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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
23
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 (Si
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James Cooper
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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
2964
Reply from developer DADALI ARWALY 2023.06.29 15:32
Thank you for the feedback. Will implement it in the future.
Reply to review
Version 2.56 2023.12.07
- Added Interactive Visual Simulations on Strategy Tester Mode.
Version 2.55 2023.09.29
- Added SLTP Mode :
1. In Points
2. In Balance Percent
3. In Currency

- Trail Calculations has been changed:
1. Initial trail will be TrailStop + TrailStep.
2. Subsequent trail will move for every TrailStep.
Version 2.54 2023.08.21
- Added Swap & Commission calculation for TP Average.
Version 2.53 2023.02.19
v2.53:
- Fix the Lot Calculations
Version 2.52 2023.01.10
v2.52:
- Added Pip Step Multiplier function.
Version 2.51 2022.12.25
v2.51:
- Minor Bug Fixes.
Version 2.5 2022.12.24
v2.6:
- Now can trail both Positions of Buy and Sell Concurrently.
Version 2.4 2022.10.01
v2.4:
- Fix Error Modify 130 for Stoploss too close to Broker Stoplevel.
Version 2.3 2022.09.30
v2.3:
- Fix Lot Increment Calculations.
- Fix Lot Adjusment Calculations.
Version 2.2 2022.06.02
v2.2:
- Fix Lot Multiplier below 1.5
Version 2.1 2022.05.31
v2.1:
- Fix Order Modify Error.
Version 2.0 2022.05.26
Update v2:

- Now All Positions including the Martingale could be Trailed.
Version 1.2 2022.02.20
v1.2:
- fix Typos on Code.
Version 1.1 2022.02.20
v1.1:
- Minor bug Fixes.