Martingale Smart – expert for MetaTrader 4
The “Martingale Smart” EA trades with 2 strategies , If we lose a trade then the EA will change strategy and take a new trade
with a multiplied/increased lot size,
This
Martingale EA can work with all pairs and all timeframes.
Best
timeframe is daily.
Start
with 0.01 lot.
TRY IT ON DEMO FIRST !
USEMOVETOBREAKEVEN system
functions like a stop loss
But
a one-time function with a smaller value than the subsequent
Stop
Loss value to lock minimal profit and avoid loss if the price goes against you.
If
you have reached a certain value of pips with the direction of the trade –
- WHENTOMOVETOBE –
When to move break even (values: 10-100).
So
how many pips would you like to move the stop loss above the price line of the open trade-
- PIPSTOMOVESL –
How much pips to move stop loss (values: 10-100).
This
EA trades only with the price of open candle!
You
need to perform back test with “open prices only” option,
Variables
- USEMOVETOBREAKEVEN –
Enable “no loss” break even system (values: 0-1). - WHENTOMOVETOBE –
When to move break even (values: 10-100). - PIPSTOMOVESL –
How much pips to move stop loss (values: 10-100). - Multiply
– Multiply for Martingale (values: 2-4). - Lotsize
– Lot size (values: 0.01-10). - TrailingStop-set
a value from 10 to 100 to activate trailing stop loss & take profit, “0” will not activate trailing stop loss. - Stop_Loss
– Stop Loss pips distance (values: 10-100). - Take_Profit
– Take Profit pips distance (values: 10-100). - MA_period
– Moving Average period (values: 10-200). - MagicNumber
– Magic number (values: 1-100000). - Start
– Start hour(values: 0-24). - End
– End hour(values: 0-24). - Maximum_loss
– Maximum loss(values: 0-10) - WaitTime
– Wait time for loss in minutes (values: 0-999999)
How to perform back test:https://bit.ly/2CD7XWD