指定
HI,
IT is martingale EA based on the indicator that I have attached
Let me explain the idea,
- you can see BUY and Sell signals on the image
- there are 3 levels- 1(dot) 2(Dot) 3(dot/star)
- But some times this buy and sell signals mislead us, it means, e.g buy/sell signal such as 1(dot), 2(Dot). 3(dot/star) appear after that also market moves same direction
- Therefore, the moment a 1(dot), 2(Dot) 3(dot/star) appears, at the bottom buy or at the top sell order should be placed, if the market moves same direction martingale orders should continues until market retraces, it should have SL/TP
- now 3 martingales to be included in this EA, Martingale 1for level 1(dot),
Martingale 2 for level 2(dot) and martingale 3 for level 3(Dot/Star)
- Each level martingale should have: may be externals
a) Multiplication (e.g.: 2 or 3 or 1.5 or 1.68 etc.)
b) Distance/ gap( between orders in pips)
c) Maximum level (how many orders)
d) SL (true/false) and TP(true/false)
E) MM rules (true/false)
F) Equity protection (true/false)
- Each martingale is independent to each other and work independently
- each one should have True/False option, it means
Martingale 1 -1(dot), (True/false)
Martingale 2- 2(Dot). (True/false)
Martingale 3 -3(dot/star) (True/false)
- if you have any idea to add/suggest will be appreciated
Regards
Nanofx
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