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Martingale Trader

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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Marzena Maria Szmit
4.4 (35)
Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
Quantum Pip MT4
Lo Thi Mai Loan
ONLY 3 COPIES OUT OF 10 LEFT AT $333.99! After that, the price will be raised to $393.99. Live Signal MT4 (Funded Account combined with Titan EA):   https://www.mql5.com/en/signals/2254355?source=Site+Profile+Seller   Live Signal MT5 (Small Account): https://www.mql5.com/en/signals/2251691?source=Site+Profile+Seller   MT5 Version: https://www.mql5.com/en/market/product/122597    Hello, I am Quantum Pip, the latest member of the LOS EA family. I am an EA that uses a strategy to open buy/sell
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This Expert Advisor is based on Martingale strategy. Tested in EURUSD H4 using default settings. 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
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Version 1.1 2021.04.29
Add EnableCompounding based on initial balance
Add OpenOrderOnOpen of candlestick for opening the first order per type