Frank Ud - MetaTrader 5 Expert | Martin EA Download - MT4/MT5 Resources

The author of the idea — RSI , the author of the MQL5 code — Balabashka Kon .

Applies to offset accounts only! Martin, Martingale. The number of lost lots is doubled.

Start by opening two opposite positions with minimum lot size. The " Take Profit " and " Stop Loss " position levels are determined immediately.

One of them becomes profitable, while the other, of course, loses money. Profitable positions will be closed through TakeProfit, while losses will be viewed from the price in " step ". If the trend continues in the same direction, it will strengthen again. Sooner or later there will be a reversal. Each step to strength is executed by doubling the lot size, so after a reversal the last losing position will hit take profit and cover everything with a positive result. Then everything starts from scratch, opening a position with the minimum lot size.

Trading with this Expert Advisor requires a large enough deposit, otherwise you may not have enough funds to perform all the necessary steps.

Test results in "Each price change is based on real price change" mode, EURUSD M30, initial deposit - 100000, period from 2016.01.08 to 2016.11.17, no optimization performed:

Attachment download

📎 frank_ud.mq5 (26.59 KB)

Source: MQL5 #16932