Plorks_mmm_v0_2.mq4

 

Hey guys this is a EA that I got a coder to make for me.

It works by using MA cross to to place the trade.

Unlike other martingale EAs mine does not use a fixed multiplier to determine the next lot size or TPSL levels. Instead you manually input your desired lot size and TPSL progression so instead of having to increase the lot size with every single loss you can double up the TP or reduce the SL if you like.

You can read the full manual here;

Plorks_MMM

DEFAULT SETTINGS ARE NOT OPTIMIZED

I will get around to posting some tested .set files soon.

You can modify the EA to work with any indicators as long as it meets the following conditions...

-It only places one trade at a time

-It uses stop loss or take profit to close trades (no manual closing)

-Its at least 30% accurate with a 4:1 reward:risk ratio (not mandatory but its preferred)

I will be monitoring this thread to answer any questions you have.

plorks_mmm_v0_2.mq4

FORWARD TESTING

i just started

Files:
 

EURJPY M15 July 2010-July 2011

EA was set to mode1 with fixed tpsl of 240/40

eurjpy_m15.set

more .sets on the way!

Files:
 

EUR JPY M15 July/2010-July/2011

Dual mode with fixed TP and progressive SL

eurjpy_m15_dualmode_progressive_sl.set

Reason: