Let me introduce myself, my name is Matthew, I am a programmer, web designer, marketing professional, and currency trader. For the past 5 years I’ve been designing a Forex Expert Advisor in the MQL4 programming language that I’ve dubbed MFM5. I am now putting this EA up for sale.
I’ve developed an EA that earns an astonishing 50% a month with a low draw down, in a real live account. My EA is not a martingale, nor does it multiple risk in any way. The EA trades 2 strategies and takes up to 2 trades at a time per pair, 0.01 lots per every $100 in the balance, and the max risk per pair is about 8%. Backtested over 5 years the EA is profitable in every Forex pair, in every market condition!
I designed this EA myself. It is not some piece of junk that I downloaded… I’ve purchased every hyped-up EA under the sun, and none of them worked for me. One big issue with commercial EAs is that they are too complex and overly backtested, something Forex traders call "curve fitting."
I’ve since realized that in-order for an EA to be profitable in forward testing, you need a simple strategy that is profitable in backtesting with all pairs by understanding and continually adapting to recent market conditions.
The key to accomplishing this is understanding that each currency pair is like a person, the market responds differently at different times of day, its actions depend upon it’s recent past actions, and all pairs have a personality. Once you get to the core of market personality, the money simply spills out.
My EA is recommended for 20 different pairs, and uses the same strategy in all pairs. The strategy is simple, it uses default indicator parameters and forward-tests as well as it back-tests. This EA does not use a martingale strategy, it does not multiply risk in any way, or do anything that gives the illusion of increased probability. It will never take more than 2 trades per pair, and never risk more than about 8% per pair. My EA does not require hedging, leverage higher than 50:1 and is FIFO compliant.
The minimum recommended account balance is $1000 for a standard lot account, and $100 for a micro lot account. Any non-desk dealing broker with reasonable spreads and fast execution will do fine.
100% Money Back Guarantee – If your account fails to make a profit within 60 days, using the default settings, I will refund your full purchase, no questions asked.
Many EAs sell for as much as $500 and don’t live up to expectation. I am offering my EA for the introductory price of $99.
The EA and setup instructions will be made available to you right away in your MFM5 account. This is a once in a life-time opportunity for you. Buy my EA now!
"I just wanted to let you know that I really liked your EA and it has been very profitable despite its very low price. In case you will have other EA’s in the future please let me know I am very much willing to buy any EA’s that are coming from you." – Charvel
Is this a grid, martingale EA? No, this a single trade per pair systems, and won’t drawdown more than 8% per pair at default lot sizes.
Can I use the EA with a US Forex broker? Yes, MFM5 does not require hedging or an account leverage greater than 50:1. The EA will work with any broker, as long as they offer fast execution and MT4 (MetaTrader 4 trading platform)
Is the EA broker specific? No. The EA will work with any broker that offers MT4 as a trading platform. Lower spread brokers will produce better results. I am using FXChoice, they accept traders from basically every region in the World, including US citizens.
What is the minimum account balance? The minimum recommended account balance is $100 with a micro-lot account (0.01 minimum lots) and $1000 with a standard account (0.1 minimum lots) If the balance is less than $100, the EA will trade with the minimum lot size by default.
Money Management: The EA comes with built in money management. You can increase or decrease the lot size in percentages, or set the lot size manually.
What are the account restrictions? You can use the EA with 6 accounts, live or demo. You can log into your MFM5 account and add/remove your trading account numbers as needed. There are no IP address or system restrictions.
How does the EA manage news releases? I will turn off the EA from the server during significant news releases and some holidays.
Do you provide settings regularly? Yes. The EA will download the latest setting from the server when it loads. You do not need to worry about downloading *.set files.
Does the EA trade with a stop loss? Yes. You have the option to trade with or without a stoploss.
How will I receive the EA? You will receive login credentials immediately after purchase where you can log in and download the EA.
Updates: You will be able to log into your MFM5 account and download any future updates for free.
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
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