Martybot Scalper Expert Advisor

Martybot Scalper

is a  scalper, grid system, and moderate martingale which already works on real accounts. It uses real market mechanics to its advantage to make profit

Supported currency pairs per account: 

  1. EURUSD or  GBPUSD (and EURGBP for HIGH Risk) (Important: 0.07 Lot / $1,000 Risk: 42% Fund) 
  2. USDJPY only
  3. USDCHF, USDCAD, and NZDUSD (Important: 0.02 Lot / $500 Risk: 42% Fund)

IMPORTANT!!!

  • 1:500 Minimum Leverage (if not it can wipeout your account!!) 
  • The EA must be attached to Set1: EURUSD and GBPUSD or Set2: USDJPY only (MICRO/Cent Account only) 
  • Timeframe: 30min or 1Hr

Features:

  • One Chart Setup: you only need one chart for each pair
  • Very easy to use: just read 2 lines of instructions below
  • Much cheaper than available high-quality alternatives
  • Remotely Stop Auto Trading thru your mobile devices, thus no need to log in on your MT4 Terminal
  • Auto Trend Analysis: Fits to trader that wants to open grid trades on ranging market only.
  • Close (Partially) Trade: This allows the EA to close certain Lot volume of trades according to set target profit.
  • Customization: Advance user can change the preset trade set-up according to own trading style. 

How to install

  • The EA must be attached to EURUSD and GBPUSD or USDJPY only
  • Use recommended pairs only. All settings are coded internally in the EA

Requirements

  • Hedging account!
  • Micro or Cent Account (see separate details for Standard Account)
  • The EA is NOT sensitive to spread and slippage but I advise using an Internationally License broker
  • The EA should run on a VPS continuously

Strategy

  • TakeProfit for Initial Trade - Trailing Stop Take Profit for the initial trade (if no grid trades opened or No. of Order set)
  • TakeProfit for Grid- take-profit for the grid.
  • StopLoss for Grid - 55%(can be changed) of the Account for the grid trades
  • Options for Risk Appetite- Semi-Aggressive or Aggressive Set-up

Money Management & Risk settings

  1. Default Lot - fixed trading lot for the initial trade.
  2. Emergency Stop Percent (%) - if current floating drawdown exceeds the specified percent(%)  of Balance and Credit , then the EA will close all opened positions on all Charts of the account.

      Grid settings

      • Smart Trade Distance -auto- adjusts the trade distance depending on market volatility
      • Auto Trade Multiplier - auto- adjusts the multiplier for the succeeding trades

      IMPORTANT SETTINGS

      1. UNIQUE CURRENCY ID : must be different on each pair (Sample: EURUSD: 1001, GBPUSD:2002 etc...)







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