The EA uses two modes of martingale strategy:
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.
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 -
So how many pips would you like to move the stop loss above the price line of the open trade-
This EA trades only with the price of open candle!
You need to perform back test with "open prices only" option,
Links to more efficient versions in the Market:
Calculate Pivot Points based on H1 bar, according to normal formula and Fibonacci, with color filling.RSISignal
This indicator is based on original RSI, but more features are added to general signals and watch the strength of the price movement. The main purpose is to general buy/sell signals using smoothed RSI and its MA.