What is Magnat EA?

Magnat EA is a versatile trading solution for the MetaTrader 4 platform, engineered to excel on the M5 timeframe and compatible with any currency pair. This dynamic Expert Advisor seamlessly adapts to shifting market conditions, executing either immediate market orders or strategically placed pending orders based on real-time analysis. It maintains a disciplined approach by typically allowing only one trade at a time, yet its flexible logic can open multiple positions if the market environment calls for it. With an intelligent money management system, it automatically determines the optimal trade size, ensuring precision and efficiency. For traders who value customization, the EA also provides the flexibility to operate with a fixed lot size, putting control back in your hands.

• Vendor website: https://www.mql5.com/en/market/product/95123

Original price: $9000

Forex EAs Mall price: $35 (You Save 99%)

Work Features:

The Magnat EA offers unparalleled flexibility with a wide array of input parameters, enabling it to adapt seamlessly to all trading instruments and broker conditions. Whether executing direct market positions or dynamic pending orders, it adjusts effortlessly based on market scenarios.

With customizable settings, the EA can operate in two distinct modes: it either opens a single trade at a time for focused precision or multiple positions simultaneously, driven by real-time market dynamics. Its sophisticated money management system intelligently calculates trade volumes, while also allowing for fixed-volume trading for those who prefer manual control.

A standout feature of Magnat EA is its compatibility with other Expert Advisors and manual trades. It meticulously tracks and manages all orders—its own, manually placed trades, or those generated by other EAs—ensuring smooth, interference-free operations across the board.

The EA’s smart spread and slippage tracking ensures precision entries while avoiding unnecessary losses. Each trading position is safeguarded with a fixed take-profit level and a dynamically adjustable stop-loss, reducing risk effectively. For those prioritizing consistency, the stop-loss can also be fixed to match specific risk strategies.

Designed for simultaneous multi-instrument trading, the EA can be installed on multiple charts without cross-interference. Its optimal performance is achieved on the M5 timeframe, with default settings calibrated for brokers offering tight spreads, efficient execution, and minimal slippage.

With its robust features and adaptive design, Magnat EA ensures a streamlined, versatile, and reliable trading experience for all trading styles.

Highlighted Features:

Magnat EA is a cutting-edge Expert Advisor tailored for the MetaTrader 4 platform, designed to perform seamlessly with any currency pair on the M5 timeframe. This innovative tool thrives in ever-changing market conditions, executing either real-time market orders or adaptive pending orders with precision. Backed by an advanced money management system, it takes the guesswork out of trading by intelligently calculating the ideal trade volume to maximize performance and efficiency.

About The Author

This Expert Advisor is developed by Alexander Buseinus, who brings over 1 years of experience in MQL5 to the table. He has worked on several notable products, the highly successful Magnat EA, which stands out as his top-performing creation.

How Magnat EA Works:

• Used on platform: MetaTrader 4
• Curency pairs: Any pairs forex.
• Time frame: M5.
• Minimum deposit: 300$.
• Tracking spread spread and slippage allows you to make accurate entries and avoid unreasonable losses.
• Use default setting, low spread, good execution and minimal slippage.
• The built-in money management system allows you to automatically calculate the volume of trading positions.
• Expert Advisor trading automated 100%.

Magnat EA Reviews

“Highly Adaptive and Reliable”
“I’ve been using Magnat EA for a few months, and its ability to adapt to market changes is impressive. The combination of live market orders and dynamic pending orders ensures I never miss an opportunity. Highly recommend it!”

“Great for Risk Management”
“The built-in money management system is a game-changer. It automatically calculates the optimal trade volume, which has helped me maintain a consistent risk level across all my trades. Plus, the flexibility to use fixed lot sizes gives me extra control.”

“Perfect for Scalping on M5”
“Magnat EA is perfect for short-term trading on the M5 timeframe. It works flawlessly with all currency pairs, and I’ve seen great results with its precision and efficiency.”

“User-Friendly and Effective”
“Even as a beginner, I found Magnat EA easy to set up and use. The automated strategies and smart order execution make trading much less stressful.”

“Dependable Performance”
“This EA has a disciplined trading approach, ensuring only one trade at a time while still capitalizing on market scenarios when needed. My portfolio has been steadily growing since I started using it.”

Magnat EA continues to impress traders worldwide with its intelligent design, adaptability, and focus on optimized trading performance.

Expert Advisor can manage trading positions using a built-in money management system and has the ability to open multiple positions based on market conditions. The Expert Advisor can control its own positions as well as those opened manually or by other expert advisors. It is designed to track spread and slippage for accurate entries and has settings to manage risk by setting loss limits. Overall, it offers a wide range of input parameters and settings to accommodate different trading scenarios and conditions.

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Recommended Settings for Magnat EA

1. Timeframe:

• Use the M5 timeframe for the best results, as the EA is specifically optimized for short-term trading on this interval.

2. Currency Pairs:

• Magnat EA works well with all currency pairs. However, for enhanced stability and performance, prioritize major pairs like EUR/USD, GBP/USD, and USD/JPY due to their high liquidity and lower spreads.

3. Money Management:

• Enable the automatic money management system for the EA to calculate the optimal lot size based on your account balance.
• For manual control, use a fixed lot size and adjust it according to your risk tolerance (e.g., 0.01 lots per $1000 of account balance).

4. Risk Level:

• Adjust the risk parameter to align with your trading style:
  • Low Risk: 1–2% of account equity per trade.
  • Moderate Risk: 3–5% of account equity per trade.
  • High Risk: Above 5%, but proceed with caution.

5. Leverage:

• A minimum leverage of 1:100 is recommended, but 1:500 provides greater flexibility for managing trades.

6. VPS Hosting:

• Use a reliable VPS service to ensure uninterrupted trading, especially for fast execution and minimal latency.

7. Broker Recommendations:

• Choose an ECN broker with tight spreads and low commissions to maximize profitability.

8. News Filter (Optional):

• If your version of Magnat EA includes a news filter, activate it to avoid trading during high-impact news events.

9. Backtesting and Optimization:

• Run backtests with historical data to fine-tune parameters based on your preferred currency pairs and trading conditions.

By following these settings, Magnat EA can deliver consistent results and adapt effectively to various market scenarios. Always monitor performance and adjust as needed to suit your trading goals.

How to install and run the Magnat EA Trading Bot in Metatrader 4?

Step 1: Download the EA File

• Ensure you have the Magnat EA file in .ex4 If you don’t have it, download it from the source or vendor you purchased it from.

Step 2: Open MetaTrader 4

• Launch your MetaTrader 4 (MT4) platform.

Step 3: Access the Data Folder

1. In MT4, go to the top menu and select File > Open Data Folder.
2. Navigate to the following folder path:
   MQL4 > Experts.

Step 4: Copy the EA File

• Copy the downloaded Magnat EA (.ex4) file into the Experts

Step 5: Refresh or Restart MT4

• Close the Data Folder and return to the MT4 platform.
• Refresh the Navigator panel by right-clicking on Expert Advisors and selecting Refresh, or restart MT4 to load the EA.

Step 6: Attach the EA to a Chart

1. In the Navigator panel, locate Magnat EA under Expert Advisors.
2. Drag and drop the EA onto a chart of your preferred currency pair.
3. Ensure the chart is set to the M5 timeframe, as Magnat EA is optimized for this interval.

Step 7: Configure EA Settings

• In the Settings window that appears:
  • Adjust parameters such as lot size, risk levels, and money management based on your preferences.
  • Enable any additional features like trailing stop or dynamic pending orders if available.
• Click OK to save your settings.

Step 8: Enable AutoTrading

1. On the MT4 toolbar, click the AutoTrading button to enable automated trading.
2. Ensure the smiley face icon appears in the top-right corner of the chart to confirm the EA is active.

Step 9: Monitor Performance

• Keep an eye on the EA’s performance through the Trade tab in the Terminal section.
• Adjust settings as needed and periodically evaluate its results to optimize performance.

Additional Tips

• Use a VPS: For uninterrupted trading and minimal latency, consider hosting MT4 on a Virtual Private Server.
• Test First: Run the EA on a demo account before deploying it on a live account.
• Leverage Updates: Regularly check for updates to ensure you’re using the latest version of Magnat EA.

By following these steps, you’ll have Magnat EA fully installed and ready to trade on the MetaTrader 4 platform.

If you encounter any problems or need detailed instructions, please refer to the documentation provided with the Magnat EA or contact us directly for the fastest support.

Magnat EA Downloads

Link download Magnat EA v1.3 MT4 NoDLL will be sent to your email after purchase.

+ Expert :

• Magnat v1.3.ex4
• Unlimited / NoDLL / Build New
• Free 1 Year Updates

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