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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Olivier Nomblot
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NEURALIS CORTOID GOLD   The Adaptive Intelligence Built Exclusively for XAUUSD     For NDX       https://www.mql5.com/en/market/product/187869   https://www.mql5.com/en/signals/2385985  ; Early days the brain started learning . You can set the EA one timeframe, one trade  . I use a few timeframes and a basket , but this EA in no way is a grid or martigale ; you set the lots and no of trades. Back tests on neurals are very difficult especially in mt4 ; the mt5 version of this EA has excellent ba
Bitcoin Scalp Pro
Profalgo Limited
5 (4)
Experts
NEW PROMO: Only a few copies copies available at current price Final price: 999$ NEW: From 349$ or higher --> Choose 1 EA for free! (for 2 trade account numbers) Make sure to check out our " Ultimate EA combo package " in our   promo blog ! LIVE SIGNAL Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates i
Kenni Trades Gold Breakout MT4
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Limited-time 30-day promotion: Get Kenni Trades Gold Breakout for only $499.99 —regularly $799.99 —and receive Kenni Daily Scalp Breakout Gold FREE with your purchase. This exclusive offer is available for 30 days only. Kenni Trades Gold Breakout  now includes three selectable trading modes:   Kenni Gold Breakout ,   Kenni Daily Scalp Breakout Gold , and   Kenni Prop Firms . Kenni Trades Gold Breakout  is an automated trading system developed specifically for Gold on MetaTrader 4 hedging account
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Name : EURUSD grid MT4 Overview : Opens BUY and/or SELL according to user flags and manages volume in a grid-aware manner, but always trades only EURUSD regardless of chart symbol. Lot selection: base lot, keep previous lot between entries, or increase by base lot on edge steps (as per logic). Includes spread filter with digit adjustment, volume validations, and margin check. Basket close by profit and equity safeguard are implemented. Key features : - Optional dual-side trading (BUY/SELL) -
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Name : GBPJPY   grid MT4 Overview : Opens BUY and/or SELL according to user flags and manages volume in a grid-aware manner, but always trades only GBPJPY   regardless of chart symbol. Lot selection: base lot, keep previous lot between entries, or increase by base lot on edge steps (as per logic). Includes spread filter with digit adjustment, volume validations, and margin check. Basket close by profit and equity safeguard are implemented. Key features : - Optional dual-side trading (BUY/SELL
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