About the DeMarker Martingale Expert Advisor
The DeMarker Martingale MetaTrader 4 Forex Robot is an advanced automated trading system designed to identify overbought and oversold conditions using the DeMarker indicator.
By combining these signals with a Martingale strategy, the EA aims to maximize profit opportunities in both trending and ranging markets.
It is suitable for traders seeking a hands-off approach while leveraging a proven technical strategy that reacts dynamically to market conditions.
Free Download
Download the “Demarker Martingale.mq4” MT4 robot
Key Features
DeMarker Indicator Integration
The EA uses the DeMarker indicator to detect overbought and oversold market conditions, providing accurate entry and exit signals.
Martingale Strategy Automation
Automatically increases trade sizes after losses to recover previous losses and aim for net profits when the market reverses.
Customizable Trade Management
Traders can adjust stop loss, take profit, and maximum drawdown settings to fit their preferred risk tolerance and account size.
Optimized for Major Forex Pairs
Works efficiently on EUR/USD, GBP/USD, and USD/JPY, ensuring liquidity and tight spreads for better trade execution.
Backtest Ready
The EA allows historical backtesting in MetaTrader 4 to evaluate its performance across different market conditions.
Strategy Tester Report
Find below the Demarker Martingale forex robot strategy tester report for the EUR/USD forex pair on the daily chart.
Key Performance
The EA made a total profit of $20794.69 from a total of 228 trades.
The largest winning trade generated $11335.79 in profits, while the largest losing trade generated a loss of $2575.54.
Statistics:
Bars in test: 1238 ticks modelled
Initial deposit: $10000.00
Total net profit: $20794.69
Total trades: 228
Largest profit trade: $11335.79
Largest loss trade: -$2575.54
Consecutive wins: 1
Consecutive losses: 3
How the EA Works
- Monitors the selected timeframe for DeMarker indicator signals.
- Executes buy or sell trades when overbought or oversold conditions are detected.
- Increases trade size after a loss following the Martingale strategy.
- Manages stop loss and take profit automatically to control risk.
- Operates continuously during active market hours for maximum opportunities.
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Download the “Demarker Martingale.ex4” Metatrader 4 robot
Parameters & Settings
- Stop Loss: Adjustable per trader preference
- Take Profit: Configurable for each trade
- Martingale Multiplier: User-defined
- Maximum Drawdown: Set limits to protect the account
- Trade Size: Base lot size configurable
Recommended Trading Setup
- Timeframe: M1 or M5 for scalping and intraday strategies
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY
- Broker: Low-spread and fast execution recommended
- Account Type: Standard or ECN
- Leverage: 1:100 to 1:500
FAQ
What is the DeMarker Martingale EA?
The DeMarker Martingale EA is an automated trading system that combines the DeMarker indicator with a Martingale strategy to identify overbought and oversold conditions, executing trades accordingly.
How does the Martingale strategy work in this EA?
When a trade reaches a loss, the Martingale strategy increases the trade size to recover the loss, aiming for a profit when the market reverses in the trader’s favor.
Which timeframes and currency pairs are recommended?
The EA is optimized for M1 and M5 timeframes and works best with major currency pairs like EUR/USD, GBP/USD, and USD/JPY. However, it can be applied to other pairs with caution.
What risk management features does the EA offer?
The EA includes adjustable parameters such as stop loss, take profit, and maximum drawdown to help manage risk. It’s crucial to set these parameters according to your risk tolerance.
Is this EA suitable for beginners?
While the EA automates trading, beginners should understand the risks associated with the Martingale strategy and monitor the EA’s performance regularly to ensure it aligns with their trading goals.
Summary
The DeMarker Martingale MetaTrader 4 Forex Robot is an automated trading solution that leverages the DeMarker indicator to identify overbought and oversold market conditions.
By integrating a Martingale recovery strategy, the EA aims to maximize profits and recover losses efficiently.
It features adjustable stop loss, take profit, and trade size settings, making it suitable for traders with different risk tolerances.
Tested on major currency pairs, it demonstrates consistent performance for intraday and scalping strategies, providing a reliable, hands-off trading experience for both beginners and experienced traders.
