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MArtingale trade protect EA?
Hi!
In the past I saw the EA with similar ( MArtingale trade protect ) name, now I search with google, but don t have luck to find it...
you take his EA on chart like other, set SL and TP, and when close the first trade ( lot 0.01 ) and open another ( lot 0.02 ) and so on, and so on, if price goes against you. And you can set how deep is it go.
Anybody have/see any similar EA?
Thanks!
Custom Martingale EA
Hi All.
I try to find martingale EA.
Normally , martingale EA is increase lot size.
for example
①0.1lot x 1position
②0.2lot x 1position(total 0.3lot)
③0.3lot x 1position(total 0.6lot)
④0.4lot x 1position(total 1.0lot)
However I'm looking for another type EA.
This EA is increase positions.
for example
①0.1lot x 1position
②0.1lot x 2position(total 0.3lot)
③0.1lot x 3position(total 0.6lot)
④0.1lot x 4position(total 1.0lot)
Do you know this type EA??
or
Do you make up & change this type EA??Not a bad idea will not be the maximal lota
Not a bad idea will not be the maximal lota
The result will be the same : as long as you do not close orders when some % of your account is in loss, then the account will be busted sooner or later. Martingale closes orders only when in + and that is what makes it lose : the assumption that a group of orders will sooner or later be + is wrong : you have to have a very, very big account for that. and if you have a very big account, you do not need martingale
Interesting information to share. Martingale could really be a good strategy if there is an automated system that limits your losses to a certain extent.
There is no system who can stop Martin Losses and Limit orders means account can blow
Try this EA, it is my favoris
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