Product Overview
Daklak MT5 is an automated Martingale Expert Advisor (EA) for MetaTrader 5, designed to trade AUDUSD using a structured position-sizing and distance-based trading approach.
The EA has been tested using approximately 20 years of historical data, with the developer reporting positive results and an acceptable drawdown during the testing period. Daklak MT5 uses configurable lot sizing, trade-distance parameters, and automatic Take Profit management to control how additional positions are opened.
The default configuration is designed specifically for the AUDUSD 30-minute (M30) timeframe and requires a hedging account.
Because Daklak MT5 uses a Martingale strategy, traders should understand that position sizes and overall market exposure can increase as additional trades are opened. Proper testing and conservative capital management are therefore essential.
About the Developer
- Author: The Huy Phan
- Experience: Over +7 years of experience on MQL5.
- Notable Products: Daklak MT5, Serepok MT5, Serepok MT4, Daklak MT4, Set and Forget MT5 EA and other advisors.
- Flagship Product: Daklak MT5 is rated as the best performing product of the year.
>> Delivery time 24h-48h after payment.
>>> Refund if not delivered.
>>> You will receive the latest version without any limitations (ID+Time).
>>Reviewed by Jason Stap <<
Daklak MT5 Overview
Key Features of Daklak MT5
- Automated Martingale Strategy – Uses progressive trade positioning as part of its core strategy.
- Designed for AUDUSD – Default settings are configured for AUDUSD.
- Recommended M30 Timeframe – The default setup is intended for the 30-minute chart.
- 20 Years of Historical Testing – The developer reports testing across approximately two decades of historical data.
- Configurable Starting Lot Size – Determines the initial position size according to account balance.
- Distance-Based Entries – Uses separate parameters for the first trade and subsequent trades.
- Automatic Take Profit – Calculates Take Profit using the configured Take Profit Rate.
- Hedging Account Required – Designed to operate with MT5 hedging accounts.
- Slippage Control – Provides a configurable slippage parameter.
- Magic Number Support – Allows the EA to identify its own trades.
- Simple Configuration – Core trading parameters can be adjusted directly from the EA settings.
How Does Daklak MT5 Work?
Daklak MT5 follows a structured Martingale-based trading process.
🔺Initial Trade
The EA begins with a position based on its trading conditions and the configured initial lot size.
The default:
Lot Size per 1000 = 0.01
This means the EA uses the account balance as a reference for determining the starting position size according to the configured formula.
For example, based on the developer’s description, with a $3,000 balance, the first trade would use a 0.01 lot starting position.
🔺Initial Trade Distance
The Start Distance Rate controls the distance associated with the first trade.
The default value is:
Start Distance Rate = 5.0
This parameter helps define the spacing used by the strategy when managing its trading sequence.
🔺Additional Trades
If market conditions lead to additional positions being opened, Daklak MT5 uses the Step Distance Rate to determine the distance for subsequent trades.
Default:
Step Distance Rate = 3.0
This creates a structured distance between additional positions rather than opening them at arbitrary price levels.
🔺Martingale Position Management
The key characteristic of Daklak MT5 is its Martingale methodology.
When the strategy continues through a sequence of trades, additional positions can increase the total market exposure. This can potentially help the strategy recover from unfavorable price movement when the market subsequently moves in the expected direction.
However, the same mechanism creates significant risk because prolonged adverse movement can result in increasing exposure and floating losses.
🔺Take Profit
The EA uses the Take Profit Rate to determine its profit-taking level.
The default setting is:
Take Profit Rate = 2.0
The EA automatically manages the Take Profit according to this configured parameter.
Why Choose Daklak MT5?
Daklak MT5 may be suitable for traders who specifically understand and want to test an automated Martingale-based trading system.
Long Historical Test Period
The developer reports testing Daklak MT5 against approximately 20 years of historical data, providing a long historical period for evaluating how the strategy behaved under different market conditions.
AUDUSD-Focused Configuration
The default setup is specifically designed for AUDUSD, allowing traders to evaluate the EA using a defined market rather than relying on a generic multi-symbol configuration.
Simple Trading Parameters
The EA exposes a relatively small number of core parameters, including starting lot size, trade distances, Take Profit, and execution settings.
Automated Trade Management
Once configured, Daklak MT5 automatically manages the trading sequence according to its programmed strategy, reducing the need for manual intervention.
Hedging Support
The EA is designed for MT5 hedging accounts, which allow multiple positions on the same symbol to coexist.
Daklak MT5 Backtest Results
🔺AUDUSD pair – years of testing
- Initial Deposit: $1,000
- Total Net Profit: $50,296.04
- Win Rate (% of total): 76.39%
- Maximum Drawdown: 2.54%
Daklak MT5 Backtests
Performance and Risk Management
Daklak MT5’s risk profile is strongly connected to its Martingale strategy.
The main parameters affecting exposure include:
Lot Size per 1000
Controls the starting lot size relative to account balance.
The default is:
0.01 lot per 1,000 units of balance
Start Distance Rate
Controls the distance associated with the initial trade.
Default: 5.0
Step Distance Rate
Controls the distance used for subsequent trades in the trading sequence.
Default: 3.0
Take Profit Rate
Determines the configured Take Profit rate.
Default: 2.0
Slippage
Controls the configured slippage allowance during trade execution.
Default: 30
Important Martingale Risk
Unlike a fixed-lot strategy, a Martingale system can accumulate larger exposure when a trade sequence develops against the initial position.
As a result:
- Floating drawdown can increase during prolonged adverse movement.
- Margin requirements can increase as additional positions are opened.
- A strong one-directional market can create an extended losing sequence.
- Increasing exposure can accelerate both recovery potential and losses.
- Historical drawdown may not represent the maximum drawdown that could occur in future market conditions.
Traders should therefore evaluate maximum drawdown, margin usage, consecutive trade sequences, and worst-case historical periods, rather than focusing only on overall historical profit.
Weaknesses and Risk Warnings
Martingale Risk
The most important consideration is that Daklak MT5 uses a Martingale strategy. Martingale systems can increase exposure during adverse market movement, potentially producing substantial drawdown.
No Guaranteed Recovery
Although additional positions may be intended to help recover a losing sequence, there is no guarantee that the market will reverse before available margin becomes insufficient.
Large Capital Requirements
The stated minimum deposit of $1,000 should not be interpreted as a guarantee that $1,000 is sufficient for every market condition. Required capital can depend on broker specifications, leverage, spread, volatility, position sizing, and the length of adverse trade sequences.
Historical Testing Is Not a Guarantee
The reported 20-year historical test provides historical information about the strategy, but it cannot guarantee future performance. Live trading conditions can differ from historical data.
Broker Conditions Matter
Spread, slippage, execution speed, leverage, contract specifications, and margin requirements can materially affect Martingale strategies.
AUDUSD Default Settings
The default configuration is designed for AUDUSD M30. Applying the same settings to other symbols or timeframes without appropriate testing may produce substantially different results.
Pros and Cons
Pros
- Fully automated MT5 trading system
- Martingale-based trading methodology
- Designed for AUDUSD
- Default M30 configuration
- Approximately 20 years of historical testing reported by the developer
- Automatic position and Take Profit management
- Configurable trade distances
- Adjustable starting lot size
- Slippage parameter
- Supports MT5 hedging accounts
- Simple configuration
Cons
- Uses a Martingale strategy
- Can increase exposure during adverse market movement
- Drawdown can increase during prolonged losing sequences
- Requires careful margin management
- Default settings are designed for AUDUSD M30
- Results may differ significantly on other symbols or timeframes
- Historical testing does not guarantee future performance
- Requires a hedging account
Daklak MT5 Parameters
| Parameter |
Description |
| Lot Size per 1000 |
Determines the starting lot size relative to account balance. Default: 0.01. |
| Start Distance Rate |
Defines the distance rate for the first trade. Default: 5.0. |
| Step Distance Rate |
Defines the distance rate for subsequent trades. Default: 3.0. |
| Take Profit Rate |
Determines the Take Profit rate. Default: 2.0. |
| Slippage |
Configures the allowed slippage. Default: 30. |
| Comment |
Trade comment used by the EA. Default: DaklakMT5. |
| Magic Number |
Unique identifier used by the EA to identify its trades. Default: 474747. |
How to Install Daklak MT5
- Open MetaTrader 5.
- Select File → Open Data Folder.
- Navigate to MQL5 → Experts.
- Copy the Daklak MT5 EA file into the Experts folder.
- Restart MetaTrader 5 or refresh the Navigator panel.
- Open an AUDUSD chart.
- Select the M30 timeframe.
- Make sure the trading account is a hedging account.
- Attach Daklak MT5 to the chart.
- Configure the lot size and trading parameters.
- Enable Algo Trading.
- Perform backtesting and forward testing before considering live deployment.
Recommended Setup
- EA: Daklak MT5
- Platform: MetaTrader 5
- Default Symbol: AUDUSD
- Default Timeframe: M30
- Account Type: Hedging
- Minimum Deposit: $1,000
- Strategy: Martingale
- Historical Testing: Approximately 20 years reported by the developer
Real User Reviews and Feedback
🔺Daklak MT5 is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:
- Tobias Grosse (2020.06.18): “Safe EA with fixed SL. Many pairs selectable for trading. That reduces risk. Just set the risk value, that’s it. Trades are opened as in tester. Developer is friendly and helpful.”
What’s Included in the Download Package?
- Setting (If Any).docx
- Installation Guide.docx
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Final Thoughts
In summary, Daklak MT5 is an automated Martingale Expert Advisor for MetaTrader 5, primarily designed for AUDUSD on the M30 timeframe and requiring a hedging account. The EA uses distance-based entries, configurable starting lot size, automatic Take Profit management, and progressive position management as part of its core trading methodology.
The main characteristic of Daklak MT5 is its Martingale-based structure. While additional positions can potentially help a trading sequence recover when price moves back in the expected direction, the same mechanism can significantly increase exposure during prolonged adverse market movements. For this reason, starting lot size, trade distances, margin availability, leverage, and account balance are important factors when evaluating the EA. The reported historical drawdown should not be treated as a maximum possible future drawdown.
The supplied AUDUSD backtest reports $50,296.04 total net profit, a 76.39% win rate, and 2.54% maximum drawdown from a $1,000 initial deposit, based on approximately 20 years of historical testing according to the developer. These historical results do not guarantee future performance, and actual trading can differ because of spread, slippage, execution, leverage, liquidity, broker conditions, and changing AUDUSD market behavior.
Overall, Daklak MT5 provides a straightforward automated framework for traders specifically interested in testing a Martingale-based AUDUSD strategy. Due to the potential for increasing exposure during losing sequences, thorough backtesting and extended demo/forward testing are essential. Traders should use conservative position sizing, maintain sufficient margin, and fully understand the strategy’s worst-case risk before considering live deployment.
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