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Master Money Maker

FREE

Published: 26 September 2020

Current version: 1.0

Master Money Maker

Name: Master Money Maker
Rating: 2.5 (2 reviews)
Author: Daniela Luzzu

2.5

Experts
Daniela Luzzu
Version: 1.0

Master Money Maker is a very high yielding Expert Advisor for experienced or professional traders and is not suitable for beginners looking for the miracle.

Master Money Maker represents a sophisticated Expert Advisor tailored for seasoned or professional traders, emphasizing its incompatibility with novice traders seeking quick solutions.

Employing a meticulously crafted strategy, MMM operates as a fully automated breakout scalper, meticulously optimized through extensive testing over an extended period. Functioning seamlessly on the M5 chart with default configurations targeting EURUSD-GBPUSD-USDJPY-XAUUSD pairs, it leverages a combination of Bollinger Bands and average regression to pinpoint transient overbought and oversold regions, facilitating superior long-term returns unparalleled in conventional scalping methodologies.

The system employs intricate internal algorithms to assess price velocity and pressure, meticulously filtering entry triggers to optimize trade success rates. All parameters, tailored for select currency pairs, are preconfigured within the code, necessitating user intervention only for money management, spread adjustments, and trade zone delineation.

Operating within a remarkably rapid trading timeframe spanning seconds to 90 minutes, MMM ensures compliance with FIFO regulations, exclusively relying on pending orders rather than direct market execution. Notably, it eschews risky recovery mechanisms such as Martingale or Grid strategies, while incorporating preset stop loss and take profit levels to mitigate downside risks.

Additional features include automatic trade closure by Friday 5:30 PM (adjustable), configurable filters to manage maximum daily losses, loss percentage thresholds, and consecutive losing trades, providing users with flexibility to tailor risk tolerance. Users can opt for conservative or standard trading modes, with an exceptionally favorable risk-return ratio and controlled drawdown even under aggressive money management schemes.

It's imperative for users to conduct thorough due diligence over an appropriate timeframe to comprehend MMM's operational intricacies and performance metrics specific to their broker. Transitioning to live trading should only occur after a comprehensive understanding of the system and its compatibility with their trading environment. For further inquiries or assistance, feel free to contact us.

For backtesting purposes, users are advised to deactivate the following filters:

Max Loss Filter
Max Daily Loss Filter

Serious diligence and understanding of Master Money Maker's functionality and performance with individual brokers are paramount prerequisites for sustainable profitability and continued growth.

Configurable parameters:

Full FIFO compliance
No direct market orders but only pending orders
SL and TL preset inside
No recovery system like Martingale or Grid
Closing of trades by 5.30 pm on Friday (settable)
Max Daily Loss filter (settable)
Max loss percentage filter (settable)
Max consecutive losing trades filter (settable)
Conservative or standard trade filter (settable)
Very high risk-return ratio
Drowdown contained even with more pushed money management
Different brokers and VPSs yield different results

For any information do not hesitate to write to me.

The fantastic backtests fully reflect what the strategy is capable of, although approaching real trading with extreme reliability, the backtest remains a perfect environment that is hardly replicable most of the time.

more...

674

imWald 2024.04.26 13:27 #

I use this EA successfully on my live account with USDJPY. Thanks for the free use option!

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Filter:

790

worldofhunger 2024.07.02 09:30 #

The author designed the EA to connect to his server and modify the settings without you noticing it. He intentionaly disable the EA not to trade often, this is like fishing case scenario, if you provide the EA for free then why you design the EA to connect to your server, I dont know what kind of information you are stealing from people but I have taken your EA off the chart for being sneaky, stay away from this guy and his EAs..

319

Reply from developer Daniela Luzzu 2024.07.02 13:30 #

t seems you have the wrong EA and you should have commented elsewhere. This EA does not connect to any server and has never been in an account to follow, therefore it has never been deactivated because it has not even been activated. You must be a bit confused.

674

imWald 2024.04.26 13:27 #

I use this EA successfully on my live account with USDJPY. Thanks for the free use option!