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Well Martin

The Well Martin Expert Advisor looks for entries in a calm market and increases the lot after a loss.


Trading Strategy

  • The EA is designed to trade in a quiet market.
  • The EA trades using market orders, and exits positions using stop orders.
  • StopLoss and TakeProfit levels are set through modification.
  • After a losing position, the EA increases lot by KLot.
  • If MaxLot is reached after a series of losses, the EA switches to the minimum lot set in Lots.
  • If you set Lots to zero, the lot will be calculated based on deposit and the Risk parameter.
  • The EA opens positions alternately, i.e. buy-sell-buy or sell-buy-sell.

The EA has been optimized on data for 01.11.2005-01.11.2010. Symbol EURUSD Н1.

Related signal monitoring: https://www.mql5.com/en/signals/195414


Settings of the Expert Advisor

Trading Lot Settings

  • Lots - trading lot
  • KLot - lot increase
  • MaxLot - maximum lot
  • Risk - risk management

Position Placing Parameters

  • StopLoss - the stop loss value
  • TakeProfit - the take profit value
  • Slip - allowable slippage
  • Magic

Indicator Settings

  • ADXPeriod - period of the ADX indicator
  • Level - level of ADX
  • BBPeriod - period of Bollinger Bands
  • BBDev- deviation of Bollinger Bands

Trading Time Overwrite

  • StartHour - trading start hour
  • StartMin - trading start minute
  • EndHour - trading end hour
  • EndMin - trading end minute

Error Handling

  • MaxEntry - number of attempts to place an order
  • LongPause - a long pause after an error
  • ShortPause - a short pause after an error
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Thi Thu Ha Hoang
5 (12)
Experts
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TrendMaster FX MT4
Chen Jia Qi
5 (9)
Experts
Introducing our MT5 EA: Designed with advanced algorithms and utilizing deep learning technology, our Expert Advisor (EA) is crafted to assist you in the intricate world of forex trading. The system analyzes market behaviors and conducts transactions based on specific criteria, empowering you to engage with market trends more effectively. With the backing of nearly a decade of data, the EA employs deep learning to examine past market conditions, aiming to provide enhanced decision-making. Recom
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Profalgo Limited
5 (6)
Experts
Promotion de lancement : Nombre limité d'exemplaires disponibles au prix actuel Prix ​​final : 990$ NOUVEAU : obtenez 1 EA gratuitement !   (pour 2 comptes commerciaux) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Bienvenue sur DayTrade Pro Algo !   Après des années d'étude des marchés et de programmation de différentes stratégies, j'ai trouvé un algorithme qui a tout ce dont un bon système de trading
Candle EA MT4
Mansour Babasafary
4.58 (38)
Experts
This expert is based on patterns The main patterns of this specialist are candlestick patterns Detects trends with candlestick patterns It has a profit limit and a loss limit, so it has a low risk The best time frame to use this expert is M30 time frame The best currency pairs to use with this expert is the EURUSD, GBPUSD, AUDUSD, USDCAD currency pairs The price will increase by 100$ after every 10 purchases! Final price 2450$ Get a 50% bonus by buying (or even renting) any of our product
Ai Hybrid Robot MT4
Mansour Babasafary
Experts
71% discount for the next 5 buyers (original price $9000): 3 person left Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in t
AI NeuroX EA MT4
Denis Kurnev
5 (2)
Experts
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
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Stanislav Tomilov
4.17 (6)
Experts
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Andrey Kornishkin
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