EMA Martingale MT5

This is a simple EA which works on the EMA crossover strategy. It uses fixed pips to put hard Stop Loss and Take Profit levels on every trade. Warning! This is a martingale system which may or may not wipe your trading account. If you want to take the risk anyway then must use it with proper money and risk management.

NOTE: Martingale is good for compounding the account in less time. In other words, “Grow it or Blow it!”


POINTS:

1. Martingale System

2. Works in all markets.

3. Very Risky!

4. Hard Stop Loss

5. Hard Take Profit

6. 100% Automatic Trading

7. Good for Big Capital

8. Uses Trend indicator i.e., EMA

 

INPUTS:

1. Lot Size- This is the initial lot size for opening a trade in Martingale System. (Use lowest possible volume for your trading account)

2. Stop Loss Pips- Set stop loss level in pips.

3. Take Profit Pips- Set take profit level in pips.

5. Candle ID- EMA crossover is based on this number candle. (o means current candle (not closed), 1 means previous candle(closed) and so on!)

6. EMA Trend- Uses 200 (default) period EMA as a trend confirmation.

7. EMA Fast- Fast/Small EMA period in crossover. (Default is 5)

8. EMA Slow- Slow/Big EMA period in crossover. (Default is 12)

9. Max Lot Size- This is the maximum possible lot size for opening a trade in Martingale System.


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Impulse MT5
Simon Reeves
5 (15)
Experts
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Read my analysis of Impulse compared to similar grid systems:  https://www.mql5.com/en/blogs/post/773192 Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and e
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Shengzu Zhong
4.5 (4)
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Real Trading Account — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra uses the same core trading logic and execution framework as the verified live signal shown above on MQL5. When running the EA with the recommended optimized settings on a reputable ECN/RAW-spread broker ( e.g., TMGM ), its live trading behavior is designed to closely follow the trade structure, risk management, and execution characteristics demonstrated by the live signal. Please note that ind
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