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 !

 

This EA trades only with the price of open candle!

You need to perform back test with "open prices only" option,

Variables

        

•  Use_TP_In_Money- Use Take Profit In Money (values:true/false).
•  TP_In_Money- Take Profit In Money   (values: 10-100).
• Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
• TP_In_Percent- Take Profit In Percent (values: 10-100).
• ------------[Money Trailing Stop For Multiple Trades]----------------------
• Enable_Trailing-Enable_Trailing with money  (values:true/false).
• Take Profit In Money (in current currency) (values:25-100).
• Stop Loss In Money(in current currency) (values: 1-20).
• -----------------------------------------------------------------------------------
• Exit= Close trades if the trend is against you and control draw dwon (values:true/false).
• 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)