EMA Martingale MT4
- Experts
-
Prafull Manohar Nikam
Hello! Traders, I hope you are doing great.
Most forex people search online for "How to make 10 pips or more profit per day?" They never search for "How to make only 10 pips loss per day?" Why?! - Version: 1.0
- Activations: 5
This is a simple EA which works on the EMA crossover strategy. It uses fixed pips to put hard Stop Loss and Take Profit levels on every trade. Warning! This is a martingale system which may or may not wipe your trading account. If you want to take the risk anyway then must use it with proper money and risk management.
NOTE: Martingale is good for compounding the account in less time. In other words, “Grow it or Blow it!”
POINTS:
1. Martingale System
2. Works in all markets.
3. Very Risky!
4. Hard Stop Loss
5. Hard Take Profit
6. 100% Automatic Trading
7. Good for Big Capital
8. Uses Trend indicator i.e., EMA
INPUTS:
1. Lot Size- This is the initial lot size for opening a trade in Martingale System. (Use lowest possible volume for your trading account)
2. Stop Loss Pips- Set stop loss level in pips.
3. Take Profit Pips- Set take profit level in pips.
5. Candle ID- EMA crossover is based on this number candle. (o means current candle (not closed), 1 means previous candle(closed) and so on!)
6. EMA Trend- Uses 200 (default) period EMA as a trend confirmation.
7. EMA Fast- Fast/Small EMA period in crossover. (Default is 5)
8. EMA Slow- Slow/Big EMA period in crossover. (Default is 12)
9. Max Lot Size- This is the maximum possible lot size for opening a trade in Martingale System.

