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ATRx Martingale EA 5

This is a simple trading robot which works on the EMA crossover strategy. It uses ATR indicator based hard Stop Loss and Take Profit levels on every trade. Also uses very risky Martingale Lot System. As mentioned early, this is a martingale system which may or may not wipe your trading account. You must use it with proper input settings and proper money-risk management.

Symbol: EURUSD

Timeframe: H1


ACCOUNT REQUIREMENTS:

  • Minimum balance             =    $1000
  • Minimum leverage            =     1:500
  • Recommended balance     =    $10000
  • Recommended leverage    =    1:500

POINTS:

1. Martingale Lot System (Good for compounding!)

2. Works in all markets.

3. Very Risky!

4. Hard Stop Loss (Using ATR!)

5. Hard Take Profit (Using ATR!)

6. 100% Automatic Trading.

7. Good for Big Capital Account.

8. Uses Trend indicator i.e. EMA.

*New inputs:

1. Server Start Time - EA will start working from this time.

2. Server End Time - EA will stop working at this time.

Note - All times are chart times of the trading terminal (NOT your computer's local time).

Input Parameters:

1. Lot Size- Put trade volume in lots. (use lowest possible volume for your trading account)

2. Max Lot Size- Maximum Lot size of the symbol allowed by the broker for a single trade.

3. ATR Period- Period value of ATR indicator. (Default is 14)

4. ATR Multiplier for SL- This value X ATR value is equal to your Stop Loss. (Default is 2.0 i.e. Stop Loss is 2x ATR)

5. ATR Multiplier for TP- This value X ATR value is equal to your Take Profit. (Default is 4.0 i.e. Take Profit is 4x ATR)

6. Candle ID- EMA crossover and ATR value is based on this candle. (o means current candle(not closed), 1 means previous candle(closed) and so on!)

7. EMA Trend- Uses 200 period EMA as a trend confirmation.

8. EMA Fast- Fast/Small EMA period in crossover.

9. EMA Slow- Slow/Big EMA period in crossover

REMEMBER: This expert advisor is just a helping tool. You are fully responsible for any losses you can have while trading. Always check your trading robots in the Strategy Tester, and on a D trading account. Never use them in a real trading account before you trust them enough. Only trade with money you can afford to lose!



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Live-Signal 1: https://www.mql5.com/en/signals/2233179 Live-Signal 2: https://www.mql5.com/en/signals/2242009 Gold Mana wurde nach über einem Jahr intensiver Forschung und Tests entwickelt. Dieser Expert Advisor nutzt Volatilitätsmessungen in mehreren Zeitrahmen, analysiert die Absichten der Marktteilnehmer und antizipiert Preisbewegungen, bevor sie auftreten, mit Hilfe von Kerzenmustern und Angebots- und Nachfrageanalysen für genaue Einstiege, die hoch reaktiv auf Preisbewegungen von Gold rea
Gold Trading Algo MT5
Ho Tuan Thang
3.94 (34)
ONLY 2 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me - REAL SIGNAL: Default Setting:   https://www.mql5.com/en/signals/2217326 Real operation monitoring as well as my
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Thi Thu Ha Hoang
4.69 (26)
Mach dich bereit für den größten Verkauf des Jahres! Version 4.0 ist da und wir bieten einen massiven Rabatt von 40% auf unser Produkt Boring Pips an. Jetzt für nur $299 erhältlich! Aber beeil dich, dieses Angebot ist nur gültig bis zum 18. Juli oder bis 10 Exemplare verkauft sind (je nachdem, was zuerst eintritt). Verpass nicht dieses tolle Angebot! Hast du dich jemals gefragt, warum die meisten Expertenberater im Live-Handel trotz ihrer perfekten Backtest-Performance nicht effektiv sind? Di
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Mansour Babasafary
4.27 (11)
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Marzena Maria Szmit
4.82 (45)
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Babak Alamdar
4.76 (29)
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Stanislav Tomilov
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Version 1.1 2024.02.14
Added a time variable (User's request!) Now EA will only work between these times:

1. Server Start Time - This uses chart time of trading terminal.
2. Server End Time - This uses chart time of trading terminal.