Suggestion MARTINGALE MANAGEMENT TOOL/ SEMI AUTO

Simple management tool for martingale user/lover. Semi-Auto Martingale EA.

 

Could you explain a bit mate about this tool?

 

Basic martingale they will open multiple lot size if first-order facing loss or mistake
many traders get fail due use this strategy, because forex market is not gambling like as in casino

 

understand.... that is the reason why it is a "management tool" for trader who already have in their mind wanting to do martingale in first place.

 

Suggestion of using;

1. As all known, martingale required a certain amount of deposit. 1000 : 0.01
2. You DO NOT want to trade multiple trades. 1 Trade a day
3. You DO NOT want to trade at any time. GMT 8:00 to 8:30 or GMT 12:00 - 12:30
4. Time Frame setting. M5
5. Take Profit setting. 10 pips
6. Trailing setting. OFF
7. Trading during news time. Trade just few minutes before news or 30 mins after news.
8. How to determine Long or Short? follow the trend line trading strategy (MA10 & MA144)
9. Entering of trade. Enter at the pullback (not at the peak nor valley)
10. Target profit at 0.1% per day.

This is a semi-auto EA. The trader is to place your first trade according to your analysis, and EA will take care till it TP. By following the suggestion above, you can rest assure of 90 days 100% profit trade every day.

 

does this manage martingale as a basket? all orders as a trailing stop?

 

Hi Sztusz1, I am not sure what basket means here. In this EA, you will open the 1st trade, then EA will automatically set the TP for you.
If your analysis is accurate, your trade will TP.
if the price go against you, EA will auto manage to open 2nd trades with a lotsize 1.3 rate. This will bring your TP line closer.
Then when the price movement return to your favorable direction, you get TP.

 

ok, thanks

good trades

 

You are Welcome!

 

Hi

Can we use this EA with connection of another Ea. I means if an other EA open trade without tp and sl and if trade goes against then your ea manage this open trade with martingale system

 

Yes, it can. Please ensure your other EA only open trade, and nothing else. Because my EA will take over once you have a open trade.

 

today's trade completed.
2020.03.25 - 0.18%

 

К советнику необходим индикатор!Культнер канал -без него не работает..

 

Sorry, I cannot understand. Could you please translate?

 

Hi TAN CHEE HO

Which indicator or strartegy you use in trading to identify the trend?.

What result can we see if use ea on higher timefram.?
How many maximum trade open ea in row

 

Has your EA any restrictions or expiry dates?

 

The expert Advisor in MT4 magazine requires the Keltner indicator-it refuses to work without it

 

J

Johngee, it is more for day trade/scalping. Higher timeframe is used as a reference to determine direction, NOT ideal for EA in my opinion. Although you can use it at higher TF.

Using it at higher TF will result in long term trading, it will have less layers, and higher profit(TP should set higher). I assume you already have some basic understand about FX.

Hope this answer to your doubt

 

Dima, I don't understand...... Do you have friends that can help you to put your question into English? Sorry

 

Hi, Loverhh, this EA has no restriction, but i has expiry date for protection of intellectual Properties purpose.