PRICE ACTION MULTIPAIR MARTINGALE

MQL4 Experts

Specification

An Expert Advisor based on Candles Price Action, RSI, Waddah_Attar_ADXxBollinger and Moving Average. EA has choice to use Single pair martingale strategy  or multi pair martingale strategy.

 

Valid Buy Order:

1.       Low Candle Nr.3  ≤ Low Candle Nr.2

         Low Candle Nr.2  ≤ Low Candle Nr.1

         Low Candle Nr.1  ≤ Low Current Candle

                  Low Candle Nr.2  < Low Current Candle

      *≤ : Same High are Tolerable

2.  If sets to true,  Waddah_Attar_ADXxBollinger Indicator has Valid buy order Starts on green second bar

3.   If sets to true; RSI must not in the overbought condition, which is could be set above 75

    4.   If sets to true, Current candle must be above the moving average line 

 

Multipair Martingale Strategy (if sets to true)

Within pairs that sets in the EA setting, Seek for one valid open position.  If price move to a wrong direction for a certain pips, seek another one valid open position from all pairs that the EA use; EA close all orders at designated profit.  But if the second position move to the wrong direction for certain pips, seek another valid open position from all pairs that the EA use. Keep seeking new positions if all orders have not been close all in profit.

Open next martingale can be from the same pair if the pair has valid signal

    Next open lot can be set by automatic LotExponent  and increament or Manually by putting lot value for each level 

 

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Project information

Budget
50 - 150 USD
For the developer
45 - 135 USD
Deadline
from 3 to 10 day(s)