The Martingale Bone Crusher Metatrader 4 Forex robot is an algorithmic trader that executes trade entries based on the price that is aligned above or below the Moving Average.
One peculiar thing about the Martingale Bone Crusher forex robot is the fact that it deploys two distinct modes of the martingale strategy.
In one of the strategy modes, a new position is entered in the opposite direction with a multiplied lot size if a trade is lost.
The second mode also opens an opposite trade if a trade is lost but it’s carried out in line with price staying above or below the moving average regardless if the losing trade was a buy/sell.
The daily time frame remains the most preferred on the Martingale Bone Crusher EA.
Strategy Tester Report
Find below the Martingale Bone Crusher forex robot strategy tester report for the USD/CHF forex pair on the daily chart.
The EA made a total profit of $1505.83 from a total of 344 trades. The largest winning trade generated $333.64 in profits, while the largest losing trade generated a loss of-$167.72.
Bars in test: 2045 ticks modelled
Initial deposit: $10000.00
Total net profit: $1505.83
Total trades: 344
Largest profit trade: $333.64
Largest loss trade: -$167.72
Consecutive wins: 2
Consecutive losses: 2
MT4 Forex Robot Characteristics
Currency pairs: Any
Platform: Metatrader 4
Type: Expert advisor
Input Parameters: Choose between two strategies, Multiply for Martingale, Lot size, Trailing Stop pips distance, Stop Loss pips distance, Take Profit pips distance, Moving Average Period, Moving Average Period, Magic Number, Timeset, Start hour, End hour, Maximum allowed loss, Wait time for loss in minutes
Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month
Copy and paste the Martingale Bone Crusher XIII.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Experts (paste here)