Unlock Trading Success with the MT45 EA for MetaTrader 5

Trading Strategy

After a losing trade, the MT45 EA jumps back in with a larger lot size for the next trade. It kicks things off with a Buy order; from there, it alternates between buying and selling. The EA opens positions at the start of each candlestick.

Following a Stop Loss, the EA ramps up the lot size by a KL coefficient until it hits the maximum lot size, ML. Once it reaches that cap, it resets back to the initial lot size, LT.

This strategy is tailored for the EURUSD pair on the H1 timeframe and has been optimized over the period from January 11, 2014, to September 9, 2017.

Expert Advisor Settings

input int    Stop = 600;  // Stop Loss
input int    Take = 700;  // Take Profit
input int    Slip = 100;  // Slippage
input int    MN   = 123;  // Magic
input double LT   = 0.01; // Lot
input double KL   = 2;    // Lot increase ratio
input double ML   = 10;   // Maximum lot

Features

This EA comes with a cross-platform mode powered by preprocessor directives. Here’s how the Martingale function works:

//+------------------------------------------------------------------+
//|                                                                  |
//+------------------------------------------------------------------+
double Lot()
  {
   double lot=LT;
//---  MQL4
#ifdef __MQL4__
   if(OrderSelect(OrdersHistoryTotal()-1,SELECT_BY_POS,MODE_HISTORY))
     {
      if(OrderProfit()>0) lot=LT;
      if(OrderProfit()<0) lot=OrderLots()*KL;
     }
#endif

//---  MQL5
#ifdef __MQL5__
   if(HistorySelect(0,TimeCurrent()))
     {
      double profit=HistoryDealGetDouble(HistoryDealGetTicket(HistoryDealsTotal()-1),DEAL_PROFIT);
      double LastLot=HHistoryDealGetDouble(HistoryDealGetTicket(HistoryDealsTotal()-1),DEAL_VOLUME);
      if(profit>0) lot=LT;
      if(profit<0) lot=LastLot*KL;
     }
#endif

   if(lot>ML)lot=LT;
   return(lot);
  }

Backtests

Check out the performance on the MetaTrader 4 terminal:

And here’s how it looks on the MetaTrader 5 terminal:

Tips

• It’s best to use this EA as a foundation for crafting your own trading strategy.