EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
Martingale MT5
This MetaTrader 5 expert advisor executes trades based on the direction of the most recently closed candle, offering both trend-following and counter-trend modes.
High risk
GitHub stars1
Forks1
Last update6 years ago18 Feb 2020
LicenceNone stated
Overview
Its core logic utilizes a martingale lot scaling system, where position sizes are increased by a user-defined factor following a loss to recover previous deficits. The robot features built-in risk controls including a fixed stop loss, take profit, trailing stop, and breakeven functions. Users can also define maximum daily profit and loss targets in currency and set specific trading hours to restrict activity.
- Customizable martingale lot multiplier
- Daily financial loss and profit limits
- Trend-following and counter-trend entry logic
- Integrated trailing stop and breakeven functions
Details
Author
AbraaoM on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Martingale, Trend following
Markets
Any symbol
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
EA files
Input parameters
Read from Martingale.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
swapWay | tradeWay | w0 | Sentido da entrada |
amount | int | 1 | Tamanho do lote |
tpA | int | 100 | Take profit |
slA | int | 100 | Stop loss |
swapTS | trailingStop | nTS | Aplicar trailing stop |
swapBreakeven | breakeven | nB | Aplicar breakeven |
swapMartingale | martingale | nM | Aplicar martingale |
swapAutoTrade | autoTrade | nAT | Possibilitar entradas automáticas |
martingaleFactor | double | 2 | Fator martingale (atentar ao ativo) |
martingaleMaxRepeat | int | 1 | Maximo de vezes que o martingale será executado |
maxLoss | double | 1000 | Perda máxima em um dia em dinheiro |
maxProfit | double | 5000 | Ganho máximo do dia em dinheiro |
Show all 14 inputs
| Name | Type | Default | Description |
|---|---|---|---|
startTime | datetime | D'09:30:00' | Horário de início |
endTime | datetime | D'17:30:00' | Horário de finalização |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone AbraaoM/Martingale 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.
- 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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