Well Martin - MetaTrader 5 Expert | Martin EA Download - MT4/MT5 Resources

Well Martin EA is based on two indicators: Bollinger Bands and ADX. It is designed for use in quiet markets.

After the stop loss, the EA will increase the lot size by the Clotte coefficient until it reaches the maximum value - the maximum lot size . The batch then returns to its starting size - a lot .

The EA has a stealth mode where the stop loss is only visible to the user.

The EA opens buy orders when the lower Bollinger Bands are breached, and sell orders when the upper Bollinger Bands are breached.

EURUSD, М15 time frame.

EA trading parameters:

 //--- Bollinger Bands indicator input parameters
Input integer BBP period = 84 ; // Bollinger band period
Input integer BBShift = 0 ; // Offset relative to the chart
Enter double BBDev = 1.8 ; // standard deviation
//--- ADX indicator input parameters
Input integer ADXP period = 40 ; // ADX period
Input integer ADX level = 45 ; // ADX level
//--- EA input parameters
Enter an integer TP = 1200 ; // Take profit
Enter an integer SL = 1400 ; // Stop loss
Input integer slip = 50 ; // slippage
Input integer sneak = 0 ; // Mode: 1 Station visible only to user
Enter double KLot = 2 ; // lot multiplier
Enter double the maximum lot size = 5 ; // The maximum lot size is reset to the starting size
Enter double lot size = 0.1 ; // trading lot size
Input color label Clr= clear green ; // label color

Figure 1. Stealth mode

Figure 2. Optimization results from 2010 to present

Attachment download

📎 wellmartin.mq5 (11.29 KB)

Source: MQL5 #13315