This is for integrating 3 new money management systems into a existing EA I have had created.
The following money management systems are to be added to a existing ea that has a martingale added which is chasing loses (not something i wish to do)
The below three money management methods are to be used when trading binary options.
To be considered you must send me a little info on what you would suggest for Method 3 or your application would be considered SPAM.
method 1
First trade 5% of bank (5min trade taking 75% earnings)
IF LOSS
Start sequence again with 5% of available free margin capital
IF WIN
Second trade is to trade with (ONLY) the winnings on the previous trade
IF LOSS
Start sequence again trade 5 % of bank
IF WIN
trade with the winnings of the 2 previous trades.
IF LOSS
Start sequence again trade 5 % of available free margin capital
IF WIN
Start sequence again trade 5 % of available free margin capital
method 2
First trade 5% of bank (5min trade taking 75% earnings)
IF WIN
remove initial trade amount plus 30% of earnings and use remaining balance to take next trade.
IF LOSS
Start process again
IF WIN
(Hold back 30% of WINNINGS and trade again with remaining balance)
IF LOSS
Start process again
IF WIN
(Hold back 30% of WINNINGS and trade again with remaining balance)
Continue until LOSS takes place in which case process starts again.
Method 3
Will be of your own creation after creating all that you have while freelancing on this forum I think its fair to say you should have developed a special set of skills.
This is a opportunity to be creative!
within the EA we must be able to easily change a few variables.
- % figure of bank used for initial trade (relevant to method 1 + 2)
- % of earnings withheld (relevant to method 2)
- options to turn on or off each money management method
- rounding down set on/off for example IF trade value comes to $33.52 round down to $33
- option to run money management on a trade by trade basis or manage each currency pair independently
So quick rehash.
To be considered you must send me a little info on what you would suggest for Method 3 or your application would be considered SPAM.