Magnat EA v1.3 MT4 with Presets (Platform build 1428+)

What is Magnat EA?

Magnat EA is an automated trading Expert Advisor (EA), designed to adapt to a wide range of market conditions and trading strategies. With a multitude of customizable parameters, it allows the user to tailor its behavior to their specific needs. Whether you are trading stocks, forex, futures or cryptocurrencies, this versatile tool can be fine-tuned to work seamlessly with any broker and instrument.

The advisor offers flexibility in order management, allowing you to choose between a single position or a multi-position approach, depending on the market dynamics. Its intelligent money management system calculates the optimal position size, ensuring efficient capital allocation and superiority in the forex market.

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Magnat EA MT4 Features

This advisor is developed by a professional with many years of trading experience and is packed with advanced trading features, including:

1. Core Features:

• Flexible Trading Strategies: Adapt to a variety of market conditions and broker requirements.
• Flexible Position Management: Open and close positions flexibly, both single and multiple positions.
• Powerful Risk Management: Implement sophisticated Stop Loss (SL) and Take Profit (TP) strategies.
• Advanced Order Processing: Efficiently manage both manual and automated orders.
• Precise Market Analysis: Use advanced technical indicators and market depth analysis.
• Customizable Money Management: Optimize trade volume based on account balance or fixed settings.

2. Key Features:

• Adjustable Entry and Exit Signals: Generate precise entry and exit signals by combining technical indicators.
• Flexible Position Sizing: Calculate optimal position size based on risk tolerance and account balance.
• Trailing Stop: Secure profits by automatically adjusting stop loss levels as prices move in a favorable direction.
• Market Depth Analysis: Analyze market depth to identify potential trading opportunities.
• Customizable Settings: Fine-tune the expert advisor’s parameters to suit individual trading styles and market conditions.

Key Benefits of Magnat EA

The advisor is integrated with professional trading features from experts, users can easily get many benefits when using this advisor:

• Flexible Trading: Adapts to a variety of market conditions and broker settings, allowing for flexible trading strategies.
• Dynamic Order Management: Can work with both live market positions and pending orders, providing strategic flexibility.
• Scalable Trading: Supports both single and multi-position trading, catering to different risk profiles and market opportunities.
• Powerful Money Management: Incorporates a built-in money management system to automatically calculate position sizes, optimizing risk and reward.
• Advanced Order Control: Manage and control trading orders and positions, without using Martingale and Grid strategies, ensuring account security.
• Multi-Instrument Trading Capability: Can be installed on multiple charts, allowing for simultaneous trading of multiple instruments.
• User-friendly Settings: Provides a wide range of customizable parameters, allowing users to customize the EA to their specific trading preferences.

Detailed Review of Magnat EA

Magnat EA successfully tested in 2022 – 2023 and achieved extremely impressive performance. In addition to the incredible profit when testing on currency pairs, starting with a capital of $1,000, the safety level in the tests was also extremely high.

• Trading results with EURJPY, total profit of $106.59 million and low risk at Maximum drawdown: 0.12%.
• Trading results with EURUSD, total profit of $21.73 million and low risk at Maximum drawdown: 0.63%.
• Trading results with USDJPY, total profit of $169.98 million and low risk at Maximum drawdown: 0.08%.
• Trading results with GBPUSD, total profit of $105.20 million and low risk at Maximum drawdown: 0.23%.

Magnat EA MT4 backtests results

Magnat EA MT4 backtest results

Magnat EA backtests results

Magnat EA backtest results

How to Install Magnat EA?

The recommended expert advisor settings by the developer include:

1. Currency pairs:

GBP/USD
EUR/USD
AUD/USD
EUR/GBP
USD/CAD
USD/CHF (or any other currency pair)

These are some of the most actively traded currency pairs with Magnat EA in the forex market, offering a wide range of trading opportunities and efficiency.

2. Timeframe:

M5 (5-minute timeframe)

This timeframe is suitable for short-term trading strategies, Magnat EA allows traders to take advantage of fast market movements.

3. Minimum/Recommended deposit:

$100 / $1,000

The minimum deposit is $100 to start trading, while the recommended deposit is $1,000, which offers more flexibility and higher profit potential.

4. Setup file:

Available

Pre-configured trading settings and indicators are available to help traders get started quickly and efficiently.

Latest product download package includes

The download package includes the official version of the advisor:

• Experts: Magnat EA v1.3.ex4
• Presets:
  • Magnat_Any Pair_$100_Low Risk.set
  • Magnat_Any Pair_$200_Low Risk .set
  • Magnat_Any Pair_$500_Low Risk.set
  • Magnat_Any Pair_$200_Fixlot_Low Risk.set
  • Magnat_Any Pair_$500_Fixlot_Low Risk.set
  • Magnat_Any Pair_$1000_Fixlot_Low Risk.set
  • Magnat_Any Pair_$2000_Fixlot_Low Risk.set
  • Magnat_Any Pair_$3000_Fixlot_Low Risk.set
  • Magnat_Any Pair_$5000_Fixlot_Low Risk.set
  • Magnat_Any Pair_$10000_Fixlot_Low Risk.set
  • Magnat_Any Pair_Low Risk_Autolot.set

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About the Author

This expert advisor was developed by Alexander Buseinus. The author has about 2 years of experience working on MQL5. He created and developed the Magnat EA MT4 advisor and achieved impressive results in the automated trading market.

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Conclusion

In short, Magnat EA is a versatile trading tool designed to automate your trading strategies across a variety of financial instruments and brokerage platforms. With extensive parameterization, users can tailor its behavior to suit different market conditions and personal preferences.

>>> Reviewed by Jason Stap