McDuckEA MT5

McDuckEA MT5 – martingale strategy EA with hedging. It can work in four modes: by moving average, without indicators, by steps or by closing the bar.

Benefits

• selection of lots: standard, economical and same;
• automatic magic number, individual for each currency pair;
• stop trading when the set drawdown is reached;
• closing orders according to the fixed profit plan;
• closing orders by drawdown percentage;
• hedging, locking unprofitable positions (lock);
• automatic exit from the "lock" - closing all orders;
• virtual take profit, which can be moved manually;
• trailing stop - normal and total;
• limit on the number of open orders;
• restriction on the total lot size of all open orders of one direction;
• managing orders using hot buttons;
• works on accounts with quotes of 4 and 5 decimal places.

Parameters

Block 1. GENERAL SETTINGS

• Trading - allow the opening of new orders.
• Magic number (0-automat) - generates automatically.
• Positions: - choice of trade direction.
• Working timeframe: - the timeframe for opening orders based on trading signals.
• Use MA (Moving Average) - use MA to open orders.
• Open orders by: - Steps or Bars.
• Initial lot in the series
• Stop Loss
• Take Profit
• Update the take profit level - allow modification of take profit.
• Virtual take profit
• Max number of open orders
• Maximum amount of lots
• Work on Friday
• Slippage

Block 2. RISK MANAGEMENT

• Fixed profit on transactions - closing orders when the set profit is reached.
• Profit on transactions, in the deposit currency – the amount of fixed profit.
• Stop trading with drawdown in % - limitation of the drawdown percentage for trading.
• Close all orders at drawdown in % - with such a drawdown, close all orders.
• Martingale
• Lots for martingale: - selection procedure for changing the lot size for orders of the martingale.
• Multiplier martingale coefficient.
• Step between orders
• Dynamic step - allow increasing the step between orders.
• Multiplier for dynamic step - coefficient for increasing the step between orders.
• Hedging - allow hedging (lock).
• Margin level in % - the percentage of drawdown to start hedging.
• Lot for hedging:
• Exit from the lock - allow the EA to leave the lock with a profit.

Block 3. MOVING AVERAGE

Block 4. TRAILING STOP

Block 5. OTHER SETTINGS