MoneTree EA free download | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources

MoneTree EA is an intelligent trading system designed to help traders automate Forex trading. This EA uses a variety of trading strategies, including hedging martingale and high-frequency trading (HFT) averaging strategies. These strategies are designed to maximize profits and minimize risk by taking advantage of market fluctuations and opening and closing positions quickly.

The EA has 2 files, Monetree_BUY and Monetree_SELL . Therefore, you will open two EURUSD charts, one for buying the EA and another for selling.

The time frame you attach the EA to determines the risk exposure.

• The shorter the time horizon, the higher the risk exposure.
• The longer the time horizon, the lower the risk exposure.

So the higher the risk exposure, the higher the profit, the lower the risk exposure, the lower the profit. Your best bet is a low-risk exposure.
The gradual growth of your account keeps you safe and frees you from fear
drawdowns.

MoneTree EA trading uses a combination of martingale and hedging methods, similar to high-frequency EA. Due to this approach, this EA has a high ROI (return on investment) and relatively good stability. But sometimes it can be a little risky. How much profit you can make each month depends on your lot size and risk value.

It appears that MoneTree EA requires two instances of the EA to be running simultaneously on two separate charts in order for its hedging strategy to work effectively. Simply running an instance of the EA in a single chart may not result in successful hedging and may result in significant losses resulting in heavy losses on your account.

The reason for this may be because the hedging strategy used by the EA involves opening two or more positions in opposite directions. By running two instances of MoneTree EA simultaneously on two separate charts, the EA is able to open opposite positions in each chart, thereby creating hedging that helps reduce risk.

If you run only one instance of the EA, it will not be able to open opposite positions in a separate chart and, therefore, the hedging strategy will not be effective and may result in heavy losses.

This is a completely free EA without any restrictions made by Monetori. In my opinion, this is one of the best EAs from this developer. So show some love to the Monetree YouTube channel. (his MQL5 page)

Please test in a demo account for at least a week first. Also, please familiarize yourself and understand how this MoneTree robot works and then use it only on a real account.

MoneTree EA Recommendations

• A minimum account balance of 100$ cents is required to safely run this EA.
• Open XAUUSD Chat. As mentioned before, open a time frame that works for your account size. Append "Monetree_BUY" to the chart.
• Open another XAUUSD chat. Open the same time frame for your account size. Attach " Monetree _SELL" to the chart.
• The time frame recommended by the developer is M1 , but I recommend H1 . (works in any time frame)
• To effectively use this EA's hedging strategy, you must run two instances of the EA simultaneously in two separate charts. Running just one instance in a single chart can result in hedging failure and significant losses, as the strategy involves opening opposite positions in different charts.
  • Due to this backtesting, this EA will not be accurate.

• In order to achieve stable results, this MoneTree EA should work 24/7 on a VPS without interruption. So we recommend running this Free Forex EA on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
• Low spread accounts are also recommended ( find the best broker for you here )

Consider supporting developers by using broker IB

• Learn More NANOTRADER FX Indicator – [Cost $97] – Free