Money Printer EA 4.0 MT5
Money Printer EA is an Expert Advisor designed specifically for trading Gold and Forex.⚡ It good to combo with Buy Sell Signals to follow Trend and Sellect Buy Only/Sell Only for EA work Semi-Automatic.
⚡ Recommend ECN broker with LOW SPREAD: IC Market , Exness, NordFX , FXPRIMUS , Alpari , FXTM
⚡ 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/
- Max order – Maximum of orders.
- 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‘
– 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