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Demarker Martingale - expert for MetaTrader 4

Aharon Tzadik | English Español Português 日本語 Deutsch

Views:
7694
Rating:
votes: 11
Published:
2018.11.30 09:27
Updated:
2020.04.02 13:07

This Martingale EA trades with "Demarker" indicator, it is considered relatively safe because it takes a single trade at a time.

  has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.

If we lose a trade then the EA will take a new trade with a multiplied lot size,the EA has a special formula for calculating lot size.

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).

Try it on demo first.

This EA trades only with the price of open candle!

Trade volume of a position depends on previous trading results.

It provides the possibility to limit the maximum risk (in % of deposit) of the trade.

If you want to trade with constant lotsize say:0.01 lot ,you need to set "MaximumRisk =0" and "DecreaseFactor=0"

Or else you will have a calculation of  Percent (%) of deposit and MaximumRisk.

Inputs

  • 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).
  • Lots - Lots 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 (values: 10-100).
  • MagicNumber - Magic number (values: 1-100000).
  • TakeProfit - Take Profit (values: 10-100).
  •  period=Demarker indicator period (values: 5-30).
How to perform back test:https://bit.ly/2CD7XWD
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