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Experts

Reversing Martingale EA - expert for MetaTrader 5

Andrey Barinov

Views:
1126
Rating:
votes: 18
Published:
2019.08.11 04:37
Updated:
2019.08.12 06:38

This Expert Advisor is based on a very popular but dangerous strategy which doubles the stakes after each loosing trade. Finally, if there is enough margin, it will reverse into the direction of the current price movement and will eventually close in profit, compensating for the entire loosing series.


This code can be used in both MetaTrader5 and MetaTrader4. Just change the file extension from .mq5 to .mq4 and compile the file in MetaEditor.

This expert advisor is designed with visual strategy builder - Mission Automate. Code is generated automatically. More info: https://www.mql5.com/en/articles/4951

This EA is available as a template in a free demo version, so you can easily modify / customise it without programming.


Parameters

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Examples

trades


Backtest

results

    RSI Levels Expert Advisor RSI Levels Expert Advisor

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    Bars and Rates Information Utility, displays how many bars there are in all timeframes for any user selected symbol, and shows the 'CopyRates' information availablity for any bar Bars and Rates Information Utility, displays how many bars there are in all timeframes for any user selected symbol, and shows the 'CopyRates' information availablity for any bar

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    SeriesIntegerInfo and Rates Bar Information Utility, displays how many bars there are in all timeframes for any user selected symbol, and shows the 'CopyRates' information availablity for any bar SeriesIntegerInfo and Rates Bar Information Utility, displays how many bars there are in all timeframes for any user selected symbol, and shows the 'CopyRates' information availablity for any bar

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    Parabolic SAR Expert Parabolic SAR Expert

    Classic strategy based on Parabolic SAR indicator. With Auto Lot options and Trailing Stop. This expert advisor is designed with visual strategy builder - Mission Automate. Code is generated automatically. More info: https://www.mql5.com/en/articles/4951