The Men Of Wealth V2 Forex robot for MT4 uses a mix of price action strategies to automatically open and close trades on your behalf.
The EA has an amazing 83.02 % win percentage and gained $150.37 profit from a $100 initial deposit during the testing period (see track record below).
The Men Of Wealth V2 bot does not use any dangerous trading methods (grid, martingale) in the hope to turn an array of bad trades back into positive results.
This expert advisor for Metatrader 4 can be used with any Forex broker and works best on the M15, M30 and H1 trading charts.
This EA allows users to set their own preferred stop loss and take profit target.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Strategy Tester Report
Find below the Men Of Wealth V2 EA track record (click on the picture for full size view).
- Profit factor: +1.13
- Winning percentage: 83.02%
- Drawdown: 36.57%
- Wins/losses ratio: 4.89
Download This Expert Advisor
Recommendations & Specifications
- Trading instruments: any Forex pair + Gold
- Time frames: M15, M30, H1
- Minimum account balance: $100
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
The picture below shows the Men Of Wealth V2 expert advisor attached to the EUR/USD 30-minutes chart.
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
Magic number, lots, stop loss, take profit, slippage, maximum orders
How to install and run the Men Of Wealth V2 EA?
- 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 Men Of Wealth V2.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 Men Of Wealth V2 EA!