MartexMT5

MartexMT5 is a moderately aggressive EA working on a martingale strategy with hedge. The EA independently monitors the risk and, if the risk is high, takes measures to exit the market with a minimum profit. In the hedging mode, the EA independently leaves the "lock" with a profit.

A complete guide to the MartexMT5 EA can be found in the "Comments" section.

Benefits

  • automatic magic number, individual for each currency pair;
  • automatic breakeven and automatic trailing stop;
  • at high risk, reducing the martingale multiplier to 1 and closing extreme positions;
  • hedging system;
  • trailing stop for single orders and total for orders of one direction;
  • control over the use of Free margin, in case of excess - stop trading;
  • closing orders by drawdown percentage;
  • closing orders under a fixed profit plan;
  • closing all positions on Equity;
  • limit on the number of open positions;
  • restriction on the total volume of all lots in one direction;
  • trade by time;
  • position management using "hot" buttons;
  • works on accounts with quotes of 4 and 5 decimal places.

Parameters

Block: GENERAL SETTINGS

  • Open new orders
  • Initial lot in the series
  • Hedge
  • Take Profit in points
  • Stop Loss in points
  • Positions direction:
  • Magic Number (0-automat)
  • Slippage

Block: RISK MANAGEMENT

  • Fixed martingale lot
  • Martingale multiplier
  • Max orders with a set multiplier
  • Step between martingale orders
  • Max spread in points
  • Deposit Load in %
  • Max number of open orders
  • Maximum amount of lots

Block: INDICATORS

Block: CLOSING POSITIONS

Block: TRAILING STOP

Block: TRADE BY TIME

Block: OTHER SETTINGS


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A utility for managing open positions using virtual (invisible to the broker) stops. Virtual stop loss and virtual take profit can be freely moved around the chart. If the price touches the virtual stop line (TP, SL, TS), the EA will close all orders of the same direction on the current chart. Closing orders by virtual take profit is possible only if there is a profit. With the help of the built-in trading simulator, you can, in the strategy tester, see how the adviser works. Parameters Block
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