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)