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McDuckEA

McDuckEA (McDuck) – a very aggressive EA that works on a martingale strategy. McDuck EA can averaged not only their orders, but other orders opened by another EA or opened by the trader manually. To do this, simply set in EA the magic number -1 (minus one).

The EA will be interesting for both beginners and experienced traders.

A set files and a complete guide to the EA McDuckEA  can be found in the "Comments" section.

Key features

  • selection of lots for averaging: standard, economical, same;
  • you can use the moving average as a filter when opening martingale orders;
  • can average other, "not their" orders including those opened by the trader manually;
  • control over the use of Free margin, in case of excess - stop trading;
  • your Stop Out, when reached, closes all orders and stops working until the next H4 bar opens;
  • limit on the number of open orders;
  • restriction on the total lot size of all open orders of one direction;
  • trailing stop;
  • stop trading for a while (during the release of important news);
  • single stop loss level for all orders;
  • "hot buttons" to quickly close all open positions on a currency pair;
  • works on both dollar (USD) and ruble accounts (RUR);
  • works on accounts with quotes of 4 and 5 decimal places and on cent accounts.

Parameters

Block 1. «GENERAL SETTINGS» 

  • Allow opening orders 
  • Magic Number (automatic) 
  • Positions: 
    • Long only  
    • Short only 
    • Long & Short 
  • Timeframe for trading: - the timeframe for opening the first order.
  • Initial lot in the series  
  • Take Profit for one order - the size of the take profit if open only one order.
  • Stop Loss 
  • Minimal profit for martingale - take profit level for quick closing martingale orders.
  • Use MA as a trend indicator 
  • Stop Out %, close all orders - drawdown level, as a percentage, after which all orders will be closed.
  • Free margin limit in percent 
  • Trailing stop level
  • Step trailing stop 
  • Stop work by time 
  • Start of shutdown - the start of a stop can be set in hours and minutes.
  • End of shutdown - the stop end can be set in hours and minutes.
  • Slippage 

Block 2. «MARTINGALE PARAMETRS» 

  • Lots for martingale: - selection procedure for changing the lot size for orders of the martingale.
    • Standard  - regular lots without changes;
    • Economical - economy lots with a changed sequence;
    • Same - equal lots with the same volume.  
  • Multiplier 
  • Step between orders 
  • Maximum number of orders 
  • Maximum amount of lots 

Block 3. «TREND INDICATOR» 

Block 4. «OTHER SETTINGS»

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