Monkey Trader Pro

Monkey Trader Pro is a trading robot for the trading on forex. This is a Trend Following system that trades mainly during Asian and NY sessions.

The EA has been subjected to stress tests for a period of 16 years and passes every year with a very advantageous profit/drawdown ratio.

It analyzes the market without using obsolete indicators and pattern, looking for the main trend, entering the market based on volatility and an  artificial intelligence algorithm to predict the likely future trend.

The maximum accuracy backtests allowed show a high payout rate and good resistance to unexpected market events.

Recommended Test Period 2004 to Today. EURUSD it is not recommended for use on other pairs, without being aware of the increased risks.

if you can not run a backtest, watch the video below.

Recommendations

Settings

• Lot: lot amount with autolot disabled
• Autolot: Enable autolot or disable it
• Risk: risk for autolot calculation
• Magic Number: id for identify Ea orders
• Spread Allowed: spread limit, over no trade will be open
• Parabolic Sar Step: Parabolic Sar Indicator Step
• Parabolic Sar Maximum; Parabolic Sar Indicator Maximum
• Parabolic Sar Reverse Rules: Enable reverse rules for Parabolic Sar
• Parabolic Sar timeframe: Parabolic Sar apply timeframe
• Monday: Enable trading on this Day
• Tuesday: Enable trading on this Day
• Wednesday: Enable trading on this Day
• Thursday: Enable trading on this Day
• Friday: Enable trading on this Day
• Saturday: Enable trading on this Day
• Sunday: Enable trading on this Day
• Enable Buy: Enable Buy Trade
• Enable Sell: Enable Sell Trade
• One trade for one bar: only one trade for each bar
• Order Timeframe: Timeframe for Ea First order
• Max Orders: Maximum number of orders
• Coeff Sum: Position increase coeff
• Minimum Distance: Minimum Distance For secondary Positions
• One Trade Bar Grid: if true, robot can open only one trade for bar for grid orders.
• Timeframe Secondary Order: Timeframe for secondary Trades.
• Take Profit: take profit for orders
• Modify Take Profit for First Order: Use a different take profit for the first order
• Take Profit for first order: take profit for first order
• Close only end of bar: close trades only at the end of M1 bar
• Enable Money Max Loss: Enable Loss Limit in money
• Every Microlot: Moltiply the amount of “money max loss” x 100 x lot
• Stop Trading When Hit: Stop Trading when you hit max loss
• Maximum Monetary loss: Maximum Monetary Loss amount
• Close Friday: Close all trades on Friday, only if they are in profit, and do not open any others.
• Close Friday Hour: closing time on Friday
• Trade Comment: trades comments
• Broker Utc: Broker utc time (usually 2)
• Enable News Filter: Switch to false for disable news filter or to true for enable it.

News Filter Link:   http://ec.forexprostools.com/?columns=exc_currency,exc_importance&importance=1,2,3&calType=week&timeZone=15&lang=1

• Pause After News in minuts: Trading pause after news in minuts
• Pause Before News in minuts: Trading pause before news in minuts
• Enable High Impact News: Switch to true for stop trading in high impact news
• Enable Medium Impact News: Switch to true for stop trading in medium impact news
• Enable Low Impact News: Switch to true for stop trading in low impact news
• News Currency: News filter currency, if you want to filter less currencies, simply cancel it.
• Broker Gmt Offset: Broker current gmt.
• Change Chart Color: Change Chart Color in Scalper Pro Colors
• Show Panel: Show panel