In Progress

Simple EA Logic with martingale

I require a freelancer experienced in meta-trader EA coding to complete this project.

You will provide the complete EA and source code.


*The EA must work with 5 digit brokers and mini-lots.

* Trades on the time-frame & currency pair it's attached to.

* Can trade multiple pairs at once.

* Take-profit & stop-loss are sent to the broker when opening each trade

EA Parameters (adjustable):

Lot size: 0.01

Take profit: 50

Stop loss : 100

MA period: 8

MA type: EMA/SMA

RSI period: 14

RSI overbought: 80

RSI oversold: 20

Use doubling?: TRUE/FALSE

Doubling levels: 3

EA Logic:

Open buy position when:

* Price is above MA

* RSI reads oversold

Open sell position when:

* Price is below MA

* RSI reads overbought

If take profit is hit the EA continues as normal and waits for another trade.

If stop-loss is hit the EA doubles the previous lot-size until a take-profit is hit

or the specified number of "doubling levels" have been fulfilled.

At which point the EA returns to the starting lot-size and repeats the process.

Doubling function example:

Use doubling:TRUE

Doubling levels: 3

TRADE 1: Lot-size = 0.01 - (outcome: LOSS)

TRADE 2: Lot-size = 0.02 - (outcome: LOSS)

TRADE 3: Lot-size = 0.04 - (outcome: LOSS)

TRADE 4: Lot-size = 0.08 - (outcome: LOSS)

[Doubling complete & lot-size is reset)

TRADE 5: Lot-size = 0.01 - (outcome: Not relevant)


Please ask if you don't understand the requirements of this project 100%

Thank you for your bids.

Skills: Metatrader

See more: martingale rsi, rsi martingale, profit rsi, trader freelancer, starting as a freelancer, rsi freelancer, not for profit freelancer, ma code, freelancer rsi, freelancer reset, freelancer opening, freelancer meta trader, freelancer for ea, freelancer 8 bids, ea metatrader freelancer, ea freelancer, mini freelancer, freelancer number of bids, freelancer mini project, ema, simple mini project, currency source code, work lot size, open buy open sell, period rsi

About the Employer:
( 2 reviews ) Sydney, Australia

Project ID: #2578981

Awarded to:


Hello, I'd like to work with you on this expert. Please see my PM and profile for more details and past references.

$100 AUD in 2 days
(107 Reviews)

11 freelancers are bidding on average $144 for this job


Dear Sir, Kindly check out your my private message box. Best Regards, Marcelo Marques

$200 AUD in 3 days
(82 Reviews)

HI, I can work for you. Please check PMB to discuss further. Thanks, trivietsales

$100 AUD in 2 days
(15 Reviews)

Ready to delivering the full solution.

$125 AUD in 3 days
(27 Reviews)

Please see your PMB for my detailed message.

$100 AUD in 3 days
(16 Reviews)

I have done a lot of martingale systems. I am very interested in my project. Please see my reviews and check your PM.

$50 AUD in 5 days
(47 Reviews)

Hello our team of experienced EA developers can do it professionaly.

$120 AUD in 3 days
(10 Reviews)

Hello, please see the PM for details.

$200 AUD in 3 days
(4 Reviews)

I am testing one of my Martingale based EA on demo account and found very much profitable in last 3 months. Please see [url removed, login to view]

$250 AUD in 3 days
(4 Reviews)

Hello, I can do this project. Please check PMB.

$85 AUD in 3 days
(11 Reviews)

Experienced in MQL.

$50 AUD in 4 days
(3 Reviews)

Hi, I already have an EA trading in similiar manner. You project can be delivered in less than 2 days.

$250 AUD in 2 days
(0 Reviews)