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Name: BB Martingale EA MT5
Version: Latest version
Developer by: Prafull Manohar Nikam
The Right Platform: Meta Trader 5 (MT5)
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BB Martingale EA MT5 is a fully automated trading system designed to capitalize on price movements using the Bollinger Bands indicator. The EA automatically opens trades when the price crosses the upper or lower Bollinger Band by a specified pip distance. After the initial trade, if the price moves further by a set distance, the EA opens subsequent trades with increasing lot sizes following the Martingale strategy, aiming to maximize profits during volatile market conditions.
100% Automated Trading: Fully autonomous operation without manual intervention.
Martingale Strategy: Increases trade size after losses to recover drawdowns faster.
Auto Stop Function (Optional): Helps manage risk by stopping trades automatically under adverse conditions.
High Risk, High Reward: Suitable for traders willing to take higher risks for greater potential returns.
Automatic Profit Closing by Pips: Optimizes profits and minimizes risk by closing trades when a set pip profit is reached.
Trend Indicator Integration: Enhances trade accuracy by aligning with market trends.
Win Rate Above 50%: Offers consistent winning opportunities to traders.
Time-Saving: Eliminates the need for constant market monitoring, reducing trading stress.
Profit Optimization: Combines Martingale with Bollinger Bands to exploit strong market movements.
Effective Risk Management: Optional auto-stop and pip-based profit closing reduce potential losses.
Designed for Larger Accounts: Intended for accounts with at least $10,000, promoting capital preservation and sustainable growth.
Ideal for Experienced Traders: Due to the high-risk nature of Martingale, it suits users with a solid understanding of the strategy and strict money management skills.
BB Martingale EA continues to prove the effectiveness of its grid and martingale combined strategy with a solid win rate and disciplined risk management. In a backtest conducted on EURUSD H1, the EA turned an initial deposit of $10,000 into a net profit of $8,675.39 while maintaining a profit factor of 11.28 and a maximum balance drawdown of only 2.99%.
This confirms its potential as a highly efficient automated trading tool, suitable for traders who apply strict money management and are willing to accept moderate risk.
Backtest Summary (EURUSD – MetaTrader 5)
Initial Deposit: $10,000
Total Net Profit: $8,675.39
Profit Factor: 11.28
Win Rate: 56.10%
Max Balance Drawdown: 2.99% ($575.72)
Name | Fit |
---|---|
Trading platform | Meta Trader 5 (MT5) |
Time frames | H1 |
Currency pairs | EURUSD |
Min / Recommended deposit | 10000 USD or EUR |
Min / Recommended leverage | 1:500 |
VPS | Optional, for uninterrupted advisor operation. |
🤗WISH YOU SUCCESSFUL TRADING🤗
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