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Universal Martingale EA

The Expert Advisor is based on Martingale principle combined with a grid system. It uses different entry logics like Bollinger Bands, RSI, Heiken Ashi (and much more). After the inital order has been placed, the grid/martingale systems comes into play. The lot increase and grid distance can be calculated on different fundamentals. The take profit and a grid distance can be calculated dynamically (with ATR). The bot handles sells and buys independently. For low risk settings, a stop loss can be used.

The parameters are described below:

Parameters

  • OrderComment: Add a custom order comment
  • TP in $: Take profit in €/$ (not pips etc.)
  • Max Loss in $: (0=off): Maximal loss in €/$. Orders will be closed when reached
  • MagicNumber: Add a custom magic number
  • EntryLogic: Choose the entry logic to start a trade
  • EntryLogic2: Choose a second entry logic in combination with the first
  • Bands-/Envelopes Period: Parameter for specific indicator
  • Bands-/Envelopes Deviation: Parameter for specific indicator
  • (Strength)FastMA: Fast moving average period for currency strength
  • (Strength)SlowMA: Slow moving average period for currency strength
  • StochasticKParameter for specific indicator 
  • StochasticDParameter for specific indicator 
  • StochasticSParameter for specific indicator 
  • LowHighPeriod: number of candles to include for low/high calculation
  • RSIPeriodParameter for specific indicator      
  • Init. Lots: Initial lots for a trade
  • Minimum Grid in Points: Minium distance in points between two martingale steps
  • MaxGrid(0=off): Limit the maximum grid. If dynamic grid or GridMulti is used, the grid can be reduced by this parameter
  • GridMulti: Increase the grid distance with increased orders. If Gridmulti=2 and minimum grid is set to 200, the following grid would be used: 200, 400, 800…
  • MartMulti: Martingale multiplicator for the order size
  • Max Multiplikator: Limit the max. possible  Martingale Multiplicator
  • useDYNAMICPROFIT: Use dynamic profit calculation based on ADR. Only make sense in combination with useDYNAMICGRID.
  • ReferenceProfitPoints: If useDYNAMICPROFIT=true, a TP is calculated as follows: current grid/ReferenceProfitPoints * TP in €
  • useDYNAMICGRID: Use a dynamic grid based an ADR
  • ADRtimeframe: TF to calculate ADR
  • ADRperiod: Period for ADR calculation
  • ADRFactor: Factor to adjust an ADR range
  • Max Martingale Steps: Maximum allowed martingale steps
  • TrailingEntry (Points): Trailing distance for an entry
  • TrailingExit (Points): Trailing distance for an exit
  • OpenNewPositions: Open new orders
  • SeperateBuySell: Treat Buy and Sell independently (Buy and Sell can occur at the same time)
  • AllowBuy: Allow buy trades
  • AllowSell: Allow sell trades
  • StartHourGMT: Start hour each day
  • StartMin: Start minute
  • StopHourGMT: Stop hour each day
  • StopMin: Stop minute
  • GridOutsideTimeFilter: Orders for the grid will also be taken outside of the time filter
  • EntryOnTick: If TRUE, the entry logic will be checked each tick
  • GridOnTick: If TRUE, the grid logic will be checked each tick
  • DynamicLot: If TRUE, the lot will be calculated based on the ADR
  • TradeFriday: Allow trading on Friday
  • AppliedPrice: Applied price to the EntryLogics
  • Slippage in Points: Slippage
  • StartOrderLevel to increase TP: If a certain Martingale level is reached, a TP will be increased
  • Increase of TP in % per Step: Increase of TP per step. Example: if StartOrderLevel to increase = 5 and increase of TP in % per Step is set to 20, then the TP is increased every step higher than 5 by 20%. So if the Martingale Level will reach 7, the TP is increased by 40%
  • EquityCloseLevel: Close all orders if this equity is reached
  • AdvancedGrid: Use the same condition (EntryLogic) to open a new grid trade
  • Filter: Use a custom Filter to filter the entry point
  • Filter2: Add a second Filter
  • FilterTF: Timeframe for first Filter
  • FilterTF2: Timeframe for second Filter
  • Double First Lot and TP: Double the TP and Lot of the first order


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AI NeuroX EA is an innovative trading advisor based on advanced artificial intelligence technologies, including neural networks and the Perplexity and GPT-4 platforms. This advisor has a unique ability to analyze and predict the dynamics of financial markets using deep learning and advanced algorithms. Thanks to the intuition that even the most experienced traders would envy, AI NeuroX EA is capable of developing unprecedented trading strategies, ensuring excellent performance. This advisor oper
Daytrade Pro Algo
Profalgo Limited
5 (5)
Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent It is spread independ
Bitcoin Scalp Pro
Profalgo Limited
5 (2)
NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! NEW: Now also supports Ethereum! Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the tr
Oracle MT4
Stanislav Tomilov
4.17 (6)
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
US30 Scalper EA MT4
Lo Thi Mai Loan
5 (2)
Launch promo! Only a few copies left at 399$! Next price: 499$ Final price: 999$ MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA is a next-generation scalping robot developed by a h
AW Recovery EA
AW Trading Software Limited
4.29 (69)
The Expert Advisor is a system designed to recover unprofitable positions. The author's algorithm locks a losing position, splits it into many separate parts, and closes each of them separately. Easy setup, delayed launch in case of drawdown, locking, disabling other Expert Advisors, averaging with trend filtering and partial closing of a losing position are built into one tool. It is the use of closing losses in parts that allows you to reduce losses with a lower deposit load, which ensures saf
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