In this post I will be reviewing the Minesweeper EA. So far this EA has gained almost 1000% in returns, averaging around 2% per day. For those of you who are unfamiliar with the term EA, it means expert advisor which is affectively a forex robot. Forex robots trade for you fully automated on your trading platform – usually MetaTrader 4. They are the complete set and forget trading solution and require no prior trading experience. If you can follow simple instructions then you can be setup and running with a forex robot such as the Minesweeper EA in just a few minutes and start making profits on autopilot. That being said, the Minesweeper EA has been developed for trading multiple currency pairs fully automated on the MetaTrader 4 trading platform. It is easy to use and suitable for the most novice and advanced traders.
Minesweeper Trading Strategy
Minesweeper EA has a name that for some reason reminds me of old school retro gaming! It was developed by a team of professional traders with more than 5 years of experience coding automated forex trading systems. It will wait only for the perfect opportunity to enter the market for high probability trades and we all know that trading successfully requires immense patience and discipline so this we can say is a great feature. It has excellent diversity trading a staggering 14 currency pairs: EURJPY, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD, GBPUSD, EURJPY, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD, GBPUSD. Now of course, you do not need to trade all these pairs although diversity is a great way to spread your risk. I would personally recommend sticking to the major pairs with low spreads and plenty of liquidity for fast execution such as the EURUSD and GBPUSD. This will also save on your trading costs. The developers specifically recommend the following pairs: EURJPY, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD, GBPUSD. As with any automated forex trading system make sure you are using a true ECN forex broker with low spreads and good liquidity providers. I must say that this EA is only suitable for traders who are happy to take on a little more risk than usual in order to achieve the large gains it is capable of. You could also use minimal lot sizes and gain less but help manage the drawdowns more.
Minesweeper Back Testing
There are no back tests on the Minesweeper EA website but the developers have provided real accounts verified by MyFxBook for us to judge recent performance.
Minesweeper Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Overall I will say that the Minesweeper EA can make very good gains, consistently taking winning trades although you must be prepared to have some draw downs. Do not use large lots or risk as the drawdowns could become unmanageable. That is not to say it is dangerous when used correctly. Check out the latest live results for more statistics on gains and drawdowns so you have more of an idea of what to expect. It is very flexible trading a wide range of pairs for all traders’ preferences. It comes with full support, licenses and detailed instruction manual for a fast and easy setup.