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SemiEA Martingale Dollar

5

Semi Martingale EA

EA features:

  • - EA helps to open recovery trades after the first trade placed by the trader.
  • - This EA works well with other EA.
  • - Trader is allow to open first trade based on his analysis, which increase the chances of closing the trades with Take Profit.
  • - EA has fake take profit setting to confuse broker.
  • - EA has trailing stoploss function, allow trader to maximize profit.
  • - EA open recovery trade only at the opening of new candle if criteria are met.
  • - Take Profit can be set as dollar.
  • - StopLoss & CutLoss Functions.
  • - Auto set to Breakeven when trade layers is reached.
  • - Pipstep exponential making the distance between two trades dynamic.


    EA Parameters explain

    Parameter Recommended Remarks
    TakeProfit Option:  Pip TP - Dollar TP/ Pip TP
    - There are two modes of TakeProfit for your trades.
    Fake TakeProfit(pip):  50 - This takeprofit is a hardcore setting which will reflect in your trade.
    - This fuction is ignored when “Dollar TP” is chosen.
    Real TakeProfit(Pip):
    		 4 - This is real takeprofit, it it usually lower than “Fake TakeProfit”.
    - Your trade will hit this real takeprofit before hitting the fake takeprofit.
    - This setting is ignored when “Dollar TP” is selected.
    - “0” means Breakeven.
    StopLoss(Pip)    - Set a StopLoss to trades.
    Real TakeProfit($$):

    		- EA will calculate your required profit dollar and set it as a hardcore takeprofit in your trades.
    - This function is ignored when “Pip TP” is chosen.
    - “0” means Breakeven.
    Real StopLoss($$)    - Close trade(s) when the amount stop loss is reached.
    Recovery Options  Pipstep & Candle Closed/
     Pipstep Only                        		 - "Pipstep & Candle Closed": New recovery trade open when the pipstep value is reached and at the closed of the current candle.
    - "Pipstep Only": New recovery trade open when the pipstep value is reached. 
    Pipstep:
    		 15 - This is the minimum pip distance between two trades.
    Pipstep Exponential Rate:    - Pipstep will increase according the this rate as the layer increases. 
    - Set at "1" means the pipstep will remain the same.
    Lotsize Exponential Rate:
    		 1.3 - This is the multiply factor for the next trade lotsize.
    - Example: (Setting at 1.3) if the first trade open with a lotsize of 0.10, the next trade will be 0.13.
    - Set at “1” means that your following trades will have the same lotsize as your initial trade.
    Breakeven Level:   5 - When trades layer reach this setting, EA will set the take profit to the breakeven point.
    - This function increase the level of protection to account, and reduce the chances of margin call.
    Breakeven Level + pip   1 - This is a compensation to breakeven point. while "0" = exact break even point, "1" means break even point + 1 pips (So when breakeven level is hit, trader actually has 1 pip of profit, and so on.
    Maximum Trade Allowed:   - EA only permit to open the number of trade allowed.
    Maximum Spread Allowed:   - When spread over this number, EA will not open new trade until spread drop below this amount.
    Trailing function:   - True: turn on trailing function.
    - False: turn off trailing function.
    Trailing Start pips:     - “0” means trailing function will be activated when your trades breakeven.
    - “10” means trailing function will be activated when your trades have a total profit of 10 pips.
    Trailing Distance:  10 - This is the distance from the current price when trailing function activated.
    CutLoss - Dollar   - Close trade(s) when the amount stop loss is reached.
    CutLoss - Percentage (%)   - Close trade(s) when the % of equity is reached.
    Automatic Start Trade  True/False - This is for testing of EA functionality purpose. Please turn it to "FALSE".
    Backest Direction 
    		- Test on Buy/ Sell/ Buy & Sell


    Notes in using this EA

    PLEASE SET THE BACKTEST SETTING "AUTOMATIC START TRADE" TO "FALSE". 

    $1,000 ($10 cent account), below this capital is not recommended to use this tool.


    Recensioni 1
    Wan Suryolaksono
    1488
    Wan Suryolaksono 2021.11.27 08:11 
     

    Very useful EA. Help me on every trade I am working. I hope thiw EA will have more UI features to make trading more faster and more profitable

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    Filtro:
    Wan Suryolaksono
    1488
    Wan Suryolaksono 2021.11.27 08:11 
     

    Very useful EA. Help me on every trade I am working. I hope thiw EA will have more UI features to make trading more faster and more profitable

    Rispondi alla recensione
    Versione 1.32 2023.05.07
    Addition: a small parameter is added to adjust breakeven point. Kindly refer to description for detail.
    (This is an optional UPDATE, for the intrested trader)
    Versione 1.31 2022.11.16
    Fixing error on previous update.
    Versione 1.30 2022.11.16
    Bug fixed on the button not functioning.
    Versione 1.29 2022.11.06
    1.29 version has added a button to show and hide the buttons. the font size also decrease.
    Versione 1.28 2021.12.22
    (Kindly test in Demo Acc first)
    - New Graphic User Interface added for fast trading & trader convenience.
    - Dollar Breakeven level repaired.
    - Dollar Trailing Stop function added.
    Versione 1.26 2021.11.28
    - Dollar Tp bug fixed.
    - Maximum spread allowed parameter is added.
    - Breakeven level parameter is added. When the number of layers is reached, EA will move tp to the breakeven point.
    Versione 1.25 2021.08.15
    Added Function
    - CutLoss Function.
    - Stoploss Function.
    - Traililng Stoploss bug fixed.
    - Trades limit.
    Versione 1.24 2021.08.07
    - Minor bug fix in printing error of trade modification in the journal.
    Versione 1.23 2021.08.06
    - Options (Pipstep & Candle Closed / Pipstep Only) for recovery trade is added.
    Versione 1.22 2021.08.06
    - Trailing Stop malfunction bug is fixed.
    Versione 1.21 2021.08.06
    Instant respond to the change of Takeprofit both in Pips and Dollar.