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Monarchs Trade Machine MT4

Fully automatic multicurrency trading machine MT4/5


The advisor's strategy is based on trading volumes and statistics of the movement of trading instruments, the author's trading method, which shows excellent results over the past 7 years

Multicurrency testing since 2016 with 99.9% real ticks, testing was carried out on the MT5 platform, with all traded currency pairs at the same time.

The Expert Advisor has three trading strategies with a smart dynamic lot, which depends on the load on the deposit and the number of simultaneously traded instruments.

Trading is recommended, currency pairs:

  • EURNZD
  • GBPAUD
  • EURUSD
  • CADCHF
  • USDCAD
  • GBPUSD
  • EURAUD
  • GOLD (XAUUSD)

Trading recommendations based on the trading strategy modes:

  • Conservative from 500$
  • Medium from 1000$
  • Aggressive from 2000$

Advantages:

  • 1 Martingale and scalping are not used!
  • 2 Not dependent on economic news!
  • 3 Suitable for working with any broker and any kind of commission!
  • 4 Multicurrency testing and optimization with 99.9% real ticks!
  • 5 Suitable for both moderate trading and overclocking a deposit!
  • 6 Additional protection systems customizable!
  • 7 Fully automatic operation that does not require additional settings!

Install the EA on the chart of one of the recommended currency pairs and select the 1H timeframe, all other pairs are opened automatically!

Settings:

  • Lots -  fixed lot volume
  • Magic -  magic number of deals
  • MaxPairsInTrade - how many instruments can be traded at the same time
  • Slippage -  slippage
  • Сomment Orders -  comments to orders
  • Trade Strategy -  Fixlot / Conservative / Medium / Aggressive
  • Drying -  False / True - Additional protection system, if enabled, you need to specify below at what percentage of drawdown the advisor will stop opening deals on new trading instruments until open orders are closed with a profit.
  • It is necessary to reduce the load on the deposit when the specified drawdown is reached.
  • DryPercent -  in percent - indicate when Drying - True

Trading panel:

  • Start - you need to click to enable the advisor
  • If the advisor is working, you will see the status on the panel: Advisor works
  • Close All - close all current deals, after that the work of the advisor will be stopped, to start work, click on the Start button
  • Silent Stop - a quiet stop, when pressed, the advisor stops opening new currency pairs, but continues to follow already opened transactions until it is completely closed with a profit. After a complete closure, the EA stops its work. To continue working, click on Start

It is recommended to test the Expert Advisor in a multicurrency mode on the MT5 platform, this is the only way to see the real results. The result depends on the simultaneous trading of several currency pairs and a smart dynamic lot. The MT4 platform will not allow you to conduct multicurrency tests.

MT5 version

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Eugene Riesling
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Eugene Riesling 2021.11.22 09:45 
 

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Version 1.1 2022.03.12
1 New optimization
2 Changed the risk manager to a safer one
3 Added setting: how many currency pairs can trade at the same time