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The Expert Advisor is based on the principle opposite to a martingale. The robot uses MARTINGALE. The robot is based on MarSe EA, though virtual orders are placed instead of real pending ones. In case of loss-making trades, the EA decreases a lot volume, while in case of profitable ones, it increases a lot volume in the following trades. Since the MARTINGALE is a risky tool able to destroy your deposit sooner or later, you are advised to control the trading of the EA by analyzing the market and withdraw profit from time to time. The EA also implements money management based on the Larry Williams method (LarryWilliamsMethod).

The EA trades on any symbol. The minimum recommended deposit is $1000 (a cent account is recommended in the beginning). The EA works on M1 timeframe. Due to the fact that the EA performs the analysis on closed bars, the testing results by Open prices are the same as the testing by all ticks.

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Settings

  • Period_MA1 - moving average1 period
  • Lots - order lot
  • maxLots - maximum acceptable order lot
  • StopStep - distance (in points) from the previous bar's High (Low) where a pending order is opened
  • TakeProfit - take profit in points
  • Multiplier - Martingale multiplier for the next order
  • Percent - deposit percentage, at which all open orders are closed
  • StopTrading - enable/disable stopping the EA when Percent is reached (true/false)
  • Step - step in points (number of points, after which the next Martingale order is placed)
  • Shift_MA - moving average shift designed for defining a trend, i.e. number of bars used for trend analysis
  • MA_Method - method for moving average1 and moving average2 indicators (0 - Simple or 1 - Exponential are recommended)
  • TF_MA, TF_MA1, TF_MA2 - timeframes used to analyze a trend
  • Period_MA_Long, Period_MA_Long1, Period_MA_Long2 - moving average periods designed for defining a trend on TF_MA, TF_MA1 and TF_MA2 timeframes accordingly
  • 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 stop time
  • RSIPeriod - RSI indicator period
  • MA - moving average period for RSI
  • upRSI, downRSI - if RSI is between the values of these two parameters and all other conditions are met, no trades are opened in order to avoid false trades
  • 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

Values with points are set for 4 digits. If you have 5 digits, the EA automatically converts all the values.

Reviews 2
chuotme
1534
chuotme 2017.03.01 14:41 
 

Smart statergy .good support

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chuotme
1534
chuotme 2017.03.01 14:41 
 

Smart statergy .good support

RIZA DOEK
1619
RIZA DOEK 2020.04.03 15:36 
 

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Version 1.2 2020.10.19
Улучшен алгоритм определения тренда, добавлены параметры Trend_force_low - нижний предел определения силы тренда и Trend_force_up - верхний предел определения силы тренда, maxLotsRevers - значение до которого будет увеличиваться первоначальный lot при серии удачных сделок.