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McDuckEA

McDuckEA – works on the martingale strategy. It shows good results when trading on Gold, XAUUSD. Martingale orders are opened with a step from each other and only after the opening of a new bar of the set timeframe. During the release of important news, the EA suspends the opening of new orders. The EA has an internal risk control system and, if the risk is exceeded, it starts to exit the market, closing extreme positions in pairs. The level of loading of the deposit determines the risk and profit. We recommend setting the deposit load value to no more than 30 %. Profitable single positions are automatically protected by built-in breakeven and trailing stop. There are settings for working by time and days of the week.

A set files and a guide to the EA McDuckEA can be found in the "Comments" section.

Benefits

  • risk management by percentage of the deposit load;
  • stop opening orders at the time of the release of important news;
  • pairwise closing of extreme positions if the risk is exceeded;
  • automatic magic number, individual for each currency pair;
  • built-in trailing stop and breakeven have no settings, they work automatically;
  • closing orders by drawdown percentage;
  • work break by day of the week;
  • work by time, by hours and minutes;
  • managing orders using "hot" buttons;
  • works on accounts with quotes of 4 and 5 decimal places.

Parameters

GENERAL SETTINGS

  • Open new orders
  • First, initial lot
  • Take Profit
  • Stop Loss
  • MA for directional selection
  • Moving Average period from 10 to 34
  • Position direction:
  • Magic number (0-automat) - the EA generates the magic number automatically.
  • Slippage

RISK MANAGEMENT

  • Timeframe, for step increase: - by changing the timeframe, you can increase or decrease the step between orders.
  • Step between orders
  • Deposit Load in %
  • Close all orders at drawdown (%) - if the drawdown reaches the set value, then all positions will be closed.
  • Max spread in points 

NEWS BLOCKE - settings for working during news releases.

TRADE BY TIME - trading time by days of the week or hours and minutes.

OTHER SETTING


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CM = "DMF_AI_EA_ROBOT"; Strategy = 1   ElapsedSECONDS = 7 MaxDailyProfit = 3500 MaxDailyLoss = - 1500 MaxMonthlyProfit= 10000 LS= 1.3 CSL= 1.3   ESL= 1.3   PF= 50   STP= 50 CPF= 50 TND= 50 Lot= 15   BLS= 15   CLS= 15   TradingBetween = 16 : 30 - 23 : 30 Risk_Triger=+ 010 Mg = 2001   MAX Range Allowed = 100000   Bars For Range =     1 ️️  backtesting parameters provided Above; for ftmo broker only, account size 100K, Pair USTECHCASH100 Timeframe= H1 or H4. for other brokers and pairs contact s
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Versión 8.0 2023.09.05
To determine the direction of the first order, we added one moving average, which works well in conjunction with another indicator.
Improved risk management system, now risk can be managed using one parameter "Deposit Load in %" (the maximum lot and the number of positions do not matter now).
Due to the change in the risk management system, there is no need to divide lots into groups "Martingale", "Economy", "Equal size".
Versión 7.1 2023.08.08
Added a stop trading during the release of news with the display of the nearest news on the chart and closing of all positions with a minimum profit in case of a decrease in the margin level below 200%. Returned the martingale multiplier to the control menu.
Versión 7.0 2023.07.07
Instead of the martingale multiplier, you can now choose 3 types of lots: "Martingale" lots, "Economy" lots, "Equal size" lots.
Made the risk management system more understandable! Now you can manage the risk by decreasing or increasing the deposit loading percentage. Returned the usual scheme of work on time. Updated and supplemented the guide to the EA.
Versión 6.1 2023.05.23
Important changes have been made that allow you to configure the adviser to work with any deposit. Now you can turn off the automatic risk calculation and manually set the risk parameters depending on the size of the deposit. In addition, the new parameter "Timeframe, for step increase" allows you to increase the step size between orders by selecting a higher timeframe.
Versión 6.0 2023.05.13
The EA has been completely redesigned! The trading strategy has been changed, now the EA does not use indicators and does not use hedging. Added an internal risk management system and automatic trailing stop and breakeven.
Versión 5.3 2022.09.09
Исправлена ошибка в работе виртуального тейк профита.
Versión 5.2 2022.06.03
Fixed an error in sending a signal to Sell when using MA.
Versión 5.1 2022.05.28
The hedging block has been completely changed. The drawdown has been replaced by the margin level. Added selection of lot volumes for hedging. Exit from the lock is possible only with partial locking. Fixed bugs.
Versión 5.0 2022.05.10
The EA can now work in 4 modes: by the MA indicator, without an indicator, by steps or by bars. Improved the operation of the hedging block and the exit from the "lock". Added dynamic step.
Versión 4.4 2021.01.26
Fixed a bug in the operation of the total trailing stop.
Versión 4.3 2021.01.13
Fixed a bug in the virtual take profit.
Change in the work of the advisor with magic numbers.
If the magic number = 1, then the advisor automatically generates an individual magic number for the current currency pair.
If the magic number = 0, then the EA will average orders opened only manually, but will not open new orders.
If the magic number = -1, then the advisor will average all orders open for this currency pair, including those opened manually, but will not open new orders.
Versión 4.2 2020.12.21
Added virtual take profit and fixed bugs.
Versión 4.1 2020.12.12
The new version of the EA has expanded the possibilities for manual trading and added a timeout before opening a new order for the "lock".
Versión 4.0 2020.11.21
We significantly reworked the entire trading strategy of the EA, leaving only two options to choose from, with a moving average or without indicators. Tests have shown that this is enough for autonomous operation of the EA under any conditions. Therefore, we have abandoned the autotrend and special modes for flat and trend.
Added:
locking of unprofitable orders;
expanded the options for using trailing stop;
closing locked orders at breakeven;
closing orders of one direction according to the balance level before locking;
horizontal lines on the chart, stop out and breakeven.
Change:
free margin percentage calculation;
restrictions on the number of orders on a bar were replaced by the step between orders;
structure of the adviser's management menu.
Versión 3.0 2020.04.09
The new version of McDuckEA is more resistant to market volatility, the EA began to open more orders and while maintaining the same risks, began to earn more!
Added:
three modes of operation: by the flat, trend and automatically;
auto trend - an additional indicator for determining the direction of the trend;
restrictions on the number of orders on the first bar;
several new, additional conditions for opening the first order;
the choice of stop loss: ordinary or common;
several new set files.