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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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-   Real price is 1000$   - Limited Discount (It is now 299$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels with  many AI conditions to find best position trades. The focus of the EA lies on safety, whi
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EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT5 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
Way To Stars est une EA de scalping nuit spécifiquement conçu pour trader pendant les périodes de faible volatilité du marché pour capitaliser sur les opportunités à faible risque. Cette nuit scalping EA se concentre sur la capture de petits mouvements de prix pour le trading fréquent, accumulant ainsi des bénéfices au fil du temps. Il utilise des mesures strictes de stop-loss pour limiter les pertes potentielles par transaction, assurant ainsi une gestion efficace des risques. Way To Stars est
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Transformez n'importe quelle stratégie de trading en une stratégie de trading de positions ou négociez les stratégies de trading de positions éprouvées basées sur le RSI et l'ADR, y compris un système de contrôle automatisé des retraits pour les positions qui évoluent contre vous. Cet EA est une évolution et une simplification de l'EA MRA qui est utilisé depuis de nombreuses années pour les stratégies de trading de positions enseignées sur le site Web Market Structure Trader. Consultez mon prof
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
EA Black Dragon
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EA Black Dragon fonctionne sur l'indicateur Black Dragon. L'EA ouvre un trade par la couleur de l'indicateur, il est alors possible d'augmenter le réseau d'ordres ou de travailler avec un stop loss. IMPORTANT! Contactez-moi immédiatement après l'achat pour recevoir des instructions et un bonus ! Le suivi du travail réel, ainsi que mes autres développements sont consultables ici : https://www.mql5.com/en/users/mechanic/seller Tous les paramètres peuvent être trouvés ici! Paramètres e
Bonnitta EA
Ugochukwu Mobi
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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
NNFX Algo
AHMED ZABIR SAZOL
This  Expert adviser developed on Prop Trader VP( Patrick Victor) From No Nonsense Fx.  It is an automated trading system that uses 100% technical indicators with very complex settings and some hidden Mathematical calculations to open and close trades. Trade different times for each day. It doesn't use the grid, martingale, or other dangerous money management methods. It has a lot of Entry and Exit Methods, and Every Trade is Stop loss protected. Download Preset file  Features: Every trade is
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Algotradingzone
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Algotradingzone 2021.11.05 19:24 
 

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