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Advanced Easy Martingale

Advanced Easy Martingale

An easy to use martingale EA with advanced parameters and well designed handles to manage and reduce risk. Also known as

 - Buy & Sell martingale

 - 2 way martingale 

 - little martingale


Key info

  • Works on any pair (recommend 1 Hr Chart)
  • Consider starting with EURJPY, GBPUSD, and GBPJPY
  • Recommended capital: $4k - $5k per chart, based on starting lot size of 0.01 
  • Sample set files (higher risk: download; lower risk: download)
  • Use it at your own risk, use capital you can afford to lose


Key features

  • Extremely lean code and very fast strategy testing
  • Unique and well programmed parameters designed to mitigate risk based on the user's preference
  • Optional Stop Loss parameter allows users to turn the martingale recovery method off:
    • you'll be surprised at the lack of a stop loss function on most martingale EAs
    • to do that, ensure that the "Stop Loss" input parameter has a value that is lower than the "Point Step" input parameter

Comparison with traditional martingales

  • Traditional martingale methods double down very quickly resulting in huge drawdowns and margin calls very quickly
  • The Advanced Easy Martingale has parameters which are designed to allow slower and controlled martingale trades, such as the following (with more details in the INPUT PARAMETERS section below)
    • Lot Exponent allows you to slow the increasing lot size to the desired rate
    • TP Multiplier (or de-multiplier) allows you to reduce the TP as the number of trades increase
    • Point Step Multiplier allows you to increase the distance between each trade as the number of trades increase, thus reducing the frequency of trades
    • Stop loss as the name suggest, allows you to set a hard stop loss
    • "Open subsequent trades only on new candle" this restricts the opening recovery martingale trades only when a new candle is formed
    • "Close before this trade" this tells the bot to close the set of buy/sell trades before it reaches this number of buy/sell trades
    • "Close at drawdown percentage" this tells to bot to close the set of buy/sell trades when drawdown reaches a certain percent of total equity

INPUT PARAMETERS

Trade Settings
    •  Lots - The lot size of the first trade. If input is less than 0.01, it will be rounded to 0.01 which is the smallest lot tradable with most brokers
    •  Lot Exponent - The rate at which the lot size increases
    •  Lot Exponent Multiplier - The rate at which the Lot Exponent increases
    •  Take Profit - Amount of profit (in points) that has to be earned (per mini-lot) before the trade closes. 
    •  TP Multiplier - The rate at which the 'Take Profit' level changes (this should preferably be less than 1.)
    •  Point Step - The minimum distance (in points) before the next trade is allowed to be placed
    •  Point Step Multiplier - The rate at which the Point Step increases

Risk Management 
    •  Stop Loss - The amount of loss (in points) that has to be incurred before the trade closes. An input of zero nullifies this input.  
        - (To turn the martingale recovery method off, ensure that the "Stop Loss" input parameter has a value that is lower than the "Point Step" input parameter)
    •  Max Open Orders - Maximum open orders allowed, after which, the EA will not open new orders
    •  Open Subsequent trades on new candle - If set to true, all recovery (average-down) trades can only open at the start of a new candle
    •  Open only if current price is worse off than previous trade - If set to true, all recovery (average-down) trades can only open if all the trades in the set are in a loss

Sell/Buy Settings
    •  Sell/Buy active - this allows you to individually turn on/off either or bothof the 2 inbuilt scalpers.
    •  Close at this before this trade - if number is more than zero, all trades in that set will close before it reaches this number of trades (i.e. trades in that set will never reach that number of trades
    •  Close on drawdown percentage -  all trades in that set will close once drawdown reaches this percentage of equity. Set it to 100% or higher if you don't want to use this feature.
    •  Text - The text that will show up in the trades opened by this in-built scalper
    •  Magic index number - Identification number for the trades placed by this  in-built scalper. Any random number will do.




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Van Hoa Nguyen
4.71 (34)
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Profalgo Limited
4.55 (29)
PROP FIRM PRÊT !   (   télécharger SETFILE   ) PROMO DE LANCEMENT : Il ne reste que quelques exemplaires au prix actuel ! Prix ​​final : 990$ Obtenez 1 EA gratuitement (pour 2 comptes commerciaux) -> contactez-moi après l'achat Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal Bienvenue chez le Faucheur d'Or ! S'appuyant sur le très réussi Goldtrade Pro, cet EA a été conçu pour fonctionner sur plusieurs périodes en même temps et a la
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Mansour Babasafary
5 (2)
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Cence Jk Oizeijoozzisa
2.75 (12)
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Aleksandr Kazmirchuk
5 (4)
Yarukami Mnukakashi is an automated trading advisor designed for traders in the Forex market. Key Features: Strategy type: 24-hour trading, but I recommend avoiding the American session and setting a daily take of $30-40 per 0.01 lot. Can work in one direction or both at once independently of each other. Trading instruments: GOLD Timeframes: M1 Algorithm: uses technical analysis with moving average indicators, Bollinger and Momentum. Risk management: there is a function to forcibly close order
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Ugochukwu Mobi
2.9 (20)
Bonnitta EA est basé sur la stratégie Pending Position (PPS) et un algorithme de trading secret très avancé. La stratégie de Bonnitta EA est une combinaison d'un indicateur personnalisé secret, de lignes de tendance, de niveaux de support et de résistance (action sur les prix) et de l'algorithme de trading secret le plus important mentionné ci-dessus. N'ACHETEZ PAS UN EA SANS AUCUN TEST EN ARGENT RÉEL DE PLUS DE 3 MOIS, IL M'A PRIS PLUS DE 100 SEMAINES (PLUS DE 2 ANS) POUR TESTER BONNETTA EA
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Yvan Musatov
4 (3)
Professional trading robot   Albatross : Your reliable assistant in the Forex market Albatross is an innovative trading robot designed to analyze the market using a specialized algorithm. This expert uses advanced methods to assess the strength and amplitude of price movements, which allows it to accurately predict trend reversals and make optimal trading decisions. Benefits of using Albatross Unique analysis algorithm: Albatross analyzes market data for a certain period of time, assessing th
Indicement MT4
Profalgo Limited
5 (2)
Bienvenue chez Indicement ! PROP FIRM READY ! -> téléchargez les fichiers de l'ensemble   ici PROMOTION DE LANCEMENT : Il ne reste que quelques exemplaires au prix actuel ! Prix ​​final: 990$ 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 utilise
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Teng Qi Sheng Joshua
4.75 (4)
A reversed engineered and improved version of the extremely popular AFSID scalper ( afs-id.com ).  Includes re-modeled versions of these 2 well received scalping programs: " AF-Fibo ", and " AF-TrendKiller".  Take note that this is a high risk scalper Though improvements have been made to mitigate some of the risks, the risks inherent to martingale scalpers still exists, so use it at your own risk. afsida Scalper  (improved AFSID) This is a simple martingale scalper which works on any pair
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Teng Qi Sheng Joshua
5 (1)
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Advanced Moving Averages
Teng Qi Sheng Joshua
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Simple Bollinger Bands
Teng Qi Sheng Joshua
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Algotradingzone
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Algotradingzone 2021.11.05 19:24 
 

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