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Martingale Expert Advisor

Martingale EA is a multicurrency Expert Advisor using martingale or grid technique to trade the market.

Trading strategy:

Manual Entry + Automated Trade Management

Manual Entry: User can input the starting trade type in the EA based on their analysis. The EA has no intelligence of its own to decide the entry trade type. Intelligence can be added in the EA upon request.

Automated Trade Management: It manages the trade using martingale or grid technique.

After you attached the EA to a chart it will show the following information on the chart:

  1. Starting lot size
  2. Status of New iteration or Single iteration
  3. Lot size information
  4. Gapping information
  5. Profit booking information
  6. EA start and end times
  7. Currently opened trade information

Indicator Settings:

Main Setting

  • Start Trade Type: First trade type (Buy or Sell)
    • Buy Trade: Open buy trade, run martingale in buy direction.
    • Sell Trade: Open sell trade, run martingale in sell direction.
    • Buy Limit: When reach Pending Open Price, start martingale in buy direction.
    • Sell Limit: When reach Pending Open Price, start martingale in sell direction.
    • Buy Stop: When reach Pending Open Price, start martingale in buy direction.
    • Sell Stop: When reach Pending Open Price, start martingale in sell direction.
  • Pending Open Price: Open price for limit and stop pending orders.
  • New Iteration: One Iteration means average closing all running trades. If true, after closing all trades it will restart again from the First trade type.
  • Single Iteration: Run EA only for one iteration.
  • Maximum Number of Trades: This setting helps to put the cap on the number of trades opened by the martingale.

Lot Setting

  • Trade Lot Size Type: It tells how to calculate the next trade lot size
    • Fixed Lot: It will take same lot size for all the trades
    • Incremental Lot: It will add the Lot Incremental to the current lot to determine the next lot size.
    • Multiplier Lot: It will multiply Lot Multiplier to the current lot to determine the next lot size
  • Starting Lot: First trade lot size
  • Lot Multiplier: Multiply this by the last trade lot size to find the next trade lot size
  • Lot Incremental: Add this to the last trade lot size to find the next trade lot size
  • Repeat Lot Size: For how many trades repeat the lot size

Gap Setting

  • Time Gap (in Minutes): Minimum time difference between 2 trades (it saves us when market jump many pips in very short duration at the time of fundamental).
  • Gap Type: It represents the gap between 2 consecutive trades.
    • Fixed Gap: It means every consecutive trade has the same pip gap in between them.
    • Additive Gap: It means that the next trade gap is determined by adding Gap Add to the last gap used.
  • Gap: Gap in points in continuous trades
  • Gap Add: In case of Additive, extra gap addition in continuous trades
  • Gap Add After: In case of Additive, start adding extra gap after this number of trades.
  • Maximum Gap: In case of Additive, maximum gap size. If a gap is more, this value is used.

Profit Setting

  • Profit Book Type: Points, Currency or Both
  • Profit in Points from BE: Profit in points from Breakeven
  • Set hard TP for Points: Enable to set TP for the trades
  • Profit in Currency: Profit in account currency
  • Loss in Currency: Loss in account currency
  • Stop-out Level: When equity reached to this level, all the trades are closed and EA is disabled to open any new trade
  • Hard SL: SL for the trades, it is calculated from the first trade in martingale

Trading Time Setting

  • EA Stop Time: Enable the stop time for the EA
  • Stop Time: If EA Stop Time is enabled, EA will not run any more iteration after this time
  • Monday Off: No new iteration on Monday
  • Friday Off: No new iteration on Friday
  • Daily Time Range: To enable the daily
  • Start Time Hr: For Daily Time Range, start time hour
  • Start Time Min: For Daily Time Range, start time minute
  • End Time Hr: For Daily Time Range, end time hour
  • End Time Min: For Daily Time Range, end time minute

Other Setting

  • Magic Number: Magic number used in trade
  • Comment: Comment on each trade

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⭐⭐⭐⭐⭐ Speed magic New MT5 version   Русскоязычное описание Telegram band Speed Magic .set files and expert settings Speed magic New - This is a  completely new trading system  to achieve the  fastest possible profit  . This is a   mixture of  one of the best time-tested trading systems with the addition of aggressive parameters and an aggressive hedging system. This is not a grid or scalper familiar to everyone with a maximum deposit load, but an   artificial intelligence system  for
99 USD
GerFX Density Scalper
Exler Consulting GmbH
IMPORTANT: Please contact me after buying or renting for the correct key paramter.  Before you buy a night scalper please be aware of the risks involved: 1) Past performance is no guarantee of future profitability (the EA could also make losses).  2) The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading. 3) Any mean reversion can get caught on the wrong side of a fast movements due to unexpected new
2 000 USD
PipFinite Trend Grid EA
Karlo Wilson Vendiola
Smart Grid Trading Expert Advisor Based on the Direction of the Trend. This EA uses an innovative approach in grid trading equipped with customizable parameters. Optimized settings and results can be accessed on our Private Telegram Group. Private Telegram Group Access Send a proof of purchase to ► support@pipfinite.com / MQL5 Private Message Free settings on telegram channel ► https://t.me/pipfinite/508 Notes EA will only work on LIVE if you purchased the indicator: PipFinite Trend PRO M
98 USD
Panther Trader Pro
Michela Russo
Panther Trader Pro is a trading robot  for the trading on forex. This is a Trend Following system that trades mainly during Asian Session. The EA has been subjected to  stress tests  for a period of  17 years  and  passes every year  with a very advantageous profit/drawdown ratio. Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Fox Trader Pro ! (All future updates included) -> To Receive it, Please Contact me by mql5 message or
199 USD
Breakthrough Strategy
Konstantin Kulikov
This system was developed to work with a large number of sets and after a certain time showed itself well when working at the close of trading on Friday. As a result, this direction of trading has become the main one for working with this expert. There are 25 current sets for different currency pairs, as well as a profile for quick setup   (download in comment #96 ). You can analyze the statistics of the work of an expert for different currency pairs at my signal:  https://www.mql5.com/en/signal
280 USD
Forecaster Alligator
Svetlana Visnepolschi
Forecaster Alligator   is a fully automated Forex trading robot using a combination of  NPS indicator  with standard  Alligator   indicator  in combination with RSI   and   RVI   indicators via the CPS technology. The strategy based on  Alligator   indicator is used as a confirmation factor - if the signals from  NPS  indicator and  Alligator   +   RSI / RVI   indicators coincide, the signal strength increases; if  NPS  indicator and  Alligator   +   RSI / RVI   indicators return opposite signa
85 USD
Turtle Scalper Pro
Michela Russo
Turtle Scalper Pro is a trading robot  for the trading on forex. This is a mix of Trend Following and Counter Trend system.   Backtest Now! This Expert advisor not use   arbitrage, grid, martingale or other dangerous strategy , All Trades are covered by StopLoss and TakeProfit . Important Information Revealed By  purchasing  this Expert Advisor you are entitled  to receive a free copy  of   Wasp Crazy Pro ! (All future updates included) -> To Receive it, Please Contact me by   mql5 message   o
199 USD
Red Hawk EA
Wim Schrynemakers
!! RED HAWK - LAUNCH PROMO !! ONLY 6/10 COPIES AVAILABLE AT 149$ NEXT PRICE -> 199$ Red Hawk is a "mean reversion" trading system, that trades during the quiet times of the market. It runs on 9 pairs currently: EURUSD, GBPUSD, USDCHF, EURCHF, EURGBP, AUCAD, AUDJPY, EURAUD and USDCAD. Recommended timeframe: M5 Since this kind of strategy works best with low spread and fast execution, I advise using an good ECN broker. My recommended broker for this strategy :  https://www.icmarkets.com/?camp=4
149 USD
ProFx MT4
Sergej Maehler
FxPro Expert Advisor  is a fully automated forex trading robot designed to work on the most traded currency pair EURUSD. The strategy based on breaking through price levels and does not uses lagging indicators, each entry point is calculated using an advanced input filter based on the analysis of the movement of the price chart. Each order is secured by a fixed stop-loss while profits are carried out using a dynamic stepwise algorithm to capture the maximum profit. Live Monitoring, EURUSD H1, D
499 USD
AW Recovery EA
Alexander Nechaev
Advisor is a system designed to restore unprofitable positions. Simple setup, delayed launch during drawdown, locking, disabling other expert advisors, averaging with trend filtering and partial closing of a losing position built into one tool. The system of automatic calculations will prepare the settings in a few clicks. The use of partial closing of losses allows you to reduce losses with a lower deposit load, which ensures a more secure work with losses, in contrast to the grid strategies o
145 USD
EA Almanac
Vasiliy Strukov
The adviser is looking for signs of a reversal during low volatility and the possibility of a rollback, averaging is used. Real-time results can be viewed here . Recommended pairs - eurusd usdchf usdcad audusd nzdusd Recommended Time Frame M15 For any questions you can write me a message here Telegram group here  telegram channel here   SETTINGS Start lots  -start lot. Use Money Manadgement  - on / off use of automatic lot calculation. Autolot. Free margin for each 0.01 lot  - the amount of fre
75 USD
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