Powerful martingale generators

Powerful martingale generators is an EA that can generate martingale algorithms.

Trading with the martingale method has the weakness of having a large unrealized loss in a trending market with no rebound.

The timing when the market moves in one direction is especially common around the release of economic indicators, and it is not uncommon for rapid market fluctuations to cause forced loss cutting.

In order to overcome these weaknesses, we have implemented a function that limits trading before and after the release of economic indicators.

Under the trading restrictions, the trader will not open any new positions, but will only lock in profits. This reduces the drawdown and takes the strategy to target profits.

The default settings are optimized to expect large profits on EURUSD.

We recommend a margin of $5000 for the default settings.

It is easy to lower the margin required by changing the parameters.

To use the economic indicator data, please visit

You need to allow the following URL communication

http://192.109.119.100

---------Input Parameter ---------

Parameters for restricting transactions

EVENT_Number_of_non_agricultural_sector_hires_hours_ago

EVENT_Number_of_non_agricultural_sector_hires_hours_later

EVENT_GDP_hours_ago

EVENT_GDP_hours_later

EVENT_Retail_Sales_hours_ago

EVENT_Retail_Sales_hours_later

EVENT_industrial_production_hours_ago

EVENT_industrial_production_hours_later

EVENT_ISM_business_sentiment_index_hours_ago

EVENT_ISM_business_sentiment_Index_hours_later

 EVENT_MBA_Mortgage_Application_Index_hours_ago

EVENT_MBA_Mortgage_Application_Index_hours_later

 EVENT_Highlights_of_the_FOMC_meeting_hours_ago

EVENT_Highlights_of_the_FOMC_meeting_hours_later

EVENT_Chair_of_the_Federal_Reserve_hours_ago

EVENT_Chair_of_the_Federal_Reserve_hours_later

Control parameter

lots_coefficient lot multiplier

magic_number  magic_number

slippage  slippage

profit_width Takeprofit

average_width Distance with additional orders

sec_threshold Threshold for the number of lots

secondary_profit_width profit_width When the lot number threshold is exceeded or when the lot is under trading restrictions

secondary_average_width  average_width When the lot number threshold is exceeded or when the lot is under trading restrictions

flash_stop_min Once a position is opened, no new positions are opened for the specified time (unit: minutes).

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The basic lot can be changed by editing the following file.

run time: MQL4\Files\lots.csv

During backtesting:tester\files

The file will be created automatically by EA.