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Martex

Martex is a moderately aggressive EA working on a martingale strategy with hedge. The EA independently monitors the risk and, if the risk is high, takes measures to exit the market with a minimum profit. In the hedging mode, the EA independently leaves the "lock" with a profit.

A complete guide to the Martex EA can be found in the "Comments" section.

Benefits

  • automatic magic number, individual for each currency pair;
  • automatic breakeven and automatic trailing stop;
  • at high risk, reducing the martingale multiplier to 1 and closing extreme positions;
  • hedging system;
  • trailing stop for single orders and total for orders of one direction;
  • control over the use of Free margin, in case of excess - stop trading;
  • closing orders by drawdown percentage;
  • closing orders under a fixed profit plan;
  • closing all positions on Equity;
  • limit on the number of open positions;
  • restriction on the total volume of all lots in one direction;
  • trade by time;
  • position management using "hot" buttons;
  • works on accounts with quotes of 4 and 5 decimal places.

Parameters

Block: GENERAL SETTINGS

  • Open new orders
  • Initial lot in the series
  • Hedge
  • Take Profit in points
  • Stop Loss in points
  • Positions direction:
  • Magic Number (0-automat)
  • Slippage

Block: RISK MANAGEMENT

  • Fixed martingale lot
  • Martingale multiplier
  • Max orders with a set multiplier
  • Step between martingale orders
  • Max spread in points
  • Deposit Load in %
  • Max number of open orders
  • Maximum amount of lots

Block: INDICATORS

Block: CLOSING POSITIONS

Block: TRAILING STOP

Block: TRADE BY TIME

Block: OTHER SETTINGS



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Versión 8.5 2023.05.28
Fixed a bug with incorrect profit size when exiting the castle. An inaccuracy in the operation of one of the elements of the internal risk management system has been fixed.
Versión 8.4 2023.05.19
Fixed an error that occurred when testing some currency pairs in the strategy tester.
Versión 8.3 2023.05.12
Fixed a bug in limiting the maximum spread.
Versión 8.2 2023.05.10
Advisor changes:
- by default, the set maximum spread is 5.0 (in the format for 4-digit accounts);
- added a pop-up warning window about the size of the set maximum spread;
- replaced the parameter "Minimum free margin in %" with a more understandable "Deposit Load in %";
- upon reaching the set limit on the maximum volume of lots, the mechanism for exiting the market will be launched.
Versión 8.1 2023.04.08
Fixed a bug in the "Don't work on:" - function to prohibit the adviser from working on specific days of the week.
Versión 8.0 2023.04.05
Changed the trading strategy and hedging system. Added automatic breakeven and automatic trailing stop. Now the adviser itself monitors the level of risk and, in case of its increase, takes measures to exit the market with a minimum profit.
Versión 7.4 2022.09.18
Исправлена ошибка при установки начального стоп лосса.
Versión 7.3 2022.09.09
Исправлена ошибка в работе виртуального тейк профита.
Versión 7.2 2022.09.05
Fixed an error in calculating the take profit for the first order in the series.
Versión 7.1 2022.08.12
Исправлена ошибка в работе функции хеджирования.
Versión 7.0 2022.08.03
All the main functions in the new version of the EA (except hedging) work only when a new bar is opened.
The risk management and hedging blocks have been completely changed.
Added: total stop loss, virtual take profit, automatic reduction of the martingale multiplier depending on the number of open positions. Changes have been made to the guide to the EA.
Versión 5.2 2021.01.13
Change in the work of the advisor with magic numbers.
If the magic number = 1, then the advisor automatically generates an individual magic number for the current currency pair.
If the magic number = 0, then the EA will average orders opened only manually, but will not open new orders.
If the magic number = -1, then the advisor will average all orders open for this currency pair, including those opened manually, but will not open new orders.
Versión 5.1 2020.07.20
Fixed:
an error when installing and modifying take profits;
an error deleting all graphical objects when deinitializing the adviser;
an error when deleting global variables, and other minor errors.
Versión 5.0 2019.10.23
Changes:
All trading functions of the EA have been completely redesigned.
Now the EA opens orders on completed bars so when testing in the strategy tester, you can choose the model "Open prices only (fastest method to analyze the bar just completed)".

Added:
4 options for opening orders on bar extremes and indicators (MA and CCI);
control over the use of Free margin, in case of excess - stop trading;
restriction on the total lot size of all open orders of one direction;
the work of the adviser on time;
closing orders in time with a profit:
dynamic step between orders;
additional take profit for orders with martingale;
trailing stop on High / Low and fractals;
"hot buttons" to quickly close all open positions on a currency pair;
sending messages about lack of funds or stopping trading by email and using push notifications.

New manual and new set files have been added to the "Comments" section.
Versión 4.1 2018.06.01
Fixed a bug in the EA. The error did not allow the EA to work with a small deposit.
Versión 4.0 2017.07.24
1. Added hedging - now the Expert Advisor can simultaneously open orders in both directions, while averaging them if necessary.
2. When closing hedged orders, you will be able to save on spread.
3. When opening simple orders based on two MAs, the distance between the MAs should be at least 1 point (10 pip for 5 digits).
4. Info panel has become more compact.
5. Now the EA takes into account not the total profit/loss on the account, but only the profit/loss on the instrument (currency pair) on which it is running.
6. Added an option "Disable writing in the log", which disables writing duplicate comments to the Experts log.
7. Updated and added a new set file and updated user manual.
Versión 3.1 2017.05.03
A new condition has been added to the new version of the Martex EA (v.3.1), working with the magic number "-1" (minus one). With this magic number, the EA will work in its usual mode, but it will also follow all other orders on its currency pair (opened by another EA or manually). And, if necessary, it will modify and average them.
Fixed minor bugs and certain inaccuracies in the operation of the previous version.
Versión 3.0 2017.03.14
Optimized control menu EA and added additional functions:
1. Made the total profit for orders with a martingale.
2. In Block 1 "GENERAL SETTINGS" added to switch the color of the chart background - "Background graphics".
3. In Block 2, "RISK MANAGEMENT" has replaced "Close profit on the bar" to "Close orders with profit on MAs"- the closing of orders with a profit on the moving average. Now open orders can be closed when it changes direction of moving averages (if there is profit).
4. Moved to the Block 2 select the direction to one-way trade BUY - Buy trades only и SELL - Sell trades only.
5. From Block 5 "MARTINGALE PARAMETERS" removed team "The initial volume of the lot". In order to set the initial lot size should be in the multiplier the "Multiplier" to put 1.
6. In Block 6 "MARTINGALE INDICATORS" added another moving average. You can now choose what strategy the EA will average a warrant at the intersection of two MA or when one MA breakouts.
7. Also in this Block 6 added the command "Close orders by martingale MAs" - closing orders martingale (with profit) by the moving average of that block.