Martingale Levels Expert Collection: Free MT4 Expert Advisor

Overview

The system employs a grid-based strategy that places stop orders at specific intervals and manages them using trailing stops. It utilizes martingale lot scaling, where subsequent order sizes are calculated to reach a breakeven point based on current exposure. Risk controls include configurable minimum and maximum lot limits, automated lot sizing relative to account equity, and loss alerts. The repository includes multiple versions of the source code without documentation.

Grid-based stop order placement

Dynamic martingale lot scaling logic

Automated breakeven level calculation

Configurable trailing stop management

Account equity loss alert system

Details

Author

test-box on GitHub

Type

Collection

Platform

MetaTrader 4 (MQL4)

Strategy

Grid, Martingale, Hedging

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
Holds opposite positions at once
Trades without a fixed stop loss

EA files

About 58 expert advisors in this repository. See them all on GitHub.

Source

github.com/test-box/MQL4

Input parameters

Read from levels_v4_06_03.mq4. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`takeprofit`	`int`	`8`	количество пунктов тейкпрофит
`wl_level`	`int`	`3`	количество пунктов до безубыточности (ис?
`distance`	`int`	`5`	минимальное расстояние через которое может быть установлен следующий ордер
`trail`	`int`	`4`	расстояние на котором будет устанавливаться стоп-ордер от максимумов и минимумов (трейлинг расстояние)
`min_lot`	`double`	`0.1`	самый первый лот
`max_lot`	`double`	`10000`	максимально допустимый лот
`Trade`	`bool`	`true`	торговля разрешена (при запрете торговли старые стоп-ордера удаляются, новые стоп-ордера не устанавливаются)
`Trade_to_Close`	`bool`	`true`	торговля до закрытия последнего ордера
`activeBuy`	`bool`	`true`	остановить торговлю по Buy
`activeSell`	`bool`	`true`	отсановить торговлю по Sell
`auto_lot`	`bool`	`false`	лот расчитывается автоматически
`depo_minlot`	`double`	`25000`	депозит на который расчитан начальный лот (нужен для расчета автолота)

Show all 18 inputs

Name	Type	Default	Description
`LotValue`	`double`	`10000`	размер контракта (размер лота в валюте)
`Leverage`	`int`	`1000`	кредитное плечо
`MagicNumber`	`int`	`555`	Идентификатор советника (у каждоко советника должен быть свой ID, чтобы мог торговать параллельно с другими)
`CommentOrder`	`string`	`ML_v4.06.03`	Martingale Levels Expert v4
`LossAlert`	`int`	`300`
`TimeRealert`	`int`	`180`

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone test-box/MQL4 from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.

3Copy the filesCopy the .mq4 file into Experts.

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.

Similar expert advisors

Strom Martingale Collection

by junjun2712

This repository is a collection of MetaTrader 4 expert advisors and indicators focused on aggressive trading strategies. The primary expert advisor uses a grid-based approach with martingale lot scaling to manage positions. It features multiple entry logics, including Bollinger Bands, Exponential Moving Averages, and m

MT4 Collection MartingaleGridIndicator crossover High risk

Updated 1 year ago None stated GitHub

Mql Projects Collection

by PranavSonar

This repository features a collection of MetaTrader 4 expert advisors, primarily focused on a multi-strategy system named Complete Robot. The main EA utilizes a combination of technical indicators including Moving Averages, MACD, Bollinger Bands, and Stochastic oscillators for market entry. It employs a grid-based appr

MT4 Collection GridMartingaleIndicator crossover High risk

Updated 8 years ago None stated GitHub

MQ4 Master Collection

by hairibaba

This repository provides a collection of MetaTrader 4 expert advisors and utility tools. It includes diverse trading strategies ranging from M1 scalping and Heiken Ashi trend following to swing-based approaches. The codebase features a robust trade management framework with classes for order execution, error handling,

MT4 Collection Trend followingScalpingIndicator crossover High risk Archived

Updated 7 years ago None stated GitHub

Simple Forex Tools Collection

by khamzatMurj

This MetaTrader 4 collection contains various expert advisors, including a primary strategy based on EMA 50/200 crossovers and RSI filtering. The main EA manages entries through trend confirmation and provides risk controls such as stop loss, take profit, and trailing stops. It includes features for breakeven activatio

MT4 Collection Indicator crossoverTrend followingGrid High risk

Updated 10 months ago Custom licence GitHub

Clunique Experts Collection

by clunique

This repository contains a collection of MetaTrader 4 expert advisors, including robots based on RSI, Bollinger Bands, and moving averages. The primary featured expert advisor implements a dual-symbol statistical arbitrage strategy using indicators such as ZigZag and Moving Averages to identify entries. It employs a ma

MT4 Collection ArbitrageMartingaleIndicator crossover High risk

Updated 5 years ago None stated GitHub

Lianxi EA Collection

by log22n

This MetaTrader 4 repository contains a collection of expert advisors and utilities, primarily focused on the AM grid robot and various scalping scripts. The main EA employs a grid-based strategy that layers orders at specific distances and includes settings for trend and counter-trend protection. It features a mechani

MT4 Collection GridScalpingTrend following High risk

Updated 2 years ago None stated GitHub