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MartexMT5

MartexMT5 is a moderately aggressive EA working on a martingale strategy with hedge. The EA independently monitors the risk and, if the risk is high, takes measures to exit the market with a minimum profit. In the hedging mode, the EA independently leaves the "lock" with a profit.

A complete guide to the MartexMT5 EA can be found in the "Comments" section.

Benefits

  • automatic magic number, individual for each currency pair;
  • automatic breakeven and automatic trailing stop;
  • at high risk, reducing the martingale multiplier to 1 and closing extreme positions;
  • hedging system;
  • trailing stop for single orders and total for orders of one direction;
  • control over the use of Free margin, in case of excess - stop trading;
  • closing orders by drawdown percentage;
  • closing orders under a fixed profit plan;
  • closing all positions on Equity;
  • limit on the number of open positions;
  • restriction on the total volume of all lots in one direction;
  • trade by time;
  • position management using "hot" buttons;
  • works on accounts with quotes of 4 and 5 decimal places.

Parameters

Block: GENERAL SETTINGS

  • Open new orders
  • Initial lot in the series
  • Hedge
  • Take Profit in points
  • Stop Loss in points
  • Positions direction:
  • Magic Number (0-automat)
  • Slippage

Block: RISK MANAGEMENT

  • Fixed martingale lot
  • Martingale multiplier
  • Max orders with a set multiplier
  • Step between martingale orders
  • Max spread in points
  • Deposit Load in %
  • Max number of open orders
  • Maximum amount of lots

Block: INDICATORS

Block: CLOSING POSITIONS

Block: TRAILING STOP

Block: TRADE BY TIME

Block: OTHER SETTINGS


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Version 2.3 2023.05.19
Fixed an error that occurred when testing some currency pairs in the strategy tester.
Version 2.2 2023.05.10
Advisor changes:
- by default, the set maximum spread is 5.0 (in the format for 4-digit accounts);
- added a pop-up warning window about the size of the set maximum spread;
- replaced the parameter "Minimum free margin in %" with a more understandable "Deposit Load in %";
- upon reaching the set limit on the maximum volume of lots, the mechanism for exiting the market will be launched.
Version 2.1 2023.04.08
Fixed a bug in the "Don't work on:" - function to prohibit the adviser from working on specific days of the week.
Version 2.0 2023.04.05
Changed the trading strategy and hedging system. Added automatic breakeven and automatic trailing stop. Now the adviser itself monitors the level of risk and, in case of its increase, takes measures to exit the market with a minimum profit.
Version 1.5 2022.09.18
Исправлена ошибка при установки начального стоп лосса.
Version 1.4 2022.09.09
Исправлена ошибка в работе виртуального тейк профита.
Version 1.3 2022.09.05
Fixed a bug in the calculation of take profit for the first order in a series.
Version 1.2 2022.08.12
Исправлена ошибка в работе функции хеджирования.
Version 1.1 2022.08.09
Fixed a bug in the work of the total stop loss.