Author of the idea: Dmitriy Epshteyn, mq5 code creator: barabashkakvn.
Warning! High risks!
Meet Martin, a trading system harnessing the power of the Martingale technique. While it may limit the timing for opening new positions, rest assured that this EA expertly manages position closures based on total profit, without any restrictions on trading hours.
Input Parameters
- Use time - toggle the trading time filter on or off;
- Start hour - set the hour for trading to begin;
- End hour - designate the hour for trading to end;
- Lot multiplier - define the ratio for increasing lot sizes;
- Number of multiplications - specify how many times lots will increase consecutively;
- Start position - choose between a Buy or Sell position to start with;
- Minimum profit for close all - set the minimum profit required to close all positions;
- Lots - determine the initial lot size;
- Stop Loss (in pips) - set your Stop Loss threshold;
- Take Profit (in pips) - set your Take Profit target;
- Magic number - assign an identifier for the Expert Advisor.
When using the Martingale system, it's wise to occasionally withdraw funds from your trading account. This strategy can help you secure significant profits before the EA potentially incurs losses.
Remember, optimizing these parameters is crucial for each trading symbol and timeframe to enhance your success.
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