kn u x martingale
Info
The kn u x martingale is a Expert Advisor for MetaTrader 4 that the strategy works with martingale. the martingale base was coded by matus german.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Experts folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use kn u x martingale
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
the strategy works with martingale.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 4. Place the file in the MQL4/Experts folder and restart the terminal.
Description & Settings
Related: Martingale System with Random Entry - another powerful expert for MetaTrader 4 traders.
the strategy works with martingale. the martingale base was coded by matus german. it will works on all time frames.
Also recommended: VR Overturn: Martingale and Anti-Martingale Expert Advisor - similar expert with strong performance on MetaTrader 4.
to optimize one proceeds as follows:set only adx strategy to "true", the wpr-strategy "false";
optimize "main signal" settings and adx strategy settings;
adx strategy set to "false" and wpr-strategy on "true";
optimize "wprsignal" settings;
now, adx strategy and wpr strategy set to "true" and lets trade!!!
if you have a good set-file found, mail me and i gladly exchange with you set-files.
if you know improvements, mail me and i'll try to fruition this.
if you find errors, mail me and i'll try to fix them.
for backtesting you should have a modelling quality from 99.90% and test it on every tick!!!
strategy tester report
knux_martingale
xm.com-demo (build 765)
You may also like: martingale bone crusher - excellent alternative for expert users on MetaTrader 4.
Source Code
#property copyright "robotfx"
#property version "1.0"
#property description "this code is educational. feel free to use, modify and upgrade as you wish. visit robotfx.org for professional trading tools"
extern string mainset ="------ main settings ------";
extern double stoploss = 150;
extern double takeprofit = 50;
extern string martingaleset="------ martingale settings ------";
extern double lotsmultiplier = 1.5;
extern double distancemultiplier = 1.5;
extern string capital="------ trade lots size ------";
.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.