Name: EA119 Monster Fractal Version: Latest Version Developer by: Jose Francisco Flores Rojas The Right Platform: Meta Trader 4 (MT4) Our Telegram Team: Join now Our Youtube Channel: Click here
Delivery time 24h-48h after payment.
What is EA119 Monster Fractal MT4?
EA119 Monster Fractal MT4 is a refined reversal trading Expert Advisor (EA) for MetaTrader 4 (MT4) that intelligently merges Bill Williams’ Fractal indicator with an Exponential Moving Average (EMA) to pinpoint high-probability reversal zones. As a trader with 20 years of experience across every market regime, I value this EA for its disciplined filtering: it only trades reversals when price shows clear exhaustion (via Fractals) AND is sufficiently stretched away from the EMA — creating a strong confluence for mean-reversion entries without chasing noise.
The EA identifies local tops/bottoms using Fractal patterns, then applies a strict EMA distance filter to confirm oversold/overbought conditions. A bullish Fractal triggers buys only when price is meaningfully below the EMA (oversold pullback), and bearish Fractals trigger sells when price is far above the EMA (overbought rejection). Optional grid layering adds controlled averaging in ranging environments.
Fractal Reversal Detection — Uses standard Fractal logic to spot genuine local highs/lows for reversal signals.
EMA Oversold/Overbought Filter — Requires minimum pip distance from EMA (customizable) to avoid weak or premature entries.
Optional Grid Mode — Layers additional trades at user-defined pip intervals (with max trade limit) for ranging-market recovery.
Robust Risk Controls —
Fixed-pip Take Profit
Equity % Cut Loss (closes all positions at predefined drawdown %)
Max open trades cap
Highly Tunable Parameters — Adjust Fractal confirmation, EMA period, min EMA distance, grid step, max grid levels, TP, cut-loss %, and more.
Versatile Across Markets — Works on any pair/timeframe; recommended M15–H1 for optimal signal quality on majors, crosses, and gold.
Trading Strategy Breakdown
Buy Setup: Bearish trend exhaustion → Bullish Fractal forms → Price is at least X pips below EMA → Enter long (oversold reversal).
Sell Setup: Bullish trend exhaustion → Bearish Fractal forms → Price is at least X pips above EMA → Enter short (overbought reversal).
Grid Activation (optional): If price continues against, add positions at fixed pip steps up to max limit → Target overall basket TP.
Protection: Hard equity % cut-loss + max trades prevent runaway drawdowns.
Focus: Mean-reversion in ranging/oscillating conditions where price frequently returns to the EMA.
Why Traders Should Choose EA119 Monster Fractal MT4?
High-Confluence Reversal Edge — Fractal + EMA distance filter eliminates most false signals — far superior to plain Fractal or EMA bots.
Mean-Reversion Precision — Excels at catching oversold/overbought extremes where price snaps back to the average.
Controlled Grid Safety — Grid is optional and capped — not reckless martingale — with equity % protection as the ultimate safeguard.
Easy to Optimize — Full parameter control lets you adapt to your pair, timeframe, and risk tolerance without overcomplicating.
Proven Reversal Logic — Combines two timeless indicators (Fractals + EMA) in a logical, filtered way — ideal for traders who prefer structure over randomness.
Performance of EA119 Monster Fractal MT4
Fractal EMA Smart Reversal EA delivered strong and consistent profitability in a comprehensive backtest on a major pair (likely EURUSD or similar) H1 timeframe. With 90% modeling quality and realistic 5-pip spread, the EA effectively combined Fractal reversal signals with strict EMA distance filtering for oversold/overbought entries, achieving excellent net gains and very controlled drawdown for a reversal/mean-reversion strategy.
✅ Initial Deposit: $15,000
✅ Total Net Profit: $8,409.75
✅ Maximum Drawdown: 24.99% (absolute $4,145.48)
EA119 Monster Fractal MT4 Backtest
Recommended Configuration for EA119 Monster Fractal MT4