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MagnumEA

MagnumEA is a unique and fully automated Expert Advisor based on two trading strategies: night scalping and martingale. If the orders have not been closed by the rules of the scalping strategy, MagnumEA uses the principle of martingale.

Unlike other martingale strategies, MagnumEA has a number of features:

  1. Closing of transactions occurs solely on the basis of signals of a trading strategy.
  2. You can use Stop Loss to limit losses.

The system is designed to work on the M15 timeframe and tested in the following currency pairs: AUDCAD, AUDNZD, EURCHF, USDCHF.


Money Management

  1. It is recommended to regularly withdraw the profit.
  2. It is recommended to use the initial capital of $3000 (or $30 for cent accounts) with a minimum lot size of 0.01.
  3. With a low start-up capital, it is not recommended to use all the above-mentioned pairs, but only a part of them.

ATTENTION! This strategy carries a 100% risk of losing capital, because it is based on the principle of martingale.


Parameters

  • Comment - Comment for opened positions.
  • Max Spread - The maximum size of Spread.
  • MagicNumber - Unique number of opened transactions.
  • Lot Size - Size of a first order.
  • Lot Per Balace - Money Management. Lot Size for each N of Balance. 0 to disable.
  • TrendDirection - Direction of orders.
  • Use Stop Loss - Use Stop Loss for a grid.
  • Stop Loss - The size of Stop Loss (in pips).
  • Grid Step Multiplier - The multiplier of the step distance of opened trades.
  • Time Zone - Time zone of the broker.
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Version 1.1 - 2017.09.01
- Fixed errors.
- Added new parameters.