RocketGold EA
- Experts
- Version: 3.0
- Activations: 5
================================================================
HOURLY MARTINGALE EA — MQL5 MARKET DESCRIPTION
================================================================
--- SHORT DESCRIPTION (subtitle) ---
Smart candle-based Martingale EA with auto lot scaling, live
dashboard, and per-candle P&L labels. Works on any symbol and
any timeframe. Minimum deposit $100 — recommended $500 (Cent).
----------------------------------------------------------------
--- FULL DESCRIPTION ---
Hourly Martingale EA is a fully automated Expert Advisor that
reads the direction of the previous candle on any timeframe you
choose and opens a trade accordingly — Buy if the candle was
bullish, Sell if it was bearish.
If the trade closes at a loss, the EA immediately opens a new
trade in the same direction with a multiplied lot size to
recover the previous loss. Once any trade hits its Take Profit,
the EA resets completely and starts fresh from the base lot.
No more than one trade is open at any time.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
HOW IT WORKS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
► On every new candle, the EA checks the direction of the
previous candle on the chart's current timeframe.
► A Buy order is opened if the previous candle closed higher
than it opened (bullish). A Sell order is opened if it
closed lower (bearish). Doji candles are skipped.
► Every trade has a fixed Take Profit and Stop Loss in points,
both fully configurable from the inputs.
► If the trade hits Stop Loss → a new trade opens in the same
direction with the lot size multiplied (default ×2) to
recover the loss. This continues up to the maximum number
of Martingale steps you set.
► If the maximum steps are reached without a win, the EA
resets and starts again from the base lot on the next candle.
► If any trade hits Take Profit → full reset, base lot restores.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
SMART LOT SCALING
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
The EA grows your base lot automatically as your account grows.
For every $10,000 of cumulative profit above the initial
balance, the base lot increases by 0.01 — letting your position
size scale naturally with your capital without any manual
intervention.
Example with Base Lot = 0.01:
$0 – $9,999 profit → Base Lot = 0.01
$10,000 profit → Base Lot = 0.02
$20,000 profit → Base Lot = 0.03
$30,000 profit → Base Lot = 0.04
The profit threshold is fully configurable from the inputs.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
LIVE DASHBOARD
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
A professional on-chart dashboard updates in real time and
displays:
• Account Balance & Equity
• Floating P&L
• Total P&L since EA start
• Current Drawdown & Maximum Drawdown
• Current Martingale Step / Max Steps
• Base Lot (original → effective after scaling)
• Current Lot in use
• How much profit remains until the next lot scale-up
• Trade direction (BUY / SELL)
• Symbol, Timeframe, Magic Number
The dashboard can be positioned on the right or left side of
the chart and its size, colors, and font are fully customizable
from the inputs panel.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
CANDLE P&L LABELS
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Every closed trade leaves a dollar profit/loss label directly
above its closing candle on the chart — green for profit, red
for loss — so you can instantly review the EA's full history
at a glance without opening any reports.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
WORKS ON ANY SYMBOL & TIMEFRAME
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
The EA is symbol-agnostic. It has been optimized for Gold
(XAUUSD) but runs equally well on Forex pairs, indices, silver,
oil, and any other instrument available on your broker.
Simply attach it to any chart and it adapts automatically.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
MINIMUM DEPOSIT & ACCOUNT TYPE
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Minimum deposit : $100
Recommended : $500
Best account type: Cent account
Leverage : 1:400 or higher recommended
Broker : Any MT4 broker
A Cent account is strongly recommended because it allows you
to trade with micro lots and gives the Martingale recovery
system enough room to operate safely even at the minimum
deposit level.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
KEY FEATURES SUMMARY
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
✔ Candle-direction entry logic (no indicators needed)
✔ Martingale recovery with configurable steps and multiplier
✔ Fixed Take Profit and Stop Loss on every trade
✔ Maximum 1 open trade at a time — no grid, no hedging
✔ Automatic base lot scaling as account grows
✔ Real-time professional dashboard (right or left side)
✔ Per-candle dollar P&L labels on the chart
✔ Works on any symbol and any timeframe
✔ Fully configurable inputs — no code editing required
✔ Magic Number support for running multiple instances
✔ Compatible with any MT4 broker
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
RISK NOTICE
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
Martingale systems carry inherent risk. A long losing streak
can significantly increase exposure before recovery. Always
use this EA on a Cent account or with capital you can afford
to risk. Test on a demo account first until you are comfortable
with the behavior.
================================================================
