4 EMA + Volume Martingale EA

Strategy for EA here: https://youtu.be/LSqRp_6Q6_4

Indicators:

4 EMA indicators 9, 20, 50, and 200

volume indicator with 20 MA overlay

ADX > 20 as a filter that can be turned on / off to avoid ranging conditions.

Rules:

Counter trend trading strategy with martingale.

1. Buy trade opened when price is X pips below all 4 bands & Volume above 20 MA.  This number can be defined by user, setting Distance from last band.

2. Sell trade opened when price is X pips above all 4 bands & Volume above 20 MA. This number can be defined by user, setting Distance from last band.

3. Trade is closed when the price reaches the second moving average.

4. If trade goes opposite direction, a new trade in the same direction is created at X pips (pip step), this trade is double the last trade. If trade continues in opposite direction a new trade in the same direction is created again at double the last trade.

5. Watch video to understand completely.

EA Settings:

• Money Management
• Trade time 0-24 (customizable)
• Trading day Monday-Friday , true / false
• Magic number
• Max spread
• Range Filter
• Distance from last band in pips to entry (can be set)
• Pip step to open next position in pips doubled
• Max Drawdown (close all trades)