Yarukami Mnukakashi EA MT4 V10.6 – The Gold Grid Expert

Yarukami Mnukakashi EA for MT4 by Aleksandr Kazmirchuk

Introduction

The Yarukami Mnukakashi EA is a powerful and highly effective automated trading advisor (EA) for MetaTrader 4 (MT4), designed by Aleksandr Kazmirchuk. This expert advisor focuses on maximizing profits in the Forex and commodity markets, specifically with gold trading.

It incorporates a combination of advanced trading strategies, including grid and Martingale, making it a popular choice for traders looking to amplify their returns. Available exclusively on CheaperForex.com, this EA provides a fully automated solution to execute trades with minimal manual intervention, ideal for both novice and experienced traders.

Description of Yarukami Mnukakashi EA

The Yarukami Mnukakashi EA is built on a complex strategy that uses a combination of grid trading and Martingale techniques, allowing it to capitalize on market fluctuations. The EA operates 24/7, but it is highly recommended to avoid trading during the American session due to its higher volatility. A safe and effective setting is to aim for a $30 to $40 daily profit per 0.01 lot, ensuring steady account growth.

This EA allows traders to either trade in one direction (long or short) or in both directions simultaneously, providing a flexible trading approach. It uses a combination of Moving Averages (MA), Bollinger Bands (BB), and Momentum indicators to determine entry and exit points. The Martingale component increases lot sizes after each loss, which accelerates profit recovery but also comes with increased risk. The grid trading strategy is employed to average out positions, ensuring that even in ranging markets, profits can be extracted.

In terms of risk management, the EA features an option to forcibly close open trades at the end of each trading session to avoid overnight risks and unexpected market shifts.

Trading Specifications

To optimize the performance of Yarukami Mnukakashi EA, it’s crucial to follow the recommended settings:

• Recommended Pair: GOLD (XAU/USD)
• Timeframe: M1 (1-minute chart)
• Minimum Balance: $500 (for 0.01 lot size)
• Lot Size: 0.01 (scalable based on account balance)
• Profit Target: $30 to $40 daily profit per 0.01 lot
• Trading Strategy: Grid with Martingale
• Indicators Used: Moving Averages (MA), Bollinger Bands (BB), Momentum
• Risk Management: Forcibly close trades by the end of each session to avoid overnight risks

The EA is best suited for highly liquid instruments such as gold, and thanks to its combination of the grid and Martingale strategy, traders can potentially maximize profits during both trending and ranging markets. However, it’s essential to keep in mind the higher risk associated with Martingale, as it involves increasing lot sizes to recover from losses.

Our Thoughts

The Yarukami Mnukakashi EA is an aggressive trading solution that is well-suited for traders with a high tolerance for risk. While the use of grid and Martingale strategies can accelerate profits, they also come with increased exposure to potential losses, especially in volatile markets like gold. That said, the EA’s integration of technical indicators (MA, Bollinger Bands, Momentum) helps balance this risk by making well-informed entries and exits.

The EA’s flexibility, allowing users to trade in one direction or both simultaneously, makes it adaptable to various market conditions. The forced trade closure at the end of the session is a welcome feature for those concerned about overnight risks, adding an extra layer of risk control.

Backtesting results show a consistent equity curve with moderate drawdowns, demonstrating the effectiveness of the strategy when managed properly. Traders who are comfortable with the Martingale and grid approaches will appreciate the EA’s ability to extract profits from even small market movements.

Reviews

Feedback from early users of Yarukami Mnukakashi EA has been positive, especially from traders familiar with high-risk, high-reward strategies like Martingale. Users have praised the EA for its consistent profitability and reliable performance when used with proper account management. Some have highlighted the flexibility to avoid high-volatility sessions, such as the American trading session, as a useful feature for reducing risk. Others appreciate the automated setup, which minimizes the need for constant monitoring.

Conclusion

In summary, the Yarukami Mnukakashi EA for MT4 by Aleksandr Kazmirchuk is a versatile and aggressive trading tool designed for traders who are comfortable with risk. It leverages the combined power of grid trading and Martingale, supported by technical indicators like Moving Averages, Bollinger Bands, and Momentum, to maximize profits in the gold market.

While the use of Martingale carries inherent risks, when used correctly, it can deliver substantial gains, as demonstrated in backtests with a starting balance of $500. The EA’s flexibility and robust risk management features, such as forcibly closing trades at the end of the session, make it an attractive choice for traders looking to balance risk and reward.

Available now on CheaperForex.com, this EA offers an excellent opportunity for traders to take advantage of automated gold trading with customizable settings and regular updates. Whether you are an experienced trader familiar with grid and Martingale or a beginner willing to explore high-reward strategies, the Yarukami Mnukakashi EA could be the right fit for your trading arsenal.