Martin OI

Description of Martin OI Advisor

Martin OI is an automated trading Advisor implementing a martingale strategy with thoughtful risk control and numerous safety mechanisms. The built-in limits are designed to mitigate the risk of significant drawdowns during martingale sequences.

Modes of Operation

Standard Martin OI algorithm — with the MA filter disabled (Use MA filter = false). Adaptive logic: the Advisor smartly switches trade direction and follows the trend. Thanks to this, it often exits a series earlier than comparable systems that stubbornly average in one direction.

Trend Filtering - If the MA filter is active (Use MA filter = true), the Advisor trades only in the direction of the trend. The Advisor calculates two EMAs on your chart: fast (MAFastPeriod) and slow (MASlowPeriod). Filter signal: if the fast EMA is above the slow, the Advisor sees an uptrend (opens buy orders for a new series); if below, a downtrend (prefers sell orders).

Key Features

• Comprehensive risk management
• Market-adaptive logic
• Loss-series limitation
• Spread and slippage control
• Limit on trades per single bar
• Partial series reset
• Built-in stop-loss and take-profit on every order
• Dynamic lot calculation
• Multi-symbol support
• Any timeframe
• Flexible configuration

Recommendations

• Timeframe: 1H
• Leverage: 1:500
• Deposit: $5,000 (cent account $500)

Input Parameters Overview

• FirstOrderDirection: Direction of the first trade in a series (Buy or Sell). Used when the MA filter is off or no signal is present. 1 = Buy, -1 = Sell.
• StopLossPips / TakeProfitPips: Stop-loss and take-profit in pips for each trade. Fixed for all steps.
• MartingaleFactor: Lot multiplier after a loss.
• MaxMartingaleSteps: Maximum number of averaging steps (limits martingale depth).
• StepDecrease: How many steps to roll back after a profitable series. Lowers the step number so the next cycle may start above the base lot if the previous series reached high steps.
• UseDynamicLot: Enable automatic calculation of the initial lot based on account balance.
• FixedLotSize / RiskPercent: Either a fixed starting lot or a percentage of balance for lot sizing (depending on the selected mode).
• UseMAFilter: Enable EMA-based trend filter.
• MAFastPeriod / MASlowPeriod / MaShift: Fast and slow EMA periods and bar shift for the filter.
• UseTrailingStop: Enable trailing stop.
• TrailingStart / TrailingStep: Levels at which the trailing stop begins and the step size from the current price.
• MaxAllowedSpread / Slippage: Maximum spread and slippage allowed for order execution.
• MaxOrdersPerBar: Limit on trades per single candle (usually 1–3 to avoid over-entering).
• MagicNumber: Unique EA identifier (can be changed so multiple EAs don’t interfere).