Martingale Manager: Free MT4 Expert Advisor

Overview

Martingale Manager uses HTTP and JSON libraries to potentially interface with external configurations or signals, supporting multiple strategies at once. The EA features a 20-level lot sequence system, counter-trading capabilities, and risk management parameters including stop loss and take profit. It allows for market execution or time-based entries while monitoring spreads and price deviation. Documentation is extremely limited, and it relies on complex internal state logic for trade transitions.

Multi-strategy management via HTTP and JSON

Configurable 20-level lot scaling sequences

Time-based and bar-dependent execution logic

Integrated spread and deviation filters

Details

Author

moataz-metwally on GitHub

Type

Trade manager

Platform

MetaTrader 4 (MQL4)

Strategy

Martingale, Hedging

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

Uses martingale lot scaling: losses can grow fast
Holds opposite positions at once

EA files

Martingale Manager.mq4

Source

github.com/moataz-metwally/martingale-manager

How to install it

1Download the sourceUse "Download source (.zip)" above, or clone moataz-metwally/martingale-manager 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.

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