Well Martin

The Well Martin Expert Advisor looks for entries in a calm market and increases the lot after a loss.


Trading Strategy

  • The EA is designed to trade in a quiet market.
  • The EA trades using market orders, and exits positions using stop orders.
  • StopLoss and TakeProfit levels are set through modification.
  • After a losing position, the EA increases lot by KLot.
  • If MaxLot is reached after a series of losses, the EA switches to the minimum lot set in Lots.
  • If you set Lots to zero, the lot will be calculated based on deposit and the Risk parameter.
  • The EA opens positions alternately, i.e. buy-sell-buy or sell-buy-sell.

The EA has been optimized on data for 01.11.2005-01.11.2010. Symbol EURUSD Н1.

Related signal monitoring: https://www.mql5.com/en/signals/195414


Settings of the Expert Advisor

Trading Lot Settings

  • Lots - trading lot
  • KLot - lot increase
  • MaxLot - maximum lot
  • Risk - risk management

Position Placing Parameters

  • StopLoss - the stop loss value
  • TakeProfit - the take profit value
  • Slip - allowable slippage
  • Magic

Indicator Settings

  • ADXPeriod - period of the ADX indicator
  • Level - level of ADX
  • BBPeriod - period of Bollinger Bands
  • BBDev- deviation of Bollinger Bands

Trading Time Overwrite

  • StartHour - trading start hour
  • StartMin - trading start minute
  • EndHour - trading end hour
  • EndMin - trading end minute

Error Handling

  • MaxEntry - number of attempts to place an order
  • LongPause - a long pause after an error
  • ShortPause - a short pause after an error
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Wall Street Robot is a   professional trading system   developed exclusively for US stock indices, focused on S&P500 and Dow Jones. These markets are known for their high liquidity, structured movements and strong reaction to global economic flows, making them ideal for algorithmic trading strategies based on precision and discipline. By concentrating only on these indices, the system is able to adapt closely to their behavior, volatility patterns and intraday dynamics, instead of trying to oper
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