Home Forex Service Review Miser 4 Intraday Trading System (EA) Review

Miser 4 Intraday Trading System (EA) Review

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Miser 4 is located within the Experts section of the MQL5 marketplace. It was created by Andrej Nikitin and was uploaded on the 20th of March 2020, it has not had any additional updates so the software is still at version 1.0.

Overview

Miser 4 is an expert advisor that was created to be used with the MetaTrader 4 trading platform, it is an intraday trading EA that aims to make profits on short term price movement. The EA has been optimized to work with specific currency pairs, by default it does not use the martingale strategy but this can be turned on.

There is not a lot of information available about how the EA actually trades, such as its actual strategy which is a shame.

There are a lot of parameters that can be sued to help adjust the functions of the EA, some of these settings include the management of risks such as slippage, trade limits and more, there are also settings for stop losses, take profits, trailing stops, time periods for the indicators, time of days to trade, and more.

Service Cost

The Miser 4 EA can be purchased with a one-time payment of $376, this will get you up to 5 activations of the EA with no other limitations, there is also the option to rent the EA, this can be done over a period of six months, this will cost you $250 to do so. There is a free demo account that can be sued with the MT4 strategy tester rather than on a live account.

Conclusion

There are currently no user reviews or ratings at the time of writing this so we do not know whether people are finding the EA profitable or whether it is doing what it is intended to do, there are also no comments from users so we do not know if the developer is offering support, due to this we would suggest contacting them, just to make sure they will be there should you decide to get the EA and then need some support. Due to the higher price, we would recommend asking as many questions as you can.

This Forex Indicator is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/47366

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