EZ No Limit
EZ No Limit is a fully automated expert advisor, which opens trades according to the classic martingale strategy. The essence of the strategy is a gradual increase in the volume of trades, in case of closing a deal by Stop Loss. That means, if the transaction was closed with a loss, a new one will be opened with a bigger volume, to cover the loss of the previous trade and in the issue bring profit. The opening of the first trades occurs randomly. The number of trades is regulated in the parameters.
Benefits and features
- Fully automated and does not require extra attention.
- Suitable for working with any brokers
- Minimum recommended deposit: $ 5000 for the minimum number of transactions.
- It is possible to work on cent and micro accounts
- There is a function to automatically calculate the volume based on the size of the deposit
- A simple mechanism for managing risk by changing the parameters for calculating the volume and the Number of trades
- The Expert Advisor is beneficial when using rebates (returning a part of the spread) because it makes a lot of trades
- The Take Profit and Stop Loss parameters should be specified for 5 characters, if necessary, the adviser will recalculate for other cases
- For stable operation, the use of VPS is recommended
- Optimized for working with EURUSD M15. It is recommended to use the default settings
I will be glad to answer any questions about the adviser!
I accept offers to improve the Expert adviser!
- Take Profit – The distance that the price must go to fix profit.
- Stop Loss – The distance that the price must go to fix loss.
- Multiplier - Trade volume multiplier (martingale strategy).
- Number of Trades - Maximum number of simultaneously open trades.
- Autolot - Switch of automatic determination of the volume of trades, if the value is True, the volume will be calculated automatically.
- Autolot Parameter - (with Autolot = true) Parameter for automatic calculation of the trades volume For example, if the parameter is 10 and the deposit is 10000, the volume will be 0.01 lot. With parameter 20 and deposit 10000, the volume will be 0.02 lots.
- Fix Lot - (with Autolot = false) Fixed volume in lots.
- MagicNumber – Advisor’s magic number.