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the free version of the expert adviser may be downloaded  for testing before you decide to buy/lease. it is limited to AUDNZD.

This cost averaging Expert advisor (EA) places additional trades in precisely the same direction as the original (manually opened) order when the price goes against you. It can be used as a grid system or as pure martingale system (exponential raising of size) or smoothed martingale (such as linear increasing of the lot size). due to the danger involved, this EA is more acceptable for intermediate to advanced dealers who are well conscious of how to handle risk management and trading an already profitable strategy or EA.

The EA can manage any manual trade or trade done by another Expert Advisor for the symbol on which this EA has been loaded.

Features

  • Many options to select from when an averaging down (grid) order should be opened.
  • Possibility to open a lock (hedge) order for fixation of the floating loss.
  • Information about the actual status of the order basket is showed in the upper left corner of the chart.

The EA supports ECN accounts and complies with NFA FIFO regulations. The EA can be used with a US broker account only when Lock (hedge) order is disabled.

It is recommended to test this EA on a demo account for a week to get a clear picture of how it behaves with different settings.

Input parameters

Read More...

the free version of the expert adviser may be downloaded  for testing before you decide to buy/lease. it is limited to AUDNZD.

the free version of the expert adviser may be downloaded  for testing before you decide to buy/lease. it is limited to AUDNZD.

This cost averaging Expert advisor (EA) places additional trades in precisely the same direction as the original (manually opened) order when the price goes against you. It can be used as a grid system or as pure martingale system (exponential raising of size) or smoothed martingale (such as linear increasing of the lot size). due to the danger involved, this EA is more acceptable for intermediate to advanced dealers who are well conscious of how to handle risk management and trading an already profitable strategy or EA.

The EA can manage any manual trade or trade done by another Expert Advisor for the symbol on which this EA has been loaded.

  • Many options to select from when an averaging down (grid) order should be opened.
  • Possibility to open a lock (hedge) order for fixation of the floating loss.
  • Information about the actual status of the order basket is showed in the upper left corner of the chart.

The EA supports ECN accounts and complies with NFA FIFO regulations. The EA can be used with a US broker account only when Lock (hedge) order is disabled.

It is recommended to test this EA on a demo account for a week to get a clear picture of how it behaves with different settings.

It is recommended to test this EA on a demo account for a week to get a clear picture of how it behaves with different settings.

Input parameters

Please find the description and explanation of the input parameters here.

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Published

17 December 2018

Updated

21 February 2020

Current Version

1.8

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