Martingale Organizer
- Utilitys
- Mehran Sepah Mansoor
- Version: 1.10
- Aktualisiert: 7 November 2021
- Aktivierungen: 5
This is an auxiliary tool for managing open trades (manually or by other experts) and adding Martingale Grid trades if the conditions are right.
In other words, with the help of this tool, you can add a Martingale System to any other expert with any strategy.
We all know that Martingale method, despite its good advantage, has a disadvantage and that is huge Draw Down (DD). To control this, a DD Reduction Algorithm has been developed in the system to help you.
Inputs
General Settings
- Show Panel : On/Off Info Panel
- Texts Color : Set texts color
- Magic Number : Set Magic Number (-1 : All Trades)
- Max Cycle Orders : Maximum allowed orders for each cycle (Buy/Sell)
- Start Lot : First order Lot Size
- Profit Type : There are two types ( USD / Points)
- Profit : Amount of Profit
- Include Swap : Include Swap amount in P/L calculations
- Include Commission : Include Commission amount in P/L calculations
- Hidden TP : true means hide TP
Martingale Settings
- Add Martingale Orders : Allow EA to add Martingale Orders
- Martingale Multiplier : Lot Size Multiplier for Martingale Orders
- Maximum Lot Size : Maximum allowed Lot Size
- Martingale Calculation Type : There are three types for Martingale Calculations, 1) LotWeighted--->Total Profit=Profit * Sum of Lot Sizes, 2) Count--->Total Profit=Profit * Number of orders and 3) First--->Total Profit=Profit
- Time Distance Type : There are three type for time distance unit (Minutes / Hours / Candles)
- Time Distance: Minimum required time interval from previous trade
- Distance Mode : There are two Modes, 1) ATR --->use ATR indicator and a multiplier for Minimum Price Distance, and 2) Fixed ---> use Fixed Points for Minimum Price Distance
- Fixed Distance : Fixed Points for Minimum Price Distance
- ATR Period : ATR Indicator Period (used for distance Mode = ATR)
- ATR Multiplier : ATR Indicator Multiplier (used for distance Mode = ATR)
DD Reduction Settings
- DD Reduction : On/Off DD Reduction Feature
- Minimum Trades That Should Remain : Minimum alive orders after DDR
- Profit Ratio (%) : Net Profit/Loss value
- Max DD (%) : Maximum Allowed DD % (After this value all orders will be closed)