Log in or register to download unlimited Forex robots!
How to download Forex robots?
Go to any MT4talk forum pots where Forex robots are attached and click the file download link.
► Download over 5,000 Forex robots from over 17,000+ forum posts (Back-tested on REAL Forex accounts)!
► Download over 3,000 Forex indicators from over 6,000+ forum posts!
► Download other Forex robots that are tested on FXOpen REAL Forex accounts!
With the new Forex robot, the MT4talk EA v11.1, the MT4talk team always winning in Forex trading!
NEW! Join the MT4talk Private Forex Trading Club WhatsApp Group to always get the latest EA file and settings that the MT4talk team trading with.
Martin Grid Vers 1.06
I had somebody write this EA. Very interesting concept. Momentum to the winning side with Multiplier. Martingail to the losing side with option to set grid and increase lots. Wanted very aggressive EA. Very consistent with low risk.
i wish to have a your EA because i try b4 a EA like this is make money for me but i am still new cannot download it
Attached is settings and back test I used, but EA must be optimised more. I do not know if MT4 allows me to mail you EA.
settings used.docx 221.08 kb, 41 downloads since 2017-11-01
Hi
Does it have news filter feature or a way to stop it from blowing up the trading account? Martingale during news is super risky
You must understand that Martingail are only used for the losing trade. This EA trades in 2 directions. The 1 side (winning side) have an automatic multiplier with a trailing stop. This means your trade will increase to the winning side. You can have different settings for both sides. THe problem you get with Martingail is when you become greedy and wants to make to much profit and makes the grid very small. The Martingail must just be used to get out of the losing trade whereby the winning trade banks profits.With news you actually want the winning side to run fast as this can multiply your lots and bank profits..
The trick is to get the right balance between the 2. If your winning side banked profits and moved far out of range and retraces you can have 2 Martingale trades. This traps your price point untill 1 martingail closes and creates another winning trade.
Will try and test it even though am not fan of Martingales, but at least you seem to have a good understanding of them.
In the wrong hands they will cause lots of pain and tears
AnthonyT wrote:
Will try and test it even though am not fan of Martingales, but at least you seem to have a good understanding of them.
In the wrong hands they will cause lots of pain and tears
I agree with your statement. An open ended Martingail is dangerous. This losing trade is one. But say you set the risk low. I traded an account up from 3000$ to 6000$ in one month. Traded it from 6000 up to 15000$ in month two just to lose 12000$ two weeks later, Guess why. Last years Jacksonville Symposium(USA interest rates). The fed first talked the interest rates off and then on. It was a 700 to 1000 pip move. My risk was just set on 300 pips. I could have hedged it, but that day my electricity went out and my wife had my car. That is why I redesigned the ea with a momentum side. Let The MG be there for the losing trade and let the Momentum be for the winning side. There is so many different variations that optimization take extremely long. I am also working on a inside out MG Grid ea.Where the risk is extremely low So I sort of left this one behind for later. I dont really care about the profits. I am in a bet, that I will not be able to double an account 5 times in one year. I took the challenge, i have 3 years to do it. This EA with the right settings should easily give you 10% per month. My target is 30% minimum with risk of below 15%. Per currency Pair.
I'm interested in the one in development. It sounds great. How far off are you from finishing it up? Also what minimum balance would you recommend for the one above?
I tried running the ea on strategy tester and it says "your account is real and real trading is not allowed". What is up with that?
Settings : Blocking Exit:true Means the EA will stop after it took profit
Lot Start: Self Explanatory
Close Both Sides : Exit strategy
Total profit: It will close if EA reaches a $ amount
Grid losing Trades you have to set multiplier, Grid and TP
Momentum
Multiplier will increase your lots.
Just note that SL % works like this. If the Momentum distance is 30 pips and your SL % is 80% it will immediately bring a stop loss 80% of the 30 pips. Which is at 24 pips.
Do not use the Losing trades as agressive as in the settings
And Never use MG with JPY pairs or CHF pairs or any pairs that is risky like when GBP was leaving the Euro. And Gold can also run
Marting+grid_v_1.06_EA 1.ex4 37.37 kb, 13 downloads since 2017-11-19
- Total number of registered users: 77,648
- Registered users today: 8
- Newest registered user: Sospeter
- Total number of topics: 11,780
- Total number of posts: 38,466
Online users: 2,322 guests, 64 Members:
Abdullah Alramzi, admin, Alisa, amin1761, Asbu, asgg, azfxtrade, Baagia Kusuma Suryadi, brunox, Ccg, charlyxz, Danny2108#, Davo6789, Dd008, ddeliberato, Didoina, Donovan Sissing, efrainfunes, ela, emmie789, fastlane2021, ForexPulse, Gal Gadong, hafnium, Hens Anto, hgmt4, hhh45, Ibrahim Torres, justinayu, kibewilly, kjrajchennai, Lars Dalgren, lrt325, Luisbia, magon, maniinece, masterpieces86, Mendocino, mifa, nasael, neagoelaur, nijiati14, nishanthskm, Okechukwu2, Osama Hosny, Peters Hub, Raja Rabbani Janjua, Reno, Rosecharity40, RudyX76, samiroum, Sanimelih, santosoj87, sasastephe, Sniperxss, sonel, ssehrat, ThreeLions, tonyjul, tskabilan, woodya22, Xperya, Zaid Bin Zaid, Zoltan0013
The content on the MT4talk website is created by its users (MT4talk forum members). MT4talk does not sell Forex robots and does not offer support for them. MT4talk only offer PRO membership which allows for unlimited downloads of content from any forum topic or post. The updates for Forex robots may be limited or not happen at all, depending on who created the robot.
We are testing Forex robots in real-life conditions! We use a demo account to test some of the robots and the results are still accurate. We are not financial advisors and cannot advise you to invest your money. Our aim is to find good market analysis solutions using different strategies that can benefit our community.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members or the MT4talk EA Tester Team about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.
Affiliates Disclaimer - The website may have links to partner websites, and if you sign up and trade through these links, we will receive a commission. Our affiliate partners are FXOpen, FBS, LQDFX, and MyForexVPS.
Copyright MT4talk.com Forum Rules - Privacy Policy.