Flat Martingale MT5

This robot is based on martingale logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic.

The positions are opened in both direction without setting Take Profit and Stop Loss.

Stop Loss is set only in case of running a positive trade and will be trailed.

The closure of all the opened positions is done by robot when the target profit is reached.

Suggested period is M1, but it also works with others.

Can be used on all pairs using default parameter as suggestion (just verify the spread applied to your broker to adjust the filter parameter). But before that, it is strongly suggested to follow the recommendations below.


Parameters

  • targetProfit: amount in account currency that will trigger the closure of all the positions.
  • commissionFactor: factor to calculate the commission on running positions as formula lotSize*commissionFactor (use the proper value based on your broker account).
  • pipsDistance: amount in pips that will trigger opening of new positions (suggested minimum value 200).
  • trailDistance: amount in pips that will trigger trailing when negative trades not running.
  • initialLotSize: initial size of lot to be opened.
  • slippage: slippage set during position opening.
  • allowedSpread: max spread allowed to open positions.
  • stopTrading: if true the robot will stop opening new positions in case there are no positions at all to be closed.


Recommendations

Do backtest of good quality (at least 99.9%) if you can.

Control the risk and work with appropriate volumes (lots) to your capital according the backtest results.

Be careful because a parameter setting too aggressive (pipsDistance too low and initialLotSize and/or targetProfit too high) could burn your account!

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Experts
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MQL TOOLS SL
5 (4)
Experts
XT Bitcoin Robot is an advanced  automated trading system  designed specifically for  BTCUSD traders  who want to take advantage of Bitcoin's market volatility without the need for constant market monitoring. The robot continuously analyzes market conditions and automatically executes trades based on its built in trading logic, helping traders stay active in the market 24 hours a day without manual intervention. The system is designed to identify trading opportunities and manage positions accor
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5 (8)
Experts
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Ayush V Jain
5 (3)
Experts
Price Increases on monday. Live Signal on Vantage https: // www.mql5.com/en/signals/2378090 https: // www.mql5.com/en/signals/2378091 live signal is running mode/option 1 with autolot 2 % risk. Overview:  The Gold Space is a fully automated, professional-grade Expert Advisor specifically engineered for the XAUUSD (Gold) market. Designed natively for MetaTrader 5, this EA capitalizes on high-probability volatility expansions using a precise, dynamically calculated breakout algorithm. It eliminate
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Jimmy Peter Eriksson
4.55 (22)
Experts
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Wave Rider EA MT5
Adam Hrncir
4.83 (46)
Experts
Scalper speed with sniper entries. Built for Gold. Tired of all the fake EAs that eventually disappear? Most authors just create another EA when it fails - I wanted to do it differently. Wave Rider is my personal project built out of passion - honest, transparent EA without any fake AI or manipulated back-test that's been continuously updated for more than 6 months, that I am using myself from very first day. Check the Live signal  or Manual  or  Broker performance Version 5.x upgrade notice: Cl
Chiroptera
Rob Josephus Maria Janssen
4.56 (48)
Experts
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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Valentina Zhuchkova
4.2 (25)
Experts
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Thi Thu Ha Hoang
4.77 (52)
Experts
Você já se perguntou por que a maioria dos consultores especializados não é eficaz nas negociações ao vivo, apesar de seu desempenho perfeito nos testes retrospectivos? A resposta mais provável é over-fitting. Muitos EAs são criados para 'aprender' e se adaptar perfeitamente aos dados históricos disponíveis, mas falham em prever o futuro devido à falta de generalização no modelo construído. Alguns desenvolvedores simplesmente não sabem da existência do over-fitting, ou sabem, mas não têm uma ma
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Valeriia Mishchenko
4.13 (40)
Experts
8+ years of live track record with +12,000% account growth: Live performance MT 4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make profit Supported cu
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Free Spike Finder MT4
Pier Gaetano Novara
3 (2)
Experts
Same behavior of https://www.mql5.com/en/market/product/25552 but fixed lot 0.01 The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on the M1 chart. Does not need historical data. It does not use Martingale Grid Hedge Parameters spikeFilte
FREE
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Pier Gaetano Novara
Experts
The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on M1 chart. Does not need historical data. It does not use : Martingale. Grid. Hedge. Parameters spikeFilter - value to decide opening positions takeProfit - take profit in points stopLoss
Spike Finder MT5
Pier Gaetano Novara
Experts
The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used M1 chart. It does not use : Martingale. Grid. Hedge. Parameters spikeFilter - value to decide opening positions takeProfit - take profit in points stopLoss - stop loss in points firstTrailS
ZigoZago
Pier Gaetano Novara
Experts
This robot is based on grid logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic. The positions are opened in both direction without setting Take Profit and Stop Loss. Stop Loss is set only in case of running positive trades and these positions will be trailed. Partial closure of opened positions is done by robot to allow trailing mechanism. Suggested period is M1, but it also works with others. Can be used on all pairs using default
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Pier Gaetano Novara
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