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Experts

Reversing Martingale EA - expert for MetaTrader 5

Andrey Barinov
Views:
28397
Rating:
(52)
Published:
2019.08.11 04:37
Updated:
2022.12.09 08:05
Download as ZIP, How to download code from MetaEditor
MQL5 Freelance Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

This Expert Advisor is based on a very popular but dangerous strategy which doubles the stakes after each loosing trade. Finally, if there is enough margin, it will reverse into the direction of the current price movement and will eventually close in profit, compensating for the entire loosing series.


This code can be used in both MetaTrader5 and MetaTrader4. Just change the file extension from .mq5 to .mq4 and compile the file in MetaEditor.

This expert advisor is designed with visual strategy builder - Mission Automate. Code is generated automatically. More info: https://www.mql5.com/en/articles/4951

This EA is available as a template in a free demo version, so you can easily modify / customise it without programming.


Parameters

inputs


Examples

trades


Backtest

results

    RSI Levels Expert Advisor RSI Levels Expert Advisor

    Classic trading strategy based on RSI levels. Buys when RSI is oversold and sells when RSI is overbought. This expert advisor is designed with visual strategy builder - Mission Automate. Code is generated automatically. More info: https://www.mql5.com/en/articles/4951

    Bars and Rates Information Utility, displays how many bars there are in all timeframes for any user selected symbol, and shows the 'CopyRates' information availablity for any bar Bars and Rates Information Utility, displays how many bars there are in all timeframes for any user selected symbol, and shows the 'CopyRates' information availablity for any bar

    This utility is not a trading or market information utility. This will likely only interest those writing (or debugging) indicators using multiple timeframes and collecting information using Bars (or iBars) and CopyRates. The utility creates a list showing the number of Bars reported by the "Bars" function and shows the success of CopyRates for any selected bar by displaying that bar's time from the collected data (or, it shows the error).

    SeriesIntegerInfo and Rates Bar Information Utility, displays how many bars there are in all timeframes for any user selected symbol, and shows the 'CopyRates' information availablity for any bar SeriesIntegerInfo and Rates Bar Information Utility, displays how many bars there are in all timeframes for any user selected symbol, and shows the 'CopyRates' information availablity for any bar

    This utility is not a trading information utility. It will only have value for those getting information on the Number of Bars that have terminal data. This utility uses the functions SeriesIntegerInfo and CopyRates to obtain and display information about the availability of bar information from the terminal.

    Parabolic SAR Expert Parabolic SAR Expert

    Classic strategy based on Parabolic SAR indicator. With Auto Lot options and Trailing Stop. This expert advisor is designed with visual strategy builder - Mission Automate. Code is generated automatically. More info: https://www.mql5.com/en/articles/4951