Market / MetaTrader 4 / Experts /

Martingale Trader

200 USD

Demo downloaded: 22

Published: 24 April 2021

Current version: 1.1

Martingale Trader

Experts
Adam William Segarra Martirez
Adam William Segarra Martirez
Software Engineer at Mandaluyong City, Philippines

Philippines

286
5 (2)
3 products
Version: 1.1
Updated: 29 April 2021
Activations: 5

This Expert Advisor is based on Martingale as the name suggest. Tested in EURUSD H1 and H4 using default settings.

InpMagicNumber - magic number to use for open orders, if -1, the all open orders for that specific instrument will be processed by this EA
InpSellEnable - to enable opening of sell order
InpBuyEnable - to enable opening of buy order
InpLotExp - lots multiplier for averaging down an open orders
InpLots - initial lots, this will be based on InpDollarPerLots
InpMaxLots - if specified, it will limit the maximum lots under InpLotExp, which is also based on InpDollarPerLots
InpTakeProfit - take profits in points
InpPipStep - minimum distance for opening an averaging down an open orders
InpMaxTrades - maximum number of averaging down an open orders
InpMinTimeTradeStep - minimum time distance between orders when averaging down
InpDollarPerLots - increased the lots by 0.01 per InpDollarPerLots gain based on the initial balance and current balance
InpPercentBuffer - additional buffer based on InpDollarPerLots
InpSpread - maximum spread allowed before opening an orders. If -1, no checking

Note:

Lower TakeProfit and PipStep -> High Risk -> High Rewards like TP=60, PipStep=250
Higher TakeProfit and PipStep -> Low Risk -> Low Rewards like TP=500, PipStep=1000

Check out also the TrendTrader.

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Martingale Trader

Adam William Segarra Martirez