Description
<h3>Introduction</h3>
<p>Monic EA V3.22 is a fully automated Expert Advisor developed for the MetaTrader 5 platform. It is designed to trade the forex market using rule-based logic with controlled risk management. The EA focuses on stability and consistency rather than aggressive or high-risk trading methods, making it suitable for traders looking for steady automated execution.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated trading on MetaTrader 5</li>
<li>Rule-based trade entries and exits</li>
<li>Uses Stop Loss and Take Profit on trades</li>
<li>No martingale or dangerous grid strategy</li>
<li>Supports dynamic or fixed lot sizing</li>
<li>Works on multiple forex pairs</li>
<li>Designed for low to moderate drawdown</li>
<li>Suitable for VPS usage</li>
</ul>
<h3>Recommended Settings</h3>
<ul>
<li>Platform: MetaTrader 5</li>
<li>Timeframe: Any (pair-dependent)</li>
<li>Pairs: Major and selected minor pairs</li>
<li>Minimum Deposit: $500 recommended</li>
<li>Risk: Low to moderate (0.5%–1% per trade)</li>
<li>Broker: ECN / low-spread broker</li>
<li>VPS: Recommended for best performance</li>
</ul>
<h3>Backtest Result</h3>
<p>Based on historical testing over multiple years, Monic EA shows strong profitability with controlled drawdown. Reported results indicate a high profit factor and very low maximum drawdown in backtests. Actual performance may vary depending on broker conditions and market behavior.</p>
<h3>Advantages</h3>
<ul>
<li>Fully automated, no manual trading needed</li>
<li>Conservative risk approach</li>
<li>No martingale or grid exposure</li>
<li>Built-in SL and TP for risk control</li>
<li>Beginner-friendly default settings</li>
<li>Suitable for long-term trading</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>No guarantee of profits</li>
<li>Trade frequency may be low</li>
<li>Requires patience for consistent results</li>
<li>Performance depends heavily on broker quality</li>
<li>Not suitable for high-risk or fast scalping traders</li>
</ul>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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