Forex Expert Advisors: MoneyMaker 2.0

a4b4a1207d9a A German expert advisor that combines the classic foundations of trading.

Platform:Metatrader 4

Operating time: European and American sessions (That is, you can turn it off overnight)

Currency pair:EURUSD

Timeframe: M5 + D1 (the expert advisor is installed on a 5-minute chart, an empty D1 (daily) chart must also be open in the terminal)

So, the expert advisor has positive sides:

  • Take-profit is larger than Stop-loss
  • Signal filtering by daily charts
  • Fairly cautious entries
  • Martingale is not used

The backtests are good (see below), I think Grandpa Elder would be pleased :)

Backtests (fixed lot 0.1):

2009

2010

2011

If you are not very familiar with trading with expert advisors, I advise you to read:

Download

A German expert advisor that combines the classic foundations of trading.