MFM7

August 3, 2017 | By | Reply More
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MFM7Click Image To Visit SiteMy name is Matthew, I am a programmer, web designer and currency trader. For the past 7 years I’ve been designing a trading robot in the MQL4 programming language that I’ve dubbed MFM7. I am now putting this expert advisor up for sale.

I’ve developed an EA that can earn 50% a month with low drawdown, in a real trading account. My EA is not a martingale, nor does it multiple risk in any way. The EA trades 1 strategy and takes 1 trade at a time per pair, always trades with a stoploss and the max risk per pair is under 5%. Forward tested 3 years, backtested 7 years, the EA is profitable in every pair, in any market condition!

Take the time to look at my live fxbook forward test below: https://www.myfxbook.com/members/ex4systems/mfm7/2073687

I designed this forex robot myself, it’s not some piece of junk that I downloaded… I’ve purchased every hyped-up EA under the sun, and none of them ever worked for me. One big issue with commercial EAs is that they are too complex and overly backtested, something Forex traders often call "curve fitting."

I’ve since realized that in-order for an EA to be profitable in live forward testing, it needs to be profitable in backtesting with all pairs using the exact same strategy and settings, by understanding and continually adapting to recent market conditions.

Most, if not all other EAs are not actual "trading robots" they’re simply automated trading strategies that enter and exit trades, usually based on default MT4 indicators, they lack any sense of logical reasoning. MFM7 is a true forex robot. Over the past 7 years I’ve added countless logical functions to MFM7 to be able to react to and control trading in any… Read more…

Category: Forex

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