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Matrix Arrow EA MT4/5 – The Passive Income Project – Other – 12 September 2022

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✔️ Matrix Arrow EA MT4©: 


✔️ Matrix Arrow EA MT5©: 

✔️  Matrix Arrow Indicator MT4: 

✔️  Matrix Arrow Indicator MT5: 

Matrix Arrow EA MT4/5 – The Passive Income Project

  • Are you tired of ‘holy grails’ and ‘super robots’?

  • Would you like to earn 100-150% ** yearly with 1% risk per trade and low drawdown?

  • Welcome to the Matrix Arrow EA MT4/5 Passive Income Project!

** these growth projections are only assumptions based on the optimization and backtest results described in this blog and not a guarantee of future performance of the Matrix Arrow EA MT4/5 and Matrix Arrow Indicator MT4/5.

Live Signal Monitoring

Matrix Arrow EA MT5 PIP: 

** this signal is based on the Matrix Arrow EA MT5 & Matrix Arrow Indicator MT5 and is using variations of the set files that are the result of the optimization procedure that is described in this blog. I perform adjustments on these set files periodically in order to adapt to the current market conditions.

In this guide you will learn how you can put the Matrix Arrow Indicator MT4/5 and Matrix Arrow EA MT4/5 to work and earn for you an average profit of 5-10% monthly or 100-150% yearly with risking only 1% per trade and keeping a low drawdown.

All this can happen by using the default Matrix Arrow Indicator MT4/5 and Matrix Arrow EA MT4/5 settings and by optimizing only 2 parameters, the timeframe and the trading hours for any symbol/instrument you want to trade with.

This is the simplest and safest method for turning your Matrix Arrow Indicator MT4/5 and Matrix Arrow EA MT4/5 into a passive income money making machine, transforming your forex rollercoaster journey to a long term investment project.

I will describe all the necessary steps for obtaining those settings that will allow you to trade many forex pairs, commodities, indexes and cryptos, by putting together a well balanced portfolio that will bring you a healthy return with the minimum of exposure and danger for your capital under all market conditions.

1. In order to avoid any surprises and suffer uncontrollable losses in this project, I personally avoid and I advise you to skip all CHF pairs, since SNB is the one central bank that doesn’t kidding when it comes to interest rate decisions or currency interventions in order to support or devaluate the swiss currency. So I strongly advise you NOT to touch any of the CHF pairs and to search online about what happened in January of 2015.

2. All the procedure that I will describe below can be done without purchasing either the Matrix Arrow Indicator MT4/5 or the Matrix Arrow EA MT4/5. You can follow all below steps and find your preferable settings for this project, by simply download the demo versions of these 2 products from your MT4/5 terminal’s Market tab or option. Then if you are happy with the results you can rent or buy the Matrix Arrow Indicator MT4/5 and Matrix Arrow EA MT4/5 to put them to work for you.

3. In the sequence I will describe below I use the MT5 Strategy Tester for various reasons. The more important of those are:

  • the more efficient way the MT5 tester works
  • the ability to download the necessary tick data automatically from the broker’s and not Metaquotes server
  • and finally the availability of much more timeframes that will help us find better setups more easily

You can use the MT4 ** Strategy Tester if you want, but you need to know from the beginning that your task will be more difficult, time consuming and your backtest and optimization results much less trustworthy. So first you need to find a broker with a reliable MT5 Strategy Tester. Not all brokers are equal in many terms and also in the efficiency of their MT5 Strategy Tester. In my experience well known and regulated brokers have a much better Strategy Tester experience, so I advise you to find one of those that can perform a 1-2 years backtest with a 99-100% history tick quality. Anything less than that will not be trustworthy and your final results will have no real meaning. In my example below I use the ICMarkets MT5 Strategy Tester, that I have verified repeatedly that is 100% trustworthy.

** The provided Passive Income Project MT4 set files at the bottom of this page, are not the same as the MT5 ones, since MT4 doesn’t offer the variety of timeframes MT5 does. So, MT4 set files are fewer.

4. First you need to make sure that you have either rent/bought or downloaded the demo versions of both the Matrix Arrow Indicator MT5 and Matrix Arrow EA MT5. After confirming that you start by opening the MT5 >> View >> Strategy Tester. Then you click the Settings tab at the bottom of the Strategy Tester and select the Matrix Arrow EA MT5 from the Expert option (1), you select the symbol that you will optimize first (2) EURUSD in our example and below you choose the Custom period option (3) in the Date field and adjust the period that you will optimize manually (4). My suggestion is to choose either a 6, 9 or 12 months period, in order to be closer to the current market conditions. Testing or optimizing many years back will not help you in any way. In my example below I optimize for the last 9 months period. Further down you select the delay of your test trades (5), I always put 50ms in that field because there is no such thing as a perfect execution speed. Then in the Modelling field you should select Every tick based on real ticks (6), since its the highest tick quality option, below adjust the initial deposit, currency and leverage you will use for your tests and optimizations (7) and at the Optimization field you select Disabled (8) in order to run a simple test of the predefined 9 month period in order to force your MT5 Strategy Tester to download the highest quality every tick based on real ticks data for your coming optimization. 

5. Then you click the Inputs tab of your MT5 Strategy Tester and you select: Matrix Arrow Indicator in the Used Indicator setting (9) and the 1 Hour timeframe in the Working Timeframe setting (10). Finally you click the green Start button at the bottom to run your test (11).

6. After your test is finished, your MT5 Strategy Tester has downloaded all the necessary history tick data and you need to check that the quality of this history tick data is good enough to perform your coming optimization. So check in the Backtest tab of your MT5 Strategy Tester that you have a 99% or 100% quality in the green bar area, like in the photo below:

7. If your history tick quality is within the 99-100% acceptable limits, you can proceed by returning back to the Settings tab of your MT5 Strategy Tester and change the Modelling setting to 1 minute OHLC (12) and the Optimization setting to Fast genetic based algorithm (13) in order to perform your optimization in a timely manner and not spend many hours or days to complete it. Don’t worry about these options, because you are going to confirm every finding of your optimization in the highest Every tick based on real ticks quality later.

8. Next you click again the Inputs tab of your MT5 Strategy Tester and you select the Matrix Arrow EA MT5 settings that you will optimize. These are the Working Timeframe and the Trading Hours. So you tick the Working Timeframe option (14) and on the right of it you select the Start step of your optimization, which I advise you to be the M5 or M15 timeframe (15) and the Stop step of your optimization which will be the 1 Day timeframe (16). Its useless and more time consuming to optimize lower than M5 timeframe or higher than 1 Day timeframe in my opinion.

Then you go below and tick the Start Hour setting (17) and you select on the right the Start step of your optimization, which should be the hour 0 (18), the Step which should be 1 (19) and the Stop step that should be 23 (20). That means the the MT5 Strategy Tester will test every variation between the hour 0 and the hour 23, in steps of 1 hour, so it will check all 24 hours of the day. You repeat that step for the End Hour, by clicking the End Hour setting (21), then the Start Step as 0 (22), the Step as 1 (23) and the Stop step as 23 again (24). Finally you click the green Start button at the bottom (25) to begin your optimization. You should know that you don’t need to change or tick anything else in the other settings of the Matrix Arrow EA MT5. We want to avoid any overfitting in our results by optimizing only the ones mentioned above and keeping the original Matrix Arrow Indicator MT5 settings as the base for our optimizations.

9. After the optimization has been finished, you click the Settings tab at the bottom of the MT5 Strategy Tester again and you adjust the Modelling quality to Every tick based on real ticks (26) and the Optimization setting to Disabled (27) in order to check the best of the optimization results with the best possible history tick quality.

10. Then you click the Optimization Results tab at the bottom of the MT5 Strategy Tester and you start checking the best results of your optimization, beginning with those that have the higher balance with the lower drawdown values. So in our example in the photo below we right click on the first 1120.99 result with the 4.19% drawdown and click the Run Single Test option (28). 

11. Next you click the Graph and Backtest tabs at the bottom of the MT5 Strategy Tester and you can see the result of this first test of your optimization results.

12. After you’ve found the best optimization settings that have the best balance between profit and drawdown, you click the Inputs tab at the bottom of the MT5 Strategy Tester again and you change the Use Risk % setting to true (29), you select the Percentage of Average Daily Range in the Use SL/TP in… setting (30) and you put the following values in the settings below (31):

  • Average Daily Range Candles: 5
  • Stop Loss in % of ADR: 100
  • Take Profit in % of ADR: 500

I’ve found that these settings perform better with most symbols/instruments, so I use them in all set files of the Passive Income Project described in this blog.

13. With these new adjustments in the Inputs tab, we perform another backtest to see the final results of our optimized set file for this specific symbol/instrument, EURUSD in this example. The result of this test shows a profit of 15% for the past 9 months, with a max drawdown of 5%, something that is quite healthy and interesting.

14. The only thing that remains now is to save these optimized settings as a set file in order to use it with the Matrix Arrow EA MT5 and Matrix Arrow Indicator MT5 in our trading accounts. So, you click the Inputs tab at the bottom of the MT5 Strategy Tester again and you right click on the upper white part of the window, selecting the Save option (32) in order to save this set file at your desired location in your MT5 terminal or computer.

With this final step we have finished with the optimization of the EURUSD pair. Now you need to repeat this sequence for all the other symbols/instruments that you would like to test and check if you can find profitable setups for them too. In my case this whole quest took me about 2-3 days to complete it, in order to test about 30 instruments and come up with more than a dozen of interesting set files. I am planning to repeat this procedure every 3-4 months in order to update the provided set files for the Passive Income Project at the bottom of this blog/page 3-4 times a year.

2022 MT5 Backtests of the Passive Income Project Provided Set Files

** The provided Passive Income Project MT4 set files at the bottom of this page, are not the same as the MT5 ones, since MT4 doesn’t offer the variety of timeframes MT5 does. So, MT4 set files are fewer.

Live Signal Monitoring

Matrix Arrow EA MT5 PIP: 

** this signal is based on the Matrix Arrow EA MT5 & Matrix Arrow Indicator MT5 and is using variations of the set files that are the result of the optimization procedure it is described in this blog. I perform adjustments on these set files periodically in order to adapt to the current market conditions.

✔️ Matrix Arrow EA MT4©: 


✔️ Matrix Arrow EA MT5©: 

✔️  Matrix Arrow Indicator MT4: 

✔️  Matrix Arrow Indicator MT5: 

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