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This repository is a substantial collection of nearly five hundred Expert Advisors for the MetaTrader 5 platform. The library includes various automated strategies such as divergence detection using RSI and MACD, moving average crossovers, and zone recovery systems. It features a mix of trading robots, indicator-based
Collection · MT5
DollarKiller Martingale Study
This MetaTrader 5 expert advisor is an educational project implementing a martingale trading strategy.
High risk
GitHub stars3
Forks2
Last update6 years ago15 Mar 2020
LicenceMIT
Overview
DollarKiller Martingale Study uses Bollinger Bands to trigger entries and employs a grid-based approach to manage trades by layering additional positions at fixed intervals. The system features lot size multiplication after each layer to recover losses and targets a cumulative profit amount for closing the basket. It includes risk management controls for maximum position limits and spread deviations. The project is primarily designed as a study tool for learning MQL5 development.
- Bollinger Bands entry indicators
- Martingale lot scaling recovery
- Grid position layering at fixed intervals
- Configurable maximum position count
- Cumulative profit exit target
Details
Author
dollarkillerx on GitHub
Type
Collection
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
EA files
- 20EaDemo/马丁.mq5
- demo20/马丁.mq5
- demo19/demo19.mq5
- demo1/ea.mq5
- demo3/中极语法.mq5
- demo18/demo18_ea.mq5
- demo20/mading.mq5
About 14 expert advisors in this repository. See them all on GitHub.
Input parameters
Read from 马丁.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
username | string | — | EA平台账户 |
password | string | — | EA平台密码 |
Majic | int | 666 | Majic |
Deviation | int | 100 | 点差小点 |
bandsCycle | int | 53 | 布林带周期 |
bandsDeviation | int | 3 | 布林带偏差 |
initialRrderQuantity | double | 0.045 | 初始下单量 |
initialTakeProfit | int | 103 | 初始止盈点数 |
pointsAddingPositions | int | 219 | 加仓间隔点数 |
marginMultiple | int | 18 | 加仓倍数 |
maximumNumberSameDirection | int | 23 | 同向最大持仓数 |
totalProfit | double | 100 | 总获利出场 |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone dollarkillerx/MT5-STUDY from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 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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