Advanced Easy Martingale EA MT4 – Download Free Educational Version

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Advanced Easy Martingale EA Review

In the dynamic world of Forex trading, mastering the art of risk management and strategy implementation is crucial for success. The Advanced Easy Martingale EA is a revolutionary tool designed for traders who seek to maximize profits with minimal investment. In this comprehensive guide, we will delve into the product details, developer insights, pair and timeframe preferences, EA settings, and a thorough backtest analysis.

Product Overview: Advanced Easy Martingale EA

The Advanced Easy Martingale EA is designed for traders with a small initial balance, starting as low as $1000. With a unique strategy, it promises to multiply your investment in a matter of weeks, making regular withdrawals a key component of its success.

Advanced Easy Martingale EA MT4 - Download Free Educational Version 2

Version: 1.0

Terminal: MT4
Year of issue: 2023
Working pairs: GBPUSD
Recommended timeframe: M30
Minimum Deposit: $1000 USD

Best Brokers List

Advanced Easy Martingale EA works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:

BROKER NAMEREGISTERYear Founded Headquartered LeverageMinimum Deposit Regulating
Advanced Easy Martingale EA MT4 - Download Free Educational Version 3Register2007
🇦🇺 Australia
🇨🇾 Cyprus
🇧🇸 The Bahamas
🇸🇿 Seychelles
1:1000$200ASIC, SCB, FSA
Advanced Easy Martingale EA MT4 - Download Free Educational Version 4Register2008
🇨🇾 Cyprus
1:Unlimited$10CySEC, FCA, FSCA, FSA, BVI
Advanced Easy Martingale EA MT4 - Download Free Educational Version 5Register2009
🇧🇿 Belize
1:2000$10FSC
Advanced Easy Martingale EA MT4 - Download Free Educational Version 6Register2009
🇧🇿 Belize
1:3000$1IFCS
Advanced Easy Martingale EA MT4 - Download Free Educational Version 7Register2009
🇨🇾 Cyprus
🇦🇺 Australia
🇧🇿 Belize
🇦🇪 Emirates
1:1000$5 ASIC, CySEC , IFSC
Advanced Easy Martingale EA MT4 - Download Free Educational Version 8Register2010
🇦🇺 Australia
1:500$200FCA , ASIC, DFSA
Advanced Easy Martingale EA MT4 - Download Free Educational Version 9Register2011
🇬🇧 England
1:500$25CySEC
Advanced Easy Martingale EA MT4 - Download Free Educational Version 10Register2006
🇪🇭 Ireland
1:400 $100CBI, CSEC, PFSA, ASIC, BVIFSC, FFAJ, SAFSCA,ADGM, ISA
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Advanced Easy Martingale EA Settings

Advanced Easy Martingale EA MT4 - Download Free Educational Version 11

The success of any EA lies in its settings. Here are the key parameters for the Advanced Easy Martingale EA:

Developer's Perspective

The developer, a self-proclaimed Grid and Hedging Lover, candidly shares their journey. Acknowledging a previous failure, the developer emphasizes continuous improvement. After identifying a mistake in the initial programming, they have added extra logic and are currently running the EA on a Virtual Private Server (VPS) for forward testing. Two additional programming ideas are in the pipeline, demonstrating a commitment to innovation.

Pair and Timeframe Preferences

To maximize the potential of the Advanced Easy Martingale EA, the developer recommends focusing on the GBPUSD pair with a timeframe of M30. This strategic choice is based on extensive testing and aims to leverage market dynamics effectively.

Backtest Results

Symbol and Period

  • Symbol: GBPUSD
  • Period: 30 Minutes (M30) - January 2, 2023, to November 10, 2023 (Backtest Period: January 1, 2023, to November 13, 2023)

Performance Metrics

  • Bars in Test: 10852
  • Ticks Modelled: 15,673,817
  • Modelling Quality: 70.54%
  • Mismatched Charts Errors: 46
  • Initial Deposit: $500.00
  • Total Net Profit: $1,185.12
  • Spread: 5 pips
  • Profit Factor: 1.64
  • Drawdown Metrics:
    • Absolute Drawdown: $29.02
    • Maximal Drawdown: $381.78 (32.32%)
    • Relative Drawdown: 35.53% (297.45%)
  • Trade Statistics:
    • Total Trades: 2620
    • Short Positions (won %): 72.58%
    • Long Positions (won %): 74.00%
    • Profit Trades (% of total): 73.28%
    • Loss Trades (% of total): 26.72%
  • Trade Profits and Losses:
    • Largest Profit Trade: $51.48
    • Largest Loss Trade: -$17.93
    • Average Profit Trade: $1.58
    • Average Loss Trade: -$2.65
  • Consecutive Performance:
    • Maximum Consecutive Wins (Profit in Money): 33 (21.94)
    • Maximum Consecutive Losses (Loss in Money): 15 (-$127.22)
    • Maximal Consecutive Profit (Count of Wins): $131.22 (6)
    • Maximal Consecutive Loss (Count of Losses): -$127.22 (15)
    • Average Consecutive Wins: 6
    • Average Consecutive Losses: 2
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Advanced Easy Martingale EA MT4 - Download Free Educational Version 12

Conclusion

The Advanced Easy Martingale EA presents an exciting opportunity for Forex traders seeking a dynamic, low-capital strategy. With insights from the developer's journey, strategic pair and timeframe preferences, and a comprehensive backtest analysis, this guide equips you to make informed decisions. Embrace the power of grid and hedging strategies, and let the Advanced Easy Martingale EA be your key to unlocking Forex trading success. Remember, adaptability and continuous improvement are the hallmarks of a resilient trader. Happy trading!

Download Advanced Easy Martingale EA

Please try for at least a week an XM demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.

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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.