Moving avarage martingala
- Experts
- Luis Ruben Rivera Galvez
- Version: 1.0
Use with BTC on a 10-minute timeframe with the settings in the screenshot below.
**Trading robot** that implements moving average crossover with a **Martingale** strategy. ### 1. **Configurable Parameters**
This robot has several parameters that the user can adjust according to their needs or preferences. Here are the details of each parameter:
- **`maMethod` (Moving Average Type)**: Define the type of moving average used for the crossover. Possible values are:
- `MODE_SMA` (Simple Moving Average)
- `MODE_EMA` (Exponential Moving Average)
- Other moving average methods such as `MODE_SMMA` or `MODE_LWMA` can also be used.
- **`fastPeriod` (Fast Moving Average Period)**: Number of periods (candles) used by the fast moving average. In this case, it is set to 10, which means the moving average quickly calculates its value based on the last 10 periods (candles).
- **`slowPeriod` (Slow Moving Average Period)**: Number of periods (candles) for the slow moving average, set to 20 in this case.
- **`lotSize` (Initial Lot Size)**: The initial trade size. This value is the size with which the first trade will be opened. In this case, it is set to 0.1 lots.
- **`resetLotOnProfit` (Reset Lot On Profit)**: If a trade is closed in profit, the lot size is reset to the configured value. This parameter is set to 0.1, meaning that if the trade closes in profit, the lot size will be adjusted to this value.
- **`martingaleMultiplier` (Martingale Multiplier)**: This parameter sets the factor by which the lot size will increase if a trade is closed in loss. In this case, the value is 2, which means the lot size will double with each Martingale attempt.
- **`maxMartingale` (Maximum Martingale)**: Define the maximum number of attempts the robot can make using the Martingale strategy. If this limit is exceeded, the lot size is reset to the initial size. This value is set to 5 attempts.
- **`stopLoss` (Stop Loss)**: Sets the distance in pips from the opening price to the **Stop Loss** level. In this case, it is set to 50 pips. If the price moves against the trade by more than 50 pips, it is automatically closed to prevent further losses.
- **`takeProfit` (Take Profit)**: Sets the distance in pips from the opening price to the **Take Profit** level. In this case, it is set to 100 pips. If the price moves in favor of the trade by more than 100 pips, the trade is automatically closed with a profit.
- **`trailingStop` (Trailing Stop)**: Distance in pips to trigger a **Trailing Stop**. If the price moves in favor of the trade by 30 pips, the **Trailing Stop** will be adjusted to lock in profits in the event of a pullback.
- **`dailyLossLimit` (Daily Loss Limit)**: Sets the loss limit the robot will allow during the day. If losses reach 500 units (in this case), the robot stops trading for the rest of the day.
- **`dailyProfitLimit` (Daily Profit Limit)**: Sets the profit limit the robot will allow during the day. If the robot reaches 1,000 units of profit, it stops trading.
- **`candlesToWait` (Number of Candles to Wait)**: Defines how many candles must pass after a moving average crossover before the robot opens a new trade. It is set to 2 candles, meaning the robot waits 2 candles after the crossover to take action.
- **`touchTolerancePips` (Touch Tolerance in Pips)**: Defines how many pips of tolerance there are for the price to touch the moving average before the robot opens a new trade. This value is adjusted to ensure that trades are not opened too quickly or with a significant lag from the moving average.
### 2. **Global Variables**
- **`lastTradeLot`**: Stores the lot size of the last trade. Used to manage lot sizing when applying the Martingale strategy.
- **`martingaleCount`**: Counter of Martingale attempts. It is incremented each time a trade closes at a loss.
- **`dailyProfit` and `dailyLoss`**: Variables for storing the accumulated profits and losses during the day. They are used to check if the daily profit or loss limits have been reached.
- **`lastTradeDay`**: Stores the date and time of the last trade for comparison and to verify if it is a new trading day.
- **`lastCrossTime`**: Records the time of the last moving average crossover, which helps manage the time between crossovers.
- **`lastFastMAValue`**: Stores the value of the fast moving average at the last crossover, used to verify the price level at which a trade should be opened.
- **`lastTradeTicket`**: Stores the ticket for the last opened trade. This is useful for managing trailing stops.
### 3. **Functions**
- **`OnInit()`**: Initializes media flags m
