In this post I will be reviewing the Minesweeper EA. 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 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 beginner 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 traders with more than 5 years of experience coding automated forex trading systems.
It will wait for an opportunity to enter the market for high probability trades. It has 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 if you dont want to. I would personally stick to the major pairs with low spreads and plenty of liquidity for reliable execution such as the EURUSD and GBPUSD. This can also save on trading costs.
The developers specifically recommend the following pairs: EURJPY, EURUSD, USDJPY, USDCAD, USDCHF, AUDUSD, GBPUSD.
As with any automated forex trading system I would want to be using an ECN forex broker with low spreads and good liquidity providers.
Minesweeper Back Testing
There are no back tests on the Minesweeper EA website which is a disappointment.
Minesweeper Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Minesweeper EA is dangerous in my opinion. I would use another forex robot with better money management. It is however 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.