Trading robot · MT5

Dollar Killer Martingale

by DollarKillerMQL

Dollar Killer Martingale is an automated trading robot for MetaTrader 5 that utilizes Bollinger Bands to identify market entry points.

High risk

GitHub stars1
Forks0
Last update6 years ago15 Mar 2020
LicenceMIT

Overview

The EA initiates trades based on price interaction with band boundaries and manages drawdowns through a lot-multiplication recovery system. It features a grid-based approach where additional positions are layered at fixed point intervals when the market moves against the initial trade. Risk controls include a maximum position count per direction and a global basket profit target for closing all open orders. The repository also includes modules for network authentication and custom GUI components.

Details

Author

DollarKillerMQL on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Martingale, Grid, Mean reversion

Markets

Any symbol

Timeframes

Any timeframe

Risk Profile

  • Uses martingale lot scaling: losses can grow fast
  • Opens a grid of orders: exposure builds up in a trend
  • Trades without a fixed stop loss

Input Parameters

Read from 马丁.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
usernamestringEA平台账户
passwordstringEA平台密码
Majicint666Majic
Deviationint100点差小点
bandsCycleint53布林带周期
bandsDeviationint3布林带偏差
initialRrderQuantitydouble0.045初始下单量
initialTakeProfitint103初始止盈点数
pointsAddingPositionsint219加仓间隔点数
marginMultipleint18加仓倍数
maximumNumberSameDirectionint23同向最大持仓数
totalProfitdouble100总获利出场

How to Install It

  1. 1Download the sourceUse "Download source (.zip)" above, or clone DollarKillerMQL/dollarkiller from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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