Demarker Martingale - expert for MetaTrader 4

Demarker Martingale – EA MetaTrader 4

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This Martingale EA trades with “Demarker” indicator, it is considered relatively safe because it takes a single trade at a time(if you set”max trades”=1).

  has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.

If we lose a trade then the EA will take a new trade with a multiplied lot size,the EA has a special formula for calculating lot size.

USEMOVETOBREAKEVEN  system functions like a stop loss

But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you.

If you have reached a certain value of pips with the direction of the trade –

  • WHENTOMOVETOBE – When to move break even (values: 10-100).

So how many pips would you like to move the stop loss above the price line of the open trade-

  • PIPSTOMOVESL – How much pips to move stop loss (values: 10-100).

Try it on demo first.

This EA trades only with the price of open candle!

Trade volume of a position depends on previous trading results.

It provides the possibility to limit the maximum risk (in % of deposit) of the trade.

If you want to trade with constant lotsize say:0.01 lot ,you need to set “MaximumRisk =0” and “DecreaseFactor=0″

Alternative:   Market Data to CSV - indicator MetaTrader 4

Or else you will have a calculation of  Percent (%) of deposit and MaximumRisk.

Inputs

  •  Use_TP_In_Money– Use Take Profit In Money (values:true/false).
  •  TP_In_Money– Take Profit In Money   (values: 10-100).
  • Use_TP_In_percent- Use Take Profit In Percent (values:true/false).
  • TP_In_Percent– Take Profit In Percent (values: 10-100).
  • Enable_Trailing-Enable_Trailing with money  (values:true/false).
  • Take Profit In Money (in current currency) (values: 1-100).
  • Stop Loss In Money(in current currency) (values: 1-100).
  • Lots – Lots size (values: 0.01-10).
  • Stop_Loss – Stop Loss (values: 10-100).
  • MagicNumber – Magic number (values: 1-100000).
  • TakeProfit – Take Profit (values: 10-100).
  •  period=Demarker indicator period (values: 5-30).
  • Max_Trades(1-5). 
  • IF YOU USE ONLY 1 TRADE:
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  • TrailingStop-set a value from 40 to 100 to activate trailing stop loss & take profit, “0” will not activate trailing stop loss.
  • Enable “Break Even” -(values:true/false).
  • When move “Break Even”- (values: 5-30).
  • How much pips move- “Break Even” (values:5-30).
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    How to perform back test:https://bit.ly/2CD7XWD
      Demarker Martingale – expert for MetaTrader 4
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