BB Martingale EA MT4

BB Martingale EA MT4

Features:

1. 100% Automatic Trading

2. Martingale

3. Auto Stop (optional)

4. High Risk High Reward

5. Close Profit in Pips

6. Uses Trend Indicator

7. Win Rate above 50%

Recommended:

1. Pair/Symbol - EURUSD

2. Timeframe - H1 (1 hour)

3. Balance - 10000 USD or EUR

4. Leverage - 1:500

5. Account Type - Hedging

Inputs Explained:

1. Initial Lot - Lot size for the first trade EA will open based on the BB Strategy.

2. Lots Multiply by - Multiplier for Martingale lot size to add trades after the initial/first trade.

3. Max Lot - Maximum allowed lot size for the pair/symbol as per your broker.

4. Close Profit Pips - Take Profit in pips. This TP is combined for the trades i.e. when TP gets hit all the open trades will be closed automatically.

5. Slippage - price difference between requested trade's price by the EA and executed trade's price by the broker.

6. Auto Stop Out - If "true" EA will close all the trades when given % of loss is reached.

7. Stop Out Percentage - Percentage (%) of your trading account balance used as combined Stop Loss.

8. BB Distance - certain distance the price crosses the upper/lower band to open a initial/first trade.

9. Martingale Distance - distance from the initial/first trade at which next trade will be opened with martingale lot.

10. BB Period - the period value for Bollinger Bands indicator.

11. BB Deviations - the deviation value for Bollinger Bands indicator.

12. Title - here you can select "color" for the on chart EA's Name.

13. Subtitles - here you can select "color" for the on chart "Balance" and "Equity".

14. Values - here you can select "color" for the on chart values (the numbers for Balance and Equity)