Monopolist EA (Free Download)
Monopolist EA is a professional scalping expert advisor for MetaTrader 4 that uses a sophisticated price action algorithm to execute short-term trades with minimal decision time. Featuring comprehensive risk management with stop-loss protection for every position and no risky martingale strategies, it offers both preset settings and extensive customization options for traders seeking automated scalping solutions.
Monopolist EA is a professional automated trading solution developed by Aleksandr Shurgin. This expert advisor stands out in the crowded marketplace of trading robots due to its sophisticated approach to short-term trading and real-time market analysis. Monopolist EA has been specifically designed for scalping—a trading strategy that focuses on capturing small but frequent profits through multiple quick trades. What makes this EA particularly attractive is its responsible approach to risk management, avoiding high-risk strategies like martingale or arbitrage that often lead to account blowouts. Instead, it employs a multi-component algorithm that processes market data with exceptional speed to identify optimal entry and exit points for short-term trades, especially on dynamic currency pairs with small spreads like USDJPY.
How It Works
Monopolist EA operates using a sophisticated price action-based strategy that minimizes decision-making time to maximize scalping effectiveness. The system analyzes market conditions in real-time through its proprietary multi-component algorithm, looking for specific patterns and signals that indicate potential profitable trading opportunities.
When the EA identifies a suitable trading opportunity, it can either place a direct market order or use pending orders depending on your configuration. The pending order functionality includes an intelligent trailing feature that adjusts order placement as market conditions change, helping to secure better entry prices.
For risk management, each position is protected by a stop-loss, which can be either fixed or automatically adjusted based on current market volatility through the “StopLossCorrector” feature. Once in a profitable position, the EA can employ trailing stops to protect gains while allowing trades to run for optimal profit capture.
Key Features
- Recommended Timeframes: Works best on M5 timeframe but adaptable to any
- Recommended Pairs: Default settings are optimized for USDJPY, but it can be used on any pair
- No minimum deposit required
- Safe Trading: No martingale or arbitrage strategies
- Stop-loss protection for every position
- Automatic spread expansion and slippage control
- Customized Lot Size: Fixed lot size or automatic lot calculation (AutoMM)
- Real-time adaptation to changing market conditions
The download package of the product includes:
- Experts: 2 versions: Monopolist v1.1 EA.ex4 and Monopolist EA.ex4
- Presets: USDJPY H1.set
- Installation Guide from forex-hacked.com
Conclusion
Monopolist EA represents a sophisticated approach to automated scalping in the forex market. Its strength lies in the speed and precision of its market analysis, coupled with a responsible approach to risk management. While many scalping EAs rely on high-risk strategies to generate impressive short-term results, Monopolist focuses on sustainability through proper stop-loss implementation and intelligent trade management.
Contact me: trent@trentbaxter.com
Wow.. 10k without any live results, the author is ambitios