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This EA is based on the martingale strategy and also employs a bit of hedging. The EA will open a buy trade based on when a bullish candle closes and open a sell trade if the candle bar closes in the opposite direction.
When price goes against the direction of trade, the EA uses the chosen lotsize multiplier/addition rule to increase the lotsize and adjust the take profit accordingly.
Also when the EA closes a trade without going into drawdown, the next trade is opened with the next lotsize in the series rather than the original starting lotsize.
A good knowledge of how to build a martingale system is required for this job, especially how to calculate the take profit and adjust it accordingly. Please only those who understand this strategy should apply.
More details and specifications will be provided.
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Hello I need a very simple indicator This indicator should show the highest floating or history drawdown of the account It means that it can display the highest number that the account drawdown to be displayed on the chart in this format max drawdown account(xxxx$$) ...date(00/00/00)time:(00:00) max drawdown currency ..( currency name with max drwadown) . (xxxx$$) date(00/00/00)time:(00:00) thanks
I want have the possibility to increase lotsize not alone by Lot-multiplier rather I want add a fix-lot increase for excample for 0,05 lot. I want have this for buy / sell and hedge-buy and hedge sell
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