Hi EveryOne,
I want a simple martingale EA with some special fuctions.
(1) A Simple Martingale EA ( Buy And Sell at same time ) with RSI Function. ( Important and Necessary )
(1.1) Exact Pipstep Function. ( Important and Necessary )
(1.2) Take Profit Base on Fix Pips From Market Pull Back and Average PipStep of all orders. ( Important and Necessary )
(1.3) Place Double Orders of same Lot Exponent With exact PipStep difference. ( Important and Necessary )
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<<<<<<<<<<<(Orders Functions)>>>>>>>>>>>>>>
(2) Place Market Order On Both Side ( Buy And Sell at same time ) or place 1 Market Order and 3 Pending Orders in same Direction each Side and
manage them with Lot Exponent.
(2.1) If Market is Moving Sideways example Uptrend Close Buy Order with TakeProfit and place it again after take profit and Continue placing
sell orders with an Exact PipStep difference and LotExponent Ratio.
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<<<<<<<<<<<<( Exact PipStep Function )>>>>>>>>>>>
(3) Place order on Exact PipStep Difference ( instantly without waiting for closing candle ) Example every 40 Small Pips (Important Function).
Picture Attached
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<<<<<<<<<<<<<(Lot Exponent Fuction)>>>>>>>>>>>
(4) Works With LotExponent and Fixed Lot Function. Choice for True False for Each Option.
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<<<<<<<<<<<<<( Money ManageMent Function )>>>>>>>>>>>
(5) Money Management Function Base on Account Equity for Very First Order Only. Example For Every 50000 use 0.01 starting Lot.
But you can add better fuction too with this according your Knowledge and Experience -:) .
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<<<<<<<<<<<< ( Special Fuction About LotExponent and Exact PipStep ) >>>>>>>>>>>>
(6) Special Function 1 >>
Place Double Orders of Lot Exponent With exact PipStep difference. Example >> Lot Exponent is 2.0 , So
Place first order 0.01 and after again 0.01 with 40 small pips difference, then 0.02 and again after 40 pips 0.02,
Then 0.04 and after 40 Pipstep Again 0.04 so On....!!! First Order is with 3 Same Order Etc 0.01 > 0.01 > 0.01 so in double
it will be total 6 orders with 0.01 then follow lot exponent with also double orders but with exact pipstep difference.
(First 6 Orders 0.01 with exact 40 small pipstep )
(i) Start placing order from 1.25000 with Exact PipStep >>
1.25000 = 0.01
1.25040 = 0.01
1.25080 = 0.01
1.25120 = 0.01
1.25160 = 0.01
1.25200 = 0.01
(ii) Lot Exponent Orders ( For Example Lot Exponent is 2.0 )
1.25240 = 0.02
1.25280 = 0.02
1.25320 = 0.04
1.25360 = 0.04
1.25400 = 0.08
1.25440 = 0.08
so on continue lot Exponent ratio.
Picture Attached
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<<<<<<<<<< ( Special Function 2 About Take Profit Calculation )
(7) Special function 2 >>
(1) Take Profit Base on Fix Pips From Market Pull Back.
(i) SideWays (Sell) Orders TakeProfit
Take Profit is with market Pull Back Pips For Example If Market Moves SideWays uptrend then Take Profit is 200
Small Pips from Last open order.If Last order open price is 1.25440 then take Profit is 1.25240 ( 1.25440-0.00200=1.25240)
and close all Sell orders instantly when hitting TakeProfit. This is SideWays (Sell) Orders TakeProfit .
(ii) Trend Order ( Buy ) TakeProfit
For Trend Order TakeProfit Same After 200 small Pips. Buy order 1.25000 then close it on 1.25200 After 200 Pips and place again buy order.
Take Profit Pips will be same for Both Buy orders and Sell Orders Example = 200 pips. ( ChangeAble )
(2) Take Profit Base on Average Pips step of all Orders ( Commonly Used in all EA )
If Set 30 Pips then take 30 pips for first order and if second order add then average both order with 30 pips.
Average Take Profit for 30 pips for all buy orders as well as sell orders . Example >>
Buy orders = 0.01 at 1.25500 0.01 at 1.25400 0.01 at 1.25300 === PipStep 100 = Take Profit 30
So Average Take Profit for all order is at 1.25405 for clear all trades .
Note: Average TakeProfit and Pullback TakeProfit Both Should work at a same time.
First Manage Average TakeProfit and in case of sideways Market If Average TakeProfit Pips Excced PullBack Profit then PullBack Profit
Should Work and Continue Till TakeProfit Reached.
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(8) <<<<<<<<<<<<< ( Stoploss and Trailing Stop Function ) >>>>>>>>>>>>>>>>>>>>>>
(1) Use a Stoploss Function With Averaging PipsSteps of All Orders
(2) Use a Average Trailing Stop With Trailing Start And Trailing Stop Function.
Active when average trades takeProfit reached to a specific Small Pips in Profit.
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<<<<<<<<<<< { Profit and Loss in Currency Amount ( It may be Dollar or Cent )} >>>>>>>>>>
(9) Fixed Profit and Loss in Amount For Example
Loss in Amount = -2000 so when this amount reached then closed only that symbol trades. ( Both Buy and sell ) and start trading again
Profit in Amount = 2000 so when this amount reached then closed only that symbol trades. ( Both Buy and sell ) and start trading again
True or False Function Required Separetly.
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<<<<<<<< ( Works with All Currency Pairs )
(10) EA should Works with more than one Pairs at a time without any Error and without magic number changing mannualy . (i) GbpUsd (ii) EurUsd (iii) UsdJpy Etc.
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<<<<<<<<< ( Auto Manage 4 Digit and 5 Digit Brokers ) >>>>>>>>>
(11) EA should works and manage automatically 4 Digit and 5 Digit Brokers ( Default Setting as Five Digit Brokers )
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<<<<<<<<< ( Special Function 3 About RSI Features ) >>>>>>>>>>
(12) Special Function 3 >>> RSI Function <<<
(i) RSI TRUE or FALSE
(ii) RSI Period = 14
(iii) Applied Price = close-0 >> open-1 >> high-2 >> low-3 >> MedianPrice-4 >> Typical Price-5 >> Weightedclose-6 >> etc
(iv) RSI Time Frame ( Example M1 , M15 , M30 , H1 , H4 , D1 , W1 , M1 )
(iv)(i) If we Set M30 RSI TimeFrame and Our Chart TimeFrame is M1 then it should follow its M30 RSI Period Not according Chart Time Frame.
(v) Buy Level = 30 , If RSI Below this Level Start Trading Buy Orders Only and Continue it with LotExpopnent in case of sides ways till it Hits TakeProfit
(vi) Sell Level = 70 , If RSI Above this Level Start trading Sell Orders Only and Continue it with LotExpopnent in case of side ways till it Hits TakeProfit
Note = In RSI Trading Only One Side Trading will work. (i) Below Buy Level Only Buy Orders Place (ii) Above Sell Level Only Sell Orders Place.
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(13) <<<<<<<<<<<( Display on Chart )>>>>>>>>>>>>>
All Necessary Input Should be on Chart Display Such as
Expert Name as Title
Account Name = Balance = Equity = Free Margin = Margin = Buy Trades Minus+Profit Floating = Sell Trades Minus+Profit Floating = Drawdown Floating =
Buy Trades Total+ Total orders Lot = Sell Trades Total+Total Trades Lots etc. You can manage these all according your knowledge .
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All necessary input Require in setting
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RSI = True , False
RSI Period = 14
Applied Price = close-0 >> open-1 >> high-2 >> low-3 >> MedianPrice-4 >> Typical Price-5 >> Weightedclose-6 >>
RSI Time Frame = M1 , M15 , M30 , H1 , H4 , D1 , W1 , M1
Buy Level = 30
Sell Level = 70
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Slippage = 3
Lot Decimal = 2
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Lot = 0.01
Lot Exponent = 2.0
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Fixed Lot = True , False
Fixed Lot = 0.01 ( For all Trades )
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Money Management = True , False
Risk Amount Ratio = 50000
Risk = 0.01 (for every 50000 use 0.01 Starting Lot for First Trade only)
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Exact PipStep = 40 ( Small Pips )
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Average TakeProfit = True , False
Average TakeProfit = 30 ( Small Pips )
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PullBack TakeProfit = True , False
PullBack TakeProfit = 200 ( Small Pips )
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Average Stoploss = True , False
Average StopLoss = 1500 ( Small Pips )
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Take Profit In Money = True , False
Take Profit In Money = 2000
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StopLoss In Money = True , False
StopLoss In Money = -2000
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Trailing Stop = True , False
Trailing Start = 30 ( Active when average trades takeProfit is in 30 Small Pips in Profit
Trailing Stop = 10 ( Save 10 Small Pips while Activeted )
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Maximum Trades Allowed Each Side = 50 ( should be Changeable to low or more )
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Magic Number = 1234
Expert Comment = any
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If you need more information about this EA then you are welcome.
This is first time I am using this service. Don't know more about it.
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