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Name: EA Monolith
Version: v2.20 New Version
Developer by: Vasiliy Kolesov
The Right Platform: Meta Trader 4 (MT4)
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EA Monolith MT4 is a cutting-edge, fully automated Expert Advisor (EA) engineered for effortless and efficient trading in the Forex market on the MT4 platform. Designed with versatility in mind, this powerful trading algorithm supports multicurrency trading and is specifically optimized for accounts using “netting” order systems, while not accommodating hedging strategies.
Equipped with intelligent risk management and a highly adaptive trading approach, EA Monolith MT4 seamlessly caters to both aggressive and conservative trading styles. Whether you aim for high returns or prioritize cautious growth, this EA delivers exceptional performance tailored to your risk preference.
Main Features of EA Monolith MT4
Fully Automated Trading: Operates independently without any need for manual control, allowing for seamless trading.
Multicurrency Compatibility: Capable of trading multiple currency pairs at the same time, enhancing trading diversity.
Specialized Gold Trading: Pre-set configurations specifically tailored for trading gold (XAU/USD), maximizing efficiency in precious metals markets.
Advanced Drawdown Protection: Automatically closes all open orders if a critical drawdown level is reached, safeguarding your capital.
Integrated News Filter: Pauses trading during significant U.S. economic events to reduce exposure to sudden market movements.
Flexible Risk Settings: Choose between aggressive and conservative strategies to match your individual risk tolerance.
Single Chart Management: Install the EA on a single chart while effortlessly managing trades across multiple currency pairs.
Custom Trading Hours: Adjust trading times to align with your strategy, including the option to close trades early on Fridays for added safety.
Web API Integration: Supports real-time news filtering by linking to external economic data sources.
Personalized Currency Pair Selection: Manually configure the EA to trade your preferred currency pairs.
Optimized Trade Execution: Designed for brokers offering fast execution speeds and low spreads for maximum profitability.
Scalable Solution: Works effectively with both small cent accounts and larger investment portfolios, offering flexibility for all traders.
Maximized Profit Potential: Customizable risk settings empower traders to fine-tune strategies for optimal returns.
Enhanced Safety Measures: Integrated drawdown protection and news filtering help reduce risk exposure during volatile market conditions.
Effortless, Stress-Free Trading: Fully automated execution eliminates emotional bias, saving time and effort while maintaining consistency.
Adaptive Trading Approach: Accommodates both aggressive, high-risk strategies and conservative, long-term investment plans.
Broad Account Compatibility: Designed to work seamlessly with a wide range of account types and deposit sizes, from small cent accounts to large portfolios.
Quick and Easy Setup: Intuitive installation with pre-configured settings ensures a hassle-free start, even for beginners.
With EA Monolith MT4, traders gain the advantage of increased profitability, reduced risk, and a streamlined trading experience, all tailored to individual preferences and goals.
The EA Monolith has been tested on the EUR/USD currency pair using a 1-minute (M1) timeframe, covering an extended period from January 1, 2015, to October 19, 2019. The test was conducted on the MetaQuotes-Demo platform, reflecting realistic trading conditions, with an initial deposit of $1,000. The EA was configured with conservative settings, focusing on low risk and steady growth.
Initial Deposit: $1,000
Total Net Profit: $9,798,082 (Account grew by approximately 979,708.2% over 4 years and 9 months)
Maximal Drawdown: 13.43% (Moderate drawdown, reflecting controlled risk)
Profit Trades: 96% (High win rate, indicating consistent profitability)
The EA Monolith has proven to be an exceptionally reliable and profitable trading tool for the EUR/USD pair. It balances low risk and high return, making it an ideal choice for traders seeking long-term growth and capital safety. The consistent upward equity curve demonstrates the EA’s capability to deliver steady returns without exposing the account to excessive risk.
The EA Monolith was tested on the XAU/USD (Gold) pair using a 1-hour (H1) timeframe over a period from January 2022 to July 2022. The backtest was performed on the ICMarkets-MT5 platform under realistic trading conditions, starting with an initial deposit of $1,500.
Initial Deposit: $1,500
Total Net Profit: $12,995.67 (Account growth of approximately 866.38% over 6 months)
Maximal Drawdown: 5.10% (Low drawdown, indicating strong risk management)
Profit Trades: 95.16% (High win rate, demonstrating consistent trading success)
The EA Monolith MT4 has been thoroughly tested on the EUR/USD currency pair using a 1-minute (M1) timeframe, covering the period from January 1, 2018, to October 19, 2019. The backtest was conducted on the MetaQuotes-Demo platform, reflecting realistic trading conditions. The test started with an initial deposit of $500.
Key Performance Metrics:
Initial Deposit: $5000
Total Net Profit: $62.841 (Account grew by an astounding 1256% over 21 months)
Maximal Drawdown: 2.07% (Indicates a moderate level of risk relative to the high profitability)
Profit Trades: 96.69% (Extremely high win rate, highlighting consistent trade accuracy)
Name | Fit |
---|---|
Trading platform | Meta Trader 4 (MT4) |
Time frames | M5, H1 |
Currency pairs | Gold, EURUSD, GBPUSD (Any) |
Min / Recommended deposit | $3,000 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗
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