ATRx Martingale EA 4

ATRx Martingale EA 4

Symbol: EURUSD

ACCOUNT REQUIREMENTS:

• Minimum balance             =    $1000
• Minimum leverage            =     1:500
• Recommended balance     =    $10000
• Recommended leverage    =    1:500

POINTS:

1. Martingale Lot System (Good for compounding!)

2. Works in all markets.

3. Very Risky!

4. Hard Stop Loss (Using ATR!)

5. Hard Take Profit (Using ATR!)

6. 100% Automatic Trading.

7. Good for Big Capital Account.

8. Uses Trend indicator i.e. EMA.

INPUTS EXPLAINED:

1. Lot Size- Put trade volume in lots. (use lowest possible volume for your trading account)

2. Max Lot Size- Maximum Lot size of the symbol allowed by the broker for a single trade.

3. ATR Period- Period value of ATR indicator. (Default is 14)

4. ATR Multiplier for SL- This value X ATR value is equal to your Stop Loss. (Default is 2.0 i.e. Stop Loss is 2x ATR)

5. ATR Multiplier for TP- This value X ATR value is equal to your Take Profit. (Default is 4.0 i.e. Take Profit is 4x ATR)

6. Candle ID- EMA crossover and ATR value is based on this candle. (o means current candle(not closed), 1 means previous candle(closed) and so on!)

7. EMA Trend- Uses 200 period EMA as a trend confirmation.

8. EMA Fast- Fast/Small EMA period in crossover.

9. EMA Slow- Slow/Big EMA period in crossover.

  *Highly recommended to run it on a VPS for uninterrupted operations 24X5, go here!