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    Results 11 to 13 of 13

    Thread: buy sell martingale EA

    1. #11 Collapse Post
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      jurido is an unknown quantity at this point jurido's Avatar
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      This EA actually follows the trend, but with anticipation of the opposite with the application of martingale. Need to take into account the right equity, distance of OP and TF ..


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      catmesfx is on a distinguished road catmesfx's Avatar
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      As expected of the EA I was looking for. But, when I added the ea to the chart on mt4, I got an error: 'Robot' is not expert and cannot be executed


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      emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda has a reputation beyond repute emadomda's Avatar
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      Basically, I have looked at the FX Pro maker code and saw what it does. I created a very simple version of this ea that uses hedge, trades martingale in a grid fashion but has a disaster stoploss. So the Martingale does not get out of hand.



      Here's the concept:



      Right at the initial launch, the EA will create buy/sell order with minimal lots (0.01 or 0.05 depending on broker. But this doesn't matter cause people can do initial 10 lots if they want to). Immediately after placing these orders, it will place pending orders every 5 (or so) pips and doubling up. Each level is the take profit for the order in the same direction but double size. All orders have disster stop loss (User's choice).


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