Magneto EA v1.0 MT4 with SetFiles (Unlimited)
Magneto EA stands out as the most user-friendly day trading robot, equipped with all the lucrative setfiles for currency pairs, specifically targeting EURUSD.
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What is Magneto EA?
Magneto EA is a user-friendly day trading robot, designed for effortless trading with highly profitable setfiles for currency pairs such as EURUSD. This Expert advisor (EA) is compatible exclusively with MetaTrader 4 (MT4) and operates on the M5 time frame.
To start trading with Magneto EA, a minimum deposit of $1,000 is required. The installation and usage process is simple, making it a convenient choice for traders of all experience levels, even those with no prior knowledge of trading.
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Key Features & Benefits
- Advanced Trading Algorithm: At the core of Magneto EA is an advanced trading algorithm crafted to analyze market conditions, detect trends, and execute trades with precision.
- Smart Risk Management: Magneto EA incorporates adaptive risk management strategies to optimize the risk-reward ratio, safeguard capital, and improve overall trading outcomes.
- Active Capital Management: Magneto EA automatically integrates Stop loss (SL) and Take profit (TP) levels on all opened trades.
- Comprehensive Multi-Timeframe Analysis: The EA performs multi-timeframe analysis, providing a detailed view of market dynamics. By evaluating different timeframes, Magneto EA enhances its ability to make informed and strategic trading decisions.
- Proven Consistent Profitability: With a track record of consistent profitability across various market conditions, Magneto EA demonstrates its resilience and reliability in achieving positive results for traders.
- Intuitive User-Friendly Interface: Magneto EA features a user-friendly interface designed for traders of all experience levels. Its intuitive layout ensures seamless installation, easy configuration, and straightforward navigation, making trading accessible to everyone.
Magneto EA MT4 Review
The Magneto EA has demonstrated outstanding backtested trading results, achieving impressive profit performance in 2024. Specifically developed and fine-tuned for trading the EURUSD currency pair on the M5 timeframe, this expert advisor has proven to be a reliable and efficient tool for traders seeking consistent gains. With advanced optimization strategies, Magneto EA provides exceptional trade opportunities, maximizing profitability while minimizing risk.
- Trading with a capital of $1,000, the total profit achieved was $2,700 in 7 consecutive months of trading, using a Lot level of 0.05. The risk level was well optimized Maximum drawdown: 20.78% and the win rate on total orders was 73.29%.
- Trading with a capital of $1,000, the total profit achieved was $3,463 in 5 consecutive months of trading, using a Lot level of 0.08. The risk level was well optimized Maximum drawdown: 29.97% and the win rate on total orders was 75.11%.
- Trading with a capital of $2,000, the total profit achieved is $6,671 in 5 consecutive trading months, using a Lot level of 0.15. The risk level is well optimized Maximum drawdown: 29.11% and the winning rate on the total number of trading orders is 75.11%.
How to Use the EUR/USD Trading Strategy
- Pair: EUR/USD
- Time Frame: Set the chart to the 5-minute time frame
- Trading Hours: Active from Monday to Friday, between 12 AM EST to 7 AM EST
- Avoid: High-impact USD news at all times to minimize risk
- Risk Management:
- For Prop Firms: Use a position size of 1.00 lots per every 100k
- For Live Accounts: Use a position size of 2.00 lots per every 100k
- Lot Multiplier: 1.5
- Take Profit: 6.0 pips
- Stop Loss: 100 pips
Make sure to follow these guidelines to optimize your trading strategy for maximum efficiency and minimal risk.
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
Features | Type |
---|---|
Trading platform | MetaTrader 4 (MT4) |
Minimum / Recommended deposit | $1,000 |
Time frames | M5 |
Currency pairs | EURUSD |
Setup files | Available |
Product type | NoDLL / Unlimited / Unlocked |
Additional services | Unlock and Decompile |
Recommended brokers | Exness Broker, HTFX Broker |
Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
Product download package includes
The download package of the product suite includes:
- Experts: Magneto EA v1.0.ex4
- Presets:
- EURUSD_$1K_High Risk.set
- EURUSD_$1K_Low Risk(0.02).set
- EURUSD_$1K_Low Risk.set
- EURUSD_$1K_Medium Risk.set
- EURUSD_$2K_High Risk.set
- EURUSD_$2K_Low Risk.set
- EURUSD_$2K_Medium Risk.set
Conclusion
In conclusion, Magneto EA is a standout choice for anyone looking to enhance their automated forex trading experience. With its advanced algorithm, reliable risk management, and consistent profitability, it offers a significant edge in the dynamic world of forex trading. Both experienced traders and beginners can benefit from the precision and adaptability that Magneto EA brings to the table, making it an essential tool for traders seeking a robust and effective automated trading solution. Whether you’re aiming for consistent profits or looking to improve your trading strategies, Magneto EA proves to be a valuable asset in the ever-evolving forex market.
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User Reviews
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FAQs
1. What is Magneto EA and how does it work?
Magneto EA is an automated trading robot designed for day trading, specifically targeting currency pairs like EURUSD. It uses an advanced algorithm to analyze market conditions, detect trends, and execute trades on the MetaTrader 4 (MT4) platform.
2. What is the minimum deposit required to start using Magneto EA?
The minimum deposit required to start trading with Magneto EA is $1,000.
3. Which trading platform is Magneto EA compatible with?
Magneto EA is compatible exclusively with MetaTrader 4 (MT4).
4. What time frame does Magneto EA use for trading?
Magneto EA operates on the M5 (5-minute) time frame for optimal trade execution.
5. What currency pairs can I trade with Magneto EA?
Magneto EA is designed for trading the EURUSD currency pair.
6. What is the recommended capital for trading with Magneto EA?
The recommended starting capital is $1,000, but it can be adjusted based on your risk tolerance and trading goals.
7. What are the typical results of trading with Magneto EA?
Magneto EA has shown consistent profitability, with backtests showing impressive profits such as $2,700 over 7 months with a $1,000 capital and a 73.29% win rate.
8. How does Magneto EA manage risk?
Magneto EA uses smart risk management strategies, including setting Stop Loss (SL) and Take Profit (TP) levels for each trade, helping to safeguard capital and optimize profit potential.
9. Can beginners use Magneto EA?
Yes, Magneto EA is user-friendly and suitable for both beginners and experienced traders. Its intuitive interface makes installation and configuration straightforward, even for those with no prior trading experience.
10. What are the recommended brokers and VPS for Magneto EA?
The recommended brokers for using Magneto EA are Exness Broker and HTFX Broker. For VPS services, MyfxVPS.com is recommended for low latency, with a free 2-week trial and extended free service for 12-18 months.
Original price was: $599.00.$59.00Current price is: $59.00.
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