SuperTrend Martingale
- Experten
- Yashar Seyyedin
- Version: 1.0
Notes:
1. Martingale is a betting system. You just download this for entertainment purposes.
2. For MT4 version please contact via private message.
Strategy description
1. This bot uses supertrend indicator to decide entry and exit.
2. Every supertrend signal causes entry but exit if already in profit. You do not need to download the indicator. It is embedded in EA source code.
3. The bot works in both direction simultaneously(Hedging).
4. Trading decisions are based on candle closure. So this is a light load processing EA.
input:
1. magic number
2. risk management option to choose how many lots to trade per 2000usd account balance.
Warning: Backtest results show large draw-down periods for days or weeks when EA applied in M1 time frame.