Bot Martingala Ema

Job finished

Execution time 20 hours
Feedback from customer
Professional, fast, and attentive to the client — what can I say, it’s rare to find developers like him. Thank you for the great work

Specification

1. Pair and timeframe: USDJPY H1

2. Rules for opening the first position:

Martingale strategy.

Open a position only when the price is 80 pips away from the EMA50.

If the price is below the EMA50 by 80 pips, open a buy martingale.

If the price is above the EMA50 by 80 pips, open a sell martingale.

3. Lot size increment:

Fixed increments of 0.05 lots (first position 0.05, second 0.10, third 0.15, etc.).

If possible, make this adjustable (e.g., 0.01, 0.02, 0.03, etc.).

4. Distance between positions:

New positions every 30 pips.

Never open positions against the trend direction of the martingale.

Never open two positions at the same price level.

5. When to close all positions:

Close all positions when 45% of the total positions are in profit, except:

First position: if no other positions are opened, close at +50 pips.

Second position: if only two positions are open, set TP at +50 pips from the second and +20 pips from the first.

From the third position onward: close all when 45% of positions are in profit.

6. Risk limits:

No limit on the number of open positions.

The only limit is the account balance.

No max drawdown restriction.


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Project information

Budget
150 - 250 USD
Deadline
from 6 to 10 day(s)