I need someone to code a very simple EA for me (for free)

Sep 27, 2016 at 13:52
623 Views
6 Replies
Member Since May 28, 2015   24 posts
Sep 27, 2016 at 13:52
Hello,

I need someone to code a very simple EA for me, for free would be preferred, you can use EA as well.

Thanks,
Simon
Member Since Jan 22, 2014   18 posts
Oct 03, 2016 at 08:26
Go ahead
Member Since May 28, 2015   24 posts
Oct 03, 2016 at 11:53
It is very very simple EA, and if it is survivable, use it as well.

It is a test I want to do to see how it performs. It is special martingale that follows a zig-zag channel.

Here are rules:

1) Open buy at current price and current time 0.01 lot, 10 pips TP, 20 pips SL. If TP, then new buy with same rules. If loss, then step 2.

2) Sell 0.03 lot, TP 10 pips, SL 10 pips. If profit, sell 0.01 again (step 1), if loss, step 3

3) Buy 0.06 lot, TP 10 pips, SL 20 pips. If profit, buy 0.01 again (step 1), if loss, step 4

4) Sell 0.18 lot, TP 10 pips, SL 10 pips. If profit, sell 0.01 again (step 1), if loss, step 5

5) Buy 0.36 lot, TP 10 pips, SL 20 pips. If profit, buy 0.01 again (step 1), if loss, step 6

6) Sell 1.08 lot, TP 10 pips, SL 10 pips. If profit, sell 0.01 again (step 1), if loss, step 7

7) Buy 2.16 lot, TP 10 pips, SL 20 pips. If profit, buy 0.01 again (step 1), if loss, step 8

8) Sell 6.48 lot, TP 10 pips, SL 10 pips. If profit, sell 0.01 again (step 1), if loss, end of sequence, step 1 again

9) Buy 12.96 lot. TP 10 pips, SL 20 pips. If profit, buy 0.01 again (step 1), if loss, end of sequence, step 1 again.

Every time it profits, martingale sequence is over and it starts again with 0.01 lot in the same direction of last profit (that is to take profits in trending market)

SL and TP values should modifiable. Like 5 pips or 20 pips or anything else.

There should also be a percentage automatic lot increase. So, every-time the sequence is over (so every time 1st or any other sequence profits, next lot is increased according to the account balance at that time - During sequence, lot size should stay fixed to the first losing trade so it scales up appropriately and always ends in +1 of profit.

Thanks
Member Since Mar 26, 2014   1 posts
Oct 05, 2016 at 06:56
I already made that EA a long time ago. Use it if you wanna Burn your account.
Member Since May 28, 2015   24 posts
Oct 05, 2016 at 11:14
If you have it, please send it to me. I want to test it under various settings. Thanks.
Member Since Jan 22, 2014   18 posts
Oct 05, 2016 at 12:48
I can recommend searh Google for:

'Why martingale can't works on Forex'
Member Since May 28, 2015   24 posts
Oct 05, 2016 at 13:28
I get it, but zig-zag channel provides an edge over flat range. I want to see if there are settings that will make it survive in the long run. Thanks. Just send me EA and I will take a look. Thanks
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.