Monarchs Trade Machine EA MT4 V1.1 + Setfiles

Monarchs Trade Machine EA MT4 Introduction

Monarchs Trade Machine EA MT4 revolutionizes trading by replacing emotional decision-making with systematic statistical analysis and volume-based automation across multiple currency pairs. This MetaTrader 4 Expert Advisor operates on H1 timeframe with three distinct trading strategies ranging from conservative to aggressive risk profiles, supporting eight major pairs and gold. Backtest data reveals the aggressive strategy generated $262,982 profit over 5+ years with transparent performance documentation, demonstrating commitment to honest results over marketing hype.

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Key Highlight

• Complete Automation Suite: Offers three selectable trading strategies with dynamic lot sizing, multi-pair capability, customizable magic numbers, and comprehensive position management controls

• Volume-Statistical Strategy: Employs sophisticated trading volume analysis integrated with statistical patterns to identify opportunities, explicitly avoiding news-dependent signals while incorporating protective “Drying” mechanism for risk control

• Built-in Risk Management: Features intelligent capital management through dynamic lot sizing, strategy selection for various risk tolerances, and deliberate avoidance of high-risk Martingale or scalping methods

• Transparent Performance Data: Medium strategy achieved $68,498 with 16.70% drawdown, aggressive strategy produced $262,982 with 21.46% maximum drawdown, all tested on 99% real tick data quality

• Risk Disclosure: Substantial drawdown potential documented (16-21%), strategy complexity requires understanding, thorough demo testing essential before live implementation

Monarchs Trade Machine EA MT4 Recommended

• Trading Platform: MetaTrader 4 (MT4)
• Supported Pairs: EURUSD, GBPUSD, EURNZD, GBPAUD, EURAUD, CADCHF, USDCAD, GOLD (XAUUSD)
• Account Types: Compatible with standard and ECN account structures
• Timeframe: H1 recommended primary timeframe, adaptable to other periods
• Leverage: 1:500 recommended – ensure broker compatibility and understand leverage risks
• Minimum Balance: $1,000 for Medium strategy, $2,000 for Aggressive strategy

Installation and Usage Tips

• Lot Management: Configure fixed lot size (0.01-0.1) or enable Dynamic parameter for percentage-based automatic sizing
• Trade Identification: Set unique Magic number (77777 default) to differentiate EA trades from manual positions
• Exposure Control: Limit Max pairs in trade (3 recommended) to manage simultaneous market exposure
• Strategy Selection: Choose TradeStrategy based on risk preference – Medium for stability, Aggressive for higher returns
• Dynamic Sizing: Enable Dynamic/DepoPercent for automatic lot adjustment based on account balance percentage
• Account Protection: Configure Drying/DryPercent (10% default) for automated risk management and trade protection
• Safety Protocol: Test extensively on demo account, begin with conservative settings, ensure adequate account capitalization

Monarchs Trade Machine EA MT4 Review

Monarchs Trade Machine delivers systematic automated trading through volume statistical analysis, eliminating emotional trading while requiring careful strategy selection due to significant drawdown exposure. Most suitable for intermediate traders with risk management experience seeking consistent automation.

Backtest Performance Summary:
• Medium Strategy (2016-2021): $68,498 total profit, 2.06 profit factor, 16.70% relative drawdown

• Aggressive Strategy (2016-2021): $262,982 total profit, 21.46% equity drawdown, 99% history quality

• Strategy 1 Results: $44,852 profit, 96.74% winning trades, stable performance metrics

Why Choose Monarchs Trade Machine EA MT4

• Proven Development History: Seven years of strategy refinement with extensive 2016-2021 backtesting across multiple market cycles
• Psychological Trading Solution: Completely automated execution eliminates fear, greed, and emotional decisions that sabotage trading success
• Market-Independent Operation: Statistical approach functions consistently regardless of news events or economic announcements
• Adaptive Risk Framework: Three distinct strategies accommodate different risk appetites with integrated protection mechanisms
• Diversified Market Exposure: Eight currency pairs plus gold reduce single-market dependency risks and smooth performance curves

Conclusion

Monarchs Trade Machine EA MT4 provides systematic automation with documented backtest transparency, though substantial drawdown potential requires experienced risk management capabilities. Optimal for intermediate traders seeking emotion-free trading with proper capital protection measures.

Ready to Use Monarchs Trade Machine EA MT4?

• Telegram Support: https://t.me/+TT_oy2yBiQZjZjE1 
• Email Contact: [email protected]
• Website: cheapforexea.com

Monarchs Trade Machine EA MT4 Download Packages:

• Link download experts:
  • Monarchs Trade Machine EA MT4.ex4
• Presets