Monarchs Trade Machine EA MT4 v1.1 (Official version +1441)

What is Monarchs Trade Machine EA MT4?

The Monarchs Trade Machine MT4 is a powerful automated trading system specifically designed for the MetaTrader 4 (MT4) platform. This Expert advisor (EA) allows traders to execute trades automatically based on predefined strategies and customizable parameters, eliminating the need for manual trading. Ideal for both beginners and experienced traders, the Monarchs Trade Machine MT4 helps enhance trading efficiency, consistency, and performance in the forex market.

About the Developer

•  Author: Boris Sklyaruk
•  Experience: Over 8 years of experience on MQL5.
•  Flagship Product: Synapse Trader MT4 is the best performing product.

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Monarchs Trade Machine MT4 overview

Key Features of Monarchs Trade Machine EA MT4

🔻Works Independently of Market News

• Analyzes trading volume and statistics
• Not affected by economic events or news releases

🔻Broker Compatibility

• Compatible with all types of brokers regardless of spreads or fees

🔻Backtested for Long-Term Performance

• Proven track record since 2016
• Tested on multiple currency pairs

🔻Stable Profitability with Low-Risk Approach

• No Martingale or Scalping strategies
• Designed for safety and consistency

🔻Customizable Risk & Protection Settings

• Adjustable risk levels
• Built-in protection features to safeguard capital

Unique Advantages of Monarchs Trade Machine EA MT4?

🔻Proven Trading Strategy Over 7+ Years

• Real trading strategy used by the developer
• Reliable and consistent performance

🔻Smart Capital Management

• Automatically adjusts lot size and trade volume
• Based on account equity and market behavior

🔻Multiple Strategy Options

• Offers 3 built-in trading strategies
• Suitable for different trading styles (conservative to aggressive)

🔻Fully Automated – No Setup Needed

• Plug & play operation
• Beginner-friendly EA for MT4

Monarchs Trade Machine EA MT4 Review

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What is included in the package?

• Experts: Monarchs Trade Machine MT4 v1.1_fix.ex4

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How To Set Up EA

🔻The screenshot displays the input parameters of the automated trading system (Expert Advisor – EA) Monarchs Trade Machine for the MetaTrader 4 (MT4) platform. Let’s break down each parameter and evaluate its potential impact on trading performance.

monarch trade machine mt4 rsetting

🔵 Step-by-Step Installation

🔻 Download and Locate the EA File

• Download the Monarchs Trade Machine EA MT4 v1.1.fix .ex4 or .mq4 file.
• Open MetaTrader 4.
• Go to File > Open Data Folder.
• Navigate to MQL4 > Experts and paste the EA file.

🔻 Restart or Refresh MT4

• Restart MetaTrader 4 or right-click in the Navigator > Expert Advisors and click Refresh to load the EA.

🔻 Attach EA to Chart

• In the Navigator, find Monarchs Trade Machine EA.
• Drag it onto a chart (preferably a major currency pair, e.g., EUR/USD).
• Make sure AutoTrading is enabled.

🔻 Configure Input Settings
Here are the recommended default input parameters for best performance:

🔻 Enable Live Trading

In the EA settings, check:

• Allow live trading
• Allow DLL imports (if needed by the EA)

Conclusion

In summary, Monarchs Trade Machine EA MT4 stands out as a reliable and efficient automated trading system for MetaTrader 4 users. With over 8 years of proven trading performance, this expert advisor is designed to deliver consistent results without relying on risky strategies like martingale or scalping. Developed by Boris Sklyaruk—an experienced MQL5 developer—the EA offers a blend of smart capital management, customizable risk settings, and three built-in trading strategies to suit various trading styles.

>>> Reviewed by Jason Stap <<<