; option to use Break Even function or not
StartBE default: 20 ; EA will move the stoploss line to BE level when price is in profit at this point
BE default: 1 ; stoploss at this level
Use Trailing Stop default: false ; option to use Trailing Stop function or not
TrailingStart default: 30 ; EA will move the stoploss line to TrailingStop level when price is in profit at this point
TrailingStop default: 200 ; stoploss at this level
TrailingStep default: 0 ; point move interval when TrailingStart moves in a favourable trade position
UseBuySignal default: true ; option to allow EA to issue Buy orders or not
UseSellSignal default: true ; option to allow EA to issue Sell orders or not
TF1 default: current ; period of time frame to establish 1st order
TF2 default: current ; period of time frame to establish 1st order
TF3 default: current ; period of time frame to establish 1st order
TF4 default: current ; period of time frame to establish 1st order
TF5 default: current ; period of time frame to establish 1st order
LookBack_1 default: 1 ; period of look back candles to establish 1st order
LookBack_2 default: 7 ; period of look back candles to establish 2nd order
LookBack_3 default: 4 ; period of look back candles to establish 3rd order
LookBack_4 default: 8 ; period of look back candles to establish 4th order
LookBack_5 default: 24 ; period of look back candles to establish 5th order
Trade_Time_1 default: true ; option to use time control or not
_Time1Time default: 00:00-23:59 ; period to allow EA to trade
Official Telegram Channel for this EA is below:
Real Trading Account (Investor Password) can be Observed with the following details below:
Account Number: 61462783
MT4 Server: XMGlobal-Mt5 2