Improved Martingale. The Expert Advisor will open trades based on 3-period Stochastic (time interval can be set).

Market entry conditions:

Buy trade:

Stochastic_3” Indicator is in oversold area, and a signal line is red. The Expert Advisor will open a trade, when the indicator’s line exits the lower area and becomes yellow again.

Note: If one or several Buy trades are opened, and a Sell signal occurs, then the Expert Advisor will open a Sell trade without closing Buy trade(s). Lot size of the first trade opened in the opposite direction will be the same as specified in “Risk %” setting.

Sell trade:

Stochastic_3” Indicator is in overbought area, and the signal line is green. The Expert Advisor will open a trade, when the indicator’s line exits the upper area and becomes yellow again.

Note: If one or several Sell trades are opened, and a Buy signal occurs, then the Expert Advisor will open a Buy trade without closing Sell trade(s). Lot size of the first trade opened in the opposite direction will be the same as specified in the “Risk %” setting.

Variable values of the Expert Advisor’s settings:

Step” – distance set in points to the open price of a subsequent trade opened against the trend (if 0 is set, then the Expert Advisor will open a subsequent trade, when signals to enter occur)

Exp.lot” – a coefficient, by which the lot size is multiplied for each subsequent trade

lot” – fixed lot is enabled

Money_management” – if lot =0, then the Expert Advisor will open a trade in accordance with a variable value set in the “Risk %” setting

Risk %” – lot size of the first entry as a percentage value of the deposit (from 1% to 90%)

Profit” – distance to a take-profit level set in points. If several trades are opened against the trend, then the take-profit level of all orders will be set from a break-even level that is common for all orders of the series. If there are several trades opened simultaneously in both directions and for one currency pair, then the take-profit level will be set for each individual direction of the trades.

Profit %” – the Expert Advisor will close all trades opened in either direction, when the predetermined percentage of profit or loss on the deposit is hit.

The Expert Advisor trades properly with 4- and 5-digit brokers.

Setting options:

Step                = 0 ; //это если советник открыл одну сделку, а след. сделки добавляем не по сигналам входа,
                          //а через определенное кол-во пунктов.
                         //(если значение 0, то советник будет открывать след.сделку после того как поступят сигналы на открытие)
ProfitPercent       = 200; //советник закроет все сделки по достижению заданного % прибыли от депозита.
LossPercent         = 10 ; //советник закроет убыточные сделки в одну из сторон по достижению заданного % убытка от депозита.
takeprofit           = 45 ; //количество пунктов до тейк-профита
                           //(если 0, то советник закроет сделку когда поступит сигнал на открытие сделки в обратную сторону).
                           //Если открыто против тренда несколько сделок то уровень тейк профита выставляется от общего безубытка.
                           //Если имеется несколько сделок одновременно в две стороны на одной валютной паре,
                           //уровень take profit устанавливается для каждого из направлений сделок отдельно.
stoploss             = 0 ; //уровень StopLos в п. если = 0, SL не выставляется
Magic               = 777;
Exp.lot             = 1.60;//коэффициент увеличения лота при каждой новой сделке.
Delta               = 14; //расстояние в пунктах до открытия против тренда след.сделки
Slippage             = 3;   //Проскальзывание
N_line_stoxastic     = 3;   //0-3 3-средняя 3х линий
LOT                 = 0.01;//если значение=0 LOT плавающий: определяется как (risk % * Максимально возможное кол-во лотов)
risk                 = 0.5; //процент первого входа от депозита (от 0% до 90%)
trailing             = 0 ; //трейлинг если 0 - нет трейлинга
максимум_ордер       = 5 ;
безубыточность       = 0 ; //при достижении (п) безубыточности устанавливается SL на цену открытия ордера
color   WhiteColor   = Silver;                 //цвет вывода информации
DrawOrdersAndStop   = false;                   //визуализация

Visualization:

The Expert Advisor will draw lines of orders, when it opens or closes them, on chart (just like in Visualization mode, while testing in a Strategy Tester) so that you can clearly see all the trades made by the Expert Advisor.

The Expert Advisor will work on the timeframe, on which it is running at the time.

Its package contains “Stoxastic3” Indicator.

Here is an example how the “MartinScalp” Expert Advisor trades:

martin

Strategy Tester Reports:

2011

MartinScalp 2

MartinScalp кт1

To get a ready-made Expert Advisor or Indicator, you need to pay its cost by one of the methods specified on the Payment web-page and send an e-mail at cmillion@narod.ru, which should contain the name of Expert Advisor or Indicator and a payment option. After doing that, your order will be immediately sent to you.

Price – 150$

Buy

========================================