Trabalho concluído
Tempo de execução 10 dias
I need an EA with martingale trading strategy that uses one
indicator to determine buy or sell direction.
The strategy is based on one indicator called ExVo (Settings;
100, 50).
Entry strategy: This
indicator has a 0.0 line which is set as break point. When price is above 0.0
line EA in buy mode only. e.g. when price is above 0.0 then EA opens the first
trade, when first trade target hits EA open the second trade straight away. If
market moves in the other direction martingale kicks in. Sell is the opposite.
Target: Fixt in pips
Stop: No stop
Levels: When market moves against the first trade after certain
pips (distance) EA opens second contract and then third etc.
Calculation for martingale: If the initial lot is 1 then the
calculation is as follow;
1,2,3,4,5,6,7,8,9,10,11,12.
Each extra level of martingale is the initial lot size plus
the last contract size. Initial Lot +
Last Contract.
Distance: This is the number of pips in which the target for
martingale trades should be set. For example of distance is 0 then the target
for all open martingale trades will be at break even. If the distance is 20
then the target is 20 pips above or below the break even point.
Reverse mode: Reserve mode kicks in as an exit strategy,
meaning that we there one o more open positions and the direction of the
indicator changes then EA closes all trades and start opening position in the
indicators direction.
EA settings:
Indicator settings
ExPeriod 100
Normalize 50
Reverse mode On/
Off
Initial Lot 0.01
TP 30
Levels
20
Distance 5
Slippage 3
Magic 12345
Pedidos semelhantes
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