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MACD With Martingale

GMTMACD EA is fully automated EA and handles two strategies at same time with its unique style. This Ea uses MACD indicator and martingale strategies.

The default settings are just place holders and not necessarily the best. Use the settings that best suites you or your strategy.

  • OpenBUY: Set to true to allow buy trades. This setting is true by default.
  • OpenSELL: Set to true to allow sell trades. This setting is true by default.
  • StopLoss: Stop loss value for the open order (default 0 ,no stop loss value).
  • StartTakeProfit: take profit value for open orders. (default value 5 pips(50 point))
  • FastEMA: Fast Exponential Moving Average value
  • SlowEMA: Slow Exponential Moving Average value
  • MACDSMA: MACD Simple Moving Average value
  • MATrendPeriod: Moving Average Trend Period
  • MACDOpenLevel: Moving Average Open Level
  • ManualLots: This is the lot size of the EAs trades. 0.01 is the default setting.
  • LotStep: Lot Step Value of The EA (This is use for calculate net lot size of the martingale function).
  • MagicNumber: This is the unique identifier for the EAs trades. This number must be different for each chart you've attached the EA only if the chart currency pairs are the same.
  • comment: comments of the order.
  • Slippage: slippage value of the order. (recommended default setting)
  • Step1_3,Step4_6,Step7_8,Step9_12,Step13: this values use to manage martingale functions (default settings recommended)
  • RegularSpread: This variable is used for filtering spread value of the market.


Recommendation

  1. More trading opportunities for lower time frame.
  2. minimum 3000$ for One Currency Pair
  3. use 0.01 Lot Size
  4. use low spread currency fair (High Spread Filter Included.)
  5. best result for 3 and 5 digit brokers
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Version 2.3 - 2017.01.26
Add function to Skip High volatility Period.
Version 2.2 - 2017.01.11
Fixed version 2.1 minor issues and bugs
Version 2.1 - 2016.12.30
- Traders сan сhange StartTakeProfit value any time
- Traders can close profit trades any time
- The EA adjusts the new take profit position automatically
Version 2.0 - 2016.12.27
introduce new input parameter LotStep to reduce large drowdown of the martingale function.

Calculate next lotsize using ManualLot and LotStep parameter

for example

ManualLot=0.01 and LotStep=0.01

lot size will be 0.01,0.01,0.01,0.02,0.03,0.04,0.05,.....
//--------------------------------------------------------
ManualLot=0.01 and LotStep=0.02

lot size will be 0.01,0.01,0.02,0.04,0.06,0.8,.....
//--------------------------
ManualLot=0.02 and LotStep=0.01

lot size will be 0.02,0.02,0.02,0.04,0.06,0.08,.....

//--------------------------------------------
ManualLot=0.01 and LotStep=0.03

lot size will be 0.01,0.01,0.03,0.06,0.09,0.12,.....