Today, we’d like to talk about Mr. Martin software that’s featured by an MQL5 forum.
![Mr. Martin presentation](https://forexeatop.com/mdbank/2020/11/Mr.-Martin11.png)
This EA was designed by Vasiliy Kolesov and published on November 3, 2018. The last update (2.24) it received on February 15, 2019.
Mr. Martin Features
Let’s talk about features:
- It’s a fully-automated trading solution.
- It should be used for long-term investing.
- The EA has several filters (?).
- It has a deposit protection system that places SL, according to SL_percent_balans parameters.
- The robot has several trading modes (conservative, aggressive).
- It can work with any broker house and spreads.
Pricing
![Mr. Martin Pricing](https://forexeatop.com/mdbank/2020/11/Mr.-Martin8.png)
The offer is $500 for a copy of the product. There’s a demo download possibility. The developer provided no money-back-guarantee.
How it works
- The default settings let us trade the EUR/USD symbol on the M1 time frame.
- GMT Offset should be set +2.
- We have to have a minimum of $1000 on the deposit.
- The developer has conservative and aggressive settings. It’s unclear about what the settings we’ll use.
- If the spreads are higher than 10, TP should be decreased.
![Mr. Martin How it works](https://forexeatop.com/mdbank/2020/11/Mr.-Martin17.png)
The developer provided a full list of parameters and possible inputs.
Trading Strategy
The robot uses Averaging Unprofitable positions (risky strategy).
![Mr. Martin Trading Strategy](https://forexeatop.com/mdbank/2020/11/Mr.-Martin1.png)
There are several backtests. This is a EUR/USD one on the M15 time frame with modeling quality 99.90%. The initial deposit was $750 (January 2014). It became $5919 of the total net profit (October 2018). The EA traded 689 deals with a 73%-74% win-rate.
Trading Results
![Mr. Martin Trading Results](https://forexeatop.com/mdbank/2020/11/Mr.-Martin15.png)
We’ve got a real USD account on ForexChief. The absolute gain is +671%, with 59.5% of the maximum drawdown. The robot performs algorithmic trading. The account is online for over 58 weeks. The win-rate was 64%.
![Mr. Martin Mr. Martin Trading Results](https://forexeatop.com/mdbank/2020/11/Mr.-Martin10.png)
The account was totally deposited at $28.2k and withdrawn at $35.5k.
![Mr. Martin Mr. Martin Trading Results](https://forexeatop.com/mdbank/2020/11/Mr.-Martin9.png)
The trading frequency is low because the EA opens four trades weekly. The latest trade was two days ago.
![Mr. Martin Mr. Martin Trading Results](https://forexeatop.com/mdbank/2020/11/Mr.-Martin7.png)
As we can see, every month was profitable, excluding January 2020. Many of them had outstanding results.
![Mr. Martin drawdown](https://forexeatop.com/mdbank/2020/11/Mr.-Martin18.png)
From the chart, we can see these spikes of drawdowns. Little accounts have much margin to oversight these drawdowns.
![Mr. Martin Trading Results](https://forexeatop.com/mdbank/2020/11/Mr.-Martin6.png)
Trading results are weird in both: Lot Sizing, winning streak.
![Mr. Martin Trading Results](https://forexeatop.com/mdbank/2020/11/Mr.-Martin2.png)
We don’t believe that a trade with a 6.48 Lot Size was placed by the EA. Most likely, it was a manual one.
![Mr. Martin Trading Results](https://forexeatop.com/mdbank/2020/11/Mr.-Martin5.png)
The maximum consecutive losses are insane – 7 ones. The robot traded 279 deals (77 Longs and 202 Shorts). An average profit trade is $98.65. An average loss is -$64.10.
![Mr. Martin Myfxbook](https://forexeatop.com/mdbank/2020/11/Mr.-Martin14.png)
Myfxbook results look much smoother comparing to the real account connected to the MQL5 forum. The absolute gain was +214.36% with an average monthly gain of over 5% (5.53%). The maximum drawdown was lower than 20% (14.59%). It proves once again that his real account results were reached by mixed trading: automatic and manual.
![Mr. Martin advanced statistics](https://forexeatop.com/mdbank/2020/11/Mr.-Martin4.png)
The robot closed 327 deals with 2043.2 pips of the profit, keeping the Profit Factor high (3.23).
![Mr. Martin Trading Results](https://forexeatop.com/mdbank/2020/11/Mr.-Martin3.png)
The robot uses Heding, and a Grid plus Martingale combo.
Customer Reviews
![Mr. Martin Customer Reviews](https://forexeatop.com/mdbank/2020/11/Mr.-Martin19.png)
The robot has a three stars rate.
![Mr. Martin Customer Reviews](https://forexeatop.com/mdbank/2020/11/Mr.-Martin13.png)
There are several comments, but they’re not informative at all.
![Mr. Martin Customer Reviews](https://forexeatop.com/mdbank/2020/11/Mr.-Martin16.png)
The developer frequently communicates on the discussion branch on each of his products.