Forex Robot EMA Martingale EA MT4 MT5
This expert advisor works with EMA - exponential moving average. When the price is above the current EMA then EA uses only sell trades, when the price is below the current EMA then EA uses only buy trades. If the prices move against the profit then it puts more trades, so it's like a martingale grid strategy. Every time when the price crosses MA line trades are closed, it helps to reduce the risk. Also, it closes trades by profit in pips and in profit by money. Default settings work really nice. Also, it closes trades by profit in pips and in profit by money. There are a lot of controllable inputs which you can change as you prefer. This EA works profitably on many time frames and on many Forex pairs. You can find your favorite or use it on multiple charts at the same time.
Input Parameters
Martingale_lot_start = 0.01
Multiply_on_loss = 1.618
Multiply_on_profit = 1.0
How_many_losses_to_reset = 0.0
How_many_profits_to_reset = 1.0
Add_lots_on_loss = 0.0
Add_lots_on_profit = 0.0;
MA_period = 200.0
MA_shift = 0.0
MA_method = Exponential
Applied_price = Close price
Stop_loss = 0.0
Take_profit = 0.0
Distance_between_trades_in_pips = 16.8
Use_trades_closing_by_total_profit_in_pips = true
Total_sum_of_pips_to_close = 16.8
Use_trades_closing_by_total_profit_in_money = true
Money_to_close = 16.8
Magic_number = 6969
Testing in history
EURUSD M5 Test 2018
USDCHF M15 Test 2018
AUDUSD H4 Test 2018
