Description
Smartingale EA_ex4: Martingale Strategy Combined with CCI Indicator for Automated Trading.
📈 What is Smartingale EA?
Thank you for reading this post, don't forget to subscribe!The Smartingale EA is an Expert Advisor (EA) developed using the Fxdreema tool and compiled into an EX4 file for use on the MetaTrader 4 platform. This EA utilizes a Standard Martingale system combined with analysis from the CCI (Commodity Channel Index) indicator to detect market reversal signals and open orders at predefined intervals. Additionally, it features an automatic lot doubling system for enhanced trading strategies.
🔍 EA Structure
The structure of Smartingale EA consists of the following key components:
- Area 1: Uses the CCI indicator to find reversal points and set Buy Now / Sell Now conditions
- Area 2: Implements For Each Trade conditions and sets Pips Away from Open-Price for opening repeated orders
- Area 3: Monitors unrealized profits using Check Profit Unrealized for Percent Profit All order closure
- Area 4: Manages order closures using Custom MQL Code to meet specific conditions
🌟 Key Features of Smartingale EA
- Standard Martingale System: Increases profit opportunities when prices reverse
- Automatic Lot Calculation (Autolot): Helps manage capital efficiently
- Full Input Customization: Allows flexibility in settings to match user strategies
- Smart Cutloss System: Minimizes risk when market trends are unfavorable
💼 Technical Information
- Recommended Initial Capital: $1000 USD per 0.01 lot (Standard)
- Lot Size Type: Autolot automatically adjusts lot size based on capital
- Trade Closing System: Percent Profit All, Cutloss
- Trading Symbol: EURUSD
- Timeframes: 1 Hour
⚠️ Warnings and Precautions
- Users are fully responsible for trading risks
- Perform Backtesting with Tick Data 99.9% before live trading
- It is recommended to start with a Demo Account before using a Real Account
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👉 Download the MQL File Now: MQLRobot.com
Smartingale EA, Automated Trading, MQL4, Expert Advisor (EA), Martingale System, CCI Indicator, Autolot System, Percent Profit All, EURUSD, Forex Trading
