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EMA Martingale MT5

This is a simple EA which works on the EMA crossover strategy. It uses fixed pips to put hard Stop Loss and Take Profit levels on every trade. Warning! This is a martingale system which may or may not wipe your trading account. If you want to take the risk anyway then must use it with proper money and risk management.

NOTE: Martingale is good for compounding the account in less time. In other words, “Grow it or Blow it!”


POINTS:

1. Martingale System

2. Works in all markets.

3. Very Risky!

4. Hard Stop Loss

5. Hard Take Profit

6. 100% Automatic Trading

7. Good for Big Capital

8. Uses Trend indicator i.e., EMA

 

INPUTS:

1. Lot Size- This is the initial lot size for opening a trade in Martingale System. (Use lowest possible volume for your trading account)

2. Stop Loss Pips- Set stop loss level in pips.

3. Take Profit Pips- Set take profit level in pips.

5. Candle ID- EMA crossover is based on this number candle. (o means current candle (not closed), 1 means previous candle(closed) and so on!)

6. EMA Trend- Uses 200 (default) period EMA as a trend confirmation.

7. EMA Fast- Fast/Small EMA period in crossover. (Default is 5)

8. EMA Slow- Slow/Big EMA period in crossover. (Default is 12)

9. Max Lot Size- This is the maximum possible lot size for opening a trade in Martingale System.


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This indicator uses candlesticks with large real bodies to predict possible market structure shift. Displacement is a very powerful move in price action resulting in strong selling or buying pressure. Generally speaking, displacement will appear as a single or a group of candles that are all positioned in the same direction. These candles typically have large real bodies and very short wicks, suggesting very little disagreement between buyers and sellers. Often, a displacement will occur just af
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This is a simple utility which will put Automatic Stop Loss and Take Profit on all your open trades. The input value of the Stop Loss and Take Profit is in Pips. Whenever you open a trade it will put stop loss and take profit in pips automatically. Inputs: 1. SL and Trailing SL - This is the Stop Loss value in Pips. Also used as Trailing Stop Loss if, "Use Trailing = true". 2. Trailing Steps - This is the steps value in pips for trailing the stop loss. 3. Take Profit pips - Take profit value in
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Easy to use EA designed to auto trade. Works in every market condition. It uses reliable levels of MACD indicator combined with unique logic to perform fully automatic trading operations. *For MT4 version please go here! *If you don't like automated system and only need an alert system to help you in trading. Please check this arrow with alert system  here! FEATURES: Dangerous methods like martingale, hedge, grid or scalping are NOT used. Each position has Stop Loss and Take Profit. Positional
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Simple alert system which will alert you on your mobile terminal, email and on the chart whenever RSI crosses below the overbought level or above the oversold level. Use this alert system, so you don’t have to watch the chart all day for the RSI levels to break. INPUTS: 1.        RSI Period- (Default is 14). Number of candles the RSI indicator will look back for the calculations. 2.        OB Level- (Default is 70). This is the Overbought level or Upper level for the RSI indicator. 3.        O
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S imple arrow with alert on chart. This is NOT an entry indicator but a direction indicator. It uses MACD signal line to show you possible future direction of a trend. Please use it with other filters or confirmations to trade properly. Recommended for scalping and short term trades. Made for EURUSD M5 but it should work on every major pair on M5 timeframe. For MT4 version please go here! *If you need fully automated trading system. Please check this EA  here! FEATURES: Very simple directional i
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