Balaji

MQL4 Experts

Specification

Hi,

   I am looking for some help in creating EA( Robot) .martingale strategy.This should auto trade with this strategy.Understanding this strategy could be bit confusing .I will explain with some examples.

Example : BUY strategy

    i) BUY 0.01 lots at 111.00 SL 110.80

    ii) BUY 0.02 lots at 111.20 SL 111.00

         At this point move SL of 0.01 lot to 111.20

    iii) BUY 0.04 lots at 111.40 SL 111.20

          At this point change SL for 0.01,0.02 lots SL to 111.40

    iv) BUY 0.08 lots at 111.60 SL 111.40

          At this point change SL for 0.01,0.02 and 0.04 SL to 111.60

    v)  BUY 0.16 lots at 111.80 SL 111.60 

            At this point change SL for 0.01,0.02,0.04 and 0.08 SL to 111.80

    Book all targets at 112.00

Same way we should have SELL strategy also.

in simple terms : BUY double size lots for every 20 pips movement and move the previous bought lots SL to upwards .


Kindly let me know if anyone can implement it with this logic .


Thanks,

Balaji




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