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martingale ea
Info
The martingale ea is a Expert Advisor for MetaTrader 4 that a very simple ea that makes anywhere from 8% to 69% profit. randomly.
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 martingale ea
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
a very simple ea that makes anywhere from 8% to 69% profit.
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.
a very simple ea that makes anywhere from 8% to 69% profit. randomly. please remove the first line from code page , named #property strict or replace the 0 with a null and then it should compile without warnings. the lot sizes , max orders and take profit were modified in the wrong way by the validation process. those need to be readjusted. envelopesea 0.01 has the highest profit of over 100% on 4hrs eur/usd with a lot size of 3.6.
Also recommended: VR Overturn: Martingale and Anti-Martingale Expert Advisor - similar expert with strong performance on MetaTrader 4.
You may also like: kn u x martingale - excellent alternative for expert users on MetaTrader 4.
Source Code
#property strict //thise settings work on eurusd with a 50,000 dollars account
static bool buyisactive = false;
static bool sellisactive = false;
extern double lots = 0.2;
void ontick()
{
string signal = getsignal();
static double price = bid;
comment(" orders: ", orderstotal() ," ", " balance: ", accountbalance(), " ", " equity: ", accountequity(), " " , " signal: " ,signal," ");
if (orderstotal() == 0 && signal == "s"){int s0 = ordersend(_symbol,op_sell,lots,bid,0,0,0,null,0,clrindigo);sellisactive = true; price = bid;}.......
⚠ 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.