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Project Manhattan SE

The trading system and money management

Without indicators. Uses candlestick patterns to calculate the entry points.

Uses averaging and the Martingale principle, hedging (multidirectional orders)


Parameter Description

  • LotSize - initial lot size. 0.01 per 100 USD (10 000 cents)
  • Risk - the percentage for the lot calculation, if LotSize = 0, then the initial lot is calculated based on the Risk percentage per free margin.
  • MaxLot - Maximum lot size, recommended 10-20
  • Count - the number of candles to analyze, usually 5-6
  • Factor - multiplier for the calculation of the next lot, standard values are 1.3-1.6
  • MaxOrders - Maximum number of orders on the chart.
  • TakeProfit - take profit in pips.
  • StepPips - the minimum distance between orders.
  • DymanicStep - enable multiplication of the distance between orders. StepPips*Order number
  • Slippage - slippage
  • Magic - the magic number, must be different for each chart!
  • DisplayInfo - show technical information


Recommendations on deposits

Recommendations on deposit: 100 USD or more (10 000 cents)

Recommended deposit: 500 USD or more (50 000 cents)

Optimal deposit: 2000 USD (200 000 cents)


Traded Instruments

Trades on 7 pairs: EURUSD, GBPUSD, EURGBP, AUDUSD, AUDNZD, AUDCAD, EURAUD

EA operation signal: https://www.mql5.com/en/signals/158362

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版本 2.1 - 2016.04.25
updated the algorithm of checking the accounts for 4 or 5-digit quotes