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MarSeFREE

It is based on Surfing strategy. USES MARTINGALE. The EA catches the moments when the previous candle crosses the moving average indicator and eliminates the false breakouts using the RSI+MA indicator, and at the same time analyzes the trend direction. The EA trades pending orders, which also allows to avoid false movements. If the pending order was not triggered and the chart reversed, then the EA deletes the pending order. If the pending order was not triggered and the chart reversed, then the MARTINGALE comes into play. Due to the fact that sooner or later the Martingale can lose the deposit, it is recommended to control the trading of the EA by analyzing the market. The EA also implements Money management based on the Larry Williams method (LarryWilliamsMethod).

The EA trades on any symbol. Minimum recommended deposit is $100 (it is better to use a cent account). Uses M1 timeframe. Due to the fact that the EA performs the analysis on closed bars, the testing results by opening prices are the same as the testing by all ticks.


Expert Advisor Settings

  • Period_MA1 - period of the moving average1 indicator
  • Lots - order lot
  • StopStep - distance from High (Low) of the previous bar in points for placing a pending order
  • TakeProfit - take Profit in points
  • Multiplier- Martingale multiplier (value to multiply the next order)
  • Step - step in points (the number of points to place the next Martingale order)
  • Percent - percentage of the deposit, at which the EA will close all open orders and continue to trade.
  • Shift_MA - shift of the moving average used for trend detection, i.e. the number of bars to analyze the trend
  • MA_Method - method for the moving average1 and moving average2 indicators (recommended to use 0 – Simple or 1 - Exponential)
  • TF_MA - timeframe of the moving average used for trend detection (timeframe to analyze the trend)
  • Period_MA_Long - period of the moving average used for trend detection
  • Slippage - slippage in points
  • Magic - magic number (when trading different currency pairs on one account, this parameter should be changed, i.e. unique for each currency pair)
  • StartHour1 - trading start time
  • EndHour1 - trading end time
  • RSIPeriod - period of the RSI indicator
  • MA - period of moving average for the RSI indicator
  • LarryWilliamsMethod - use Larry Williams money management method (false/true)
  • LWrisk - risk percentage, recommended 5-20%
  • LWpart - part of the deposit in percentage to be used by the EA

The values with points are specified for 4-digits, if you have 5-digits, the EA automatically recalculates all the values.

Aleksej Kravcenko
812
2017.07.23 11:16 
 

Timeframe 5 min good.

Nork
6015
2017.07.22 19:18 
 

User didn't leave any comment to the rating

Ali irwan
2344
2017.07.21 01:42 
 

User didn't leave any comment to the rating

kananak wiphasurajinda
57
2017.07.16 08:30 
 

very Good!!

Tiago Martins
446
2017.06.27 21:18 
 

Good job, it´s a profitable expert advisor. Cheers.

49ers80
207
2017.06.17 18:43 
 

For a free EA I have to give 5 stars. I have found it to be better to use with the multiplier at 1 so the drawdown isn't really a factor. I have played with the settings of this EA for a couple months now and finally found something I'm happy to use on a live account. I have another EA that will modify any order that is placed to add a stoploss. I use a very high step to reduce the number orders placed in the wrong direction. I have made many changes to the settings all to reduce risk. Will see how it works out in the future. Thanks Roman!

domenico izzo
172
2017.06.12 10:43 
 

Ottimo prodotto, il migliore! basso costo, facile da ottimizzare, grandi risultati

Nurettin Kilincarslan
403
2017.06.08 07:06 
 

Waste!

Moosa
96
2017.05.31 19:59 
 

User didn't leave any comment to the rating

Petia89
93
2017.05.18 17:16 
 

User didn't leave any comment to the rating

Mike Geesing
1621
2017.05.17 23:52 
 

User didn't leave any comment to the rating

Vyacheslav Korolev
11635
2017.05.05 13:51 
 

User didn't leave any comment to the rating

Sergey Zhuravkov
1355
2017.04.27 00:46 
 

Вполне рабочая темка, только контролить надо риски

Daniel Laverdiere
1273
2017.04.17 15:24 
 

Version 1.2 on real account, so far only winners in ranging situation but beware once the trend goes on, it keeps opening trades. After 5 weeks 175% using the preset you can find higher. We will give you a free vps with any software installed if you open an account with us and fund it at least 1,000 USD. ForexCue.com

Peter Wild
154
2017.04.14 19:52 
 

Very good! Thanks!

jivan72
346
2017.04.07 22:43 
 

Hello,

the EA uses a grid/martingale system which is dangerous, I lost much money.

At the begin I was excited of this EA because it opens many trades (works on M1 timeframe) and generally closes them quickly.

So, with too much trust (my bad!), I used it on 2 real accounts of about 9000 USD each (2 pairs on one account and 4 pairs on the other).

I lost a lot of money for margin call with recent USDJPY and GBPUSD long trends, opposite to the positions opened by MarseFree EA.

Exposure was more than 4000 USD per single pair (USDJPY, GBPUSD), using start lot of 0.01 and multiplier of 1.5 (other settings were the same of the signal).

As stated in the MarseFree logo, "Be careful" using this free EA which uses martingale (I would add "Be VERY careful!"), your experience can end with a big loss even if it is free!

I don't recommend to use this EA on real accounts at the current status, if you want to use it on your risk I suggest to test and backtest it on demo for a sufficient time and in different conditions, also to have a quite big deposit and possibly stop and close open positions if there is a strong opposite trend, otherwise can end in a bad way!

Personally, if I will use again EAs with grid/martingale system, I will use them ONLY with some sort of stop loss and/or limiting the max lot and number of open orders and always checking the market condition. Else you can get some profit at the begin but a big loss at the end.

Vladimir Lutikov
348
2017.03.30 13:41 
 

Мало зарабатывает при больших рисках. Плохая поддержка разработчика.

Alexandr Sebarow
108
2017.03.29 06:45 
 

User didn't leave any comment to the rating

Evgenii Bazenko
245
2017.03.27 13:28 
 

User didn't leave any comment to the rating

Walid Abd El-Basset
237
2017.03.15 22:42 
 

GREAT ))

Jaroslav Kvapil
466
2017.03.10 17:53 
 

Testing and look very promising...

Richard Hoehne
243
2017.03.02 13:44 
 

User didn't leave any comment to the rating

Gennadiy Voltornist
6200
2017.02.25 09:12 
 

User didn't leave any comment to the rating

golfguy37
789
2017.02.22 17:41 
 

wow 1st day up $59, running on live account with same settings as Roman, will keep you guys updated on my live results... best EA i have tried on this site hands down...

mayamak
1424
2017.02.20 14:47 
 

Currently testing this EA... I will update results form live my accounts.

*backtests on EURUSD and GBPUSD looks promising on m1 timeframe (setfiles on test - https://www.mql5.com/en/market/product/18977#!tab=comments&page=9&comment=4099753)

Spiros Galiatsatos
451
2017.02.17 16:39 
 

Works well on real account - Thanks!

Bogdan Yarotskiy
3451
2017.02.17 09:38 
 

User didn't leave any comment to the rating

lawrencium2002
324
2017.02.14 15:40 
 

Well done Sir! Amazing work.. $5K turned to $8K between 2/6/2017 to 2/14/2017

Maksym Mudrakov
12245
2017.02.09 08:27 
 

User didn't leave any comment to the rating

Eleni Anna Branou
4068
2017.02.07 19:08 
 

User didn't leave any comment to the rating

sloshliuxin
142
2017.02.07 07:36 
 

I like this ea,it working well since now .Thanks,good job!

ANGEL seco fernandez
203
2017.02.01 19:02 
 

Very good work. I am using it in real account and it is very profitable

Westphil
19
2017.01.29 19:57 
 

Respects and low hat for this good job.

Vratislav Tukal
1807
2017.01.27 15:59 
 

very good job...

Ksunchik2107198
48
2017.01.21 08:32 
 

User didn't leave any comment to the rating

vasek-897
35
2017.01.21 07:32 
 

Классный советник! Главное не забывать периодически снимать прибыль) Спасибо Роман!

Version 1.2 - 2017.02.15
Fixed a bug with the spread.
Version 1.1 - 2017.02.01
Added the Percent parameter - percentage of the deposit, at which the EA will close all open orders and continue to trade.
Fixed the error, which caused the EA to open subsequent orders close to each other when the EA was restarted with open orders present.