Trading Robots for MetaTrader 5

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MetaTrader 5

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BTC Moving Avarage Martingal

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Information

Experts
MetaTrader 5
Luis Ruben Rivera Galvez
1.10
5

Overview

Robust robot with several configurations available, 

Use with BTC on a 10-minute timeframe with the settings in the screenshot below.

When purchasing the expert robot, you have the right to request modifications to continue improving the bot.

This MetaTrader 5 (MT5) Expert Advisor (EA) script is designed to automate trading based on moving average crossovers, with additional features like Martingale, trailing stops, time management, and money/margin management. Below is a breakdown of the key components and functionality of the script:

Key Features

  1. Moving Average Crossover Strategy:

    • The EA uses two moving averages (fast and slow) to generate trading signals.

    • A crossover of the fast MA above the slow MA generates a buy signal, and a crossover below generates a sell signal.

    • The  reverseSignal  input allows reversing the signals if needed.

  2. Martingale System:

    • How It Works

      1. The EA monitors the fast and slow moving averages for crossovers.

      2. When a crossover occurs, it checks if trading is allowed based on time and day settings.

      3. If the price touches the fast MA (if enabled), it opens a trade in the direction of the crossover.

      4. The EA manages open positions by applying trailing stops or moving average trailing stops.

      5. If a trade results in a loss, the Martingale system increases the lot size for the next trade.

      6. The EA retries opening a trade if the initial attempt fails due to distance constraints.

      If a trade results in a loss, the lot size is increased by the  martingaleMultiplier .

    • The  maxMartingale  parameter limits the number of consecutive Martingale steps.

  3. Trailing Stop:

    • The EA can apply a trailing stop to lock in profits as the price moves in favor of the trade.

    • The trailing stop distance and step can be configured.

  4. Moving Average Trailing Stop:

    • A trailing stop based on a moving average can be applied after the trade reaches a certain profit threshold ( maTrailingStopActivation ).

  5. Time Management:

    • The EA can restrict trading to specific hours and days of the week using the  Time Manager Settings .

  6. Money and Margin Management:

    • The EA checks available margin and resets the Martingale sequence if there are insufficient funds.

    • Lot sizes are adjusted to comply with the broker's minimum and maximum lot size requirements.

  7. Price Touch MA:

    • The EA can wait for the price to touch the fast MA before opening a trade, ensuring confirmation of the signal.

  8. Stop Loss and Take Profit:

    • Stop loss and take profit levels are adjustable and validated to ensure they comply with broker requirements.

  9. Retry Mechanism:

    • If a trade is not opened due to distance constraints, the EA can retry opening the trade when the price moves a specified distance ( retryDistance ).

  10. Error Handling:

    • The script includes checks for valid lot sizes, margin requirements, and trading permissions.

Input Parameters

The script is highly customizable through input parameters, including:

  • Moving Average Settings: Fast and slow MA periods, method (SMA, EMA, etc.).

  • Trade Settings: Lot size, Martingale multiplier, stop loss, take profit, etc.

  • Time Manager Settings: Trading hours and days.

  • Trailing Stop Settings: Distance and step for trailing stops.

  • Money and Margin Management: Enable/disable margin checks and Martingale reset.

  • Price Touch MA Settings: Enable/disable price touch confirmation.


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