Monetizer Advisor - Simply Turns Time into Money
Hello, dear Forex traders. During a crisis, we all want some kind of stability, as far as this word is applicable to trading. We present to your attention the profitable forex advisor "Monetizer". Its distinguishing feature is confident stable profitability, and it does not use dangerous trading methods such as martingale, order grids, locking, and the like. This advisor reliably turns its time working on the account into your money.
Advisor Characteristics
Platform: Metatrader 4
Advisor version: 1.15
Currency pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD
Timeframe: M15
Working time: around the clock
Recommended brokers: Alpari (ECN accounts), Roboforex
Installation Help
We install the advisor as usual. If this is your first time dealing with robots on Forex and you have a lot of questions, download and watch the course Forex on Autopilot.
Attention! In this advisor, the settings for each pair are individual, use the set files (see the archive at the end of this article). For EURUSD, the default settings are used.
Advisor Strategy
The advisor belongs to trend robots that trade during increased volatility. Trading style: entry into a trend after the formation of an impulse correction wave. The advisor does not use methods of averaging in losses, such as martingale, grid, and the like, and is a low-risk and stable trading robot.
Advisor Backtests
Backtests were made for each pair separately, since the Metatrader 4 platform does not allow multicurrency tests.
EURUSD
2012-2014
Let us consider the results for each month:
The test results are very good. However, pay attention to the long drawdown periods in certain years.
AUDUSD
2012-2014
Let us consider the results for each month:
The test results are acceptable.
GBPUSD
2012-2014
Let us look at the results for each month:
The test results are acceptable.
NZDUSD
2012-2014
Let us look at the results for each month:
The test results are very good.
Conclusion: All 4 pairs used show steady profit growth without significant drawdowns. However, for a prolonged period the expert advisor's returns may "tread water". You need to be prepared for this.
Links to the backtests used in the article (for independent analysis):
Description of Settings
- LotSize - fixed lot size
- Magic - order magic number for this pair
- BotComment - comment for the expert advisor's orders
- SL - stop loss
- entrySigma - value of the Sigma parameter in the built-in indicator
- limitDelta - value of the Delta parameter in the built-in indicator
- limitDeltaPos1 - step (in pips) for calculating the opening of a position by the expert advisor under the first strategy
- limitDeltaPos2 - step (in pips) for calculating the opening of a position by the expert advisor under the second strategy
Parameters SL, entrySigma, limitDelta, limitDeltaPos1, limitDeltaPos2 can be optimized (for experienced traders only).
Attention! Do not change anything in the expert advisor parameters and use only the recommended values unless you fully understand what you are doing!
Recommended Money Management
It is recommended to set a lot of 0.01 for every 200 units of currency in the account. For each pair. That is, if you want to trade 4 pairs, the minimum deposit should be higher.
| Account type | Minimum lot and lot step | Min. starting deposit | Examples of Brokers |
|---|---|---|---|
| Cent-NDD | 0.01 | 2$ (200 cents) | Forex4you |
| Cent account | 0.1 | $20 | Roboforex |
| Standard | 0.01 | $200 | Alpari |
| Pro accounts | 0.1 | $2000 | Classic account type at most brokers |
Summary
The Monetizer expert advisor is a profitable trend trading robot, whose effectiveness has been confirmed both by tests and by a real account. However, periods of slowing profitability growth may occur and may be prolonged. As always, do not forget about risk management and common sense. Also note that the expert advisor does not trade often.
Important!
For the expert advisor to work correctly, the trading terminal must be turned on from the market opening on Sunday evening until its closing on Friday evening. If you do not have the ability to keep your computer running 24/5, then it is recommended to use a VPS server service.
Sincerely, Alexey aka Merlin
TradeLikeaPro.ru
Its distinguishing feature is confident stable profitability, and it does not use dangerous trading methods such as martingale, order grids, locking, and the like.