PalmyTTS Forex For IB

PalmyTTS_For_IB – Trend-based Martingale EA

Description:

PalmyTTS_For_IB is a fully automated trading robot designed for cent accounts and high-lot generation systems, perfect for IB commission strategies. It uses a smart Martingale algorithm combined with trend-following logic from higher timeframes (M15 and H1), with no stop loss. The EA aims for small, consistent profits by closing all trades once a specified net profit is reached.

Key Features:

• ✅ Trend-Based Entry: Uses EMA crossover on M15 and H1 to detect trend direction.

• ✅ Martingale Scaling: Adds positions using Martingale logic (e.g., 0.01 → 0.02 → 0.04) if the market moves against the open trades✅ One Direction Only: Opens trades in one direction only based on current trend.

• ✅ Profit-Based Exit: Closes all trades once the net profit reaches a user-defined target (e.g., $2).

• ✅ Auto Lot Support: Supports scaling lot sizes based on account balance (via customizable multiplier).

• ✅ No SL / No TP per trade: Risk is managed by logic, not static stops.

• ✅ Compatible With All Currency Pairs

• ✅ Optimized for M1 Chart

Recommended Settings:

• 💰 Minimum Starting Capital: 1,000 Cent Account (or $10 Standard)

• 📈 StartLot: 0.01

• ⚙️ LotMultiplier: 2.0 (adjustable)

• 🎯 ProfitTargetUSD: 2.00 (default)

• 🕒 Chart Timeframe: Attach to M1, while strategy uses M15 and H1 internally