Reversing Martingale EA – EA MetaTrader 5

This Expert Advisor is based on a very popular but dangerous strategy which doubles the stakes after each loosing trade. Finally, if there is enough margin, it will reverse into the direction of the current price movement and will eventually close in profit, compensating for the entire loosing series.

This code can be used in both MetaTrader5 and MetaTrader4.Β Just change the file extension from .mq5 to .mq4Β and compile the file in MetaEditor.

This expert advisor is designed withΒ visual strategy builder –Β Mission Automate. Code is generated automatically. More info:Β https://www.mql5.com/en/articles/4951

This EA is available as a template in a free demo version, so you can easily modify / customise it without programming.

Parameters


Examples

trades

Backtest

results

    πŸ“ˆ ROBOTFX MetaTrader Expert Advisors and Indicators to maximize profits and minimize the risks