About the Fractals Martingale Expert Advisor
The Fractals Martingale MetaTrader 4 Forex Robot is an automated trading system designed to execute trades based on fractal and Ichimoku indicators.
By identifying key price levels and trends, the EA aims to enter trades with high probability setups, enhancing trading precision and consistency.
This Expert Advisor operates by analyzing market conditions and applying a martingale strategy to manage positions.
It automatically places trades, adjusts lot sizes after losing trades, and manages stop-loss and take-profit levels to maximize potential profits while controlling risk.
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Download the “Fractals Martingale.mq4” MT4 robot
Key Features
Fractal and Ichimoku-Based Entries
The EA utilizes fractal and Ichimoku indicators to identify optimal entry points, aligning trades with potential market reversals and trends.
Martingale Strategy
In the event of a losing trade, the EA increases the lot size for the next trade, aiming to recover losses and achieve profitability.
Automated Trade Management
Automatically sets stop-loss and take-profit levels, and adjusts positions as the market moves to lock in profits or minimize losses.
Customizable Parameters
Users can adjust settings such as lot size, risk percentage, and indicator parameters to tailor the EA to their trading strategy.
Multi-Currency Support
The EA is compatible with various currency pairs, providing flexibility for traders to diversify their portfolios.
Strategy Tester Report
Find below the Fractals Martingale forex robot strategy tester report for the EUR/USD forex pair on the 4-Hour chart.
Key Performance
The performance chart above displays trade entries and exits aligned with fractal and Ichimoku levels.
The equity curve demonstrates steady growth, with minimal drawdowns, highlighting the effectiveness of the strategy.
Statistics:
Bars in test: 10200 ticks modelled
Initial deposit: $50000.00
Total net profit: $18371.52
Total trades: 929
Largest profit trade: $23838.72
Largest loss trade: -$5188.69
Consecutive wins: 2
Consecutive losses: 3
How the EA Works
- Analyzes market conditions using fractal and Ichimoku indicators.
- Places buy or sell orders when key levels are identified.
- Increases lot size after a losing trade to recover losses.
- Sets stop-loss and take-profit levels based on market analysis.
- Adjusts positions as the market moves to lock in profits or minimize losses.
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Download the “Fractals Martingale.ex4” Metatrader 4 robot
Parameters & Settings
- Lot Size: Set the volume of each trade.
- Risk Percentage: Define the percentage of account equity to risk per trade.
- Fractal Period: Adjust the period for the fractal indicator.
- Ichimoku Settings: Customize the parameters for the Ichimoku indicator.
- Multiplier: Set the multiplier for the martingale strategy.
- Stop-Loss: Define the maximum allowable loss per trade.
- Take-Profit: Set the profit target per trade.
Recommended Trading Setup
- Use major currency pairs like EUR/USD, GBP/USD, and USD/JPY.
- Apply the EA on H1 to H4 timeframes for optimal performance.
FAQ
Which currency pairs work best with this EA?
The EA performs optimally on major pairs like EUR/USD, GBP/USD, and USD/JPY, but it can also be used on minor pairs with proper testing.
Can I change the martingale multiplier?
Yes, the martingale multiplier is adjustable, allowing you to control risk and match your preferred trading strategy.
Is it suitable for all timeframes?
The EA can run on any timeframe, but H1 to H4 are recommended to balance trade frequency and accuracy.
How does the EA limit potential losses?
The EA uses a combination of stop-loss settings, fractal and Ichimoku analysis, and controlled martingale increments to manage risk and protect your account.
Summary
The Fractals Martingale MetaTrader 4 Forex Robot combines the power of fractal and Ichimoku analysis with automated trading and a martingale strategy to provide a reliable and efficient trading solution.
Regular monitoring and demo testing are recommended to optimize its performance and fully leverage its advanced algorithm.
