Hi all members
I used the EABuilder to code this BO EA which should produce very good results if the Pips Away From EMA is set correctly for each currency pairs (you have to find out the optimise pips). I only recommend using M1 chart with 1 minute expiry.
The concept of this EA is based on the facts that all prices are swinging up and down from the moving average and mostly are not far from certain pips away, especially for M1 chart. The EA will enter a reverse Call (Buy) or Put (Sell) with a 1 minute expiry when the price is X pips away from the EMA. If the first entry fail, EA will immediately enter another same direction Call or Put with the MartingaleMultiplying factor. You can set as many times of martingale as possible but I recommend don't use more than 3.
Now my request for help to modify this EA, currently the EA only trigger the next martingale based on the NEXT signal of X pips away from EMA, but it'll be better to have the martingale continue on the next candle when the current trade lost. Can anyone help to modify this? Any help will be very much appreciated.