EA Monolith MT4 v2.20 with SetFiles (Unlimited)

EA Monolith MT4 – The Ultimate Automated Forex Trading Solution

EA Monolith MT4 is a fully automated, multicurrency Expert Advisor (EA) designed for seamless trading in the Forex market on the MT4 platform. This advanced trading algorithm is optimized for accounts with “netting” orders and does not support hedging. With its intelligent risk management features and highly adaptive strategy, EA Monolith is an ideal tool for both aggressive and conservative traders.

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About the Author

This product is compiled by Vasiliy Kolesov. This author has more than +8 years of experience working on MQL5 with many famous products such as EA Monolith MT4, Mr Martin MT4 and other advisors. Among them, EA Monolith MT4 is his best performing product.

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>>> Order MT4 on the market with a fixed price of $249, you will get the current version without any limitations (ID+Time).

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EA Monolith MT4 Overview

Key Features

✔ Fully Automated Trading: EA Monolith MT4 operates autonomously, requiring no manual intervention.
✔ Multicurrency Support: The Expert Advisor can trade multiple currency pairs simultaneously.
✔ Optimized for Gold Trading: Pre-configured settings specifically designed for trading gold (XAU/USD).
✔ Drawdown Protection: Automatically closes all orders when a critical drawdown threshold is reached, ensuring deposit safety.
✔ News Filter Integration: Avoids trading during high-impact U.S. news events for improved risk management.
✔ Customizable Settings: Offers aggressive and conservative settings for different risk appetites.
✔ Single Chart Installation: EA is installed on one chart while managing multiple currency pairs.
✔ Adjustable Trading Hours: Users can modify trading times, such as ending trades early on Fridays for safer operations.
✔ Web API Support for News Filtering: Requires adding external web sources for real-time economic news filtering.
✔ Customizable Trading Pairs: Users can manually input preferred currency pairs in settings.
✔ Optimized Execution: Best suited for brokers with fast execution and low spreads.
✔ Scalability: Suitable for both small cent accounts and large investment portfolios.

Key Benefits

✔ Increased Profit Potential: Adjustable risk settings allow traders to optimize profitability.
✔ Minimized Risk Exposure: Built-in drawdown protection and news filtering enhance safety.
✔ Time-Saving & Effortless Trading: Fully automated execution removes emotional decision-making.
✔ Versatile Trading Strategy: Supports aggressive high-risk trading or conservative long-term investments.
✔ Flexible Account Compatibility: Works with various account types and deposit sizes.
✔ Easy Setup & Configuration: Simple installation process with pre-configured settings.

EA Monolith MT4 Review

The EA Monolith has been tested on XAUUSD (Gold) with a 1-hour (H1) timeframe over an 11-month period from January 2021 to November 2021. With an initial deposit of $1,000, it achieved a total net profit of $1,670.92, nearly tripling the account balance. The backtest results indicate high profitability, an exceptional win rate, and a relatively controlled drawdown, making it a potentially strong EA for gold trading. Key performance metrics:
✔ Initial Deposit: $1,000
✔ Total Net Profit: $1,670.92 (Account grew by 267% in 11 months)
✔ Maximal Drawdown: 2.19%
✔ Profit Trades: 99.71%

EA Monolith MT4 Backtest Results

EA Monolith – Trading XAUUSD (Gold) pair on M15 timeframe backtest analysis. Key performance metrics:
✔ Initial Deposit: $3,000
✔ Total Net Profit: $21,876.19 (Account balance increased to $24,876.19 in 6 months)
✔ Maximal Drawdown: 0.32%
✔ High Win Rate: 99.76%

EA Monolith Backtest

EA Monolith – Trading GBPUSD pair on H1 timeframe backtest analysis. Key performance metrics:
✔ Initial Deposit: $5,000
✔ Total Net Profit: $37,809.12 (Account balance increased to $42,809.12 in 12 months)
✔ Maximal Drawdown: 0.49%
✔ High Win Rate: 97.83%

EA Monolith MT4 Backtest

EA Monolith – Trading EURUSD pair on H1 timeframe backtest analysis for 12 months (2017.01.09 – 2017.12.29). Key performance metrics:
✔ Initial Deposit: $10,000
✔ Total Net Profit: $54,690.18
✔ Maximal Drawdown: 2.07%
✔ High Win Rate: 94.90%

EA Monolith MT4 Backtests

EA Monolith – Trading GBPUSD pair on H4 timeframe backtest analysis for 2 years (2020.01.01 – 2021.12.06). Key performance metrics:
✔ Initial Deposit: $30K
✔ Total Net Profit: $7,6M
✔ Maximal Drawdown: 1.07%
✔ High Win Rate: 99.32%

EA Monolith Backtests

User Reviews and Feedback

EA Monolith MT4 demonstrates remarkable potential in delivering stable and reliable profits, making it a reliable tool in the forex market. EA Monolith is highly regarded by the MQL5 community in many aspects and has gained the trust of its users.

✔ Buy_sell (2020.11.11): “A very good professional tool, the price/quality ratio is five stars. However, it requires an understanding of the principle of its operation and strict adherence to the developer’s recommendations, otherwise, in inept hands, like any professional tool, it can be dangerous. I recommend it to everyone.”

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

>>> Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

1. Experts:

✔ EA Monolith MT4 v2.20_Unlimited.ex4

2. Presets:

✔ EA_Monolith_agress_Liht_NEO_version.set
✔ EA_Monolith_50_a7rry.set
✔ EA_Monolith_agressiv_NEO_v_ebcb_w7g_zph.set
✔ EA_Monolith_agressiv_NEO_v_e1bw_w6j2_1e.set
✔ EA_Monolith_agressiv_NEO_version.set
✔ EA_Monolith_agressiv__1.set
✔ EA_Monolith_agressiv.set
✔ EA_Monolith_conserv.set
✔ EA_Monolith_Cons_c_30K_bank.set
✔ EA_Monolith_conservNeo.set
✔ Monolith_4_pary.set
✔ Monolith_4_pary_330_10__qu.set
✔ Monolith_Working.set
✔ Monolith_gold_ICM.set
✔ Monolith_GBPUSD.set
✔ Monolith_NZDUSD.set
✔ Monolith_gold_1.set
✔ EA_monolith_v1.9_nzdusd_konserv.set
✔ EA_monolith_v1.9_gbpusd_konsrev.set
✔ EA_monolith_v.1.9_nzdusd_agress.set
✔ EA_monolith_v.1.9_gbpuas_agress.set
✔ Setting Guide.pdf

Conclusion

EA Monolith MT4 stands out as a cutting-edge, fully automated trading solution designed to maximize profits while minimizing risks in the Forex market. With its multicurrency support, optimized gold trading capabilities, and advanced risk management features like drawdown protection and news filtering, this Expert Advisor is a must-have for traders seeking efficiency and profitability.

Backed by extensive backtesting results and real-user reviews, EA Monolith has demonstrated impressive win rates, low drawdowns, and significant profit potential across multiple currency pairs. Whether you’re an aggressive trader looking for high returns or a conservative investor aiming for steady growth, this EA offers customizable settings to match your risk tolerance.