Advisor Money STANOK ver 2
Money STANOK is a unique development of a Russian trader, based on simple trading principles.
The Expert Advisor was created in 2012 and was sold for $150. But after some time, the author of the expert began to actively distribute it through the affiliate program, which quickly brought the expert to various forums, where its public discussion began.
Why did I say that the EA is based on simple principles? Yes, because what you see is a typical martingale, the position filter of which is a moving average.
Initially, the author positioned the expert for trading on the pound/dollar currency pair on a five-minute time frame, but after some time the expert began to be used on various currency pairs. The question is, why did the author start distributing an affiliate expert? The answer is very simple.
The author managed to optimize and reconfigure the classic martingale so much that he opened dozens of positions a day, which allowed him to earn a lot of money from the affiliate program. However, as you know, it only takes one person to lose his money, and on the same day the expert became freely available and came under our review.
To get started, the Expert Advisor must be installed in the MT4 trading terminal. To do this, download the archive with the Expert Advisor and the indicator inside. Launch your terminal, open the data directory and place the indicator in the indicators folder and the advisor in the expert folder. After restarting the terminal, enter the list of experts and drag Money STANOK onto the chart of the pound/dollar currency pair. A settings window will appear in front of you, which we will discuss below:
For some reason, the author of the Money STANOK expert did not even include a description of the settings in his instructions. But we are literate people, if the martingale said, then we’ll figure it out. So, if you set true in the Lot or Risk line, then the expert will trade the standard lot specified in the Lot line.
If you set it to false, the advisor will calculate the initial lot depending on the risk that you specify in the Risk line. In the lotMultiplacator line you can set the multiplication factor for the next lot when the martingale is triggered.
In the Step line you can change the distance between orders in points, and in the Maximum Trades line you set the maximum number of simultaneously open orders. All other settings of the Expert Advisor are clear by eye, so you should not have any difficulties in setting it up.
When testing the Expert Advisor with settings from the author, the Expert Advisor showed good results. The first test was carried out on the pound/dollar currency pair on a five-minute time frame. The test period was from January 1, 2015 to June 20, 2015. The result of testing with default settings is shown in the picture below:
I decided to conduct the second test on the euro/dollar currency pair. In the settings I decided to change the step between orders by 30 points. The test results for the same period are shown in the picture below:
In general, based on the testing results, I can say that it has high risks, but the profit is not long in coming. In the future, we will test the Expert Advisor on our server, so do not forget to look at the Expert Advisor Test . Thanks for your attention, good luck!