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Very simple martingale EA requested for MT5

RichKing (simon1825)
Sep 25 2016 at 07:00
24 posts
Hello all programmers,

I have a simple request for anyone willing to do it for me.

I need a martingale EA that will enter a position either buy or sell on M1 chart with 10 pips SL and 30 pips profit. After loss, it will open next position in opposite direction at the same price with 1.4 multiplier, with same SL and TP rules and so on.

Starting lot is 0.10, step is 0.01, so it can enter 0.14 next trade respectively and 2.00 the next one and 2.80 the next one and so on.

It can be very useful on cent account with at least 100$ deposit, preferably 1000$.

There should be no stop-out. Only 0 balance. Therefore, the sequence should be set to infinite, or very big number.

If anyone is willing to code this simple EA for MT5, I would much appreciate it. MT5 for the reason of having an ECN account and much smaller spread. On my broker, I have a spread of less than 1 pip on major currency pairs on ECN account.

Thanks a lot,
Simon Rich
Ivan (StoneHeart)
Sep 25 2016 at 20:03
131 posts
It is waste of time , and money.
Small GAIN, big WIN
InvestmentCastle (investmentcastle)
Jan 07 at 16:43
1 posts
simon1825 posted:
Hello all programmers,

I have a simple request for anyone willing to do it for me.

I need a martingale EA that will enter a position either buy or sell on M1 chart with 10 pips SL and 30 pips profit. After loss, it will open next position in opposite direction at the same price with 1.4 multiplier, with same SL and TP rules and so on.

Starting lot is 0.10, step is 0.01, so it can enter 0.14 next trade respectively and 2.00 the next one and 2.80 the next one and so on.

It can be very useful on cent account with at least 100$ deposit, preferably 1000$.

There should be no stop-out. Only 0 balance. Therefore, the sequence should be set to infinite, or very big number.

If anyone is willing to code this simple EA for MT5, I would much appreciate it. MT5 for the reason of having an ECN account and much smaller spread. On my broker, I have a spread of less than 1 pip on major currency pairs on ECN account.

Thanks a lot,
Simon Rich

Investmentcastle singles EA does that but no martingale. Investmnet castle EA does that and it had opposite orders
croisssan
Jan 07 at 20:13
939 posts
So what is the superiority over others?
skihav
Jan 08 at 16:46
801 posts
And what is better than the rest?
croisssan
Jan 09 at 09:12
939 posts
Why do you say that it is very simple?
Gavirus
Jan 21 at 20:18
16 posts
I wonder, why do you need a robot to gamble in forex? Martingale strategy is just like a strategy of a gambler who pretends to be a mathematician, but he actually has problems with black jack.
Falgonex (falgonex)
Jan 22 at 08:44
3 posts
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