EA SMART MACHINE - PROFIT FROM 2018 UNTIL NOW

 EA SMART MACHINE only trades from levels. He opened the first trade when he received a signal using VSA analysis. If the first trading position is closed positively, the robot will open a new trade. If the quotes move in the opposite direction from the open positions, the robot activates its exit profit algorithm, adding new deals to the market, which increase in size by the average or Martingale method (at the investor's discretion).

Real Monitoring MyFXbook

Attention !!! Please carefully read the rules for installing the adviser, and install it correctly. Before publishing, we checked everything and published only advisers working on our account !!! At least at the time of publication of this article.

Settings

1) Strategy control block. Here you can choose to choose, either the robot will work with the same lot, or transactions will be opened incrementally, or vice versa, go to a decrease in volume but not lower than 0.01 lot.

MoneyManagmentType – (1) – Allows an increase or decrease in the opening volume of the following transactions, the initial lot and the Increase / Decrease coefficient are set separately below.

MoneyManagmentType – (2) – Trading will be carried out only with a fixed lot, which is indicated below. (Averaging).

*** In general, accounts work with parameter 1 – this allows you to close transactions with higher profitability faster, when setting MoneyManagmentType – (2) you will have to wait longer for closing positions.

2) Block control of the initial and subsequent positions.

Constant_or_Balance – true – The volume of the initial order will be constant and equal to the ConstantLot value specified below. false – The lot size of the first order will dynamically change along with the change in the deposit and will depend on the Percentage Of Autolot Volume parameter and the size of the deposit, calculated by the formula:

Lots = AccountBalance() * (RiskPercent / 100.0) / 10000.0

ConstantLot – The parameter sets the initial fixed lot for trading. Works only when Constant_or_Balance is true.

Percentage Of Autolot Volume – The initial lot is set depending on the deposit according to the formula above.

*** As a rule, the majority sets Constant_or_Balance – true and ConstantLot 0.1 – 0.5 lots for every $10,000 deposit, but this does not mean that these are the best settings and changing this parameter can radically change the work of the adviser.

3) A control unit for the parameters that limit the operation of the robot, thanks to these parameters, you can optimize the robot for any tool and achieve ideal profitability.

TakeProfit – the desired value of profit in points when closing an order or a group of orders. Everything is simple here, the higher the value – the higher your profitability from each position you open, the picture shows the value 30, which equals 30 pips or 3 four-digit points.

Step – This parameter is responsible for the minimum allowable distance between two opened orders. The lower this parameter, the more actively the robot will work and vice versa. In the picture above it is 70, which means that the next trade will open no earlier than 70 pips or 7 four-digit points.

MaxOrders – a parameter that limits the number of simultaneously open orders.

4) Money management control block

Use_Restrictions true – enable or false – disable deposit protection by closing all transactions – when the limit value of the maximum drawdown set by you as a percentage of the entire deposit is reached. Most investors do not include this option.

LimitSize – a limiter for the allowable drawdown from trades, indicated as a percentage of the deposit amount. Will only work if the previous parameter is set to True.

5) Magic number

The Magic parameter helps advisers not to get confused when trading in one terminal. If you use several advisors in the terminal, it is necessary that each advisor has its own Magic number, otherwise the advisors’ orders may be confused with each other, and this will lead to a failure. It is also used when trading in two windows.

Other parameters do not affect trading

Important! It is desirable to change the settings when the adviser’s trading is stopped and there are no open deals.

Requirements :

Developer price : Not known FREE for you

Terminal : MT4

Currency pair : EURUSD, GBPUSD, XAUUSD

Timeframe  : M5-M15

Money management : At least 1000 currency units for every pair

VPS Recomended :    VXVM (Ultra low latency)

Broker Recomended : FBS  (Bonus Deposit 100%) or Exness (Trading Enjoy With Zero Spreads)

Conclusion

For me, there is nothing special in this advisor, other advisors based on the martingale system and on average, as the developer claims, $500-1000 is enough for successful trading, although the minimum deposit on his account is at least $9000 and withdrawal is about 50% and for some reason I believe that this trade took place with a minimum initial lot of 0.01, so we can conclude that for trading you need a deposit of not $1000 but $10000, well, in principle, as for any adviser trading in the martingale system, the larger the deposit , the better, maybe enough for longer, but in the end, a sad ending will surely wait, I think you understood what I wrote) Yes, the author of the adviser showed us beautiful monitoring, but you shouldn't blindly believe all this and without the understanding of placing an adviser on your account, at least you should be suspicious when the adviser's author tries to m hide part of the statistics from users, for example, in our case, on all monitoring, the author hides trading history from us, this means only one thing, that educated traders, after analyzing transaction history, can find something that discourages them from buying this advisor , the developer certainly doesn't need this, and that's why he hides the statistics and these are just the most basic things worth paying attention to.

Reminder: As with any trading system, always remember that forex trading can be risky. Don't trade with money you can't afford to lose. It's always best to test the EA first on a demo account, or a live account with a low lot size. You can always increase the risk later!

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