Specification
hello , I have martingale strategy that may can be really works for forex, here is the strategy :
1- entrance could be anywhere , especially on market high movement
2- when you enter the trade , assuming BUY , set the stop lose 90 pip and the take profit 90 pip
3- when you enter the first trade , you set a pending order trade for the other direction in the same time , so if you buy , you set
a sell 30 pips away from buying entrance , stop loss and take profit is the same of the take and stop of buying.
4- if the market reached the pending order of sell , it will triggers another pending order for buy , but 30 pips away from the first trade of buy
stop lose and take profit same as first trade of buy
5- if the market reached the pending order of buy , it will triggers another pending order for sell , but 30 pips away from the first trade of buy
stop lose and take profit same as first trade of buy
6- this strategy will keeps running for 5 open trades , first trade will be 0.01 lot , sec is 0.02 lot , 3rd 0.03 lot , 4th 0.04 lot , 5th 0.05 lot
if any of open trades hits the take profit of it is , all trades close down , the open and pending trades
7- please measure the minimum amount of money needs to start these trades
8- I hope you can combain it with an indicator leads to the right direction to win from the first trade mostly
9- this strategy came from someone on youtube teaching people , his strategy was kinda not very good , but I'm very positive my modified strategy will leads
to profits , non losing any money , hope it works and develop it exact as written above , thank you