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

This is a multi-asset expert advisor based on the martingale trading strategy. Its original idea was taken from another expert consultant - ExpMartin for MT4.

warn. Martingale is a simple but very dangerous strategy. Carefully assess your risks.

The strategy is to open reversal trades with increasing lot sizes after each loss until a profitable trade occurs or the maximum number of reversals is achieved. In both cases, the next trade will start from the initial lot size.

Compared to the original, the expert consultant demonstrated several points:

Also fixed some bugs.

There are many aspects of the program that could be improved, such as timer operation, volatility analysis, etc. that were not considered.

Specific symbol settings - for step-by-step optimization of each working symbol (should be selected as the current chart symbol).

General settings - for trading.

When used with a multi-currency setup, it is recommended to place the Expert Advisor on the chart with the most liquid symbol (one with the most frequent price changes and continuous trading sessions), such as EURUSD. Alternatively, you can replace the OnTick event handler with OnTimer and start the timer in OnInit.

3-year MultiMartin EURUSD trading performance from 2016 to 2019

MultiMartin trading performance of EURUSD, AUDJPY, GBPCHF in 2019

Attachment download

📎 mt4mode.mqh (0.72 KB)

📎 mt4marketinfo.mqh (3.17 KB)

📎 mt4time.mqh (1.59 KB)

📎 mt4account.mqh (1.55 KB)

📎 mt4orders.mqh (110.1 KB)

📎 multimartin.mq5 (18.59 KB)

Source: MQL5 #27286