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Advanced Easy Martingale

Advanced Easy Martingale

An easy to use martingale EA with advanced parameters and well designed handles to manage and reduce risk. Also known as

 - Buy & Sell martingale

 - 2 way martingale 

 - little martingale


Key info

  • Works on any pair (recommend 1 Hr Chart)
  • Consider starting with EURJPY, GBPUSD, and GBPJPY
  • Recommended capital: $4k - $5k per chart, based on starting lot size of 0.01 
  • Sample set files (higher risk: download; lower risk: download)
  • Use it at your own risk, use capital you can afford to lose


Key features

  • Extremely lean code and very fast strategy testing
  • Unique and well programmed parameters designed to mitigate risk based on the user's preference
  • Optional Stop Loss parameter allows users to turn the martingale recovery method off:
    • you'll be surprised at the lack of a stop loss function on most martingale EAs
    • to do that, ensure that the "Stop Loss" input parameter has a value that is lower than the "Point Step" input parameter

Comparison with traditional martingales

  • Traditional martingale methods double down very quickly resulting in huge drawdowns and margin calls very quickly
  • The Advanced Easy Martingale has parameters which are designed to allow slower and controlled martingale trades, such as the following (with more details in the INPUT PARAMETERS section below)
    • Lot Exponent allows you to slow the increasing lot size to the desired rate
    • TP Multiplier (or de-multiplier) allows you to reduce the TP as the number of trades increase
    • Point Step Multiplier allows you to increase the distance between each trade as the number of trades increase, thus reducing the frequency of trades
    • Stop loss as the name suggest, allows you to set a hard stop loss
    • "Open subsequent trades only on new candle" this restricts the opening recovery martingale trades only when a new candle is formed
    • "Close before this trade" this tells the bot to close the set of buy/sell trades before it reaches this number of buy/sell trades
    • "Close at drawdown percentage" this tells to bot to close the set of buy/sell trades when drawdown reaches a certain percent of total equity

INPUT PARAMETERS

Trade Settings
    •  Lots - The lot size of the first trade. If input is less than 0.01, it will be rounded to 0.01 which is the smallest lot tradable with most brokers
    •  Lot Exponent - The rate at which the lot size increases
    •  Lot Exponent Multiplier - The rate at which the Lot Exponent increases
    •  Take Profit - Amount of profit (in points) that has to be earned (per mini-lot) before the trade closes. 
    •  TP Multiplier - The rate at which the 'Take Profit' level changes (this should preferably be less than 1.)
    •  Point Step - The minimum distance (in points) before the next trade is allowed to be placed
    •  Point Step Multiplier - The rate at which the Point Step increases

Risk Management 
    •  Stop Loss - The amount of loss (in points) that has to be incurred before the trade closes. An input of zero nullifies this input.  
        - (To turn the martingale recovery method off, ensure that the "Stop Loss" input parameter has a value that is lower than the "Point Step" input parameter)
    •  Max Open Orders - Maximum open orders allowed, after which, the EA will not open new orders
    •  Open Subsequent trades on new candle - If set to true, all recovery (average-down) trades can only open at the start of a new candle
    •  Open only if current price is worse off than previous trade - If set to true, all recovery (average-down) trades can only open if all the trades in the set are in a loss

Sell/Buy Settings
    •  Sell/Buy active - this allows you to individually turn on/off either or bothof the 2 inbuilt scalpers.
    •  Close at this before this trade - if number is more than zero, all trades in that set will close before it reaches this number of trades (i.e. trades in that set will never reach that number of trades) 
    •  Close on drawdown percentage -  all trades in that set will close once drawdown reaches this percentage of equity. Set it to 100% or higher if you don't want to use this feature.
    •  Text - The text that will show up in the trades opened by this in-built scalper
    •  Magic index number - Identification number for the trades placed by this  in-built scalper. Any random number will do.




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AW Trading Software Limited
4.33 (73)
Experten
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5 (12)
Experten
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Aleksandr Chebotaev
5 (1)
Experten
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Ho Tuan Thang
3.73 (15)
Experten
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Babak Alamdar
4.21 (14)
Experten
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4.71 (7)
Experten
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4.1 (10)
Experten
Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
Quantum Algo Trading MT4
Lo Thi Mai Loan
5 (6)
Experten
Der ermäßigte Preis von 463 $ ist bis zum 30. Juli 2024 verfügbar. Der Preis ohne Rabatt beträgt 853 $. Überprüfen Sie die Live-Ergebnisse hier: $50K Persönliches Signal:   [Hier klicken] Prop-Firma Live-Signal:   [Hier klicken] MT5-Version hier:   [Hier klicken] Willkommen bei   Quantum Algo Trading MT4 EA . Dieses EA ist darauf ausgelegt, mehr als nur ein mechanisches System zu sein; es wird Ihr Begleiter auf Ihrer Handelsreise ein Leben lang sein. Das EA verwendet ein Ausbruchssystem m
Future Sight MT4
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Experten
$999.99 END ON MONDAY, JULY 22, 2024 !   "FUTURE SIGHT OFFICIALLY ONLY SOLD IN MQL5" SAVE YOUR MONEY FOR THE AUTHENTIC FUTURE SIGHT, NOT WORTHLESS PIRATED COPIES. NEXT PRICE $850. FUTURE SIGHT IS EQUIPPED WITH HIGH SECURITY FEATURES AND HAS A UNIQUE CODE. THIS MAY STOP USERS FROM USING PIRATE FILES, IF APPROVED BY AUTHORIZED FUTURE SIGHT USERS, SO PROTECT YOUR MONEY! FUTURE SIGHT WITH A  WIN RATE OF MORE THAN 80% , OPENING 10 TO 20 OR MORE TRADING EVERY DAY ON 8 SYMBOLS, LOW RISK WITH  "SPECIAL
Bitcoin Scalp Pro
Profalgo Limited
5 (2)
Experten
Aktuelle Aktion: Nur noch 1 für 349 $ übrig Endpreis: 999 $ Schauen Sie sich unbedingt unser „   Ultimatives EA-Kombipaket   “ in unserem   Promo-Blog an   !   LIVE SIGNAL Bitcoin Scalp Pro ist ein einzigartiges Handelssystem auf dem Markt.  Es konzentriert sich voll und ganz darauf, die Volatilität des Bitcoin-Marktes auszunutzen, indem es die Ausbrüche von Unterstützungs- und Widerstandsniveaus handelt. Der Fokus des EA liegt auf Sicherheit, was sich in extrem niedrigen Drawdowns und eine
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5 (16)
Experten
Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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Ramil Minniakhmetov
4.78 (502)
Experten
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Bonnitta EA
Ugochukwu Mobi
3.5 (20)
Experten
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Mansour Babasafary
5 (5)
Experten
25% discount, until 2024.07.20 (Original price: $1000) Get a 50% bonus by buying (or even renting) any of our products. After buying (or renting), send a message for more information. Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artific
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Experten
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Teng Qi Sheng Joshua
Experten
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Experten
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Algotradingzone
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Algotradingzone 2021.11.05 19:24 
 

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