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Expert: Monarchal Algo EA V3.3_fix_1420.ex4 (Unlocked MT4 Build 1420+), NO MANUAL.
Fully Automatic Multicurrency Trading Machine — MT4 Expert Advisor
This Expert Advisor is built on a unique trading strategy that analyzes trading volumes and instrument movement statistics, developed by the author and proven to deliver consistent results over the past 7 years.
Key Features and Testing
Multicurrency Trading: Trades multiple currency pairs simultaneously using three distinct strategies with a dynamic lot sizing system that adapts to your deposit load and the number of active instruments.
Robust Backtesting: Thoroughly tested since 2016 on MT5 using 99.9% real tick data for accurate simulation.
Smart Lot Management: Dynamic lot sizes based on deposit size and current trading load, ensuring efficient capital use.
Recommended Currency Pairs
EURNZD
GBPAUD
EURUSD
CADCHF
USDCAD
GBPUSD
EURAUD
GOLD (XAUUSD)
Strategy Modes & Deposit Recommendations
Conservative: Minimum $500 deposit
Medium: Minimum $1,000 deposit
Aggressive: Minimum $2,000 deposit
Advantages
No Martingale or Scalping techniques used—reduces risk and increases stability.
Not affected by economic news releases—operates independently of news volatility.
Compatible with any broker and commission type.
Extensive multicurrency backtesting with 99.9% real tick data ensures reliability.
Suitable for both conservative trading and aggressive deposit growth.
Customizable additional protection systems for safer trading.
Fully automatic operation—no complicated settings required.
How It Works
Install the EA on the chart of any recommended currency pair and set the timeframe to 1 hour (H1). The EA will automatically open trades on all other recommended pairs simultaneously.
EA Settings Explained
Lots: Fixed lot size per trade (if not using dynamic sizing).
Magic: Unique magic number for trade identification.
MaxPairsInTrade: Maximum number of instruments traded simultaneously.
Slippage: Maximum allowed slippage for trade execution.
Comment Orders: Custom comments added to each order.
Trade Strategy: Select from
Fixlot
,Conservative
,Medium
, orAggressive
modes.Drying: (True/False) Enables an additional protection system that pauses opening new trades when drawdown exceeds a specified percentage.
DryPercent: Defines the drawdown percentage threshold at which the protection system activates when Drying is enabled.
Trading Panel Controls
Start: Click to activate the Expert Advisor. Once running, the status displays “Advisor works”.
Close All: Closes all open trades and stops the EA. To restart, press Start again.
Silent Stop: Stops opening new trades quietly but lets existing trades close naturally with profit before stopping completely. Press Start to resume.
This fully automated Expert Advisor offers a versatile, low-risk approach to multicurrency trading, suitable for traders of all experience levels aiming for steady, sustainable growth.