Simple Martingale MT4

Simple Martingale MT4 is a semi-automated trading strategy based on the Martingale strategy (which involves doubling the size of your position after each loss). This strategy can be used on any currency pair.

Input Parameters:

  • mn: Unique magic number for orders.
  • MaxSpread: Maximum allowable spread for entering a trade.
  • riskInPoint : Take-profit and  Stop-loss levels in points.
  • StartInvestment: Initial investment.
  • LostMultiplier: Multiplier for increasing the investment after a losing trade.
  • MaxInvestment: Maximum allowable investment.
  • OrdersType: Order type (BUY - buy, SELL - sell).
  • StopAfterProfitableDeal: Stop trading after a profitable trade.

Values for parameters riskInPoints, and MaxSpread are specified for four-digit quotes; for five-digit quotes, the values will be automatically multiplied by 10.

Example of use:

Based on fundamental and/or technical analysis, we anticipate that the exchange rate of the EUR/USD currency pair will either trade within the current range or appreciate in the near future. In this case, we can use the Simple Martingale MT4 trading strategy by setting the OrdersType input parameter to 'BUY,' while leaving the other input parameters at their default values.


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Bazooka EA
Davit Beridze
5 (2)
Experts
Bazooka EA – Trend & Momentum Expert Advisor for MT4 MT5:  https://www.mql5.com/en/market/product/163078 Default settings are configured to backtest EA on GOLD M5 timeframe with Open Price method from 2024 year till today. Correct settings for other timeframes you will find in comments section. Bazooka EA is a fully automated Expert Advisor for MetaTrader 4 , designed to trade directional market moves using trend confirmation and momentum filtering . The EA focuses on controlled entries and disc
Goldex AI
Mateo Perez Perez
4.31 (29)
Experts
Goldex AI: Today's success will be tomorrow's fruits SUPER DISCOUNT FOR LIMITED TIME! LAST 2 COPIES FOR 299 USD BEFORE PRICE WILL INCREASE. Real IC Markets signal: Goldex AI High risk Manual and set files: Contact me after purchase to receive the manual and set files. Price: The starting price is $899 and will increase by $199 after every ten sales. Available copies: 2 Goldex AI - Advanced trading robot with neural networks, trend, and price action. Goldex AI is a high-performance trading robot
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