Money Printer EA MT5

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Product Description

Money Printer EA MT5

V4

⭐⭐⭐⭐⭐

Money Printer EA is an Expert Advisor designed specifically for trading Gold and Forex.

⚡ Recommend ECN broker with LOW SPREAD: ICMarket , Rakuten , NordFX , FXPRIMUS , BDSwiss , Tickmill 

⚡ MT4 version:  https://www.mql5.com/en/market/product/58493

⚡ Live Signals: https://www.mql5.com/en/signals/841118

First, before attach EA to chart, you need add http://calendar.fxstreet.com/ in the list of allowed url in the tab ‘Expert Advisors‘Tool —> Option —> Expert Advisors —> Allow WebRequest for listed URL http://calendar.fxstreet.com/

SETTINGS

  • Open new series – on / off beginning of a new series of orders.
  • Start lots – start lot.
  • Trade Buy – allow the adviser to buy.
  • Trade Sell – allow the adviser to sell.
  • Use hedge – allow the adviser to trade both direction buy and sell. If off only one trade direction.
  • Use Money Management – on / off use of automatic lot calculation.
  • Autolot. Free margin for each 0.01 lot – the amount of free margin for opening every 0.01 lots.
  • Lot miltiplier – lot multiplier for the following orders.
  • TP – take profit, in pips.
  • SL – stop loss, in pips from the first order.
  • Grid Step – distance between orders.
  • Trail Start – activation of a trailing stop.
  • Trail Step – distance from the price when activating a trailing stop.
  • DD Reduction Algoritm – drawdown reduction algorithm it when last order with profit will be close with first order series with loss.
  • Overlap_Orders –  from which order the drawdown reduction algorithm is activated.
  • Overlap_Pips – pips of profit when closing orders in the drawdown reduction mode.
  • Magic – is a special number that the EA assigns to its orders.
  • Start, End hour – time for opening the first order.
  • Maximum Lot – maximum lot.
  • Maximum spread – the maximum spread for the adviser.
  • News: add http://calendar.fxstreet.com/ in the list of allowed url in the tab ‘Expert Advisors

EA Recommend:

– XAUUSD M15 default settings for 2 difgits quotes (1900.00 2 digits 1900.000 3 digits need change Step_Grid to 2000 )

– For Forex pairs change TP 100 and can use default settings M15 EURUSD GBPUSD AUDUSD AUDCHF USDCAD NZDUSD USDJPY USDCHF

– Min deposit: 1,000$ Forex, 10,000$ Gold

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