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Experts

Precipice MartIn - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
5393
Rating:
(24)
Published:
2018.01.22 09:56
Updated:
2018.02.28 14:51
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The author of the idea: Gladiator, the mq5 code author: barabashkakvn.

Martingale is used. The EA trades either only BUY or only SELL direction.

The best results are obtained during separate trading (either Buy or Sell). Only Buy trades are allowed in the below example:

Precipice MartIn USDJPY M10 Only BUY Martin 1.6

Fig. 1. Precipice MartIn USDJPY M10 Only BUY Martin 1.6.png

Precipice MartIn USDJPY M10 Only BUY Martin 3.0

Fig. 2. Precipice MartIn USDJPY M10 Only BUY Martin 3.0


Input Parameters

  • Use Buy - allowing Buy trades;
  • SL/TP Buy - both the stop loss and take profit of Buy positions;
  • Use Sell - allowing Sell trades;
  • SL/TP Sell - both the stop loss and take profit of Sell positions;
  • Use Martin - allowing the position lot increase;
  • Martin Coefficient - multiplier for losing trades;
  • magic number - Expert Advisor identifier.

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19514

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