Flat Martingale MT5

This robot is based on martingale logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic.

The positions are opened in both direction without setting Take Profit and Stop Loss.

Stop Loss is set only in case of running a positive trade and will be trailed.

The closure of all the opened positions is done by robot when the target profit is reached.

Suggested period is M1, but it also works with others.

Can be used on all pairs using default parameter as suggestion (just verify the spread applied to your broker to adjust the filter parameter). But before that, it is strongly suggested to follow the recommendations below.


Parameters

  • targetProfit: amount in account currency that will trigger the closure of all the positions.
  • commissionFactor: factor to calculate the commission on running positions as formula lotSize*commissionFactor (use the proper value based on your broker account).
  • pipsDistance: amount in pips that will trigger opening of new positions (suggested minimum value 200).
  • trailDistance: amount in pips that will trigger trailing when negative trades not running.
  • initialLotSize: initial size of lot to be opened.
  • slippage: slippage set during position opening.
  • allowedSpread: max spread allowed to open positions.
  • stopTrading: if true the robot will stop opening new positions in case there are no positions at all to be closed.


Recommendations

Do backtest of good quality (at least 99.9%) if you can.

Control the risk and work with appropriate volumes (lots) to your capital according the backtest results.

Be careful because a parameter setting too aggressive (pipsDistance too low and initialLotSize and/or targetProfit too high) could burn your account!

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4.6 (5)
Experts
XT Bitcoin Robot is an advanced  automated trading system  designed specifically for  BTCUSD traders  who want to take advantage of Bitcoin's market volatility without the need for constant market monitoring. The robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic, helping traders stay active in the market 24 hours a day without manual intervention. The system is designed to identify trading opportunities and manage positions accor
Aura Gold Pro Edition
Stanislav Tomilov
5 (2)
Experts
Built to dominate the gold market. Official Information Seller profile Official channel User Guide Last chance at the current price! Aura Gold Pro Edition is available now for only $400 , but from September 1 , the price will increase to $999 . After September 1, the price will be more than double.  Don’t wait until the price goes up — secure your copy now for $400. Live Trading Signals  Roboforex https://www.mql5.com/en/signals/2366593 FPMarkets https://www.mql5.com/en/signals/2358523 ICTrading
The Gold Space
Ayush V Jain
5 (4)
Experts
Live Signal on Vantage https: // www.mql5.com/en/signals/2378090 https: // www.mql5.com/en/signals/2378091 live signal is running mode/option 1 with autolot 2 % risk. Overview:  The Gold Space is a fully automated, professional-grade Expert Advisor specifically engineered for the XAUUSD (Gold) market. Designed natively for MetaTrader 5, this EA capitalizes on high-probability volatility expansions using a precise, dynamically calculated breakout algorithm. It eliminates emotional trading by stri
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Free Spike Finder MT4
Pier Gaetano Novara
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Same behavior of https://www.mql5.com/en/market/product/25552 but fixed lot 0.01 The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on the M1 chart. Does not need historical data. It does not use Martingale Grid Hedge Parameters spikeFilte
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Pier Gaetano Novara
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The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on M1 chart. Does not need historical data. It does not use : Martingale. Grid. Hedge. Parameters spikeFilter - value to decide opening positions takeProfit - take profit in points stopLoss
Spike Finder MT5
Pier Gaetano Novara
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The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used M1 chart. It does not use : Martingale. Grid. Hedge. Parameters spikeFilter - value to decide opening positions takeProfit - take profit in points stopLoss - stop loss in points firstTrailS
ZigoZago
Pier Gaetano Novara
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This robot is based on grid logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic. The positions are opened in both direction without setting Take Profit and Stop Loss. Stop Loss is set only in case of running positive trades and these positions will be trailed. Partial closure of opened positions is done by robot to allow trailing mechanism. Suggested period is M1, but it also works with others. Can be used on all pairs using default
Hours and Minutes
Pier Gaetano Novara
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The robot will open one BUY and one SELL tread for each pair in a specific time (hour:minute) of the day using the parameters details for Take Profit, Stop Loss  and time slot: For BUY if openBUY is true at  HRBUY:MMBUY using  stopLossBUY and takeProfitBUY For SELL  if   openSELL   is true   at  HRSELL:MMSELL using  stopLossSELL and takeProfitSELL It does not use : Martingale. Grid. Hedge. It works with 5-digit and 4-digit broker. Is strongly recommended to use forex market with spread 0 and lo
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