Martin OI MT5

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.

You can find the configuration files in the section “Comments”.

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: $1,000 (cent account $100)

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).
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Chesvi
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Chesvi 2025.07.21 19:55 
 

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Oleksandr Ihnatovych
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Reply from developer Oleksandr Ihnatovych 2025.07.21 20:02
Thank you for your feedback!
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