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Money Magnet EA MT5 (Official version) | Unbounded

Money Magnet EA MT5 is a fully automated Forex EA delivering stable long-term profits with high Sharpe ratio, smart risk control, and safe EURUSD H1 trading.

Original price was: $999.00.Current price is: $599.00.

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  • Unlimited Activations

You can use product with unlimited account

 

  • Instant delivery

Download link will be sent instantly after purchase

 

  • Easy to install

Pre-activated, ready to use immediately

 

  • Free Update
  • Free Install Support

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Description

Product Overview

Money Magnet EA MT5 is a fully automated Forex Expert Advisor designed to execute trades without requiring constant manual intervention. The robot can operate on different instruments and timeframes, while EURUSD on the H1 timeframe is presented as the preferred configuration based on the supplied results.

Money Magnet EA focuses on systematic trading with an emphasis on long-term performance and risk-adjusted returns, making it potentially suitable for traders who evaluate an EA through metrics such as the Sharpe ratio rather than focusing only on short-term profit.

The EA does not use martingale, grid trading, hedging, or similar aggressive recovery techniques. Instead, it provides fixed-lot trading or automatic position sizing based on a predefined percentage risk and stop-loss configuration.

Every order can be opened with a defined Take Profit (TP) and Stop Loss (SL), helping establish the potential risk and reward before the trade is executed.

According to the developer’s information, the strategy has been tested for more than three years, with strategy-tester results reported as matching real-trading results. However, historical testing should always be evaluated alongside live execution conditions and actual broker costs.

About the Developer

  • Author: Farhad Kia
  • Experience: Over +10 years of experience on MQL5.
  • Notable Products: Money Magnet EA MT5, Harmonic EA MT4, Shark Expert Advisor MT4, Shark Expert Advisor MT5, SRP Pro MT4, Strong Retracement Points MT4 and other adviso
  • Flagship Product: Money Magnet EA MT5 is rated as the best performing product of the year.

>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).

>>Reviewed by Jason Stap <<

Main Features of Money Magnet EA MT5

🔺Fully Automated Forex Trading

Money Magnet EA MT5 operates automatically once configured on a MetaTrader 5 account.

The EA can manage the trading process according to its programmed parameters without requiring the trader to manually identify and execute every setup.

🔺High Sharpe-Ratio Focus

One of the key selling points of Money Magnet EA is its focus on risk-adjusted performance, particularly the Sharpe ratio.

The Sharpe ratio can provide additional insight into how returns compare with the volatility of those returns. For long-term investors, this can be more informative than looking at total profit alone.

However, a high historical Sharpe ratio does not guarantee that the EA will maintain the same risk-adjusted performance in future market conditions.

🔺No Martingale or Grid Strategy

Money Magnet EA does not use:

  • Martingale
  • Grid trading
  • Hedging
  • Other stated aggressive recovery practices

This makes its approach different from EAs that increase exposure after losing positions.

🔺Fixed-Lot or Automatic Lot Calculation

The EA supports two primary position-sizing methods.

Fixed Lot:
The trader specifies the desired lot size manually.

Automatic Lot:
The EA calculates the position size according to the configured Risk and Stop Loss parameters.

This allows users to select a consistent lot size or adapt position size to account risk.

🔺Stop Loss and Take Profit

The EA supports predefined SL and TP values for trades.

This allows traders to establish trade-management parameters before entering the market.

For example, a setting of 300 points corresponds to 30 pips under the point convention described by the developer.

🔺Optional Trailing Stop

Money Magnet includes a trailing parameter that allows the EA to progressively manage an open position after it moves into profit.

For example, according to the supplied documentation, a trailing setting of 100 points activates trailing after the position reaches approximately 10 pips of profit.

🔺Trading Schedule

The EA allows traders to define when it can open new positions using the Start and Stop parameters.

These times are based on the broker’s server time.

Importantly, when the stop time is reached, the EA stops opening new trades, while other functions can continue operating on existing positions.

🔺Multiple EA Instances

The MagicNumber parameter allows multiple Money Magnet EA instances to run on the same instrument with different configurations.

Each instance can be assigned a different Magic Number so that the EA can distinguish its own trades.

🔺Optimization Capability

The Magnet and Prd parameters can be optimized for a specific instrument and trading timeframe.

This gives users the ability to search for parameter combinations that historically fit their selected market.

🔺Fast Strategy Testing

The developer highlights high testing speed as one of the EA’s advantages, making it easier to experiment with different settings in the MT5 Strategy Tester.

How Does Money Magnet EA MT5 Work?

Money Magnet EA uses a parameter-driven automated trading process.

Step 1: Select the Trading Market

The EA can technically operate on any instrument and timeframe.

However, the supplied product information identifies EURUSD H1 as the preferred configuration based on historical results.

Step 2: Configure the Strategy Parameters

The trader configures parameters such as:

  • Magnet
  • Prd
  • Risk
  • FixedLot
  • SL
  • TP
  • Trail
  • Start
  • Stop
  • MagicNumber

The Magnet and Prd parameters should be optimized for the selected instrument rather than assuming that one configuration will work equally well across all markets.

Step 3: Determine Position Size

If FixedLot is set above zero, the EA uses the specified fixed lot size.

If FixedLot is set to zero, the EA calculates the lot size automatically according to the configured Risk and SL.

For example, if Risk is configured at a certain percentage and the position reaches its stop loss, the intended loss is based on that percentage of the account under the EA’s risk calculation methodology.

Step 4: Execute Trades Automatically

Once the required conditions are met, the EA opens trades automatically according to its internal strategy.

The trading process does not require manual order placement.

Step 5: Manage Open Positions

Once a position is active, the EA can manage it using:

  • Stop Loss
  • Take Profit
  • Trailing Stop

These tools allow the position to be managed according to the selected configuration.

Step 6: Follow the Trading Schedule

The Start and Stop parameters control when the EA is permitted to open new positions.

When the Stop time is reached, the EA does not necessarily close existing trades; instead, it stops opening new positions while other functions continue to operate.

Why Choose Money Magnet EA MT5?

Designed for Long-Term Automated Trading

Money Magnet EA is positioned toward traders interested in longer-term performance, rather than simply looking for rapid short-term returns.

Its emphasis on the Sharpe ratio may appeal to traders who want to evaluate performance relative to volatility and risk.

Simple Configuration

The EA uses a relatively small number of primary parameters, making the initial setup straightforward for traders who are familiar with MetaTrader 5.

Flexible Market Selection

Although EURUSD H1 is the preferred configuration from the supplied results, the EA can technically be applied to different instruments and timeframes.

This gives experienced users the ability to conduct their own optimization and testing.

No Martingale or Grid

The absence of martingale and grid mechanisms can be an important consideration for traders who prefer not to use progressive-loss recovery systems.

Automatic Risk-Based Position Sizing

The automatic lot calculation allows traders to define a percentage risk rather than manually selecting a lot size for every account balance.

Established Testing History

The developer states that Money Magnet EA has been tested for more than three years and that strategy-tester results match real trading results.

This provides a useful basis for further evaluation, although users should still verify performance independently under their own broker conditions.

Money Magnet EA MT5 Backtest Results

🔺EURUSD – over many years

  • Initial Deposit: $1.000
  • Total Net Profit: $7.995,36
  • Win Rate (% of total): 86,42%
Money Magnet EA Backtets

Money Magnet EA Backtets

Money Magnet EA MT5 Backtets

Money Magnet EA MT5 Backtets

Performance and Risk Management

Money Magnet EA’s risk management is primarily based on position sizing, stop loss, take profit, and optional trailing management.

Risk-Based Lot Calculation

When FixedLot = 0 and SL > 0, the EA calculates the lot size according to the configured Risk percentage.

This allows position size to adapt according to account equity or balance under the EA’s calculation methodology.

Important Auto-Lot Behavior

The developer notes an important characteristic of the automatic calculation mode:

The EA calculates the percentage risk based on the highest account balance, rather than reducing the reference balance after losing trades.

This means traders should understand how withdrawals affect the calculation.

If money is withdrawn from the account, the developer recommends:

  1. Remove the EA from the chart.
  2. Complete the withdrawal.
  3. Reattach/run the EA again afterward.

This is an important operational detail for investors who plan to make regular withdrawals.

Stop Loss

The SL parameter is expressed in points.

For example:

  • 300 points = approximately 30 pips
  • 500 points = approximately 50 pips

Setting SL to 0 removes the stop loss, although the developer specifically states that trading without a stop loss is not recommended.

Take Profit

The TP parameter is also expressed in points.

A setting of 300 points represents approximately 30 pips under the stated point convention.

Trailing Stop

The Trail parameter is also expressed in points.

The supplied example states that 100 points corresponds to approximately 10 pips before trailing management begins.

Recommended Starting Balance

The developer recommends:

  • $1,000, or
  • 1,000 cent account

The EA may also be used on smaller accounts, such as $100, when leverage is greater than 1:100. However, a smaller account provides less financial room for drawdowns and should not automatically be considered safer.

Weaknesses and Risk Warnings

Historical Performance Is Not Guaranteed

The reported three-plus-year testing history can provide useful historical information, but it cannot guarantee future results.

Forex markets can change significantly between different periods.

Optimization Can Create Overfitting Risk

The Magnet and Prd parameters can be optimized for individual instruments.

While optimization can improve historical results, excessive optimization may produce settings that fit past data too closely and perform less effectively in future markets.

EURUSD H1 Is Preferred, Not Guaranteed

The developer identifies EURUSD H1 as the preferred configuration, but this does not mean it will necessarily outperform on every broker or during every market period.

Automatic Risk Calculation Requires Attention

The highest-balance-based risk calculation has important implications after withdrawals.

Users should understand this behavior before managing capital through deposits and withdrawals.

Trading Without Stop Loss Is Not Recommended

The EA allows SL to be set to zero, but the developer explicitly advises against operating without a stop loss.

For risk-conscious trading, maintaining a predefined loss limit is generally preferable.

Broker Conditions Can Affect Results

Live results can differ because of:

  • Spread
  • Slippage
  • Commission
  • Execution speed
  • Liquidity
  • Broker server conditions
  • Market volatility

Even when strategy-tester results are strong, live execution can produce different outcomes.

No Trading System Is Risk-Free

Money Magnet EA MT5 is an automated trading tool, not a guarantee of profit. Traders remain responsible for selecting appropriate settings, account sizes, leverage, and risk levels.

Pros and Cons

Pros

  • Fully automated MetaTrader 5 Expert Advisor
  • Designed for Forex trading
  • EURUSD H1 identified as the preferred setup
  • Can operate on different instruments and timeframes
  • Focus on long-term, risk-adjusted performance
  • High Sharpe ratio highlighted by the developer
  • No martingale
  • No grid
  • No hedging
  • Fixed-lot trading option
  • Automatic risk-based lot calculation
  • Stop Loss and Take Profit support
  • Optional trailing stop
  • Configurable trading schedule
  • Multiple EA instances supported through MagicNumber
  • Fast strategy testing
  • Tested over a period of more than three years according to the developer

Cons

  • Historical results do not guarantee future performance
  • EURUSD H1 may not be optimal under every market condition
  • Optimization is required when changing instruments or settings
  • Over-optimization may increase the risk of curve fitting
  • Automatic risk calculation requires careful understanding
  • Withdrawals require special handling in auto-calculated mode
  • Trading without SL is possible but not recommended
  • Live execution can differ from strategy-tester results
  • Smaller accounts have less room to absorb drawdowns
  • Leverage can significantly increase both potential gains and losses

What’s Included in the Download Package?

  • Setting (If Any).docx
  • Installation Guide.docx

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Final Thoughts

In summary, POBE Prop Firm EA MT5 takes a fundamentally different approach to automated prop firm challenges by focusing on the financial relationship between a challenge account and a separate broker account rather than attempting to predict market direction. Its two-terminal hedging structure, calculated opposite positions, lifecycle outcome analysis, cost simulator, trade randomisation, and automatic, semi-automatic, or manual modes provide a structured framework for managing two-phase challenge scenarios. The absence of Grid, Martingale, and Averaging Down is another positive aspect.

The supplied observed challenge-cycle results suggest that outcomes can vary depending on the prop firm’s target and drawdown structure, with some scenarios resulting in funded outcomes, breakeven, or net-positive results after a later phase failure. However, these percentages are observed historical distributions, not guaranteed probabilities. Actual results can be materially affected by spread, slippage, commissions, execution latency, broker liquidity, hedge ratios, and differences between the two trading environments.

Overall, POBE Prop Firm EA MT5 may appeal to traders who understand prop firm rules and want to explore a hedging-based approach to two-phase challenges. However, it requires two continuously running MT5 terminals, sufficient broker-side capital, suitable leverage, and careful compatibility checks with the selected prop firm. Traders should verify that hedging and the specific execution methodology are permitted, simulate realistic trading costs, test the complete setup before committing challenge fees, and understand that the hedge structure does not eliminate financial risk or guarantee a breakeven outcome.

FAQs

FAQs

1. What is Money Magnet EA MT5?

Money Magnet EA MT5 is a fully automated Forex Expert Advisor designed for the MetaTrader platform. It focuses on long-term, stable profitability using a high Sharpe ratio strategy and avoids risky trading methods like martingale or grid systems.

2. How does Money Magnet EA MT5 work?

The EA uses an advanced algorithm to analyze market conditions and automatically execute trades. It applies strict risk management rules, including Stop Loss and Take Profit, to ensure controlled and consistent trading performance.

3. Is Money Magnet EA MT5 suitable for beginners?

Yes, Money Magnet EA MT5 is beginner-friendly. It features simple setup parameters and automated execution, allowing new traders to participate in Forex trading without needing deep technical knowledge.

4. What is the best currency pair and timeframe for Money Magnet EA MT5?

Money Magnet EA MT5 performs best on the EURUSD pair using the H1 (1-hour) timeframe. However, it can also run on other instruments and timeframes with proper optimization.

5. Does Money Magnet EA MT5 use martingale or grid strategies?

No, the EA does not use martingale, hedging, grid trading, or any high-risk techniques. It is designed with a safer, more sustainable trading approach focused on long-term growth.

6. What risk management features are included in Money Magnet EA MT5?

The EA includes advanced risk management tools such as automatic lot sizing based on risk percentage, Stop Loss, Take Profit, trailing stop, and time-based trading controls to protect your capital.

7. Can I customize the settings of Money Magnet EA MT5?

Yes, users can customize various parameters such as lot size (fixed or auto), risk percentage, trading time, trailing stop, and strategy-specific inputs like Magnet and Prd for optimized performance.

8. What are the backtest results of Money Magnet EA MT5?

Backtests on EURUSD show strong long-term performance, with an initial deposit of $1,000 growing to approximately $7,995.36 and a win rate of 86.42%, demonstrating stable and consistent returns.

9. What is included in the Money Magnet EA MT5 download package?

The package includes essential files such as an installation guide and setup documentation, helping users quickly install and configure the EA for optimal performance.

10. Is Money Magnet EA MT5 suitable for long-term investment?

Yes, this EA is specifically designed for long-term investors. Its high Sharpe ratio strategy and disciplined risk management make it ideal for traders seeking steady yearly growth rather than short-term gains.

Specification

Technical Details

Trading platform

MetaTrader 5 (MT5)

Time frames

Any

Currency pairs

EURUSD

Product type

Official version

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