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Micro Martingale is a MetaTrader 4 expert advisor that opens trades from its own price-correction signals and can scale into losing positions with a configurable martingale routine. It carries high risk and needs careful testing.
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Micro Martingale is an expert advisor for MetaTrader 4 that opens positions from its own price-correction and reversal signals and can add to losing trades using a martingale routine. It is a high-risk approach, so this page sets out what the tool does and which settings control it, so that you can judge it before putting any capital behind it.
The EA looks for moments when price appears to be correcting or reversing, using a built-in signal whose length and limits you set yourself. When a signal appears and the spread is within your limit, it opens a trade. It can also be triggered by hand if manual trading is enabled.
With martingale enabled, the EA adds further positions once a trade is in loss by at least a minimum distance, and each new position is a multiple of the previous lot size. You control the multiplier and the maximum number of reopen steps. It can be run in two ways:
A locking function is also available. It opens an offsetting position with its own lot multiplier once a set percentage loss is reached. An optional Bollinger Bands filter can screen signals, and setting its period to zero turns it off.
The EA can be attached to major currency pairs on any timeframe from M1 to D1. Its settings are tuned around M1, and it is meant for symbols with low spreads. Activity tends to increase when the market is moving, while quiet conditions may produce fewer trades. Confirm symbol names and spread levels with your own broker.
The inputs fall into the groups below. Default values are not listed here, so check them in the inputs tab and test them on a demo account.
| Group | Parameters |
|---|---|
| Execution | Max_Spreads, Max_Slipage, Magic_number, Manual_Trading_Active |
| Signal | Signal_Level, Signal_Limit, BB_Period |
| Position limits | Max_Open_Positions, Max_Open_Increment, MaxLots |
| Lot sizing | Auto_Lot_Size, RiskPercent, Lotsize_if_noMM |
| Profit and loss | Profit_Lock_FirstTime, Profit_Trailing_Start, Profit_Trailing_Step, Loss_Close_Percent |
| Martingale | Martingale_Active, Marting_Min_Grid, Marting_Multiplication, Max_Reopen |
| Locking | Locking_Active, Locking_Multiplication, Locking_loss_percent |
| Time and alerts | TimeStart, TimeEnd, NoTradeTimeStart_1, NoTradeTimeEnd_1, Close_All_Positions, Alert_ |
Martingale sizing increases exposure as a position moves against you, so a long adverse move can use up margin quickly. Limit the maximum lot size, the number of open positions and the multiplier, and size your account accordingly.
Trading carries risk, and you can lose more than you expect with averaging methods. Past results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor, .ex4) |
| Strategy focus | Signals |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | Signal entries with optional martingale averaging |
| Markets | Major currency pairs; low-spread symbols preferred |
| Timeframes | M1 to D1; the settings are tuned around M1 |
| Position sizing | Fixed lot or percentage of free margin |
| Filters | Spread, trading hours, optional Bollinger Bands |
| Requirements | MT4 terminal with automated trading enabled |
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No. This is an MT4 expert advisor and will not load on MetaTrader 5. If you use MT5, look for a product built for that platform.
No. Martingale_Active switches the routine on or off. With it off, the EA relies on its entry signals together with the profit-lock, trailing and loss-close settings. Test both configurations on a demo account before you decide.
The EA is built around low spreads, so an account with tight spreads on major pairs is the better fit. Check the minimum deposit, lot step, maximum lot size and margin rules with your broker, because a martingale routine can need much more margin than the first trade suggests.
It can run on M1 to D1 and on major pairs, but the settings are tuned around M1. Pick one symbol and timeframe, run it on a demo account and check how the spread filter and position limits behave before going live.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4, restart the terminal or refresh the Navigator, enable Algo Trading, then drag the EA onto a chart and set the inputs.
No. No expert advisor can promise results. Martingale methods in particular can produce large drawdowns, and past results do not predict future ones.
Micro Martingale
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