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That's strange (empty post) ... anyway - this is martingale EA - download it from the link below (no idea about 'simple or not' but it is 'famous' just for sure):
Forum on trading, automated trading systems and testing trading strategies
Sergey Golubev, 2016.01.28 20:07
This is very interesting scalping EA: Angry Bird (Scalping) - expert for MetaTrader 4
Some people say that this EA looks like 'modified Ilan1.6' in trading but with more secure features concerning deposit and so on and having the following:
- MaxTrades parameter (how many simultanious trades can be opened),
- LotExponent: this is lot multiplier for martingale (I prefer 1.4 instead of default 2.0 for example),
- TakeProfit in points (in case of 5 digit price which as 1.09635 so TakeProfit = 20 is 2 pips),
- UseEquityStop parameter to stop trading with TotalEquityRisk (TotalEquityRisk = 20 by default),
- UseTimeOut: close all the trades after MaxTradeOpenHours (I prefer to use UseTimeOut - I mean: EA will close all the trades after MaxTradeOpenHours = 5 hours).
This is the description from the author:
It is EA with features that are very sensitive to movement is equipped with other features including:
- Equity stop;
- Tralling Stop;
- Equity Risk Management;
- Time Out Use;
- Max Trade open Hours and others.
Rule: Use Pair With Minimal spreads, one I use EUR / USD With Time Frame 1 Minute.
This is backtesting for 4 days till now with minimal/minimum risk for deposit:
![MQL5 - Language of trade strategies built-in the MetaTrader 5 client terminal](https://c.mql5.com/i/registerlandings/logo-2.png)
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