Strategy · Pine Script v5 · On the chart

Xiao Martin

by wynnforthework

Xiao Martin is a Martingale DCA strategy that buys long positions as price drops.

View on GitHub

GitHub stars2on the repository
Pine versionv5runs as is
Lines of code56
Settings12inputs
LicenceNone stated
Last update1 year ago7 Oct 2025

Add It to Your TradingView Chart

  1. 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
  2. 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
  3. 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
  4. 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.

Source Code

The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.

Overview

Xiao Martin enters an initial long trade and adds subsequent orders whenever price decreases by a user-defined percentage from the last entry price, subject to a cool-down period and bar lookback filter. After reaching a specified order threshold, position sizing multiplies according to the configured multiplier. The strategy exits all positions when price reaches a target profit percentage above the average position price. It plots directly on the main price chart. Stop loss is disabled by default.

Details

Published by

wynnforthework on GitHub

Type

Strategy, Pine Script v5

Draws

On the price chart

Category

Mean reversion

Markets

Crypto

Timeframes

Any timeframe

Risk Notes

  • The strategy can add several entries in the same direction
  • The strategy enters trades without a stop loss

Settings

The inputs you can change from the gear icon on the chart. Defaults are the author's.

SettingTypeDefaultVariable
Start Timetimetimestamp("01 April 2021 20:00")start_time
End Timetimetimestamp("01 Aug 2030 20:00")end_time
USDT开单金额float100usdt_order_amount
最大订单数int20posCount
跌幅百分比开单%float2.5next_entry
跌幅多少根K线后禁止下单int88oa_lookback
开单多少单后开启倍投int5multiply_trigger
开单倍数int2multiplier
止盈百分比float10.0tp_all
启用或者关闭止损boolfalsesl_on
跌幅多少%后止损float3stopLoss
止盈后冷却期(K线数量)int3cool_down
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.

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