The Money Tree EA for Metatrader 4 trades Forex fully automated and uses a mix of proprietary trading strategies and momentum filters.
The EA analyses the markets and searches for the best possible entry points coupled with low risk.
If there’s too much risk involved, the EA will skip the trade and looks for the next trade opportunity.
Money Tree works on any trading instrument and time frame.
It also includes a money management tool (inputs).
In terms of profitability, the EA made a $1904,72 profit with only 3.7% maximum drawdown.
As always, please test the Money Tree EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “Monetree EA.ex4” expert advisor
Track Record
Find below the detailed Money Tree EA expert advisor track record (click on the picture for full size view).
Key Points
- Algo trading: 100%
- Profit: $1904,72
- Profit trades: 67.8%
- Drawdown: 3.7%
Chart Example
The picture below shows the Money Tree EA attached to Euro/U.S. Dollar 1-hour trading chart.
Recommendations & Specifications
- Should work for any time frame
- Any Forex pair should work
- Minimum account balance: $200
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Use loop warning, loop, lots, take profit, distance, multiplier, maximum spread, floating percent, magic number, money management
Download This Expert Advisor
Download the “Monetree EA.ex4” EA
How to install and run the Money Tree EA in Metatrader 4?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the Monetree EA.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the Money Tree Forex Robot!