Martin - MetaTrader 5 Expert - MQL5 #18800 - MT4/MT5 Resources

The author of the idea - Vladimir Khristov , the author of the mq5 code - Barabashkakon .

Description from the author of the idea:

This Expert Advisor was created at the request of a forum participant.

vvx080's comment: The idea is to create a grid of stop loss orders, for example we first set two orders sell and buy; once one of the orders triggers, the second order should be removed. If the trade is unprofitable, after 10 pips we open an opposite order with double the lot size. If it is unprofitable again, then after 20 o'clock we open another opposite order with twice the amount of the previous one. If the trade is negative again, after 30 pips we open an opposite order with twice the size of the previous one and so on.

Under such circumstances, there should be many coincidences that the deposit was completely lost. If a positive trading move occurs, we use good tracking so that we can capture 300 profit points. The order does not use Stop Loss and Take Profit, and the trade ends with a common profit. This strategy is not afraid of trends or flatness. During trends, total profits are tracked.

The following is the preliminary calculation of lot size and deposit:

I think a deposit of 3,000 should be enough, but the strategy is difficult to reach level 8 or 9. I might be wrong somewhere, but that's the idea. EA trading will be more accurate.

The EA uses a large number of increments but cannot be called a pure martingale. Additionally, the EA is really able to get out of flats, which many martingales are unable to do.

Please add your comments and ideas to improve this strategy. However, please don't post the idea that "martingale is bad" without at least checking the EA in a demo and understanding how it operates.

EURUSD test results:

Attachment download

📎 martin.mq5 (18.64 KB)

Source: MQL5 #18800