Demarker Martingale – expert

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    Charlie Jones
    Participant

    This Martingale EA trades with “Demarker” indicator, it is considered relatively safe because it takes a single trade at a time.

    has Trailing Stop Loss &Take Profit works on all time frames major forex pairs and stocks NASDAQ.

    If we lose a trade then the EA will take a new trade with a multiplied lot size,the EA has a special formula for calculating lot size.

    USEMOVETOBREAKEVEN  system functions like a stop loss

    But a one-time function with a smaller value than the subsequent Stop Loss value to lock minimal profit and avoid loss if the price goes against you.

    If you have reached a certain value of pips with the direction of the trade –

    • WHENTOMOVETOBE – When to move break even (values: 10-100).

    So how many pips would you like to move the stop loss above the price line of the open trade-

    • PIPSTOMOVESL – How much pips to move stop loss (values: 10-100).

    Try it on demo first.

    This EA trades only with the price of open candle!

    Trade volume of a position depends on previous trading results.

    It provides the possibility to limit the maximum risk (in % of deposit) of the trade.

    If you want to trade with constant lotsize say:0.01 lot ,you need to set “MaximumRisk =0” and “DecreaseFactor=0″

    Or else you will have a calculation of  Percent (%) of deposit and MaximumRisk.

    Inputs

    • USEMOVETOBREAKEVEN – Enable “no loss” break even system (values: 0-1).
    • WHENTOMOVETOBE – When to move break even (values: 10-100).
    • PIPSTOMOVESL – How much pips to move stop loss (values: 10-100).
    • Lots – Lots size (values: 0.01-10).
    • TrailingStop-set a value from 10 to 100 to activate trailing stop loss & take profit, “0” will not activate trailing stop loss.
    • Stop_Loss – Stop Loss (values: 10-100).
    • MagicNumber – Magic number (values: 1-100000).
    • TakeProfit – Take Profit (values: 10-100).
    •  period=Demarker indicator period (values: 5-30).
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