Three Step Paroli Outcome - MT4/MT5 Resources

I want to use the 3-step Paroli theory in a "semi-automatic EA". Maybe there is already an EA using it?

The theory is as follows: See theory website But you may not know that parlay represents the modified spelling of the French name for this type of bet: Paroli .

1) Trade when you believe in bullish or bearish trend direction (use MA or some other smart trend detector or other EA, but these are not in the EA, these are what you use manually while entering. This is not a set and forget EA) . The EA is on, its smiley face is in the corner, waiting for you to place a trade, and then it takes over. Use a 1:1 SL and TP P&L ratio based on ATR or ADR (ADR is better) .

2) If you lose, please try again at the starting lot size and direction (0.01). If you win, immediately make another trade at the TP point, using the same SL and TP pipettes you used initially, using double (0.02) and the same direction.

3) If you lose, please try again at the starting lot size and direction (0.01). If you win, immediately place another trade at the TP point, using the same SL and TP pipettes used initially, at double (0.04) and in the same direction. If you win, you are done and return to 0.01 in the same direction starting from the TP point with the same SL and TP pipettes used in the original.

4) If you lose, please try again at the starting lot size and direction (0.01).

5) Do you understand? Just follow the 4 steps above and if you win three games in a row, start with 0.01. Your EA will take your profits from the inputs and then be on standby. Isn't it a good thing to wake up?

Here is a scenario:



This is a "reverse martingale" method. You can get hacked and stuck in this sequence for a long time. Find the Right Direction Unlike roulette, you should be golden using this theory in Forex trading.

ES

PS Please ask questions and ask some coders to post EAs for all of us to forward for testing. When you reach the desired dollar profit, equity percentage... or pips, the EA can stop and return to standby (waiting for your trades). Of course it should run with ECN or without ECN (choose in input). Please try entering all the latest tickers so that they work with all dealers, decimal schemes, lots, suffixes, spreads and slippage inputs. An email alert and notification option with our own sound file selection would be nice. oh! ...this can't be one of those EAs that if you are trading and close your platform and reopen it, it will trade and it should continue where it left off...that's all.

P.S. It is also possible as an option if you know how to do it... Give us a button on the chart to "Close All" and close the EAs on the symbols with this magic number and put them on standby... and another button on the chart for the basket trader to "Close All" on all trades and close all Paroli EAs on all symbols with this magic # and put them on standby. These two buttons should use the least amount of screen space. Your coding skills dazzle us...when people ask you to code, it all comes back to you.

PPPS can we have MT4 code and MT5 code?

PPPPS. I need to enter invisible stop loss and take profit true or false

The input menu looks like this:

MANAGEMENT------------------------------------------------------------------------------------------------------------------------------------------------
LotSize Type: Fixed, Percent of Balance
LotSize: Default 0.01
Type of SL: Do not use. Set in percentage of balance, set in points, set in USD, set in ADR value * multiplier
SL:
Type of TP: Do not use. Set in percentage of balance, set in points, set in USD, set in ADR value * multiplier
TP:
SL & TP Stealth Mode: True or False
Close All from Inputs:
Mode: semi-automatic, automatic with indicator, automatic length and short at the same time
TimeFrame: 0=current
# of Wins in Trade Sequence :
INDICATORS--------------------------------------------------------------------------------------------------------------------------------
Indicator:MA
MA length:
American depositary receipt length:
Button------------------------------------------------------------------------------------------------------------------------------------------------
Button1: Close All Symbol, Close All Basket
Button1
Button1 Y Coordinate
Button1 Font:Tahoma
Button1 Font Size:10
Button1 Font Color: color palette including custom colors
Button2: Close All Symbol, Close All Basket, Optimize
Button2
Button2 Y Coordinate
Button2 Font:Tahoma
Button2 Font Size:10
Button2 Font Color: Palette including custom colors
communication----------------------------------------------------------------------------------------------------------------
e-mail:
Pop-up message:
Push notifications:
Advanced Alert Discord, Telegram, Others :
Play a sound when alerted:
Sound file:
Close ALL Profit: Percent of Balance, $'s, # of Pips
Close ALL Loss: Percent of Balance, $'s, # of Pips
CHART PANEL--------------------------------------------------------------------------------------------------------------------------------
On Chart Info: True or False
X coordinate:
Y coordinate:
Font: Tahoma
Font Size:10
Font Color: Color palette including custom colors
Chart Components Status: Stand By, Trading Sequence Activated
Chart Components: Spread: True
Chart Components: Bar Countdown Timer: True
Depth: number of layers
# of Wins seen in current sequence:
Floating equity:
GENERAL------------------------------------------------------------------------------------------------------------------------------------------------
speed:
Slippage:
ECN: True or False
Suffix:
Print log: true or false
Magic#:
Comment: Paroli

Disclaimer: Make money. If you do not, don't blame me.