Makarios Trading 4Life
- Experts
- Version: 1.5
- Updated: 1 May 2026
- Activations: 10
Expert Overview
This Expert Advisor is a grid-based trading system designed specifically for the NZDCAD currency pair. It uses pivot-based logic to initiate trading cycles with predefined spacing and lot progression. The EA includes two stop-loss modes and take-profit exit logic. Minimal setup is required.
For extended support or questions, please send a direct message via MQL5.
Key Features
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Grid-based strategy tailored for NZDCAD
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Pivot point detection to trigger trading cycles
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Two stop-loss configurations for risk control
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Up to 9 trades per cycle with 33-pip spacing
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Take-profit–based exit system per cycle
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Default and User Defined Lot Progression
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Minimal setup required
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Strategy tested using historical data since 2006
How It Works
The EA identifies pivot points and initiates a trade cycle when price moves 33 pips away from the pivot:
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Buy Cycle: When price drops 33 pips below a pivot
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Sell Cycle: When price rises 33 pips above a pivot
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Grid Spacing: 33 pips between trades
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Maximum Trades: Up to 9 per cycle
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Lot Progression: 0.01 → 0.02 → 0.04 → ... using a 2x multiplier
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Take Profit: All trades in the cycle are closed when a configured profit target is reached
Stop Loss Options
1. Hard Stop (297 Pips from First Trade):
All trades in a cycle share a single stop loss placed 297 pips from the first entry. This provides a defined risk cap per cycle.
2. Grid Stop (297 Pips Each):
Each trade has its own stop loss, placed 297 pips from its individual entry point.
If a full 9-trade cycle completes and the first trade is stopped out, the EA will reopen a new trade using the same lot size as the 9th trade (i.e., the largest trade from the previous cycle). This is a higher-risk recovery approach and can lead to increased drawdown.
Custom Lot Size Per Trade (1st–9th)
This EA provides full control over each trade’s lot size:
Using a 2x multiplier in lot progression is recommended for optimal performance.
You can define your own progression using input parameters:
Trade 1 Lot = 0.08
Trade 2 Lot = 0.16
Trade 3 Lot = 0.32
...
Trade 9 Lot = 10.24
Magic Number Settings
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MagicBuy: Used for managing Buy trade cycles
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MagicSell: Used for managing Sell trade cycles
Important: MagicBuy and MagicSell must be set to different values.
Using the same value may interfere with trade tracking and lead to unexpected behavior.
This separation allows the EA to manage Buy and Sell cycles independently, which is helpful when running multiple EAs or strategies on the same account.
Requirements & Installation
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Broker: Low spread & swap-free recommended
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Recommended Account Balance: $6,000 USD (Default Lot Settings)
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Minimum Balance (High Risk): $2,000 USD (Default Lot Settings)
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Recommended Timeframe: Attach to NZDCAD on M30
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High Risk/Reward Timeframe: Attach to EURUSD on M30
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VPS: Recommended latency under 100ms for optimal performance
