Basic Martingale EA v3 - MetaTrader 5 Expert - MT4/MT5 Resources
This EA only shows an example of the Martingale system with averaging up or averaging down.
It is not a ready-to-use or profitable EA. By default, the TEMA indicator is used as the entry signal and ATR is used as the grid step for order acceptance.
Users can download and modify the source code as needed.
- Fixed bug with trailing functions.
- Added average upward tracking function.
- Revised indicator code.
Attachment download
📎 basic_martingale_ea_3.mq5 (61.74 KB)
Source: MQL5 #32521
Basic Martingale EA v3 - MetaTrader 5 expert usage and screening advice
Basic Martingale EA v3 - MetaTrader 5 Expert belongs to grid EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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