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REGISTER PARTICIPANTS Expert Easy Martingale Mt4

Discussion in 'Forex Market MQL5' started by Emma McNeill, Oct 2, 2020.

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Emma McNeill
  1. Emma McNeill

    Emma McNeill Moderator
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    Aug 5, 2020
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    The EA uses the martingale principle - it increases the lot after an unsuccessful trade. But unlike other experts based on this principle, the Easy Martingale increases the lot 4 times at most, so that the drawdown does not become critical for your deposit. With that, after 1 unsuccessful trade the entry conditions are tightened, just as after the 2nd failure. Also, each trade has a fixed stop loss, and it is recommended to set it close. Sometimes, it is better to lose a little 3 times, but then quickly recover these losses and start earning again.

    The EA determines the trend strength using multiple indicators on several timeframes to enter a trade. It has enough options for optimization. It is recommended to use the indicator on the M5 timeframe and on the EURUSD pair.

    Input Parameters
    • Lots - Initial lot size;
    • Slippage - slippage (maximum allowed price deviation in points);
    • Magic - unique Identifier (it must be different for each instance of the EA in the terminal);
    • Take profit - order closing price when the profitability level is reached;
    • Stop loss - order closing price when the loss level is reached;
    • Period ADX - ADX period for determining the trend;
    • Level ADX - ADX level, above which orders are opened;
    • Stochastic Period - period of the Stochastic indicator;
    • stochastic slowing - Stochastic slowing;
    • stochastic levels (0-100) - Stochastic level;
    • period force index - Force Index period;
    • stiffness of candles - candle "stiffness" for a market entry. The greater the parameter, the more bearish (or bullish) the candle should be compared with the previous one;
    • timeframe filter 2 (minutes) - timeframe for the second filter (in minutes, for example: 15 is for M15, 60 - H1);
    • timeframe filter 3 (minutes) - timeframe for the third filter (also in minutes). The recommended value is 240 - H4 or 1440 - D1;
    • stiffness of filter 3 - filter "stiffness" of the third timeframe;
    • timeframe stochastic 2 (minutes) - Stochastic 2 timeframe;
    • stochastic 2 Period - Stochastic 2 period;
    • stochastic 2 Slowing - Stochastic 2 slowing;
    • stochastic 2 shift - Stochastic 2 shift;
    • period momentum - Momentum indicator period;
    • period ADX 2 - second ADX period;
    • period bulls and bears powers - bulls powers and bears powers period;
    • period RSI - RSI indicator period;
    • count bars for divers - amount of bars used in searching for divergences and convergences;
    • stiffness divers - "stiffness" used in searching for divergences and convergences (can be negative);
    • AO shift - awesome oscillator shift starting from the current bar (0-not used);
    • timeframe Ichimoku (minutes) - Ichimoku timeframe (specified in minutes);
    • period CCI - CCI period;
    • levels CCI - CCI levels;
    • hour start place orders - trading start hour;
    • hour stop place orders - trading end hour;
    • delay (sec) - delay between opening orders (in seconds).

    easy-martingale-screen-5965.png easy-martingale-screen-3685.png


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