Auto Martingale Trade Manager

5

DESCRIPTION:

The EA is a trade manager for managing manual or other trades by EA. It can place Stoploss, Takeprofit, Trailing, and Martingale/Average all open positions. Make sure to just place 1 type of open orders for each symbols  (Examples: 1 Buy or 1 Sell).

The EA will not open the initial trades, but can be backtested to see how it works.


FEATURES:

  • Multicurrency or Single Pair Mode.
  • Placing Stoploss / Takeprofit.
  • Auto Martingale / Average Positions.
  • Trailing for All Open Positions (Single or Martingale).
  • Magic Number filter for managing Trades.


For further guide to use this EA, please see the link below:

https://www.mql5.com/en/blogs/post/755169




Reviews 1
James Cooper
48
James Cooper 2023.06.23 01:48 
 

works as described/intended. Great value for the price. It would be nice if the EA recognize swap/commssion fees and include them in the overall position calculatation with martingale. Currently, in some instances, a few longer swing positions may close net negative if commision/swap fees are high, depending on settings & broker. I'd recommend!

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DESCRIPTION: The EA is a trade manager for managing manual or other trades by EA. It can place Stoploss, Takeprofit, Trailing, and Martingale/Average all open positions. Make sure to just place 1 type of open orders for each symbols     (Examples: 1 Buy or 1 Sell). The EA will not open the initial trades, but can be backtested to see how it works. FEATURES: Multicurrency or Single Pair Mode. Placing Stoploss / Takeprofit. Auto Martingale / Average Positions. Trailing for All Open Positions (Sin
Filter:
James Cooper
48
James Cooper 2023.06.23 01:48 
 

works as described/intended. Great value for the price. It would be nice if the EA recognize swap/commssion fees and include them in the overall position calculatation with martingale. Currently, in some instances, a few longer swing positions may close net negative if commision/swap fees are high, depending on settings & broker. I'd recommend!

DADALI ARWALY
4020
Reply from developer DADALI ARWALY 2023.06.29 15:32
Thank you for the feedback. Will implement it in the future.
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