Pure Martingale Metatrader 4 Forex Robot

The Pure Martingale Metatrader 4 Forex robot is an automated trading software that uses a martingale strategy with random buy/sell entry.

Nevertheless, the entry can be reprogrammed to suit your preference and further enhance trading results.

In a bid to withstand consecutive losses, the expert advisor increases the subsequent trading lot size as well as the take profit distance.

Although not a holy grail, the Pure Martingale EA is highly profitable.

You can also customize the input parameters on any symbol and time frame.

Free Download

Download the “Pure_Martingale.mq4” MT4 robot

Strategy Tester Report

Find below the Pure Martingale robot strategy tester report for the EUR/USD forex pair on the 15-Minute chart.

Overall Performance

The EA made a total profit of $6252.53 from a total of 262 trades. The largest winning trade generated $34.50 in profits, while the largest losing trade generated a loss of-$536.00.

Statistics:

Bars in test: 4754 ticks modelled

Initial deposit: $10000.00

Total net profit: $6252.53

Total trades: 262

Largest profit trade: $34.50

Largest loss trade: -$536.00

Consecutive wins: 261

Consecutive losses: 1

Download

Download the “Pure_Martingale.ex4” Metatrader 4 robot

MT4 Forex Robot Characteristics

Currency pairs: Any

Platform: Metatrader 4

Type: Expert advisor

Input Parameters: sl_tp, lotsMultiplier, Lots, MaxSlippage, MagicNumber, separator2, useTradingHours, Start Time, Stop Time, GMT_Offset, Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday, ShowMenu, menuColor, variablesColor, font

Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

Type: Martingale

Installation

Copy and paste the Pure_Martingale.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

You can access this folder from the top menu as follows:

File > Open Data Folder > MQL4 > Experts (paste here)

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