Hi Forex Wiki Friends,

EA Update Martingale V1.7 Description :

EA works using a series of indicators, mainly the RSI. This is an EA that uses martingale, so use with caution. But Ubat gives you the ability to change the multiplier parameter, which allows it to decrease the martingale level. Thus, you determine the risk level you want.

Unlike most of the other martingale, EA’s This doesn’t place random entries, rather it is riding on market movement RSI > 50. If the market moved the opposite direction after the first entry, the next entry is compounded by the multiplier.

Please test in a demo account first for at least a week. Also, Make yourself familiar and understand how  EA works, then only use it in a real account.

Recommendations

• Best on M15 Timeframe
• Recommended to use on EURUSD, USDJPY, GBPUSD, and EURJPY (Work best on EURUSD)
• Minimum of $200 cent Account for each pair

• StartingLots
  It is the lot size entered for the first layer
• TakeProfit
  The EA will modify its TP point to BreakEven point + (TP input) everytime it enter a trade
• Layer_Multiplier
  The value of the multiplier. The EA will Multiply the lot for the next layer based on this input.
• AutoCompound
  If the input is True, the EA will recognize its StartingLot based on your equity per 10,000.
  Lot = StartingLot x Equity/10000
• MaxTrades
  The max layer limit.
• Identifier
  It is a Magic Number.

EA Update Martingale V1.7 Results:

Download EA Update Martingale :

[+ForexWikiTrading.com]Budak Ubat V1.70