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Martin Overlap Bot

Fully automatic trading strategy that does not use any indicators. This system is suitable for 4 and 5 digit brokers. At the very beginning of trading, two multi directional orders are placed with the lot specified in the settings. Then the martingale principle is included in the work. The orders are closed or by the specified take profit line (for purchases-blue, for sales-red) or a new order is opened at the specified distance from the previous one. Profit is achieved by closing the entire network of orders. For a more flexible adjustment to market volatility the EA has the ability to extend the distance between orders. The peculiarity of the expert Advisor is that the take profit levels for the broker remain invisible. Another feature of the expert - this is a decrease in the total floating drawdown, due to the overlap of losses of the initial orders with the profit of the latter.

Main expert settings:
Continue_work - Continue (true) or not continue (false) the trading cycle. In the Continue_work=false mode, the EA does not place new orders. The rest of the orders follow in the normal mode. They are closed in averaging or overlapping mode                                        according to the algorithm .
Lot - the Lot for opening the first order of the series

MaximalLot - the maximum allowable lot

MaximalOrders - maximum number of orders placed

ProfitOverlap - Profit from which the first and last order of the series is closed (in the Deposit currency)

TakeProfit - Take profit level for a series of orders (in points)

Step - Step (distance) between orders (in points)

Multiplier - The multiplication factor the lots next orders

Use_Multiplier_For_Distance - to use or not to use a multiplier of the distance between orders. true - use, false - not use.

Multiplier_For_Distance - multiplier of the distance between orders.

Magic - Unique identifier of orders (if set to 0, the EA will work with orders opened manually - I do not recommend)

Time Settings:

Use_time_settings - enabling/disabling of the restriction of trade in time

Start_Hour - Time to start trading. Written in the format HHmm (for example, 00:15 will be as 0015).

End_Hour - Time to stop trading. Is written in format HHmm (for example 23:55 will as 2355). After the end time, the EA will pause until the start time.

Risk settings:

Maximal_Drawdown - Maximum drawdown (in Deposit currency). After the occurrence of this event all orders are closed forcibly on the current chart.

Show_info - Showing dashboard

For convenience, I added a dashboard that shows statistical information about the current state of the account. On the panel you can see the settings that are currently running (this is done to exclude any user errors. For example, the same magic on different charts, etc.). If you want to stop trading, but the open positions remain on the chart, the EA will display a message in the information panel: "Stop trading; Positions in the process of closing". Once the robot will close all positions, then will appear the inscription: "All positions locked". After that, you can remove the expert from the chart. I added this for convenience, because several robots can work on one chart of one trading instrument. And before it was not clear whether the robot stopped working or not. Whose these positions are: the positions of a remote robot or another robot.

To diversify risks, I recommend using the expert Advisor simultaneously on different accounts that are open in separate terminals. For this purpose I increased the number of product activations to 10.

Thank you for your interest and good luck in trading!
Comentários 2
hdrhdp 2020.06.16 17:11 

i've used in demo account for 2 weeks and got profit 50 % dd 25% pretty amazing, now i'm trading in real account

Spiros Galiatsatos
Spiros Galiatsatos 2018.10.16 16:19 

Using proper risk management and frequent withdrawals, this can be a very lucrative little bot. Thanks Mikhail!

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Tatiana Zyrianova
⭐   ⭐   ⭐   ⭐   ⭐   Dream Scalper is a scalping EA whose signals are determined on price rollbacks from support / resistance levels, using the principle of probability theory. The main advantage of this algorithm is that the EA finds such signals at which the price will continuously go either to stop loss or to profit by trailing stop. Since the profit is not fixed according to the standard settings, profitable trades are closed at a ratio of 2: 1, 3: 1 in relation to the stop loss. Recommen
399 USD
Battle Scalper
Andrey Kozak
Battle Scalper is a fully automatic trading robot. The default settings are for the GBPUSD currency pair, H1 timeframe. The robot trades on the principle of accumulating a positive balance by opening trades for a short time at the moments of an impulsive market. The robot places pending orders at the supposed support / resistance points and then accompanies the deal if it worked. If the transaction does not work, the robot removes the pending order. Trading recommendations: Currency pair GBPU
749 USD
Rhino Scalper EA
Evgenii Golovanets
LAUNCH PRICE 299$ 6 of 10 copies left for this price Next price:    $399 Rhino Scalper EA shows best performance with  IC Markets (click to register)   Live signal #1  https://www.mql5.com/ru/signals/843328 Live signal #2  https://www.mql5.com/ru/signals/843361 Rhino Scalper EA  is a fully automated night scalper EA , which implements convenient features to perform portfolio scalping with the ability to widely diversify trading risks. This Forex robot trades one deal at a time, always uses SL t
299 USD
SFE Bitcoin MT4
Joel Juanpere
The EA use several systems focused on the Bitcoin / USD symbol. The launching price of the EA is 600$ until October 18. After, the price will be 900$ Any doubt or more information, you are invited you to join to the telegram group of the sfe users community. Telegram Community Group:   https://t.me/sfecommunity Signal https://www.mql5.com/en/signals/835278   Live setup The EA is very easy to setup, and can be used with the default parameters. Only parameters related with the GMT of the br
900 USD
Boris Sklyaruk
Advisor for constant stable income with minimal risks.  The adviser 2 trading strategies. 1 strategy: Trading is based on trend movements, positions are opened based on the strength of the trend and based on the data of two user indicators and trading volumes according to the author’s formula. Series of positions have a common take profit, which is based on the statistics of trend movements of this trading instrument and have a limit on the number and return the swap paid on transacti
250 USD
Gold Hunter
Ramil Minniakhmetov
   EA Gold Hunter -  advisor working on XAUUSD and using the "breakout strategy" -strategy of breakdown of lows and highs in its work. Real operation monitoring as well as my ot her products can be found here:  https://www.mql5.com/en/users/mechanic/seller Skype is  here . Telegram is  here . Recommendations Recommend pairs XAUUSD Time Frame  M1  Recommend deposit  1000 usd or 1000 cents  Recommend settings   Default Inputs Value New Cycle  — when enabled, the EA works non-stop, otherwise,
250 USD
Wasp Crazy Pro
Michela Russo
Wasp Crazy Pro is a trading robot  for the trading on forex. This is a complete system with   10 Strategies in 1 EA . This Robot opens a   large number of orders .  Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of  Bee Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 or email !   This Expert advisor not use arbitrage or breakout, then we see an high resistance to slippage Wasp   Crazy Pro  Wor
199 USD
hdrhdp 2020.06.16 17:11 

i've used in demo account for 2 weeks and got profit 50 % dd 25% pretty amazing, now i'm trading in real account

Spiros Galiatsatos
Spiros Galiatsatos 2018.10.16 16:19 

Using proper risk management and frequent withdrawals, this can be a very lucrative little bot. Thanks Mikhail!

Responder ao comentário
Versão 3.650 2020.06.22
Updated the broker's quote data handler.
Versão 3.5 2020.06.20
Added setting for extending the distance of the order network-Multiplier_For_Distance.
Optimized algorithm, optimized memory consumption.
Versão 3.3 2020.04.28
Optimized algorithm, improved performance
Versão 3.2 2019.01.29
Added ability to enable / disable time limit
Versão 3.1 2018.11.20
Performance improved
Versão 3.0 2018.11.18
The algorithm was optimized
The protection against requotes was improved
The performance was improved
An option that limits the number of orders placed was added
Added the dashboard
Versão 2.2 2018.10.08
Noticebly improved performance.
Versão 2.1 2018.10.07
Improved performance.
Versão 2.0 2018.10.07
Version 2.0
Added the ability to continue or not to continue the trading cycle. If you do not continue the market orders are closed in the normal mode and new ones are not placed.
Added the ability to start and pause the EA at the specified time.
Added the ability to close all market orders when the drawdown specified in the settings is reached.
Improved performance.