Simple martingale EA

MQL4 Experts

Job finished

Execution time 1 day
Feedback from customer
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Specification

dear coder,

i need an EA that uses 2 martingales combined. (no indicators)



entry point:  is the end of a candlestick ( if candle closes (in chosen timeframe) open an order in the direction that the candle has closed as soon as the candle closed (if bull buy- if bear sell)

if trade is loss --> use martingale x times --> as long as he is losing with with choseable multiplier for martingale 1 -->  if x trades are lossed use from then on new multiplier continued with xNew ammounts and new multiplier till he recheas xNew amounts and then restart with initial lot. if he wins restart with initial lot too



example:

initial lot: 0.01

take profit:10

stop loss:10

martingale 1 multiplier: 2.00

amounts martingale 1: 3

martingale 2 multiplier: 4.00
amounts martingale 2: 2
spread filter: 2


Trades (W=win;L=Loss)

Exmpl1: W 0.01; W 0.01; L 0.01; L 0.02; L 0.04; L 0.08 ; L 0.32 ; L 1..28; restart with initial lot
Exmpl2: W 0.01; L 0.01; L 0.02; W 0.04; restart with initial lot

Exmpl3: L0.01; L0.02; L 0.04; L 0.08; W 0.32 -> restart with initial lot.


if any question open please ask. : some EA doesnt work fast in backtesting--> please make sure EA is backtesting fast ( or at least not to slow)





layout --->>>> below in settings EA:

initial lot:


take profit:

stop loss:

martingale 1 multiplier:

amounts martingale 1:

martingale 2 multiplier:


amounts martingale 2:


spread filter:

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Project information

Budget
30+ USD
VAT (20%): 6 USD
Total: 36 USD
For the developer
27 USD
Deadline
from 1 to 2 day(s)