K2 Forex Bot ( Free Downlaod )
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This bot’s totally free! Download it and enjoy the ride!



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Martingale bots are dangerous, the green lines on the graph is a big equity drop, so major drawdown. Only a large account could take it, and you would get a minimal return.
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@amincgi Which parity do we use? I tried it on EURUSD parity, why didn't it work?
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@jstap Martingale can be dangerous when used blindly — but this bot wasn’t built for gamblers. It’s designed with strict risk management, smart scaling, and adaptive parameters that keep equity drawdown within control. Big drawdowns come from bad settings, not bad logic. Profit with discipline is still profit.
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@amincgi

Setting [ H1
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I ran the bot on a demo account with a $10K balance.
I’ll share the results with you in the future. -
Ok, but you can see the drawdown it the equity line on the graph. If people want to use martingale that's there choice. It's not for me, and people that do not understand the possible risks, should know where the risk is. If you go on the MQL5 website, you can get many free martingale bots for this reason.
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@jstap You’re absolutely right that Martingale can destroy accounts in the wrong hands — that’s why this version focuses on controlled exposure, dynamic lot adjustment, and precise exit logic. It’s not one of those free “infinite lot” bots on MQL5. The goal here isn’t luck, it’s consistency with risk awareness. I’ll let the upcoming results speak louder than opinions.
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You can control the lots but not the drawdown, so if you wand to wait to get profit, and pay the brokers price for holding the trade open. Then maybe martingale is for you, but it's not for me.
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@jstap said in K2 Forex Bot ( Free Downlaod ):
You can control the lots but not the drawdown, so if you wand to wait to get profit, and pay the brokers price for holding the trade open. Then maybe martingale is for you, but it's not for me.
Fair point — but managing drawdown isn’t about avoiding it, it’s about containing it. Every strategy pays a price somewhere: Martingale pays in time, scalping pays in precision, swing pays in patience. What matters is long-term expectancy, not ideology. Let’s see which one wins over time.
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And if you want to talk about opinions, then there is 2 on this page, so the choice is solely on the reader, not either of us.
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@jstap
with a good optimization , a grid martingale MM system works amazing . with settings that are profitable yet nearly impossible to get margin call .if you backtest it on 10 years of market history and the drawdown is acceptable , you can be pretty much sure it would work fine for the rest of the years . if you are looking to get a decent amount of money with merely no drawdowns ... I'm curious how you do it ? -
@yousef-builder Simply drawdown over a long time is pointless, people day trade so they get in and out quickly, people swing trade because they have decided over time it will go in their direction, scalping can last seconds or hours. No funded accounts have rules that allow martingale, there is a reason for that. I know people that have made a lot from martingale, and people that have lost a lot... is about what you are comfy with. I am not comfy watching and hoping that at some point price will go in my direction, although all trading relies on this to a certain extent, and swing traders might increase there position using martingale, normally they entre a larger position early, because this is how you increase the win.
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Seriously? Do we still need to explain with evidence how ridiculous is using martingale on trading?