Experts: Reversing Martingale EA

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Automated-Trading
149745
Automated-Trading  

Reversing Martingale EA:

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 move and will eventually close in profit. The EA is automatically generated with Mission Automate - visual strategy builder. More info: https://www.mql5.com/en/articles/4951

Reversing Martingale EA

Author: Andrey Barinov

Reversing Martingale EA
Reversing Martingale EA
  • www.mql5.com
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...
Jodie Hank
101
Jodie Hank  

Hi there, thanks for sharing this, but still I can say that it is the best way to do trading as our ancestor did, especially in doing gambling.

As an improvement idea:

1. can we make that first and second orders opened with the same lot? so the opening is about, 0.01 lot, 0.01, 0.02, 0.04 or 0.01, 0.01, 0.02, 0.03 and so on.

2. can we make variable stepping which is widening after for example 4 orders opened? for example, first group of stepping is 14 pips, next stepping group is 21 pips, and the last stepping group is 35 pips.

Thanks in advance.

Andrey Barinov
49055
Andrey Barinov  
Jodie Hank:

Hi there, thanks for sharing this, but still I can say that it is the best way to do trading as our ancestor did, especially in doing gambling.

As an improvement idea:

1. can we make that first and second orders opened with the same lot? so the opening is about, 0.01 lot, 0.01, 0.02, 0.04 or 0.01, 0.01, 0.02, 0.03 and so on.

2. can we make variable stepping which is widening after for example 4 orders opened? for example, first group of stepping is 14 pips, next stepping group is 21 pips, and the last stepping group is 35 pips.

Thanks in advance.

Hi,

in the description there is a link to the article and free version of Visual Strategy builder where you can edit this strategy in any way you want without programming.

PM me if you have any questions.

Jodie Hank
101
Jodie Hank  

Hi Andrey,

Thanks a lot.

prasad
7
prasad  
can i apply this software in real account?
Andrey Barinov
49055
Andrey Barinov  
prasad:
can i apply this software in real account?
Yes you can
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