Minotaur EA MT4 (Latest version) - Unlimited
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What is Minotaur EA?
Minotaur EA is an automated Expert Advisor (EA) built to generate consistent signal-based trading using a structured grid approach with controlled martingale logic. Designed for multi-currency deployment, it focuses on adaptability in ranging markets, basket-based profit management, and systematic risk control. The EA is suitable for traders seeking automated execution with adjustable exposure and recovery mechanisms.
Vendor website: View here
About the Author
This product is compiled by Dmitry Shutov. This author has more than +10 years of experience working on MQL5 with many famous products such as Minotaur EA MT4, Sur Ron EA MT4, Vulkan EA MT4, Summit Of Mountains MT4, Life Expert EA MT4 and other advisors. Among them, Minotaur EA is his best performing product.
Minotaur EA MT4 Review
Key Features of Minotaur EA for MT4
🔹 Multi-Currency Deployment: Supports running on multiple pairs simultaneously using unique magic numbers.
🔹 Basket Profit Management: Closes grouped trades once predefined profit targets are reached.
🔹 Configurable Grid Spacing: Adjustable step distance controls trade frequency and margin usage.
🔹 Controlled Martingale Scaling: Uses moderate lot multiplication to recover drawdowns gradually.
🔹 Low Initial Lot Requirement: Designed to start with small lot sizes suitable for modest balances.
Why Choose & Use Minotaur EA?
🔹 Adaptable Risk Configuration: Enables traders to fine-tune profit targets, grid depth, and exposure.
🔹 Designed for Signal Account Growth: Suitable for building trackable performance over time.
🔹 Stable Execution Logic: Maintains consistent behavior across different trading conditions.
🔹 Effective for Small to Medium Accounts: Optimized for balances starting from moderate capital.
🔹 Clear Risk Structure: Transparent parameters help traders understand drawdown and recovery behavior.
Minotaur EA MT4 Review
🔹 Grid-Based Order Placement: Opens sequential trades at fixed price intervals in the same direction.
🔹 Martingale Recovery Logic: Increases position size progressively after unfavorable price movement.
🔹 Basket-Level Exit Strategy: Closes all trades once cumulative profit thresholds are achieved.
🔹 Mirrored Pair Optimization: Allows shared magic numbers on correlated pairs to balance exposure.
🔹 Range Market Optimization: Performs best in low to medium volatility, sideways market conditions.
Minotaur EA Backtest
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Time frames | Any |
| Currency pairs | EURUSD |
| Minimum / Recommended deposit | $100 |
| Minimum / Recommended leverage | Any |
| Account types | Any |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets 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?
The download package of the product suite includes:
Experts: Minotaur EA_fix.ex4
Conclusion
In short, Minotaur EA is the perfect solution for those who want to systematically grow their account. By using controlled basket and Martingale strategies, this robot helps you navigate sideways market phases effortlessly with clear profit targets. It’s a great tool for building a signal account with consistent long-term performance.
User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is Minotaur EA MT4?
Minotaur EA MT4 is an automated trading robot developed by Dmitry Shutov that uses a grid-based strategy and martingale logic to manage trades on the MetaTrader 4 platform.
❓ Who is the developer of Minotaur EA?
The EA was created by Dmitry Shutov, a professional MQL4/MQL5 developer with over 10 years of experience and the founder of the Mizrael signal brand.
❓ Does Minotaur EA work on all currency pairs?
While it can run on any pair, it is optimized for major Forex pairs like EURUSD, GBPUSD, and USDJPY. It is highly recommended to run it on multiple pairs simultaneously to diversify risk.
❓ What is "Basket Profit" in Minotaur EA?
Basket Profit is a feature where the EA monitors the total net profit of all open trades in one direction. Once the sum exceeds your target, it closes the entire group of trades to lock in gains.
❓ Is Minotaur EA high risk?
Yes, like all martingale and grid EAs, Minotaur EA is considered a high-risk/high-reward tool. It can generate consistent profits in ranging markets but requires careful capital management during strong trends.
❓ What is the minimum deposit for Minotaur EA?
You can start with $100 on a Cent account. For Standard accounts, a minimum of $1,000 is recommended to support the lot scaling (martingale) cycles during drawdowns.
❓ How do "Mirrored Pairs" help reduce risk?
By using the same Magic Number on mirrored pairs (like EURUSD and USDCHF), the EA treats them as a single portfolio, allowing profits from one pair to offset temporary drawdowns on the other.
❓ Do I need a VPS for Minotaur EA?
Absolutely. Since Minotaur EA needs to monitor and close trade "baskets" 24/5, any downtime could cause the grid to fail. A low-latency Forex VPS is mandatory for safety.
❓ What is the "Step" parameter in Minotaur EA?
The Step parameter defines the minimum distance (in points or pips) between orders in the grid. A larger Step reduces trading frequency but increases the account's resilience to market swings.
❓ Can I use Minotaur EA for Prop Firms?
Most Prop Firms forbid martingale and high-drawdown grid strategies. Unless you are using a specific "Prop Firm" set file with strict daily loss limits, Minotaur EA is generally not recommended for funded challenges.
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