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Editor'S Choice - 2020

Monetizer Advisor - just turns time into money

Hello, dear Forex traders. During the crisis, we all want some kind of stability, as far as this word is applicable to trading. We present to your attention a profitable Forex advisor "Monetizer". Its distinctive feature is a confident stable yield, moreover, it does not use dangerous trading methods, such as martingale, order grids, locking, etc. This advisor reliably turns the time of his work on the account into your money.

Advisor Characteristics

Platform: Metatrader 4
Advisor Version: 1.15
Currency pairs: AUDUSD, EURUSD, GBPUSD, NZDUSD
Timeframe: M15
Work time: round the clock
Recommended brokers: Alpari (ECN accounts), Roboforex


Installation help

We install the adviser as usual. If this is your first time encountering Forex robots and you have a bunch of questions, download and watch the Forex course on Autopilot.

Attention! In this adviser, the settings for each pair are individual; use set files (see the archive at the end of this article). For EURUSD, the default settings.


Advisor Strategy

The EA refers to trending robots that trade with increased volatility. Trading style: entering the trend after the formation of a wave of correction impulse. The EA does not use loss averaging methods, such as martingale, grid, etc., and is a low-risk and stable trading robot.


Advisor Backtests

Backtests are made for each pair separately, as Metatrader 4 platform does not allow multicurrency tests.

EURUSD

2012-2014

Consider the results for each month:

The test results are very good. However, pay attention to long periods of drawdowns in individual years.


AUDUSD

2012-2014

Consider the results for each month:

The test results are acceptable.


GBPUSD

2012-2014

Consider the results for each month:

The test results are acceptable.


NZDUSD

2012-2014

Consider the results for each month:

The test results are very good.


Output: All 4 pairs used show a steady increase in profits without significant drawdowns. However, for a long time, the profitability of the adviser can "stagnate". You have to be prepared for this.

Links to backtests used in the article (for self-analysis):

Monetizator EURUSD 2012 2014

Monetizator AUDUSD 2012 2014

Monetizator GBPUSD 2012 2014

Monetizator NZDUSD 2012 2014


Description of settings

  • LotSize - fixed lot size
  • Magic- magic of orders on this pair
  • BotComment - comment on advisor orders
  • SL - stop loss
  • entrySigma - the value of the Sigma parameter of the built-in indicator
  • limitDelta - value of the Delta parameter of the built-in indicator
  • limitDeltaPos1 - step (in pips) for calculating the opening of a position by an adviser for the first strategy
  • limitDeltaPos2 - step (in pips) for calculating the opening of a position by an adviser for the second strategy

Options SL, entrySigma, limitDelta, limitDeltaPos1, limitDeltaPos2 can be optimized (only for experienced traders).

Attention! Do not change anything in the parameters of the adviser and use only the recommended values, if you do not exactly understand what you are doing!

Recommended Money Management

It is recommended to set a lot of 0.01 for every 200 currency units in the account. For each pair. Those. if you want to trade 4 pairs, the minimum deposit should be greater.

Account typeMinimum lot and lot stepMin starting depositBrokers Examples
Cent-NDD0.01$ 2 (200 cents)Forex4you
Cent0.1$20Roboforex
Standard0.01$200Alpari
Pro accounts0.1$2000The classic type of account with most brokers

Total

Advisor Monetizer is a profitable trend trading robot, the success of which is confirmed by both tests and a real account. However, periods of slowdown in profitability growth can take place and be long. As always, do not forget about risk management and common sense. Also note that the adviser does not trade often.


Important !

For the EA to work correctly, the trading terminal must be switched on from the market opening on Sunday evening until it closes on Friday evening. If you are unable to keep the computer operational 24/5, it is recommended to use the VPS server service.


Watch the video: Cheque Discounting Program of ARGO WEALTH MANAGEMENT LLC (February 2020).

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