Beginner Programming: Moving Average Crossover with and without Martingale functionality – EA MetaTrader 5

All of the functions used in the Expert Advisor are found in the ImportantFunctions.mqh include file.

There are 2 Expert Advisors, both using the price crossing the moving average as their entry signal, with a simple difference: one uses Martingale when losses occur, and the other does not.

I don’t recommend using any of the EAs with a live account, they are made for demonstration purposes only.

Simple Moving Average EA Inputs:

• MAPeriod: The period of the Moving Average indicator.
• LotSize: The lot size used to enter trades.
• TPPoints: Take profit points.
• SLPoints: Stop loss points.

Moving Average EA with Martingale Inputs:

• MAPeriod: The period of the Moving Average indicator.
• StartingLot: The lot size used to enter the first trade; this value will increase after a loss.
• MaxLot: The maximum lot size. The StartingLot can be increased until this value.
• TPPoints: Take profit points. This will increase after a loss.
• SLPoints: Stop loss points. This will increase after a loss.
• LotMultiplier: The lot size will be multiplied by this value after a loss if it has not reached the MaxLot value yet.
• TPMultiplier: The Take profit and Stop loss will both increase by this amount after a loss, providing a recovery edge not only through position sizing but also because of the bigger TP.

The code contains comments, and I’ve made a YouTube video explaining everything you need to understand.

Thanks for reading!