Description
<h3>Introduction</h3>
<p>Monopolist EA V1.1 MT4 is an automated trading system developed for the MetaTrader 4 platform. It is designed to analyze market behavior and execute trades automatically based on predefined algorithmic logic. The EA focuses on structured entries, disciplined risk management, and consistent trade execution while reducing emotional decision-making in Forex trading.</p>
<h3>Key Features</h3>
<ul>
<li>Fully automated trading system</li>
<li>Designed specifically for MT4 platform</li>
<li>Trend and momentum-based trading logic</li>
<li>Automatic stop-loss and take-profit placement</li>
<li>Adjustable lot sizing (fixed or percentage-based)</li>
<li>Spread filtering mechanism</li>
<li>Equity and drawdown protection options</li>
<li>Multi-currency pair compatibility</li>
<li>Session-based trading control</li>
<li>VPS-compatible for uninterrupted operation</li>
</ul>
<h3>Recommended Settings</h3>
<p>Recommended configuration may vary depending on account size and broker conditions, but general guidelines include:</p>
<ul>
<li>Timeframe: M15 or H1</li>
<li>Preferred Pairs: Major pairs such as EURUSD, GBPUSD, USDJPY</li>
<li>Risk Per Trade: 1%–2% of account balance</li>
<li>Lot Mode: Auto lot based on risk percentage</li>
<li>Max Spread: Use a low-spread broker</li>
<li>VPS: Recommended for stable execution</li>
</ul>
<p>Always test on a demo account before trading live.</p>
<h3>Backtest Result</h3>
<p>Backtesting may typically indicate:</p>
<ul>
<li>Better performance during trending market conditions</li>
<li>Moderate drawdown under conservative risk settings</li>
<li>Reduced efficiency during prolonged sideways markets</li>
<li>Sensitivity to spread and broker execution quality</li>
</ul>
<p>Actual results depend on market volatility and broker environment.</p>
<h3>Advantages</h3>
<ul>
<li>Fully automated trade execution</li>
<li>Reduces emotional trading mistakes</li>
<li>Structured risk management</li>
<li>Adjustable parameters for flexibility</li>
<li>Suitable for medium-term trading</li>
<li>Compatible with most MT4 brokers</li>
<li>Time-efficient for traders with limited availability</li>
</ul>
<h3>Disadvantages</h3>
<ul>
<li>Performance depends on market conditions</li>
<li>Drawdowns are possible</li>
<li>Sensitive to high spreads and slippage</li>
<li>Requires monitoring despite automation</li>
<li>VPS hosting may add additional cost</li>
<li>No guaranteed profitability</li>
</ul>
<h3>Installation & Setup Guide</h3>
<ol>
<li>
<p>Download the Monopolist EA V1.1 file (.ex4 or .mq4).</p>
</li>
<li>
<p>Open MetaTrader 4.</p>
</li>
<li>
<p>Click File → Open Data Folder.</p>
</li>
<li>
<p>Open the MQL4 folder and then the Experts folder.</p>
</li>
<li>
<p>Paste the EA file into the Experts folder.</p>
</li>
<li>
<p>Restart MT4.</p>
</li>
<li>
<p>Enable AutoTrading from the toolbar.</p>
</li>
<li>
<p>Open your preferred currency pair and select the recommended timeframe.</p>
</li>
<li>
<p>Drag the EA from the Navigator panel onto the chart.</p>
</li>
<li>
<p>Adjust input settings according to your risk preference and click OK.</p>
</li>
</ol>
<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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