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Flat Martingale MT5

This robot is based on martingale logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic.

The positions are opened in both direction without setting Take Profit and Stop Loss.

Stop Loss is set only in case of running a positive trade and will be trailed.

The closure of all the opened positions is done by robot when the target profit is reached.

Suggested period is M1, but it also works with others.

Can be used on all pairs using default parameter as suggestion (just verify the spread applied to your broker to adjust the filter parameter). But before that, it is strongly suggested to follow the recommendations below.


Parameters

  • targetProfit: amount in account currency that will trigger the closure of all the positions.
  • commissionFactor: factor to calculate the commission on running positions as formula lotSize*commissionFactor (use the proper value based on your broker account).
  • pipsDistance: amount in pips that will trigger opening of new positions (suggested minimum value 200).
  • trailDistance: amount in pips that will trigger trailing when negative trades not running.
  • initialLotSize: initial size of lot to be opened.
  • slippage: slippage set during position opening.
  • allowedSpread: max spread allowed to open positions.
  • stopTrading: if true the robot will stop opening new positions in case there are no positions at all to be closed.


Recommendations

Do backtest of good quality (at least 99.9%) if you can.

Control the risk and work with appropriate volumes (lots) to your capital according the backtest results.

Be careful because a parameter setting too aggressive (pipsDistance too low and initialLotSize and/or targetProfit too high) could burn your account!

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Professional trading robot   Albatross : Your reliable assistant in the Forex market Albatross is an innovative trading robot designed to analyze the market using a specialized algorithm. This expert uses advanced methods to assess the strength and amplitude of price movements, which allows it to accurately predict trend reversals and make optimal trading decisions. Benefits of using Albatross Unique analysis algorithm: Albatross analyzes market data for a certain period of time, assessing th
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5 (2)
AI TUNE: Advanced Algorithmic Trading Solution BLACK FRIDAY SPECIAL OFFER!   Get a FREE Gold Trading Bot (valued at $199) with your purchase of AI TUNE!   AI TUNE is a cutting-edge forex and metals trading bot that leverages artificial intelligence to analyze market data and execute trades. This sophisticated system processes vast amounts of information in real-time, identifying potential opportunities and managing risks with precision. Backtesting results for AI TUNE are not indicative of
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Guillaume Duportal
4.58 (59)
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Boring Pips MT5
Thi Thu Ha Hoang
4.71 (28)
Vous êtes-vous déjà demandé pourquoi la plupart des conseillers experts ne sont pas efficaces dans le trading en direct, malgré leurs performances parfaites en backtest ? La réponse la plus probable est le surajustement. De nombreux EAs sont créés pour "apprendre" et s'adapter parfaitement aux données historiques disponibles, mais ils échouent à prédire l'avenir en raison d'un manque de généralisabilité dans le modèle construit. Certains développeurs ne connaissent tout simplement pas l'existen
Indicement MT5
Profalgo Limited
4.08 (12)
Bienvenue chez Indicement ! PROP FIRM READY ! -> téléchargez les fichiers de l'ensemble   ici PROMOTION DE LANCEMENT : Il ne reste que quelques exemplaires au prix actuel ! Prix ​​final: 990$ NEW: Choose 1 EA for FREE! (limited to 2 trading account numbers) Offre Combo Ultime     ->     cliquez ici REJOIGNEZ LE GROUPE PUBLIC :   Cliquez ici   LIVE SIGNAL INDICEMENT     apporte mes 15 années d'expérience dans la création d'algorithmes de trading professionnels aux marchés indiciels. L'EA utili
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Free Spike Finder MT4
Pier Gaetano Novara
3 (2)
Same behavior of https://www.mql5.com/en/market/product/25552 but fixed lot 0.01 The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on the M1 chart. Does not need historical data. It does not use Martingale Grid Hedge Parameters spikeFilt
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Spike Finder
Pier Gaetano Novara
The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used on M1 chart. Does not need historical data. It does not use : Martingale. Grid. Hedge. Parameters spikeFilter - value to decide opening positions takeProfit - take profit in points stopLos
Spike Finder MT5
Pier Gaetano Novara
The EA waits for a spike according to a specific logic and opens a position in spike direction setting stop loss and take profit. When positions are in profit they are managed with smart trailing mechanism based also on elapsed time from opened position. It works with 5-digit and 4-digit broker. Must be used M1 chart. It does not use : Martingale. Grid. Hedge. Parameters spikeFilter - value to decide opening positions takeProfit - take profit in points stopLoss - stop loss in points firstTrail
ZigoZago
Pier Gaetano Novara
This robot is based on grid logic but with flat lot size increment and limiting the opening trade frequency to avoid big risk due to this logic. The positions are opened in both direction without setting Take Profit and Stop Loss. Stop Loss is set only in case of running positive trades and these positions will be trailed. Partial closure of opened positions is done by robot to allow trailing mechanism. Suggested period is M1, but it also works with others. Can be used on all pairs using default
Hours and Minutes
Pier Gaetano Novara
The robot will open one BUY and one SELL tread for each pair in a specific time (hour:minute) of the day using the parameters details for Take Profit, Stop Loss  and time slot: For BUY if openBUY is true at  HRBUY:MMBUY using  stopLossBUY and takeProfitBUY For SELL  if   openSELL   is true   at  HRSELL:MMSELL using  stopLossSELL and takeProfitSELL It does not use : Martingale. Grid. Hedge. It works with 5-digit and 4-digit broker. Is strongly recommended to use forex market with spread 0 and l
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