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Martingale Bone Crusher - expert for MetaTrader 4

Aharon Tzadik | English Español Português 日本語 Deutsch

Views:
19473
Rating:
votes: 19
Published:
2018.05.07 15:18
Updated:
2019.09.17 14:55

The EA uses two modes of martingale strategy:


Strategy 1

The EA enters trades according to the price that is above or below Moving Average. If we lose a trade then the EA will take a new trade in the opposite direction with a multiplied lot size.


Strategy 2

The EA enters trades according to the price that is above or below Moving Average. If we lose a trade then the EA will take a new trade with a multiplied lot size, according to the price that is above or below Moving Average regardless if the previous trade was buy or sell.

This Martingale EA can work on all pairs and all timeframes.

Best timeframe is daily.

Start with 0.01 lot.

 

USEMOVETOBREAKEVEN  system functions like a stop loss

But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you.

If you have reached a certain value of pips with the direction of the trade -

  • WHENTOMOVETOBE - When to move break even (values: 10-100).

So how many pips would you like to move the stop loss above the price line of the open trade-

  • PIPSTOMOVESL - How much pips to move stop loss (values: 10-100).

This EA trades only with the price of open candle!

You need to perform back test with "open prices only" option,


Variables

  • Strategy - strategy 1,strategy 2
  • USEMOVETOBREAKEVEN - Enable "no loss" break even system (values: 0-1).
  • WHENTOMOVETOBE - When to move break even (values: 10-100).
  • PIPSTOMOVESL - How much pips to move stop loss (values: 10-100).
  • Multiply - Multiply for Martingale (values: 2-4).
  • Lotsize - Lot size (values: 0.01-10).
  • TrailingStop-set a value from 10 to 100 to activate trailing stop loss & take profit, "0" will not activate trailing stop loss.
  • Stop_Loss - Stop Loss pips distance (values: 10-100).
  • Take_Profit - Take Profit pips distance (values: 10-100).
  • MA_period - Moving Average period (values: 10-200).
  • MagicNumber - Magic number (values: 1-100000).
  • Start - Start hour(values: 0-24).
  • End - End hour(values: 0-24).
  • Maximum_loss - Maximum loss(values: 0-10)
  • WaitTime - Wait time for loss in minutes (values: 0-999999)
How to perform back test:https://bit.ly/2CD7XWD

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