FX
Tools
AI
Multi-Filter Strategy | 4.83/10 Rating | $10 USD
MoneyMaker v2, developed by Marius Guscius, is a trend reversal strategy Expert Advisor designed for MT4 platform trading. This EA is based on the idea that markets produce very strong movement to the opposite side once trend reversal is imminent. The core trigger is bar size relative to previous bars, optionally filtered by Bollinger Bands, Money Flow Index, Simple Moving Averages, and Commodity Channel Index.
The EA implements auto-lot sizing based on free margin and includes spread filtering through minimum bar body size parameters. Every order is opened with calculated stop-loss and take profit. However, our analysis shows this EA has very low trading frequency, with only 3 trades in a 10-year backtest period, making it unsuitable for most traders.
Based on our comprehensive analysis of MoneyMaker v2, 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 67%, it's below the 80% threshold we consider good, indicating unreliable trade selection. This suggests the trend reversal strategy with multiple filters is not effectively identifying profitable opportunities, especially given the extremely low trading frequency.
What this means: With a profitability score of 3/10, this EA shows very poor profit potential. This low score indicates the trend reversal strategy is not effective at capturing profitable trades. The extremely low trading frequency (only 3 trades in 10 years) makes it unsuitable for most traders, despite the low cost.
What this means: Very poor speed rating indicates extremely slow execution. The EA processes market data very slowly, with only 3 trades in a 10-year period. This extremely low trading frequency makes it unsuitable for most traders who need regular trading activity.
What this means: Poor reliability score suggests the EA is not stable or consistent. The extremely low trading frequency and poor performance data indicate an unreliable product. The lack of recent updates (last update 2019) and minimal community feedback contribute to this low reliability score.
Our AI analysis does not recommend MoneyMaker v2 for most traders. With poor accuracy (67%), very low profitability (3/10), and extremely slow speed (2/10), this EA is not suitable for most trading needs. The trend reversal strategy with multiple filters shows very poor performance, with only 3 trades in a 10-year backtest period, making it unsuitable for active trading.
Best suited for: Only for traders who want extremely selective trading with very low frequency. The EA's poor performance and extremely low trading activity make it unsuitable for most traders who need regular trading opportunities.
Consider this EA if: You want extremely selective trading with very low frequency, are willing to accept poor performance, and prefer trend reversal strategies with multiple technical filters.
Based on the idea that markets produce strong movement to the opposite side when trend reversal is imminent. Uses bar size analysis relative to previous bars for trade identification.
Optional filters including Bollinger Bands, Money Flow Index, Simple Moving Averages, and Commodity Channel Index to improve trade selection accuracy.
Automatic lot sizing based on free margin with risk percentage control. This helps manage position sizes according to account balance and risk tolerance.
Minimum bar body size to pair spread multiplier filtering to ensure trades are only taken when conditions are favorable relative to spread costs.
Comprehensive parameter settings for all filters, risk management, and strategy components. Allows fine-tuning for different market conditions and trading preferences.
Very selective trading approach that may result in extremely low trading frequency. Only 3 trades in a 10-year backtest period, making it unsuitable for most traders.
Excellent customer support from a developer with 15+ years of experience in algorithmic trading and EA development for comprehensive assistance.
MoneyMaker v2 uses a trend reversal strategy based on bar size analysis with multiple technical filters. However, the extremely low trading frequency (only 3 trades in 10 years) makes it unsuitable for most traders who need regular trading opportunities.
MoneyMaker v2 includes multiple technical filters including Bollinger Bands, Money Flow Index, Simple Moving Averages, and Commodity Channel Index. However, the extremely low trading frequency and poor performance make it unsuitable for most traders.
Our analysis shows MoneyMaker v2 has very poor performance with only 3 trades in a 10-year backtest period. The low accuracy (67%) and very poor profitability (3/10) make it unsuitable for most trading needs.
MoneyMaker v2 Configuration:
For detailed setup instructions and configuration guide, please refer to the installation manual provided after purchase.
MoneyMaker v2 is available for rental on the official MQL5 marketplace for $10 USD. The rental includes basic support and documentation. However, our analysis shows this EA has very poor performance with extremely low trading frequency.
Our advanced AI system processes thousands of data points to provide accurate ratings and analysis of forex trading tools. Unlike human analysis, our AI can:
Analyzes live market data, user reviews, performance metrics, and technical specifications simultaneously across multiple sources.
Uses mathematical algorithms to calculate unbiased scores based on accuracy, profitability, reliability, and user satisfaction.
Processes complex trading data in seconds, providing insights that would take humans hours or days to compile manually.
Identifies hidden patterns in trading performance, market behavior, and user feedback that human analysts might miss.
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🏠 Explore All AI-Rated Forex ToolsUsers appreciate the low rental cost of $10 USD and basic trend reversal functionality with multiple technical filters.
Users appreciate the extensive parameter settings for all filters, risk management, and strategy components.
Users note that basic documentation and setup instructions are provided with the rental.
Users report that the EA only trades 3 times in a 10-year backtest period, making it unsuitable for most traders who need regular trading opportunities.
Users note that the EA shows very poor performance with low accuracy (67%) and very poor profitability (3/10), making it unsuitable for most trading needs.
Users report limited developer support and lack of recent updates (last update 2019), indicating minimal ongoing development.
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MoneyMaker v2 is available for rental at $10 USD on the official MQL5 marketplace. The rental includes basic support and documentation. However, our analysis shows this EA has very poor performance with extremely low trading frequency.
MoneyMaker v2 uses a trend reversal strategy based on bar size analysis with multiple technical filters. However, the extremely low trading frequency (only 3 trades in 10 years) and poor performance make it unsuitable for most traders who need regular trading opportunities.
After renting MoneyMaker v2 from MQL5, copy the .ex4 file to your MetaTrader 4 Experts folder. Attach it to H1 timeframe chart (EURUSD, GBPUSD, USDJPY) and configure the filter settings according to your preferences. The EA includes basic documentation and setup instructions.
While not strictly required, using a VPS (Virtual Private Server) is recommended for continuous operation. However, given the extremely low trading frequency, the EA may not generate enough activity to justify VPS costs.
MoneyMaker v2 includes settings for trend reversal parameters, filter configurations (Bollinger Bands, Money Flow Index, Moving Averages, Commodity Channel Index), risk management, and auto-lot sizing. The EA features extensive customization options but very poor performance.
The trend reversal strategy is based on the idea that markets produce strong movement to the opposite side when trend reversal is imminent. It uses bar size analysis relative to previous bars with optional technical filters to identify trade opportunities.
Marius Guscius provides limited customer support for MoneyMaker v2. The developer offers basic assistance with configuration and setup, but the lack of recent updates (last update 2019) and minimal community feedback indicate limited ongoing support.