Multi-Currency Price Action EA | 3.1/5 Rating
Bonnitta EA, developed by Ugochukwu Mobi, is an advanced Expert Advisor based on Pending Position Strategy (PPS) with a very advanced secretive trading algorithm. This EA combines custom indicators, trendlines, support & resistance levels (Price Action) and sophisticated trading algorithms. With a 3.1/5 rating on MQL5 and over 13,452 demo downloads, this tool has been extensively tested over 100+ weeks (2+ years) on real money accounts.
The EA was tested and has successfully passed stress tests with slippage and commission approximate to real market conditions using real ticks with 99.9% quality over a period of 22 years. It contains algorithms for statistics collection and slippage control with complete statistics control, protecting users from broker tricks. The EA controls broker execution quality before placing orders and has passed strict criteria in terms of historical data and Monte Carlo simulations.
Based on our comprehensive analysis of Bonnitta EA, here's what our AI system found and what it means for you:
What this means: The EA shows moderate accuracy in trade execution. At 78%, it's below the 80% threshold we consider good, indicating some reliability issues. This suggests the pending position strategy has mixed results in identifying profitable opportunities in EUR currency pairs.
What this means: With a profitability score of 7/10, this EA shows moderate profit potential. Some users report 20% monthly returns, but the high drawdown and random exit strategy limit overall profitability. The premium pricing ($5,500) may not justify the performance level.
What this means: Moderate speed rating indicates slower execution due to the pending position strategy. The EA waits for specific price levels rather than executing immediately, which can be slower than market orders but may provide better entry points on EUR currency pairs.
What this means: Low reliability score indicates significant stability issues. The 3.1/5 MQL5 rating with 23 reviews and 13,452 demo downloads shows mixed feedback. Users report multiple bugs across different versions and the need for constant monitoring, suggesting reliability concerns.
Our AI analysis recommends caution with Bonnitta EA due to reliability concerns. With moderate accuracy (78%), moderate profitability (7/10), and slow execution (6/10), this EA has significant limitations. The pending position strategy shows potential but requires constant monitoring due to multiple bugs and inconsistent performance.
Best suited for: Experienced traders who can monitor the EA constantly and intervene manually when issues arise. The EA's price action analysis and multi-currency support may appeal to advanced users willing to manage its reliability issues.
Consider this EA if: You want to trade EUR currency pairs with price action analysis, have experience managing EA bugs, and are willing to pay premium pricing ($5,500) despite mixed performance results.
Advanced secretive trading algorithm based on Pending Position Strategy that combines custom indicators, trendlines, and support & resistance levels for comprehensive price action analysis on EUR currency pairs.
MultiCurrency in OneChart option allows trading multiple EUR pairs (EURUSD, EURCHF, EURGBP) simultaneously from a single chart, providing diversified trading opportunities and risk distribution.
Built-in news filter and Auto GMT Time functionality to avoid risky trades during high-impact news events and market volatility periods, protecting capital during uncertain market conditions.
Specifically designed for EUR currency pairs (EURUSD, EURCHF, EURGBP) trading on H1 timeframe. The EA works with any broker offering these pairs and includes comprehensive price action analysis.
Includes algorithms for statistics collection and slippage control with complete statistics control, protecting users from broker tricks and ensuring quality execution before placing orders.
Successfully passed stress tests with 99.9% quality over 22 years of historical data and Monte Carlo simulations. Tested for 100+ weeks (2+ years) on real money accounts with comprehensive backtesting results.
Bonnitta EA uses a unique Pending Position Strategy (PPS) with advanced secretive trading algorithms that combine custom indicators, trendlines, and support & resistance levels for comprehensive price action analysis on EUR currency pairs.
Our analysis confirms the moderate speed rating of 6/10, with this Expert Advisor using pending orders on H1 timeframe. The MultiCurrency in OneChart option allows trading multiple EUR pairs simultaneously, providing diversified trading opportunities.
Bonnitta EA has been extensively tested over 100+ weeks (2+ years) on real money accounts with 99.9% quality over 22 years of historical data. The EA includes algorithms for statistics collection and slippage control to protect users from broker tricks.
Bonnitta EA Configuration:
For detailed setup instructions and configuration guide, please refer to the installation manual provided after purchase.
Bonnitta EA is available for purchase on the official MQL5 marketplace for $5,500 USD. The purchase includes 5 activations, comprehensive setup instructions, and access to the advanced Pending Position Strategy technology.
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🏠 Explore All AI-Rated Forex ToolsUsers consistently praise the EA's excellent entry strategy and good order management. One user noted: "The EA has an excellent entry strategy and good order management."
Some users report good monthly returns. One user mentioned: "I made 20% for my first month. Let's see in the longer period." Another noted: "I started using Bonnitta Ea from November 28th, up to now it has given me great satisfaction."
Users appreciate the advanced price action analysis and pending position strategy that combines custom indicators, trendlines, and support & resistance levels.
Users report multiple bugs across different versions. One user noted: "I have now experienced four versions since I bought it and each one brings new bugs. Sometimes major parameters are changed without any warning."
Users report high drawdown and random exit strategy. One user mentioned: "The exit strategy is fairly random which means that drawdown can be high, and profits can be left on the table."
Users emphasize the need for constant monitoring and manual intervention. One user noted: "You need to babysit the EA constantly and intervene manually when things go wrong."
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Bonnitta EA is priced at $5,500 USD on the official MQL5 marketplace. The purchase includes 5 activations, comprehensive setup instructions, and access to the advanced Pending Position Strategy technology. There's also a free demo version available for testing.
Bonnitta EA uses a unique Pending Position Strategy (PPS) with advanced secretive trading algorithms. It combines custom indicators, trendlines, and support & resistance levels for comprehensive price action analysis. With multi-currency support and extensive testing over 22 years, it's designed for EUR currency pairs on H1 timeframe.
After purchasing Bonnitta EA from MQL5, copy the .ex4 file to your MetaTrader 4 Experts folder. Attach it to EURUSD, EURCHF, or EURGBP H1 chart with default settings. Give the EA access to news list website and time server for optimal functionality.
VPS is optional but recommended for continuous operation of Bonnitta EA. The EA can work on any reliable broker offering EUR currency pairs. The pending position strategy may benefit from continuous monitoring, but it's not strictly required.
Bonnitta EA supports EURUSD, EURCHF, and EURGBP currency pairs on H1 timeframe. The EA features MultiCurrency in OneChart option, allowing you to trade multiple EUR pairs simultaneously from a single chart for diversified trading opportunities.
The Pending Position Strategy (PPS) uses advanced secretive trading algorithms that combine custom indicators, trendlines, and support & resistance levels for comprehensive price action analysis. The EA places pending orders at specific price levels rather than executing immediately, waiting for optimal entry points on EUR currency pairs.
Ugochukwu Mobi provides support through the MQL5 marketplace and community comments. However, user feedback indicates inconsistent developer response and the need for constant monitoring due to multiple bugs across different versions. Users report mixed experiences with developer support.